Nidaros Sparebank (Norway) Performance
| NISB Stock | NOK 104.00 3.98 3.98% |
Nidaros Sparebank has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0526, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nidaros Sparebank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nidaros Sparebank is expected to be smaller as well. Nidaros Sparebank right now secures a risk of 1.16%. Please verify Nidaros Sparebank coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Nidaros Sparebank will be following its current price movements.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Nidaros Sparebank are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent essential indicators, Nidaros 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 | 213.1 M | |
| Total Cashflows From Investing Activities | 10.2 M |
Nidaros |
Nidaros Sparebank Relative Risk vs. Return Landscape
If you would invest 10,100 in Nidaros Sparebank on November 3, 2024 and sell it today you would earn a total of 300.00 from holding Nidaros Sparebank or generate 2.97% return on investment over 90 days. Nidaros Sparebank is generating 0.0546% of daily returns and assumes 1.1637% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Nidaros, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nidaros Sparebank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nidaros Sparebank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nidaros Sparebank, and traders can use it to determine the average amount a Nidaros 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 = 0.0469
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | NISB | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nidaros Sparebank is performing at about 3% 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 Nidaros Sparebank by adding it to a well-diversified portfolio.
Nidaros Sparebank Fundamentals Growth
Nidaros Stock prices reflect investors' perceptions of the future prospects and financial health of Nidaros Sparebank, and Nidaros 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 Nidaros Stock performance.
| Return On Equity | 0.0402 | |||
| Return On Asset | 0.005 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.29 % | |||
| Shares Outstanding | 1.13 M | |||
| Price To Earning | 17.11 X | |||
| Price To Book | 0.23 X | |||
| Price To Sales | 1.37 X | |||
| Revenue | 94.99 M | |||
| Cash And Equivalents | 554.07 M | |||
| Cash Per Share | 492.07 X | |||
| Total Debt | 50.09 M | |||
| Book Value Per Share | 473.41 X | |||
| Cash Flow From Operations | (109.95 M) | |||
| Earnings Per Share | 0.88 X | |||
| Total Asset | 4.3 B | |||
About Nidaros Sparebank Performance
By examining Nidaros Sparebank's fundamental ratios, stakeholders can obtain critical insights into Nidaros 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 Nidaros 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.
Nidaros Sparebank, a savings bank, provides loans, savings, insurance, pension products, and payment services for private and corporate customers in Norway. The company was founded in 1858 and is based in Klbu, Norway. NIDAROS SPAREBANK is traded on Oslo Stock Exchange in Norway.Things to note about Nidaros Sparebank performance evaluation
Checking the ongoing alerts about Nidaros Sparebank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nidaros Sparebank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nidaros Sparebank has accumulated about 554.07 M in cash with (109.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 492.07. | |
| Roughly 52.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nidaros 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 Nidaros Sparebank's stock is overvalued or undervalued compared to its peers.
- Examining Nidaros 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 Nidaros Sparebank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nidaros Sparebank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nidaros Sparebank's stock. These opinions can provide insight into Nidaros Sparebank's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nidaros Stock
Nidaros Sparebank financial ratios help investors to determine whether Nidaros 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 Nidaros with respect to the benefits of owning Nidaros Sparebank security.