Sparebanken Vest's market value is the price at which a share of Sparebanken Vest trades on a public exchange. It measures the collective expectations of Sparebanken Vest investors about its performance. Sparebanken Vest is selling for under 141.80 as of the 8th of January 2025; that is 0.42 percent up since the beginning of the trading day. The stock's lowest day price was 140.8. With this module, you can estimate the performance of a buy and hold strategy of Sparebanken Vest and determine expected loss or profit from investing in Sparebanken Vest over a given investment horizon. Check out Sparebanken Vest Correlation, Sparebanken Vest Volatility and Sparebanken Vest Alpha and Beta module to complement your research on Sparebanken Vest.
Please note, there is a significant difference between Sparebanken Vest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparebanken Vest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparebanken Vest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Sparebanken Vest 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sparebanken Vest's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sparebanken Vest.
0.00
12/09/2024
No Change 0.00
0.0
In 31 days
01/08/2025
0.00
If you would invest 0.00 in Sparebanken Vest on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Sparebanken Vest or generate 0.0% return on investment in Sparebanken Vest over 30 days. Sparebanken Vest is related to or competes with Everyman Media, AcadeMedia, Grand Vision, One Media, Atresmedia, Flutter Entertainment, and XLMedia PLC. Sparebanken Vest is entity of United Kingdom More
Sparebanken Vest Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sparebanken Vest's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sparebanken Vest upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sparebanken Vest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sparebanken Vest's standard deviation. In reality, there are many statistical measures that can use Sparebanken Vest historical prices to predict the future Sparebanken Vest's volatility.
Sparebanken Vest appears to be very steady, given 3 months investment horizon. Sparebanken Vest owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sparebanken Vest, which you can use to evaluate the volatility of the company. Please review Sparebanken Vest's Risk Adjusted Performance of 0.1309, semi deviation of 0.2931, and Coefficient Of Variation of 636.55 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sparebanken Vest holds a performance score of 12. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sparebanken Vest's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sparebanken Vest is expected to be smaller as well. Please check Sparebanken Vest's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Sparebanken Vest's existing price patterns will revert.
Auto-correlation
0.00
No correlation between past and present
Sparebanken Vest has no correlation between past and present. Overlapping area represents the amount of predictability between Sparebanken Vest time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sparebanken Vest price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sparebanken Vest price fluctuation can be explain by its past prices.
Correlation Coefficient
0.0
Spearman Rank Test
1.0
Residual Average
0.0
Price Variance
0.9
Sparebanken Vest lagged returns against current returns
Autocorrelation, which is Sparebanken Vest stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sparebanken Vest's stock expected returns. We can calculate the autocorrelation of Sparebanken Vest returns to help us make a trade decision. For example, suppose you find that Sparebanken Vest has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Sparebanken Vest regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sparebanken Vest stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sparebanken Vest stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sparebanken Vest stock over time.
Current vs Lagged Prices
Timeline
Sparebanken Vest Lagged Returns
When evaluating Sparebanken Vest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sparebanken Vest stock have on its future price. Sparebanken Vest autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sparebanken Vest autocorrelation shows the relationship between Sparebanken Vest stock current value and its past values and can show if there is a momentum factor associated with investing in Sparebanken Vest.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Sparebanken Vest's price analysis, check to measure Sparebanken Vest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sparebanken Vest is operating at the current time. Most of Sparebanken Vest's value examination focuses on studying past and present price action to predict the probability of Sparebanken Vest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparebanken Vest's price. Additionally, you may evaluate how the addition of Sparebanken Vest to your portfolios can decrease your overall portfolio volatility.