Sogn Sparebank (Norway) Today
| SOGN Stock | NOK 180.00 3.00 1.64% |
Performance7 of 100
| Odds Of DistressLess than 10
|
Sogn Sparebank is selling for 180.00 as of the 23rd of April 2024. This is a -1.64 percent decrease since the beginning of the trading day. The stock's lowest day price was 180.0. Sogn Sparebank has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Sogn Sparebank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Indre Sogn Sparebank provides banking products and services in Norway. The company was founded in 1971 and is based in rdalstangen, Norway. SOGN SPAREBANK is traded on Oslo Stock Exchange in Norway. The company has 632.5 K outstanding shares. More on Sogn Sparebank
Moving together with Sogn Stock
| 0.71 | SPOL | SpareBank 1 stlandet | PairCorr |
| 0.8 | SVEG | Sparebanken Vest Earnings Call This Week | PairCorr |
| 0.65 | SOR | Sparebanken Sor | PairCorr |
| 0.74 | RING | Sparebank 1 Ringerike | PairCorr |
| 0.69 | PARB | Pareto Bank ASA Earnings Call This Week | PairCorr |
| 0.7 | AURG | Aurskog Sparebank | PairCorr |
Moving against Sogn Stock
| 0.49 | MEDI | Medistim ASA Earnings Call This Week | PairCorr |
| 0.49 | WEST | Western Bulk Chartering | PairCorr |
Follow Valuation Odds of Bankruptcy
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Sogn Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sogn Sparebank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sogn Sparebank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Banks (View all Themes) |
| Business Concentration | Banks, Banks - Regional - Europe, Financial Services (View all Sectors) |
Sogn Sparebank (SOGN) is traded on Oslo Stock Exchange in Norway and employs 36 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 94.88 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sogn Sparebank's market, we take the total number of its shares issued and multiply it by Sogn Sparebank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sogn Sparebank operates under Financial Services sector and is part of Banks - Regional - Europe industry. The entity has 632.5 K outstanding shares.
Sogn Sparebank has accumulated about 589.88 M in cash with 10.53 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 932.61.
Check Sogn Sparebank Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Sogn Sparebank is 94.88 Million. Sogn Sparebank maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Sogn Ownership Details
Sogn Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Sogn Sparebank jumping above the current price in 90 days from now is about 11.6%. The Sogn Sparebank probability density function shows the probability of Sogn Sparebank stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sogn Sparebank has a beta of -0.1889. This usually implies as returns on the benchmark increase, returns on holding Sogn Sparebank are expected to decrease at a much lower rate. During a bear market, however, Sogn Sparebank is likely to outperform the market. Additionally, sogn Sparebank has an alpha of 0.3026, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sogn Sparebank to move above the current price in 90 days from now is about 11.6 (This Sogn Sparebank probability density function shows the probability of Sogn Stock to fall within a particular range of prices over 90 days) .
Sogn Sparebank Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sogn Sparebank market risk premium is the additional return an investor will receive from holding Sogn Sparebank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sogn Sparebank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Sogn Sparebank's alpha and beta are two of the key measurements used to evaluate Sogn Sparebank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.48 | |||
| Semi Deviation | 1.52 | |||
| Standard Deviation | 2.17 | |||
| Variance | 4.71 |
Sogn Stock Against Markets
Picking the right benchmark for Sogn Sparebank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sogn Sparebank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sogn Sparebank is critical whether you are bullish or bearish towards Sogn Sparebank at a given time. Please also check how Sogn Sparebank's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sogn Sparebank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Sogn Sparebank Corporate Management
Elected by the shareholders, the Sogn Sparebank's board of directors comprises two types of representatives: Sogn Sparebank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sogn. The board's role is to monitor Sogn Sparebank's management team and ensure that shareholders' interests are well served. Sogn Sparebank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sogn Sparebank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Olaug Skjerdal | G Member | Profile | |
| Karin Vikane | Assistant Mang | Profile | |
| Ingeborg Indrelid | Head Staff | Profile | |
| Magne Klepp | Chief Advisor | Profile | |
| Mads Indrehus | Chief Officer | Profile | |
| Gunnar Skahjem | Assistant Operations | Profile | |
| Ragnhild Tofastrud | Head Experiences | Profile |
How to buy Sogn Stock?
Before investing in Sogn Sparebank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sogn Sparebank. To buy Sogn Sparebank stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sogn Sparebank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Sogn Sparebank stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sogn Sparebank stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Sogn Sparebank stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sogn Sparebank, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Sogn Sparebank?
The danger of trading Sogn Sparebank is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sogn Sparebank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sogn Sparebank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sogn Sparebank is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sogn Sparebank. 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. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Sogn Stock analysis
When running Sogn Sparebank's price analysis, check to measure Sogn Sparebank'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 Sogn Sparebank is operating at the current time. Most of Sogn Sparebank's value examination focuses on studying past and present price action to predict the probability of Sogn Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sogn Sparebank's price. Additionally, you may evaluate how the addition of Sogn Sparebank to your portfolios can decrease your overall portfolio volatility.
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