Totens Sparebank (Norway) Price on August 28, 2024
TOTG Stock | NOK 290.00 0.00 0.00% |
If you're considering investing in Totens Stock, it is important to understand the factors that can impact its price. As of today, the current price of Totens Sparebank stands at 290.00, as last reported on the 27th of November, with the highest price reaching 290.00 and the lowest price hitting 290.00 during the day. Totens Sparebank appears to be very steady, given 3 months investment horizon. Totens Sparebank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Totens Sparebank, which you can use to evaluate the volatility of the company. Please review Totens Sparebank's Coefficient Of Variation of 581.5, risk adjusted performance of 0.1355, and Semi Deviation of 0.8632 to confirm if our risk estimates are consistent with your expectations.
Totens Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Totens |
Sharpe Ratio = 0.1752
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Estimated Market Risk
1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Totens Sparebank is performing at about 13% 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 Totens Sparebank by adding it to a well-diversified portfolio.
Totens Sparebank Valuation on August 28, 2024
It is possible to determine the worth of Totens Sparebank on a given historical date. On August 28, 2024 Totens was worth 265.0 at the beginning of the trading date compared to the closed value of 266.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Totens Sparebank stock. Still, in general, we apply an absolute valuation method to find Totens 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 Totens Sparebank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Totens Sparebank's related companies.
Open | High | Low | Close | Volume | |
257.00 | 258.50 | 257.00 | 258.50 | 117.00 | |
08/28/2024 | 265.00 | 267.00 | 264.65 | 266.50 | 3,114 |
265.00 | 265.00 | 260.00 | 262.00 | 440.00 |
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Totens Sparebank Trading Date Momentum on August 28, 2024
On August 29 2024 Totens Sparebank was traded for 262.00 at the closing time. The highest price during the trading period was 265.00 and the lowest recorded bid was listed for 260.00 . The volume for the day was 440. This history from August 29, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.69% . The trading price change to the current price is 1.56% . |
Totens Sparebank Fundamentals Correlations and Trends
By evaluating Totens 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 Totens Sparebank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Totens financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Totens Sparebank Stock history
Totens 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 Totens is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Totens 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 Totens Sparebank stock prices may prove useful in developing a viable investing in Totens Sparebank
Totens Sparebank provides various banking and financial products and services in Norway. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway. TOTENS SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 88 people.
Totens Sparebank Stock Technical Analysis
Totens 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
Totens Sparebank Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Totens 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.
Totens Sparebank November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Totens 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 Totens Sparebank shares will generate the highest return on investment. By undertsting and applying Totens Sparebank stock market strength indicators, traders can identify Totens Sparebank entry and exit signals to maximize returns
Totens Sparebank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Totens Sparebank's price direction in advance. Along with the technical and fundamental analysis of Totens Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Totens 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 | 0.1355 | |||
Jensen Alpha | 0.1878 | |||
Total Risk Alpha | 0.0086 | |||
Sortino Ratio | 0.0694 | |||
Treynor Ratio | 1.09 |
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Other Information on Investing in Totens Stock
Totens Sparebank financial ratios help investors to determine whether Totens 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 Totens with respect to the benefits of owning Totens Sparebank security.