Sparebanken Vest (Norway) Price on September 6, 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, risk adjusted performance of (0.01), and Coefficient Of Variation of (6,329) 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.

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 September 6, 2023

It is possible to determine the worth of Sparebanken Vest on a given historical date. On September 6, 2023 Sparebanken was worth 99.17 at the beginning of the trading date compared to the closed value of 96.62. 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
  98.62    99.35    97.89    99.17    20,637  
09/06/2023
  99.17    99.17    96.07    96.62    131,917  
  96.61    96.98    94.97    96.25    120,208  
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Open Value
99.17
96.62
Closing Value
102.65
Upside

Sparebanken Vest Trading Date Momentum on September 6, 2023

On September 07 2023 Sparebanken Vest was traded for  96.25  at the closing time. The highest price during the trading period was 96.98  and the lowest recorded bid was listed for  94.97 . The volume for the day was 120.2 K. This history from September 7, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.38% . The trading price change to the current price is 0.56% .

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.
A focus of Sparebanken Vest technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sparebanken Vest trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sparebanken Vest Period Price Range

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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.

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.