Sparebanken Sor (Norway) Today
| SOR Stock | NOK 143.00 0.88 0.62% |
Performance7 of 100
| Odds Of DistressOver 52
|
Sparebanken Sor is selling for 143.00 as of the 18th of April 2024. This is a 0.62 percent up since the beginning of the trading day. The stock's lowest day price was 142.24. Sparebanken Sor has 52 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Sparebanken Sor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Sparebanken Sr operates as an independent savings bank in Norway. Sparebanken Sr is a subsidiary of Sparebankstiftelsen Sparebanken Sr. SPAREBANKEN SOR operates under Banks - Regional - Europe classification in Norway and is traded on Oslo Stock Exchange. It employs 436 people. The company has 41.57 M outstanding shares. More on Sparebanken Sor
Moving together with Sparebanken Stock
| 0.86 | SPOL | SpareBank 1 stlandet | PairCorr |
| 0.73 | SVEG | Sparebanken Vest | PairCorr |
| 0.79 | RING | Sparebank 1 Ringerike | PairCorr |
| 0.81 | PARB | Pareto Bank ASA Earnings Call This Week | PairCorr |
Moving against Sparebanken Stock
| 0.57 | GCC | Gram Car Carriers | PairCorr |
| 0.51 | VOW | Vow ASA | PairCorr |
Follow Valuation Odds of Bankruptcy
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Sparebanken 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. Sparebanken Sor's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sparebanken Sor or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Lasse Kvinlaug |
| Business Concentration | Banks - Regional - Europe, Financial Services (View all Sectors) |
Sparebanken Sor (SOR) is traded on Oslo Stock Exchange in Norway and employs 482 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sparebanken Sor's market, we take the total number of its shares issued and multiply it by Sparebanken Sor'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. Sparebanken Sor operates under Financial Services sector and is part of Banks - Regional - Europe industry. The entity has 41.57 M outstanding shares.
Sparebanken Sor has accumulated about 1.02 B in cash with (2.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 65.07.
Check Sparebanken Sor Probability Of Bankruptcy
Ownership AllocationSparebanken Sor maintains a total of 41.57 Million outstanding shares. Sparebanken Sor has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 84.0 % of Sparebanken Sor outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Sparebanken Ownership Details
Sparebanken Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Sparebanken Sor jumping above the current price in 90 days from now is roughly 2.78%. The Sparebanken Sor probability density function shows the probability of Sparebanken Sor stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sparebanken Sor has a beta of -0.0208. This usually implies as returns on the benchmark increase, returns on holding Sparebanken Sor are expected to decrease at a much lower rate. During a bear market, however, Sparebanken Sor is likely to outperform the market. Additionally, sparebanken Sor has an alpha of 0.0979, implying that it can generate a 0.0979 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sparebanken Sor to move above the current price in 90 days from now is roughly 2.78 (This Sparebanken Sor probability density function shows the probability of Sparebanken Stock to fall within a particular range of prices over 90 days) .
Sparebanken Sor Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sparebanken Sor market risk premium is the additional return an investor will receive from holding Sparebanken Sor 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 Sparebanken Sor. 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 Sparebanken Sor's alpha and beta are two of the key measurements used to evaluate Sparebanken Sor's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8228 | |||
| Semi Deviation | 0.9286 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.82 |
Sparebanken Stock Against Markets
Picking the right benchmark for Sparebanken Sor 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 Sparebanken Sor 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 Sparebanken Sor is critical whether you are bullish or bearish towards Sparebanken Sor at a given time. Please also check how Sparebanken Sor'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 Sparebanken Sor 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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Fundamental AnalysisView fundamental data based on most recent published financial statements |
| All Next | Launch Module |
Sparebanken Sor Corporate Management
Elected by the shareholders, the Sparebanken Sor's board of directors comprises two types of representatives: Sparebanken Sor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sparebanken. The board's role is to monitor Sparebanken Sor's management team and ensure that shareholders' interests are well served. Sparebanken Sor'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, Sparebanken Sor's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Marianne Lofthus | Director Market | Profile | |
| Geir Bergskaug | Chief Officer | Profile | |
| Steinar Vigsnes | Chief Officer | Profile | |
| Rolf Soraker | Director Support | Profile |
How to buy Sparebanken Stock?
Before investing in Sparebanken Sor, 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 Sparebanken Sor. To buy Sparebanken Sor stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sparebanken Sor. 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 Sparebanken Sor stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sparebanken Sor 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 Sparebanken Sor 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 Sparebanken Sor, 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 Sparebanken Sor?
The danger of trading Sparebanken Sor 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 Sparebanken Sor 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 Sparebanken Sor. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sparebanken Sor 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 Sparebanken Sor. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Sparebanken Stock analysis
When running Sparebanken Sor's price analysis, check to measure Sparebanken Sor'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 Sparebanken Sor is operating at the current time. Most of Sparebanken Sor's value examination focuses on studying past and present price action to predict the probability of Sparebanken Sor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparebanken Sor's price. Additionally, you may evaluate how the addition of Sparebanken Sor to your portfolios can decrease your overall portfolio volatility.
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