Storebrand ASA (Norway) Performance
| STB Stock | NOK 123.30 0.40 0.33% |
Storebrand ASA has a performance score of 10 on a scale of 0 to 100. The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Storebrand ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Storebrand ASA is expected to be smaller as well. Storebrand ASA right now has a risk of 1.14%. Please validate Storebrand ASA expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Storebrand ASA will be following its existing price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Storebrand ASA are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting fundamental drivers, Storebrand ASA may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 3.6 B | |
| Total Cashflows From Investing Activities | -3.2 B |
Storebrand |
Storebrand ASA Relative Risk vs. Return Landscape
If you would invest 11,250 in Storebrand ASA on August 24, 2024 and sell it today you would earn a total of 1,080 from holding Storebrand ASA or generate 9.6% return on investment over 90 days. Storebrand ASA is generating 0.1475% of daily returns assuming 1.1404% volatility of returns over the 90 days investment horizon. Simply put, 10% of all stocks have less volatile historical return distribution than Storebrand ASA, and 98% 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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Storebrand ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Storebrand ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Storebrand ASA, and traders can use it to determine the average amount a Storebrand ASA'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 = 0.1294
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Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Storebrand ASA is performing at about 10% 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 Storebrand ASA by adding it to a well-diversified portfolio.
Storebrand ASA Fundamentals Growth
Storebrand Stock prices reflect investors' perceptions of the future prospects and financial health of Storebrand ASA, and Storebrand ASA 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 Storebrand Stock performance.
| Return On Equity | 0.0632 | |||
| Return On Asset | 0.0028 | |||
| Profit Margin | 0.15 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 73.18 B | |||
| Shares Outstanding | 464.21 M | |||
| Price To Earning | 8.61 X | |||
| Price To Book | 1.07 X | |||
| Price To Sales | 1.79 X | |||
| Revenue | 17.77 B | |||
| EBITDA | 4.09 B | |||
| Cash And Equivalents | 4.81 B | |||
| Cash Per Share | 10.31 X | |||
| Total Debt | 43.78 B | |||
| Debt To Equity | 86.60 % | |||
| Book Value Per Share | 81.72 X | |||
| Cash Flow From Operations | 661 M | |||
| Earnings Per Share | 5.52 X | |||
| Total Asset | 781.18 B | |||
| Retained Earnings | 14.01 B | |||
| Current Asset | 17.69 B | |||
| Current Liabilities | 30.77 B | |||
About Storebrand ASA Performance
By examining Storebrand ASA's fundamental ratios, stakeholders can obtain critical insights into Storebrand ASA'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 Storebrand ASA 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.
Storebrand ASA, through its subsidiaries, primarily provides insurance products and services for private individuals, companies, municipalities, and public sector in Norway and Sweden. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway. STOREBRAND ASA operates under Insurance - General classification in Norway and is traded on Oslo Stock Exchange. It employs 1789 people.Things to note about Storebrand ASA performance evaluation
Checking the ongoing alerts about Storebrand ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Storebrand ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Storebrand ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Storebrand ASA has accumulated 43.78 B in total debt with debt to equity ratio (D/E) of 86.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Storebrand ASA has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Storebrand ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Storebrand ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Storebrand ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Storebrand to invest in growth at high rates of return. When we think about Storebrand ASA's use of debt, we should always consider it together with cash and equity. | |
| About 69.0% of Storebrand ASA shares are owned by institutional investors |
- Analyzing Storebrand ASA'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 Storebrand ASA's stock is overvalued or undervalued compared to its peers.
- Examining Storebrand ASA'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 Storebrand ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Storebrand ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Storebrand ASA's stock. These opinions can provide insight into Storebrand ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Storebrand Stock
Storebrand ASA financial ratios help investors to determine whether Storebrand 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 Storebrand with respect to the benefits of owning Storebrand ASA security.