Sogn Sparebank Stock Beta
SOGN Stock | NOK 186.10 0.88 0.47% |
Sogn Sparebank fundamentals help investors to digest information that contributes to Sogn Sparebank's financial success or failures. It also enables traders to predict the movement of Sogn Stock. The fundamental analysis module provides a way to measure Sogn Sparebank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sogn Sparebank stock.
Sogn |
Sogn Sparebank Company Beta Analysis
Sogn Sparebank's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Sogn Sparebank Beta | 0.19 |
Most of Sogn Sparebank's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sogn Sparebank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, Sogn Sparebank has a Beta of 0.1912. This is 76.68% lower than that of the Financial Services sector and 89.07% lower than that of the Banks - Regional - Europe industry. The beta for all Norway stocks is notably lower than that of the firm.
Sogn Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sogn Sparebank's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sogn Sparebank could also be used in its relative valuation, which is a method of valuing Sogn Sparebank by comparing valuation metrics of similar companies.Sogn Sparebank is currently under evaluation in beta category among related companies.
As returns on the market increase, Sogn Sparebank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sogn Sparebank is expected to be smaller as well.
Sogn Fundamentals
Return On Equity | 0.058 | |||
Return On Asset | 0.0078 | |||
Profit Margin | 0.35 % | |||
Operating Margin | 0.43 % | |||
Shares Outstanding | 632.5 K | |||
Shares Owned By Insiders | 41.43 % | |||
Shares Owned By Institutions | 7.12 % | |||
Price To Earning | 8.94 X | |||
Price To Book | 0.08 X | |||
Price To Sales | 0.51 X | |||
Revenue | 164.44 M | |||
Gross Profit | 160.1 M | |||
EBITDA | 99.34 M | |||
Net Income | 51.97 M | |||
Cash And Equivalents | 589.88 M | |||
Cash Per Share | 932.61 X | |||
Total Debt | 451.71 M | |||
Book Value Per Share | 1,689 X | |||
Cash Flow From Operations | 10.53 M | |||
Earnings Per Share | 20.93 X | |||
Target Price | 149.0 | |||
Number Of Employees | 36 | |||
Beta | 0.19 | |||
Market Capitalization | 94.88 M | |||
Total Asset | 7.25 B | |||
Annual Yield | 0.04 % | |||
Net Asset | 7.25 B | |||
Last Dividend Paid | 5.5 |
About Sogn Sparebank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sogn Sparebank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sogn Sparebank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sogn Sparebank 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 Sogn 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, Sogn Sparebank's short interest history, or implied volatility extrapolated from Sogn Sparebank options trading.
Currently Active Assets on Macroaxis
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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
CEOs Directory Screen CEOs from public companies around the world |