Spar Nord (Denmark) Price on November 22, 2024
| SPNO Stock | DKK 135.20 1.00 0.73% |
If you're considering investing in Spar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spar Nord stands at 135.20, as last reported on the 27th of November, with the highest price reaching 136.40 and the lowest price hitting 135.00 during the day. As of now, Spar Stock is very steady. Spar Nord Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.06, which indicates the firm had a 0.06% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Spar Nord Bank, which you can use to evaluate the volatility of the company. Please validate Spar Nord's Semi Deviation of 1.38, coefficient of variation of 1466.4, and Risk Adjusted Performance of 0.0558 to confirm if the risk estimate we provide is consistent with the expected return of 0.0736%.
Spar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Spar |
Sharpe Ratio = 0.06
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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 Spar Nord 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 Spar Nord by adding it to a well-diversified portfolio.
Spar Nord Valuation on November 22, 2024
It is possible to determine the worth of Spar Nord on a given historical date. On November 22, 2024 Spar was worth 137.0 at the beginning of the trading date compared to the closed value of 136.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spar Nord stock. Still, in general, we apply an absolute valuation method to find Spar Nord'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 Spar Nord where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spar Nord's related companies.
| Open | High | Low | Close | Volume | |
| 138.00 | 138.00 | 134.20 | 136.60 | 55,604 | |
11/22/2024 | 137.00 | 137.00 | 133.20 | 136.40 | 79,045 |
| 136.40 | 137.00 | 134.60 | 136.20 | 86,594 |
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Spar Nord Trading Date Momentum on November 22, 2024
| On November 25 2024 Spar Nord Bank was traded for 136.20 at the closing time. The highest price during the trading period was 137.00 and the lowest recorded bid was listed for 134.60 . The volume for the day was 86.6 K. This history from November 25, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.15% . The trading price change to the current price is 0.73% . |
Spar Nord Bank Fundamentals Correlations and Trends
By evaluating Spar Nord'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 Spar Nord's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spar Nord Stock history
Spar Nord 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 Spar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spar Nord Bank 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 Spar Nord stock prices may prove useful in developing a viable investing in Spar Nord
Spar Nord Bank AS provides various banking products and services to retail, business, and public sector customers in Denmark. Spar Nord Bank AS was founded in 1824 and is based in Aalborg, Denmark. Spar Nord operates under Banks - Regional - Europe classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 1523 people.
Spar Nord Stock Technical Analysis
Spar Nord 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
Spar Nord Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Spar Nord Bank cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Spar Nord November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Spar Nord stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spar Nord shares will generate the highest return on investment. By undertsting and applying Spar Nord stock market strength indicators, traders can identify Spar Nord Bank entry and exit signals to maximize returns
Spar Nord Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spar Nord's price direction in advance. Along with the technical and fundamental analysis of Spar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spar 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 | 0.0558 | |||
| Jensen Alpha | 0.0247 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1798 |
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Other Information on Investing in Spar Stock
Spar Nord financial ratios help investors to determine whether Spar 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 Spar with respect to the benefits of owning Spar Nord security.