Sparebank 1 Smn Stock Beneish M Score

MING Stock  NOK 147.00  1.26  0.86%   
This module uses fundamental data of Sparebank to approximate the value of its Beneish M Score. Sparebank M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sparebank 1 SMN. 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.
  
At this time, Sparebank's M Score is inapplicable. The earnings manipulation may begin if Sparebank's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Sparebank executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Sparebank's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

N/A

Focus
Asset Quality

N/A

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Expense Coverage

N/A

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Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

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Net Sales Growth

N/A

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Financial Leverage Condition

N/A

Focus

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About Sparebank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sparebank 1 SMN's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sparebank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sparebank 1 SMN based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sparebank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sparebank's short interest history, or implied volatility extrapolated from Sparebank options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sparebank 1 SMN. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Please note, there is a significant difference between Sparebank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparebank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparebank'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.