Melhus Sparebank (Norway) Performance
| MELG Stock | NOK 170.00 2.50 1.49% |
Melhus Sparebank has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Melhus Sparebank are expected to decrease at a much lower rate. During the bear market, Melhus Sparebank is likely to outperform the market. Melhus Sparebank right now secures a risk of 0.95%. Please verify Melhus Sparebank standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Melhus Sparebank will be following its current price movements.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Melhus Sparebank are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent essential indicators, Melhus Sparebank is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 25.2 M | |
| Total Cashflows From Investing Activities | -70.7 M |
Melhus |
Melhus Sparebank Relative Risk vs. Return Landscape
If you would invest 16,200 in Melhus Sparebank on November 2, 2024 and sell it today you would earn a total of 800.00 from holding Melhus Sparebank or generate 4.94% return on investment over 90 days. Melhus Sparebank is generating 0.0862% of daily returns and assumes 0.9543% volatility on return distribution over the 90 days horizon. Simply put, 8% of stocks are less volatile than Melhus, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Melhus Sparebank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Melhus Sparebank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Melhus Sparebank, and traders can use it to determine the average amount a Melhus 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 = 0.0903
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MELG | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Melhus Sparebank is performing at about 7% 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 Melhus Sparebank by adding it to a well-diversified portfolio.
Melhus Sparebank Fundamentals Growth
Melhus Stock prices reflect investors' perceptions of the future prospects and financial health of Melhus Sparebank, and Melhus 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 Melhus Stock performance.
| Return On Equity | 0.0875 | |||
| Return On Asset | 0.0102 | |||
| Profit Margin | 0.43 % | |||
| Operating Margin | 0.51 % | |||
| Current Valuation | 2.43 B | |||
| Shares Outstanding | 2.78 M | |||
| Price To Earning | 10.46 X | |||
| Price To Book | 0.35 X | |||
| Price To Sales | 1.77 X | |||
| Revenue | 232.64 M | |||
| EBITDA | 207.08 M | |||
| Cash And Equivalents | 912.01 M | |||
| Cash Per Share | 328.51 X | |||
| Total Debt | 2.56 B | |||
| Book Value Per Share | 451.06 X | |||
| Cash Flow From Operations | (305.54 M) | |||
| Earnings Per Share | 13.61 X | |||
| Total Asset | 10.22 B | |||
| Retained Earnings | 60 M | |||
| Current Asset | 313 M | |||
| Current Liabilities | 4.81 B | |||
About Melhus Sparebank Performance
By examining Melhus Sparebank's fundamental ratios, stakeholders can obtain critical insights into Melhus 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 Melhus 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.
Melhus Sparebank, a savings bank, provides various banking products and services to businesses and agriculture customers, and private individuals in Norway. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway. MELHUS SPAREBANK is traded on Oslo Stock Exchange in Norway.Things to note about Melhus Sparebank performance evaluation
Checking the ongoing alerts about Melhus Sparebank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Melhus Sparebank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Melhus Sparebank has high likelihood to experience some financial distress in the next 2 years | |
| Melhus Sparebank has accumulated about 912.01 M in cash with (305.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 328.51. | |
| Roughly 44.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Melhus 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 Melhus Sparebank's stock is overvalued or undervalued compared to its peers.
- Examining Melhus 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 Melhus Sparebank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Melhus Sparebank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Melhus Sparebank's stock. These opinions can provide insight into Melhus Sparebank's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Melhus Stock
Melhus Sparebank financial ratios help investors to determine whether Melhus 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 Melhus with respect to the benefits of owning Melhus Sparebank security.