Romsdal Sparebank (Norway) Market Value

ROMSB Stock  NOK 127.00  0.10  0.08%   
Romsdal Sparebank's market value is the price at which a share of Romsdal Sparebank trades on a public exchange. It measures the collective expectations of Romsdal Sparebank investors about its performance. Romsdal Sparebank is selling at 127.00 as of the 16th of March 2025; that is 0.08 percent up since the beginning of the trading day. The stock's open price was 126.9.
With this module, you can estimate the performance of a buy and hold strategy of Romsdal Sparebank and determine expected loss or profit from investing in Romsdal Sparebank over a given investment horizon. Check out Romsdal Sparebank Correlation, Romsdal Sparebank Volatility and Romsdal Sparebank Alpha and Beta module to complement your research on Romsdal Sparebank.
Symbol

Please note, there is a significant difference between Romsdal Sparebank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Romsdal Sparebank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Romsdal Sparebank'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.

Romsdal Sparebank 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Romsdal Sparebank's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Romsdal Sparebank.
0.00
12/16/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/16/2025
0.00
If you would invest  0.00  in Romsdal Sparebank on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Romsdal Sparebank or generate 0.0% return on investment in Romsdal Sparebank over 90 days. Romsdal Sparebank is related to or competes with Instabank ASA, Kraft Bank, Romerike Sparebank, Nidaros Sparebank, Eidesvik Offshore, Polaris Media, and Odfjell Technology. Romsdal Sparebank operates as a savings bank that provides various financial products and services to retail and corpora... More

Romsdal Sparebank Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Romsdal Sparebank's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Romsdal Sparebank upside and downside potential and time the market with a certain degree of confidence.

Romsdal Sparebank Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Romsdal Sparebank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Romsdal Sparebank's standard deviation. In reality, there are many statistical measures that can use Romsdal Sparebank historical prices to predict the future Romsdal Sparebank's volatility.
Hype
Prediction
LowEstimatedHigh
126.01127.00127.99
Details
Intrinsic
Valuation
LowRealHigh
124.51125.50139.70
Details
Naive
Forecast
LowNextHigh
125.35126.34127.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
122.35125.47128.59
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Romsdal Sparebank. Your research has to be compared to or analyzed against Romsdal Sparebank's peers to derive any actionable benefits. When done correctly, Romsdal Sparebank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Romsdal Sparebank.

Romsdal Sparebank Backtested Returns

As of now, Romsdal Stock is very steady. Romsdal Sparebank maintains Sharpe Ratio (i.e., Efficiency) of 0.0615, which implies the firm had a 0.0615 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Romsdal Sparebank, which you can use to evaluate the volatility of the company. Please check Romsdal Sparebank's Semi Deviation of 0.7015, risk adjusted performance of 0.0547, and Coefficient Of Variation of 1625.9 to confirm if the risk estimate we provide is consistent with the expected return of 0.0607%. Romsdal Sparebank has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of -0.0708, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Romsdal Sparebank are expected to decrease at a much lower rate. During the bear market, Romsdal Sparebank is likely to outperform the market. Romsdal Sparebank right now holds a risk of 0.99%. Please check Romsdal Sparebank treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Romsdal Sparebank will be following its historical price patterns.

Auto-correlation

    
  0.21  

Weak predictability

Romsdal Sparebank has weak predictability. Overlapping area represents the amount of predictability between Romsdal Sparebank time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Romsdal Sparebank price movement. The serial correlation of 0.21 indicates that over 21.0% of current Romsdal Sparebank price fluctuation can be explain by its past prices.
Correlation Coefficient0.21
Spearman Rank Test0.13
Residual Average0.0
Price Variance2.46

Romsdal Sparebank lagged returns against current returns

Autocorrelation, which is Romsdal Sparebank stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Romsdal Sparebank's stock expected returns. We can calculate the autocorrelation of Romsdal Sparebank returns to help us make a trade decision. For example, suppose you find that Romsdal Sparebank has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Romsdal Sparebank regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Romsdal Sparebank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Romsdal Sparebank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Romsdal Sparebank stock over time.
   Current vs Lagged Prices   
       Timeline  

Romsdal Sparebank Lagged Returns

When evaluating Romsdal Sparebank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Romsdal Sparebank stock have on its future price. Romsdal Sparebank autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Romsdal Sparebank autocorrelation shows the relationship between Romsdal Sparebank stock current value and its past values and can show if there is a momentum factor associated with investing in Romsdal Sparebank.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Romsdal Stock

Romsdal Sparebank financial ratios help investors to determine whether Romsdal 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 Romsdal with respect to the benefits of owning Romsdal Sparebank security.