Aasen Sparebank (Norway) Performance
| AASB Stock | NOK 122.98 0.76 0.62% |
Aasen Sparebank has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0238, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aasen Sparebank are expected to decrease at a much lower rate. During the bear market, Aasen Sparebank is likely to outperform the market. Aasen Sparebank right now shows a risk of 1.1%. Please confirm Aasen Sparebank sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Aasen Sparebank will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Aasen Sparebank are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite quite unfluctuating essential indicators, Aasen Sparebank may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 105 M | |
| Total Cashflows From Investing Activities | -2.8 M |
Aasen |
Aasen Sparebank Relative Risk vs. Return Landscape
If you would invest 11,200 in Aasen Sparebank on August 28, 2024 and sell it today you would earn a total of 1,098 from holding Aasen Sparebank or generate 9.8% return on investment over 90 days. Aasen Sparebank is generating 0.1521% of daily returns and assumes 1.0957% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than Aasen, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Aasen Sparebank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aasen Sparebank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Aasen Sparebank, and traders can use it to determine the average amount a Aasen Sparebank's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1388
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Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Aasen Sparebank is performing at about 10% 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 Aasen Sparebank by adding it to a well-diversified portfolio.
Aasen Sparebank Fundamentals Growth
Aasen Stock prices reflect investors' perceptions of the future prospects and financial health of Aasen Sparebank, and Aasen Sparebank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Aasen Stock performance.
| Return On Equity | 0.0669 | |||
| Return On Asset | 0.0076 | |||
| Profit Margin | 0.33 % | |||
| Operating Margin | 0.45 % | |||
| Shares Outstanding | 1.73 M | |||
| Price To Earning | 3.53 X | |||
| Price To Book | 0.19 X | |||
| Price To Sales | 0.99 X | |||
| Revenue | 112.97 M | |||
| EBITDA | 86.94 M | |||
| Cash And Equivalents | 12.09 M | |||
| Cash Per Share | 11.93 X | |||
| Total Debt | 55.1 M | |||
| Book Value Per Share | 584.54 X | |||
| Cash Flow From Operations | (55.77 M) | |||
| Earnings Per Share | 6.29 X | |||
| Total Asset | 4.94 B | |||
About Aasen Sparebank Performance
By examining Aasen Sparebank's fundamental ratios, stakeholders can obtain critical insights into Aasen Sparebank's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Aasen Sparebank is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Aasen Sparebank provides various banking products and services in Norway. Aasen Sparebank was founded in 1862 and is based in sen, Norway. AASEN SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 30 people.Things to note about Aasen Sparebank performance evaluation
Checking the ongoing alerts about Aasen Sparebank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Aasen Sparebank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Aasen Sparebank has accumulated about 12.09 M in cash with (55.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.93. | |
| Roughly 19.0% of the company shares are held by company insiders |
- Analyzing Aasen Sparebank's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Aasen Sparebank's stock is overvalued or undervalued compared to its peers.
- Examining Aasen Sparebank's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Aasen Sparebank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aasen Sparebank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Aasen Sparebank's stock. These opinions can provide insight into Aasen Sparebank's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Aasen Stock
Aasen Sparebank financial ratios help investors to determine whether Aasen 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 Aasen with respect to the benefits of owning Aasen Sparebank security.