Trndelag Sparebank (Norway) Market Value
| TRSB Stock | 114.00 1.00 0.87% |
| Symbol | Trndelag |
Trndelag Sparebank '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 Trndelag Sparebank'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 Trndelag Sparebank.
| 12/14/2025 |
| 01/13/2026 |
If you would invest 0.00 in Trndelag Sparebank on December 14, 2025 and sell it all today you would earn a total of 0.00 from holding Trndelag Sparebank or generate 0.0% return on investment in Trndelag Sparebank over 30 days.
Trndelag Sparebank 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 Trndelag Sparebank'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 Trndelag Sparebank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.48 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 3.97 |
Trndelag Sparebank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trndelag Sparebank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trndelag Sparebank's standard deviation. In reality, there are many statistical measures that can use Trndelag Sparebank historical prices to predict the future Trndelag Sparebank's volatility.| Risk Adjusted Performance | 0.0071 | |||
| Jensen Alpha | 0.0403 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0111 |
Trndelag Sparebank Backtested Returns
As of now, Trndelag Stock is very steady. Trndelag Sparebank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0271, which indicates the firm had a 0.0271 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Trndelag Sparebank, which you can use to evaluate the volatility of the company. Please validate Trndelag Sparebank's Risk Adjusted Performance of 0.0071, coefficient of variation of 36120.52, and Semi Deviation of 1.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0412%. Trndelag Sparebank has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Trndelag Sparebank are expected to decrease at a much lower rate. During the bear market, Trndelag Sparebank is likely to outperform the market. Trndelag Sparebank right now has a risk of 1.52%. Please validate Trndelag Sparebank total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Trndelag Sparebank will be following its existing price patterns.
Auto-correlation | -0.62 |
Very good reverse predictability
Trndelag Sparebank has very good reverse predictability. Overlapping area represents the amount of predictability between Trndelag Sparebank time series from 14th of December 2025 to 29th of December 2025 and 29th of December 2025 to 13th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Trndelag Sparebank price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Trndelag Sparebank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
Trndelag Sparebank lagged returns against current returns
Autocorrelation, which is Trndelag Sparebank 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 Trndelag Sparebank's stock expected returns. We can calculate the autocorrelation of Trndelag Sparebank returns to help us make a trade decision. For example, suppose you find that Trndelag Sparebank 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 |
Trndelag Sparebank 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 Trndelag Sparebank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trndelag Sparebank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trndelag Sparebank stock over time.
Current vs Lagged Prices |
| Timeline |
Trndelag Sparebank Lagged Returns
When evaluating Trndelag Sparebank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trndelag Sparebank stock have on its future price. Trndelag Sparebank 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, Trndelag Sparebank autocorrelation shows the relationship between Trndelag Sparebank stock current value and its past values and can show if there is a momentum factor associated with investing in Trndelag Sparebank.
Regressed Prices |
| Timeline |
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