Storebrand ASA (Norway) Buy Hold or Sell Recommendation

STB Stock  NOK 100.00  0.48  0.48%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Storebrand ASA is 'Strong Hold'. Macroaxis provides Storebrand ASA buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding STB positions. The advice algorithm takes into account all of Storebrand ASA's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Storebrand ASA's buy or sell advice are summarized below:
Real Value
81
Hype Value
100
Market Value
100
Naive Value
99.06
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Storebrand ASA given historical horizon and risk tolerance towards Storebrand ASA. When Macroaxis issues a 'buy' or 'sell' recommendation for Storebrand ASA, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Storebrand ASA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Storebrand and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Storebrand ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute Storebrand ASA Buy or Sell Advice

The Storebrand recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Storebrand ASA. Macroaxis does not own or have any residual interests in Storebrand ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Storebrand ASA's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Storebrand ASABuy Storebrand ASA
Strong Hold

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Storebrand ASA has a Risk Adjusted Performance of 0.128, Jensen Alpha of 0.1531, Total Risk Alpha of (0.01), Sortino Ratio of 0.0402 and Treynor Ratio of 2.25
Macroaxis provides recommendation on Storebrand ASA to complement and cross-verify current analyst consensus on Storebrand ASA. Our trade recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Storebrand ASA is not overpriced, please validate all Storebrand ASA fundamentals, including its price to sales, cash per share, earnings per share, as well as the relationship between the ebitda and current ratio .

Storebrand ASA Trading Alerts and Improvement Suggestions

Storebrand ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company 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

Storebrand ASA Returns Distribution Density

The distribution of Storebrand ASA's historical returns is an attempt to chart the uncertainty of Storebrand ASA's future price movements. The chart of the probability distribution of Storebrand ASA daily returns describes the distribution of returns around its average expected value. We use Storebrand ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Storebrand ASA returns is essential to provide solid investment advice for Storebrand ASA.
Mean Return
0.17
Value At Risk
-0.59
Potential Upside
1.33
Standard Deviation
0.76
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Storebrand ASA historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Storebrand ASA Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Storebrand ASA or Insurance sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Storebrand ASA's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Storebrand stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.15
β
Beta against NYSE Composite0.07
σ
Overall volatility
0.77
Ir
Information ratio 0.05

Storebrand ASA Volatility Alert

Storebrand ASA has low volatility with Treynor Ratio of 2.25, Maximum Drawdown of 5.31 and kurtosis of 10.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Storebrand ASA's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Storebrand ASA's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Storebrand ASA Fundamentals Vs Peers

Comparing Storebrand ASA's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Storebrand ASA's direct or indirect competition across all of the common fundamentals between Storebrand ASA and the related equities. This way, we can detect undervalued stocks with similar characteristics as Storebrand ASA or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Storebrand ASA's fundamental indicators could also be used in its relative valuation, which is a method of valuing Storebrand ASA by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Storebrand ASA to competition
FundamentalsStorebrand ASAPeer Average
Return On Equity0.0632-0.31
Return On Asset0.0028-0.14
Profit Margin0.15 %(1.27) %
Operating Margin0.22 %(5.51) %
Current Valuation73.18 B16.62 B
Shares Outstanding464.21 M571.82 M
Shares Owned By Insiders6.98 %10.09 %
Shares Owned By Institutions69.32 %39.21 %
Price To Earning8.61 X28.72 X
Price To Book1.07 X9.51 X
Price To Sales1.79 X11.42 X
Revenue17.77 B9.43 B
Gross Profit10.73 B27.38 B
EBITDA4.09 B3.9 B
Net Income2.38 B570.98 M
Cash And Equivalents4.81 B2.7 B
Cash Per Share10.31 X5.01 X
Total Debt43.78 B5.32 B
Debt To Equity86.60 %48.70 %
Current Ratio0.61 X2.16 X
Book Value Per Share81.72 X1.93 K
Cash Flow From Operations661 M971.22 M
Earnings Per Share5.52 X3.12 X
Price To Earnings To Growth(7.20) X4.89 X
Target Price98.2
Number Of Employees2.16 K18.84 K
Beta1.33-0.15
Market Capitalization39.47 B19.03 B
Total Asset781.18 B29.47 B
Retained Earnings14.01 B9.33 B
Working Capital(13.07 B)1.48 B
Current Asset17.69 B9.34 B
Current Liabilities30.77 B7.9 B

Storebrand ASA Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Storebrand . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Storebrand ASA Buy or Sell Advice

When is the right time to buy or sell Storebrand ASA? Buying financial instruments such as Storebrand Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Storebrand ASA in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Corporate Bonds Funds Thematic Idea Now

Corporate Bonds Funds
Corporate Bonds Funds Theme
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate Bonds Funds Theme or any other thematic opportunities.
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Check out Storebrand ASA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the Storebrand ASA information on this page should be used as a complementary analysis to other Storebrand ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Please note, there is a significant difference between Storebrand ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Storebrand ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Storebrand ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.