Aasen Sparebank (Norway) Price on November 25, 2024
| AASB Stock | NOK 119.00 1.00 0.83% |
If you're considering investing in Aasen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aasen Sparebank stands at 119.00, as last reported on the 29th of November, with the highest price reaching 119.06 and the lowest price hitting 119.00 during the day. As of now, Aasen Stock is very steady. Aasen Sparebank secures Sharpe Ratio (or Efficiency) of 0.078, which signifies that the company had a 0.078% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aasen Sparebank, which you can use to evaluate the volatility of the firm. Please confirm Aasen Sparebank's Downside Deviation of 1.64, risk adjusted performance of 0.0787, and Mean Deviation of 0.5968 to double-check if the risk estimate we provide is consistent with the expected return of 0.0877%.
Aasen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aasen |
Sharpe Ratio = 0.078
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Aasen Sparebank is performing at about 6% 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 Aasen Sparebank by adding it to a well-diversified portfolio.
Aasen Sparebank Valuation on November 25, 2024
It is possible to determine the worth of Aasen Sparebank on a given historical date. On November 25, 2024 Aasen was worth 121.48 at the beginning of the trading date compared to the closed value of 122.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aasen Sparebank stock. Still, in general, we apply an absolute valuation method to find Aasen Sparebank'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 Aasen Sparebank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aasen Sparebank's related companies.
| Open | High | Low | Close | Volume | |
| 122.22 | 122.22 | 122.22 | 122.22 | 32.00 | |
11/25/2024 | 121.48 | 122.98 | 121.48 | 122.98 | 594.00 |
| 122.98 | 122.98 | 122.98 | 122.98 | 594.00 |
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Aasen Sparebank Trading Date Momentum on November 25, 2024
| On November 26 2024 Aasen Sparebank was traded for 122.98 at the closing time. The highest price during the trading period was 122.98 and the lowest recorded bid was listed for 122.98 . The volume for the day was 594. This history from November 26, 2024 did not affect price variability. The overall trading delta to the current price is 3.19% . |
Aasen Sparebank Fundamentals Correlations and Trends
By evaluating Aasen Sparebank'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 Aasen Sparebank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aasen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aasen Sparebank Stock history
Aasen Sparebank 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 Aasen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aasen Sparebank 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 Aasen Sparebank stock prices may prove useful in developing a viable investing in Aasen Sparebank
Aasen Sparebank provides various banking products and services in Norway. Aasen Sparebank was founded in 1862 and is based in sen, Norway. AASEN SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 30 people.
Aasen Sparebank Stock Technical Analysis
Aasen Sparebank 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
Aasen Sparebank Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Aasen Sparebank cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
Aasen Sparebank November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Aasen Sparebank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aasen Sparebank shares will generate the highest return on investment. By undertsting and applying Aasen Sparebank stock market strength indicators, traders can identify Aasen Sparebank entry and exit signals to maximize returns
Aasen Sparebank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aasen Sparebank's price direction in advance. Along with the technical and fundamental analysis of Aasen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aasen 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 | 0.0787 | |||
| Jensen Alpha | 0.1002 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 21.44 |
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Other Information on Investing in Aasen Stock
Aasen Sparebank financial ratios help investors to determine whether Aasen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aasen with respect to the benefits of owning Aasen Sparebank security.