Grong Sparebank Financials
| GRONG Stock | NOK 149.96 0.02 0.01% |
Grong |
Understanding current and past Grong Sparebank Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Grong Sparebank's financial statements are interrelated, with each one affecting the others. For example, an increase in Grong Sparebank's assets may result in an increase in income on the income statement.
Grong Sparebank Stock Summary
Grong Sparebank competes with Sparebank, Sparebank, Sparebanken Vest, Sparebank, and Sparebanken Ost. Grong Sparebank, an independent savings bank, provides a range of banking products and services in Norway. Grong Sparebank was founded in 1862 and is based in Grong, Norway. GRONG SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 58 people.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010636491 |
| Business Address | Sundspetvegen 2, Grong, |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Benchmark | Dow Jones Industrial |
| Website | www.grong-sparebank.no |
| Phone | 47 74 31 28 60 |
| Currency | NOK - Kroner |
You should never invest in Grong Sparebank without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Grong Stock, because this is throwing your money away. Analyzing the key information contained in Grong Sparebank's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Grong Sparebank Key Financial Ratios
Grong Sparebank's financial ratios allow both analysts and investors to convert raw data from Grong Sparebank's financial statements into concise, actionable information that can be used to evaluate the performance of Grong Sparebank over time and compare it to other companies across industries.| Return On Equity | 0.14 | |||
| Return On Asset | 0.0167 | |||
| Target Price | 162.0 | |||
| Number Of Employees | 63 | |||
| Beta | 0.14 |
Grong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Grong Sparebank's current stock value. Our valuation model uses many indicators to compare Grong Sparebank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Grong Sparebank competition to find correlations between indicators driving Grong Sparebank's intrinsic value. More Info.Grong Sparebank is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.12 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Grong Sparebank is roughly 8.22 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Grong Sparebank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Grong Sparebank's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Grong Sparebank Systematic Risk
Grong Sparebank's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Grong Sparebank volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Grong Sparebank correlated with the market. If Beta is less than 0 Grong Sparebank generally moves in the opposite direction as compared to the market. If Grong Sparebank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Grong Sparebank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Grong Sparebank is generally in the same direction as the market. If Beta > 1 Grong Sparebank moves generally in the same direction as, but more than the movement of the benchmark.
Grong Sparebank Thematic Clasifications
Grong Sparebank is part of Banks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All money banks and credit services. Large and small money and credit banks and credit services
This theme covers All money banks and credit services. Large and small money and credit banks and credit services. Get More Thematic Ideas
| Banks | View |
Grong Sparebank December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Grong Sparebank help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Grong Sparebank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Grong Sparebank based on widely used predictive technical indicators. In general, we focus on analyzing Grong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Grong Sparebank's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.52 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 7.13 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 1.78 |
Other Information on Investing in Grong Stock
Grong Sparebank financial ratios help investors to determine whether Grong Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Grong with respect to the benefits of owning Grong Sparebank security.