Helgeland Sparebank (Norway) Price on November 27, 2024
| HELG Stock | NOK 140.00 2.48 1.74% |
If you're considering investing in Helgeland Stock, it is important to understand the factors that can impact its price. As of today, the current price of Helgeland Sparebank stands at 140.00, as last reported on the 2nd of December, with the highest price reaching 142.00 and the lowest price hitting 140.00 during the day. As of now, Helgeland Stock is very steady. Helgeland Sparebank holds Efficiency (Sharpe) Ratio of 0.0842, which attests that the entity had a 0.0842% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Helgeland Sparebank, which you can use to evaluate the volatility of the firm. Please check out Helgeland Sparebank's Market Risk Adjusted Performance of (0.65), risk adjusted performance of 0.0646, and Downside Deviation of 1.4 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Helgeland Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Helgeland |
Sharpe Ratio = 0.0842
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Helgeland Sparebank is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Helgeland Sparebank by adding it to a well-diversified portfolio.
Helgeland Sparebank Valuation on November 27, 2024
It is possible to determine the worth of Helgeland Sparebank on a given historical date. On November 27, 2024 Helgeland was worth 143.2 at the beginning of the trading date compared to the closed value of 143.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Helgeland Sparebank stock. Still, in general, we apply an absolute valuation method to find Helgeland Sparebank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Helgeland Sparebank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Helgeland Sparebank's related companies.
| Open | High | Low | Close | Volume | |
| 143.00 | 145.00 | 143.00 | 144.00 | 23,709 | |
11/27/2024 | 143.20 | 143.70 | 143.00 | 143.70 | 7,433 |
| 143.02 | 143.50 | 142.48 | 142.48 | 4,833 |
| Backtest Helgeland Sparebank | | | Helgeland Sparebank History | | | Helgeland Sparebank Valuation | Previous | Next |
Helgeland Sparebank Trading Date Momentum on November 27, 2024
| On November 28 2024 Helgeland Sparebank was traded for 142.48 at the closing time. The highest price during the trading period was 143.50 and the lowest recorded bid was listed for 142.48 . The volume for the day was 4.8 K. This history from November 28, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.85% . The trading delta at closing time to the current price is 1.18% . |
Helgeland Sparebank Fundamentals Correlations and Trends
By evaluating Helgeland Sparebank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Helgeland Sparebank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Helgeland financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Helgeland Sparebank Stock history
Helgeland Sparebank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Helgeland is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Helgeland Sparebank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Helgeland Sparebank stock prices may prove useful in developing a viable investing in Helgeland Sparebank
SpareBank 1 Helgeland provides various financial products and services to retail customers, small and medium enterprises, municipal authorities, and institutions in Norway. The company was founded in 1860 and is headquartered in Mo i Rana, Norway. SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 141 people.
Helgeland Sparebank Stock Technical Analysis
Helgeland Sparebank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Helgeland Sparebank Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Helgeland Sparebank cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Helgeland Sparebank December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Helgeland Sparebank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Helgeland Sparebank shares will generate the highest return on investment. By undertsting and applying Helgeland Sparebank stock market strength indicators, traders can identify Helgeland Sparebank entry and exit signals to maximize returns
Helgeland Sparebank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Helgeland Sparebank's price direction in advance. Along with the technical and fundamental analysis of Helgeland Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Helgeland to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0646 | |||
| Jensen Alpha | 0.1215 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.66) |
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Other Information on Investing in Helgeland Stock
Helgeland Sparebank financial ratios help investors to determine whether Helgeland 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 Helgeland with respect to the benefits of owning Helgeland Sparebank security.