NOBA Bank (Sweden) Performance
| NOBA Stock | 121.16 13.36 12.39% |
On a scale of 0 to 100, NOBA Bank holds a performance score of 16. The company owns a Beta (Systematic Risk) of 0.0082, 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
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Compared to the overall equity markets, risk-adjusted returns on investments in NOBA Bank are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, NOBA Bank unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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NOBA Bank Relative Risk vs. Return Landscape
If you would invest 9,196 in NOBA Bank on October 15, 2025 and sell it today you would earn a total of 2,920 from holding NOBA Bank or generate 31.75% return on investment over 90 days. NOBA Bank is generating 0.5059% of daily returns and assumes 2.4789% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than NOBA, and 90% 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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NOBA Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NOBA Bank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NOBA Bank, and traders can use it to determine the average amount a NOBA 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 = 0.2041
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Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average NOBA Bank is performing at about 16% 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 NOBA Bank by adding it to a well-diversified portfolio.
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.Evaluating NOBA Bank's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate NOBA Bank's stock performance include:- 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.