Morrow Bank (Norway) Performance
| MOBA Stock | 7.70 0.46 6.35% |
On a scale of 0 to 100, Morrow Bank holds a performance score of 18. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Morrow Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Morrow Bank is expected to be smaller as well. Please check Morrow Bank's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Morrow Bank's current price movements will revert.
Risk-Adjusted Performance
18 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Morrow Bank ASA are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting essential indicators, Morrow Bank disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Morrow Bank Relative Risk vs. Return Landscape
If you would invest 590.00 in Morrow Bank ASA on August 25, 2024 and sell it today you would earn a total of 180.00 from holding Morrow Bank ASA or generate 30.51% return on investment over 90 days. Morrow Bank ASA is generating 0.4199% of daily returns and assumes 1.7957% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Morrow, and 92% 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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Morrow Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Morrow Bank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Morrow Bank ASA, and traders can use it to determine the average amount a Morrow Bank'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 = 0.2339
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Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Morrow Bank is performing at about 18% 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 Morrow Bank by adding it to a well-diversified portfolio.
Things to note about Morrow Bank ASA performance evaluation
Checking the ongoing alerts about Morrow Bank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Morrow Bank ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Morrow Bank's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Morrow Bank's stock performance include:- Analyzing Morrow Bank'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 Morrow Bank's stock is overvalued or undervalued compared to its peers.
- Examining Morrow Bank'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 Morrow Bank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Morrow Bank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Morrow Bank's stock. These opinions can provide insight into Morrow Bank's potential for growth and whether the stock is currently undervalued or overvalued.