Kim Ostergaard - Spar Nord Chief Director

SPNO Stock  DKK 139.20  0.60  0.43%   

Insider

Kim Ostergaard is Chief Director of Spar Nord Bank
Age 38
Phone45 96 34 40 00
Webhttps://www.sparnord.com

Spar Nord Management Efficiency

The company has return on total asset (ROA) of 0.0118 % which means that it generated a profit of $0.0118 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1162 %, meaning that it generated $0.1162 on every $100 dollars invested by stockholders. Spar Nord's management efficiency ratios could be used to measure how well Spar Nord manages its routine affairs as well as how well it operates its assets and liabilities.
Spar Nord Bank has accumulated 7.77 B in total debt. Debt can assist Spar Nord until it has trouble settling it off, either with new capital or with free cash flow. So, Spar Nord's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Spar Nord Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spar to invest in growth at high rates of return. When we think about Spar Nord's use of debt, we should always consider it together with cash and equity.

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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 Bank (SPNO) is traded on Copenhagen Exchange in Denmark and employs 1,644 people.

Management Performance

Spar Nord Bank Leadership Team

Elected by the shareholders, the Spar Nord's board of directors comprises two types of representatives: Spar Nord inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spar. The board's role is to monitor Spar Nord's management team and ensure that shareholders' interests are well served. Spar Nord's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Spar Nord's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thorkild Mathiesen, Gen Accounts
Rune Borglum, Head Relations
John Lundsgaard, Managing Director and Member of Executive Board
Lasse Nyby, CEO and Member of Executive Board
Kim Ostergaard, Chief Director
Martin Rasmussen, MD Board
Trine Haals, Principal Officer
Martin Bach, Head Communications
Karin Duerlund, Head Department
Lars Moller, MD Board

Spar Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Spar Nord a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Spar Nord

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Spar Nord position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Spar Nord will appreciate offsetting losses from the drop in the long position's value.

Moving together with Spar Stock

  0.74FPILIM Formuepleje LimittellusPairCorr

Moving against Spar Stock

  0.49DKIDK Danske Invest DanmarkPairCorr
The ability to find closely correlated positions to Spar Nord could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spar Nord when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Spar Nord - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Spar Nord Bank to buy it.
The correlation of Spar Nord is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spar Nord moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spar Nord Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Spar Nord can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.