Skue Sparebank (Norway) Price on January 10, 2024
| SKUE Stock | NOK 253.00 2.00 0.78% |
If you're considering investing in Skue Stock, it is important to understand the factors that can impact its price. As of today, the current price of Skue Sparebank stands at 253.00, as last reported on the 26th of November, with the highest price reaching 253.00 and the lowest price hitting 253.00 during the day. As of now, Skue Stock is very steady. Skue Sparebank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0561, which indicates the firm had a 0.0561% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Skue Sparebank, which you can use to evaluate the volatility of the company. Please validate Skue Sparebank's Risk Adjusted Performance of 0.0617, coefficient of variation of 1320.34, and Semi Deviation of 1.07 to confirm if the risk estimate we provide is consistent with the expected return of 0.069%.
Skue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Skue |
Sharpe Ratio = 0.0561
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Skue Sparebank is performing at about 4% 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 Skue Sparebank by adding it to a well-diversified portfolio.
Skue Sparebank Valuation on January 10, 2024
It is possible to determine the worth of Skue Sparebank on a given historical date. On January 10, 2024 Skue was worth 217.0 at the beginning of the trading date compared to the closed value of 217.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skue Sparebank stock. Still, in general, we apply an absolute valuation method to find Skue 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 Skue Sparebank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skue Sparebank's related companies.
| Open | High | Low | Close | Volume | |
| 213.29 | 217.00 | 213.29 | 217.00 | 32.00 | |
01/10/2024 | 217.00 | 217.00 | 215.15 | 217.00 | 229.00 |
| 217.00 | 218.85 | 209.58 | 217.00 | 2,357 |
| Backtest Skue Sparebank | | | Skue Sparebank History | | | Skue Sparebank Valuation | Previous | Next |
Skue Sparebank Trading Date Momentum on January 10, 2024
| On January 11 2024 Skue Sparebank was traded for 217.00 at the closing time. The highest price during the trading period was 218.85 and the lowest recorded bid was listed for 209.58 . The volume for the day was 2.4 K. This history from January 11, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.71% . |
Skue Sparebank Fundamentals Correlations and Trends
By evaluating Skue 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 Skue Sparebank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skue financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Skue Sparebank Stock history
Skue 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 Skue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skue 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 Skue Sparebank stock prices may prove useful in developing a viable investing in Skue Sparebank
Skue Sparebank provides various banking products and services primarily in Norway. Skue Sparebank was founded in 1842 and is based in Geilo, Norway. SKUE SPAREBANK is traded on Oslo Stock Exchange in Norway.
Skue Sparebank Stock Technical Analysis
Skue 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
Skue Sparebank Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Skue 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.
Skue Sparebank November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Skue 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 Skue Sparebank shares will generate the highest return on investment. By undertsting and applying Skue Sparebank stock market strength indicators, traders can identify Skue Sparebank entry and exit signals to maximize returns
Skue Sparebank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Skue Sparebank's price direction in advance. Along with the technical and fundamental analysis of Skue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skue 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 | 0.0617 | |||
| Jensen Alpha | 0.0886 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (1.77) |
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Other Information on Investing in Skue Stock
Skue Sparebank financial ratios help investors to determine whether Skue 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 Skue with respect to the benefits of owning Skue Sparebank security.