Norion Bank (Sweden) Buy Hold or Sell Recommendation
| NORION Stock | 40.10 1.10 2.82% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Norion Bank is 'Strong Sell'. Macroaxis provides Norion Bank buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NORION positions.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. In addition, we conduct extensive research on individual companies such as Norion and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Norion Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Norion |
Execute Norion Bank Buy or Sell Advice
The Norion recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Norion Bank. Macroaxis does not own or have any residual interests in Norion Bank or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Norion Bank's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Norion Bank Trading Alerts and Improvement Suggestions
| Norion Bank had very high historical volatility over the last 90 days |
Norion Bank Returns Distribution Density
The distribution of Norion Bank's historical returns is an attempt to chart the uncertainty of Norion Bank's future price movements. The chart of the probability distribution of Norion Bank daily returns describes the distribution of returns around its average expected value. We use Norion Bank price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Norion Bank returns is essential to provide solid investment advice for Norion Bank.
| Mean Return | 0.13 | Value At Risk | -4.64 | Potential Upside | 4.40 | Standard Deviation | 3.00 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Norion Bank historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Norion Bank Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Norion Bank or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Norion Bank's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Norion stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 3.00 | |
Ir | Information ratio | 0.08 |
Norion Bank Volatility Alert
Norion Bank shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Norion Bank's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Norion Bank's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Norion Bank Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Norion . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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