Sparebanken Mre (Norway) Today

MORG Stock  NOK 91.21  0.21  0.23%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 50

 
100  
 
Zero
About Average
Sparebanken Mre is selling for 91.21 as of the 29th of March 2024. This is a 0.23% increase since the beginning of the trading day. The stock's lowest day price was 91.0. Sparebanken Mre has 50 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 Mre are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2023 and ending today, the 29th of March 2024. Click here to learn more.
Sparebanken Mre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Mre og Romsdal, Norway. Sparebanken Mre was founded in 1843 and is headquartered in lesund, Norway. SPAREBANKEN MORE is traded on Oslo Stock Exchange in Norway.. The company has 49.28 M outstanding shares. More on Sparebanken Mre

Moving together with Sparebanken Stock

  0.76SRBNK Sparebank 1 SRPairCorr

Moving against Sparebanken Stock

  0.78AKH Aker Horizons ASPairCorr
  0.62AKER Aker ASAPairCorr
  0.59NHY Norsk Hydro ASAPairCorr
  0.46EQNR Equinor ASAPairCorr
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 Mre's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sparebanken Mre or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationBanks—Regional, Financial Services (View all Sectors)
Sparebanken Mre (MORG) is traded on Oslo Stock Exchange in Norway and employs 380 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sparebanken Mre's market, we take the total number of its shares issued and multiply it by Sparebanken Mre'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 Mre operates under Financial Services sector and is part of Banks—Regional industry. The entity has 49.28 M outstanding shares. Sparebanken Mre has accumulated about 1.55 B in cash with 976 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 31.49.
Check Sparebanken Mre Probability Of Bankruptcy
Ownership Allocation
Sparebanken Mre maintains a total of 49.28 Million outstanding shares. Sparebanken Mre 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. 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 Mre jumping above the current price in 90 days from now is roughly 2.45%. The Sparebanken Mre probability density function shows the probability of Sparebanken Mre stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sparebanken Mre has a beta of 0.1367. This indicates as returns on the market go up, Sparebanken Mre average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sparebanken Mre will be expected to be much smaller as well. Additionally, sparebanken Mre has an alpha of 0.1595, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 91.21HorizonTargetOdds Above 91.21
97.49%90 days
 91.21 
2.45%
Based on a normal probability distribution, the odds of Sparebanken Mre to move above the current price in 90 days from now is roughly 2.45 (This Sparebanken Mre probability density function shows the probability of Sparebanken Stock to fall within a particular range of prices over 90 days) .

Sparebanken Mre Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sparebanken Mre market risk premium is the additional return an investor will receive from holding Sparebanken Mre 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 Mre. 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 Mre's alpha and beta are two of the key measurements used to evaluate Sparebanken Mre's performance over the market, the standard measures of volatility play an important role as well.

Sparebanken Stock Against Markets

Picking the right benchmark for Sparebanken Mre 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 Mre 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 Mre is critical whether you are bullish or bearish towards Sparebanken Mre at a given time. Please also check how Sparebanken Mre'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 Mre 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.

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Sparebanken Mre Corporate Management

Elected by the shareholders, the Sparebanken Mre's board of directors comprises two types of representatives: Sparebanken Mre 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 Mre's management team and ensure that shareholders' interests are well served. Sparebanken Mre'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 Mre's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marie HideEmployees DirectorProfile
Trond NydalChief OfficerProfile
Elisabeth BlomvikEx DivisionProfile
John WinsnesChief OfficerProfile
Olav HeggheimHead DepartmentProfile
Tone GjerdsbakkPublic SupportProfile
Arild SulebakkEx ExperienceProfile

How to buy Sparebanken Stock?

Before investing in Sparebanken Mre, 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 Mre. To buy Sparebanken Mre stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sparebanken Mre. 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 Mre stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Sparebanken Mre 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 Mre 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 Mre, 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 Mre?

The danger of trading Sparebanken Mre 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 Mre 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 Mre. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sparebanken Mre 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 Sparebanken Mre. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Sparebanken Stock analysis

When running Sparebanken Mre's price analysis, check to measure Sparebanken Mre'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 Mre is operating at the current time. Most of Sparebanken Mre's value examination focuses on studying past and present price action to predict the probability of Sparebanken Mre'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 Mre's price. Additionally, you may evaluate how the addition of Sparebanken Mre to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Sparebanken Mre's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparebanken Mre is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparebanken Mre'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.