Sunndal Sparebank (Norway) Price on August 30, 2023
| SUNSB Stock | NOK 116.10 0.30 0.26% |
If you're considering investing in Sunndal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sunndal Sparebank stands at 116.10, as last reported on the 2nd of December, with the highest price reaching 117.00 and the lowest price hitting 116.10 during the day. As of now, Sunndal Stock is very steady. Sunndal Sparebank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0836, which indicates the firm had a 0.0836% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sunndal Sparebank, which you can use to evaluate the volatility of the company. Please validate Sunndal Sparebank's Semi Deviation of 0.7113, risk adjusted performance of 0.0605, and Coefficient Of Variation of 1326.57 to confirm if the risk estimate we provide is consistent with the expected return of 0.0885%.
Sunndal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sunndal |
Sharpe Ratio = 0.0836
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Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Sunndal 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 Sunndal Sparebank by adding it to a well-diversified portfolio.
Sunndal Sparebank Valuation on August 30, 2023
It is possible to determine the worth of Sunndal Sparebank on a given historical date. On August 30, 2023 Sunndal was worth 100.02 at the beginning of the trading date compared to the closed value of 100.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunndal Sparebank stock. Still, in general, we apply an absolute valuation method to find Sunndal 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 Sunndal Sparebank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunndal Sparebank's related companies.
| Open | High | Low | Close | Volume | |
| 101.89 | 101.89 | 100.02 | 100.02 | 637.00 | |
08/30/2023 | 100.02 | 101.89 | 100.02 | 100.02 | 940.00 |
| 101.89 | 101.89 | 100.02 | 100.96 | 3,082 |
| Backtest Sunndal Sparebank | | | Sunndal Sparebank History | | | Sunndal Sparebank Valuation | Previous | Next |
Sunndal Sparebank Trading Date Momentum on August 30, 2023
| On August 31 2023 Sunndal Sparebank was traded for 100.96 at the closing time. The highest price during the trading period was 101.89 and the lowest recorded bid was listed for 100.02 . The volume for the day was 3.1 K. This history from August 31, 2023 contributed to the next trading day price boost. The trading price change to the next closing price was 0.94% . The trading price change to the current price is 2.81% . |
Sunndal Sparebank Fundamentals Correlations and Trends
By evaluating Sunndal 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 Sunndal Sparebank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunndal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sunndal Sparebank Stock history
Sunndal 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 Sunndal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunndal 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 Sunndal Sparebank stock prices may prove useful in developing a viable investing in Sunndal Sparebank
Sunndal Sparebank, a savings bank, provides banking products and services for private and corporate customers in Norway. The company was founded in 1892 and is based in Sunndalsra, Norway. SUNNDAL SPAREBANK is traded on Oslo Stock Exchange in Norway.
Sunndal Sparebank Stock Technical Analysis
Sunndal 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
Sunndal Sparebank Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Sunndal 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.
Sunndal Sparebank December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Sunndal 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 Sunndal Sparebank shares will generate the highest return on investment. By undertsting and applying Sunndal Sparebank stock market strength indicators, traders can identify Sunndal Sparebank entry and exit signals to maximize returns
Sunndal Sparebank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sunndal Sparebank's price direction in advance. Along with the technical and fundamental analysis of Sunndal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunndal 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 | 0.0605 | |||
| Jensen Alpha | 0.0579 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.7121 |
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Other Information on Investing in Sunndal Stock
Sunndal Sparebank financial ratios help investors to determine whether Sunndal 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 Sunndal with respect to the benefits of owning Sunndal Sparebank security.