NOBA Bank (Sweden) Performance
| NOBA Stock | 98.75 3.05 3.19% |
On a scale of 0 to 100, NOBA Bank holds a performance score of 7. The company owns a Beta (Systematic Risk) of 0.0642, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NOBA Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding NOBA Bank is expected to be smaller as well. Please check NOBA Bank's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether NOBA Bank's current price history will revert.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in NOBA Bank are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, NOBA Bank unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
NOBA |
NOBA Bank Relative Risk vs. Return Landscape
If you would invest 8,541 in NOBA Bank on November 19, 2025 and sell it today you would earn a total of 1,334 from holding NOBA Bank or generate 15.62% return on investment over 90 days. NOBA Bank is generating 0.2958% of daily returns and assumes 3.078% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than NOBA, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NOBA Bank Target Price Odds to finish over Current Price
The tendency of NOBA Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 98.75 | 90 days | 98.75 | about 58.11 |
Based on a normal probability distribution, the odds of NOBA Bank to move above the current price in 90 days from now is about 58.11 (This NOBA Bank probability density function shows the probability of NOBA Stock to fall within a particular range of prices over 90 days) .
NOBA Bank Price Density |
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Predictive Modules for NOBA Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NOBA Bank. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.NOBA Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NOBA Bank is not an exception. The market had few large corrections towards the NOBA Bank's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold NOBA Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NOBA Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 11.19 | |
Ir | Information ratio | 0.03 |
NOBA Bank Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of NOBA Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NOBA Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NOBA Bank had very high historical volatility over the last 90 days |
Things to note about NOBA Bank performance evaluation
Checking the ongoing alerts about NOBA Bank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NOBA Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NOBA Bank had very high historical volatility over the last 90 days |
- Analyzing NOBA 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 NOBA Bank's stock is overvalued or undervalued compared to its peers.
- Examining NOBA 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 NOBA Bank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NOBA Bank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NOBA Bank's stock. These opinions can provide insight into NOBA Bank's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for NOBA Stock Analysis
When running NOBA Bank's price analysis, check to measure NOBA Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOBA Bank is operating at the current time. Most of NOBA Bank's value examination focuses on studying past and present price action to predict the probability of NOBA Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOBA Bank's price. Additionally, you may evaluate how the addition of NOBA Bank to your portfolios can decrease your overall portfolio volatility.