Sparebank (Norway) Today
| MING Stock | NOK 142.00 0.52 0.36% |
Performance5 of 100
| Odds Of DistressOver 55
|
Sparebank is selling for 142.00 as of the 24th of April 2024. This is a -0.36 percent decrease since the beginning of the trading day. The stock's lowest day price was 140.78. Sparebank has over 55 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Sparebank 1 SMN are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway. The company has 129.78 M outstanding shares. More on Sparebank 1 SMN
Moving together with Sparebank Stock
| 0.79 | SDRL | Seadrill | PairCorr |
| 0.64 | SCHB | Schibsted ASA B | PairCorr |
| 0.68 | EQNR | Equinor ASA Earnings Call Tomorrow | PairCorr |
Follow Valuation Odds of Bankruptcy
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Sparebank 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. Sparebank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sparebank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Group Chief Executive Officer | JanFrode Janson |
| Thematic Idea | Banks (View all Themes) |
| Business Concentration | Banks, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) |
Sparebank 1 SMN (MING) is traded on Oslo Stock Exchange in Norway and employs 1,432 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 16.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sparebank's market, we take the total number of its shares issued and multiply it by 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. Sparebank 1 SMN operates under Banks sector and is part of Financials industry. The entity has 129.78 M outstanding shares.
Sparebank 1 SMN has accumulated about 45.74 B in cash with (6.84 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 353.74.
Check Sparebank Probability Of Bankruptcy
Ownership AllocationSparebank 1 SMN shows a total of 129.78 Million outstanding shares. 30% of Sparebank 1 SMN outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sparebank Ownership Details
Sparebank Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Sparebank jumping above the current price in 90 days from now is nearly 4.7%. The Sparebank 1 SMN probability density function shows the probability of Sparebank stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sparebank 1 SMN has a beta of -0.2513. This indicates as returns on the benchmark increase, returns on holding Sparebank are expected to decrease at a much lower rate. During a bear market, however, Sparebank 1 SMN is likely to outperform the market. Additionally, sparebank 1 SMN has an alpha of 0.1596, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sparebank to move above the current price in 90 days from now is nearly 4.7 (This Sparebank 1 SMN probability density function shows the probability of Sparebank Stock to fall within a particular range of prices over 90 days) .
Sparebank 1 SMN Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sparebank market risk premium is the additional return an investor will receive from holding 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 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 Sparebank's alpha and beta are two of the key measurements used to evaluate Sparebank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.0 | |||
| Semi Deviation | 1.41 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.55 |
Sparebank Stock Against Markets
Picking the right benchmark for 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 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 Sparebank is critical whether you are bullish or bearish towards Sparebank 1 SMN at a given time. Please also check how 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 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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Sparebank Corporate Directors
Sparebank corporate directors refer to members of a Sparebank board of directors. The board of directors generally takes responsibility for the Sparebank's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Sparebank's board members must vote for the resolution. The Sparebank board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kjell Fordal | CFO and Executive Director of Fin. Division | Profile | |
| Janne Thomsen | Independent Director | Profile | |
| Christina Straub | Director, Employee Representative | Profile | |
| Wenche Seljeseth | Executive Director of Product, Processes and Production | Profile |
How to buy Sparebank Stock?
Before investing in 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 Sparebank. To buy Sparebank stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of 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 Sparebank stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sparebank 1 SMN 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 Sparebank 1 SMN 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 Sparebank 1 SMN, 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 Sparebank 1 SMN?
The danger of trading Sparebank 1 SMN 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 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 Sparebank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sparebank 1 SMN 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 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Sparebank Stock analysis
When running Sparebank's price analysis, check to measure 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 Sparebank is operating at the current time. Most of Sparebank's value examination focuses on studying past and present price action to predict the probability of 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 Sparebank's price. Additionally, you may evaluate how the addition of Sparebank to your portfolios can decrease your overall portfolio volatility.
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