SPAREBK 1 (Germany) Price on July 31, 2024
| 93S Stock | EUR 9.94 0.07 0.71% |
If you're considering investing in SPAREBK Stock, it is important to understand the factors that can impact its price. As of today, the current price of SPAREBK 1 stands at 9.94, as last reported on the 11th of December 2024, with the highest price reaching 10.01 and the lowest price hitting 9.94 during the day. At this point, SPAREBK 1 is not too volatile. SPAREBK 1 NORD retains Efficiency (Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SPAREBK 1, which you can use to evaluate the volatility of the company. Please validate SPAREBK 1's risk adjusted performance of 0.1277, and Downside Deviation of 1.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
SPAREBK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SPAREBK |
Sharpe Ratio = 0.166
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 93S | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average SPAREBK 1 is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SPAREBK 1 by adding it to a well-diversified portfolio.
SPAREBK 1 Valuation on July 31, 2024
It is possible to determine the worth of SPAREBK 1 on a given historical date. On July 31, 2024 SPAREBK was worth 9.12 at the beginning of the trading date compared to the closed value of 8.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPAREBK 1 stock. Still, in general, we apply an absolute valuation method to find SPAREBK 1's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPAREBK 1 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPAREBK 1's related companies.
| Open | High | Low | Close | Volume | |
| 8.89 | 8.89 | 8.89 | 8.89 | 1.00 | |
07/31/2024 | 9.12 | 9.12 | 8.97 | 8.97 | 1.00 |
| 9.20 | 9.20 | 8.98 | 8.98 | 5.00 |
| Backtest SPAREBK 1 | | | SPAREBK 1 History | | | SPAREBK 1 Valuation | Previous | Next |
SPAREBK 1 Trading Date Momentum on July 31, 2024
| On August 01 2024 SPAREBK 1 NORD NORGE was traded for 8.98 at the closing time. The highest daily price throughout the period was 9.20 and the lowest price was 8.98 . The daily volume was 5.0. The net trading volume on 08/01/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 0.11% . The trading price change to current closing price is 0.56% . |
SPAREBK 1 NORD Fundamentals Correlations and Trends
By evaluating SPAREBK 1's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SPAREBK 1's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SPAREBK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SPAREBK 1 Stock history
SPAREBK 1 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SPAREBK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SPAREBK 1 NORD will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SPAREBK 1 stock prices may prove useful in developing a viable investing in SPAREBK 1
SpareBank 1 Nord-Norge provides financial products and services to personal customers, companies, and organizations in Northern Norway. SpareBank 1 Nord-Norge was founded in 1836 and is headquartered in Troms, Norway. SPAREBK 1 is traded on Frankfurt Stock Exchange in Germany.
SPAREBK 1 Stock Technical Analysis
SPAREBK 1 technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
SPAREBK 1 Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
SPAREBK 1 NORD NORGE cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
SPAREBK 1 December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how SPAREBK 1 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPAREBK 1 shares will generate the highest return on investment. By undertsting and applying SPAREBK 1 stock market strength indicators, traders can identify SPAREBK 1 NORD NORGE entry and exit signals to maximize returns
SPAREBK 1 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPAREBK 1's price direction in advance. Along with the technical and fundamental analysis of SPAREBK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPAREBK to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1277 | |||
| Jensen Alpha | 0.1793 | |||
| Total Risk Alpha | 0.0052 | |||
| Sortino Ratio | 0.0614 | |||
| Treynor Ratio | 2.29 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for SPAREBK Stock analysis
When running SPAREBK 1's price analysis, check to measure SPAREBK 1's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPAREBK 1 is operating at the current time. Most of SPAREBK 1's value examination focuses on studying past and present price action to predict the probability of SPAREBK 1's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPAREBK 1's price. Additionally, you may evaluate how the addition of SPAREBK 1 to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |