Sparebanken Vest (Norway) Price on August 10, 2023
SVEG Stock | NOK 132.00 1.50 1.12% |
If you're considering investing in Sparebanken Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sparebanken Vest stands at 132.00, as last reported on the 27th of November, with the highest price reaching 133.54 and the lowest price hitting 131.50 during the day. Sparebanken Vest owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0035, which indicates the firm had a -0.0035% return per unit of risk over the last 3 months. Sparebanken Vest exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sparebanken Vest's Variance of 1.33, coefficient of variation of (6,329), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
Sparebanken Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sparebanken |
Sharpe Ratio = -0.0035
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Estimated Market Risk
1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sparebanken Vest is not performing at its full potential. However, 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 Sparebanken Vest by adding Sparebanken Vest to a well-diversified portfolio.
Sparebanken Vest Valuation on August 10, 2023
It is possible to determine the worth of Sparebanken Vest on a given historical date. On August 10, 2023 Sparebanken was worth 97.34 at the beginning of the trading date compared to the closed value of 98.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sparebanken Vest stock. Still, in general, we apply an absolute valuation method to find Sparebanken Vest'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 Sparebanken Vest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sparebanken Vest's related companies.
Open | High | Low | Close | Volume | |
94.25 | 97.34 | 94.25 | 97.34 | 143,520 | |
08/10/2023 | 97.34 | 98.44 | 96.07 | 98.26 | 67,842 |
98.44 | 100.44 | 97.53 | 100.08 | 65,357 |
Backtest Sparebanken Vest | | | Sparebanken Vest History | | | Sparebanken Vest Valuation | Previous | Next |
Sparebanken Vest Trading Date Momentum on August 10, 2023
On August 11 2023 Sparebanken Vest was traded for 100.08 at the closing time. The highest price during the trading period was 100.44 and the lowest recorded bid was listed for 97.53 . The volume for the day was 65.4 K. This history from August 11, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 1.85% . The trading price change to the current price is 1.11% . |
Sparebanken Vest Fundamentals Correlations and Trends
By evaluating Sparebanken Vest'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 Sparebanken Vest's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sparebanken financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sparebanken Vest Stock history
Sparebanken Vest 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 Sparebanken is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sparebanken Vest 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 Sparebanken Vest stock prices may prove useful in developing a viable investing in Sparebanken Vest
Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Hordaland, Rogaland, and Sogn og Fjordane, Norway. The company was founded in 1823 and is headquartered in Bergen, Norway. SPAREBANKEN VEST is traded on Oslo Stock Exchange in Norway.
Sparebanken Vest Stock Technical Analysis
Sparebanken Vest 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
Sparebanken Vest Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Sparebanken Vest 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.
Sparebanken Vest November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Sparebanken Vest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparebanken Vest shares will generate the highest return on investment. By undertsting and applying Sparebanken Vest stock market strength indicators, traders can identify Sparebanken Vest entry and exit signals to maximize returns
Sparebanken Vest Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sparebanken Vest's price direction in advance. Along with the technical and fundamental analysis of Sparebanken Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sparebanken 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 | (0.01) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (0.03) |
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Other Information on Investing in Sparebanken Stock
Sparebanken Vest financial ratios help investors to determine whether Sparebanken 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 Sparebanken with respect to the benefits of owning Sparebanken Vest security.