Sparebank 1 Sr Bank Stock Market Value
SBRKF Stock | USD 14.65 0.00 0.00% |
Symbol | SpareBank |
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 SpareBank's otc 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 SpareBank.
03/24/2024 |
| 12/19/2024 |
If you would invest 0.00 in SpareBank on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding SpareBank 1 SR Bank or generate 0.0% return on investment in SpareBank over 270 days. SpareBank is related to or competes with SmartStop Self, NetSol Technologies, Comstock Holding, Aegon NV, Black Hills, Sapiens International, and Old Republic. SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal a... More
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 SpareBank's otc 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 SpareBank 1 SR Bank upside and downside potential and time the market with a certain degree of confidence.
SpareBank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SpareBank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SpareBank's standard deviation. In reality, there are many statistical measures that can use SpareBank historical prices to predict the future SpareBank's volatility.SpareBank 1 SR Backtested Returns
We have found three technical indicators for SpareBank 1 SR Bank, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SpareBank are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
SpareBank 1 SR Bank has no correlation between past and present. Overlapping area represents the amount of predictability between SpareBank time series from 24th of March 2024 to 6th of August 2024 and 6th of August 2024 to 19th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SpareBank 1 SR price movement. The serial correlation of 0.0 indicates that just 0.0% of current SpareBank price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
SpareBank 1 SR lagged returns against current returns
Autocorrelation, which is SpareBank otc 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 SpareBank's otc stock expected returns. We can calculate the autocorrelation of SpareBank returns to help us make a trade decision. For example, suppose you find that SpareBank has exhibited high autocorrelation historically, and you observe that the otc 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 |
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 SpareBank otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SpareBank otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SpareBank otc stock over time.
Current vs Lagged Prices |
Timeline |
SpareBank Lagged Returns
When evaluating SpareBank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SpareBank otc stock have on its future price. 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, SpareBank autocorrelation shows the relationship between SpareBank otc stock current value and its past values and can show if there is a momentum factor associated with investing in SpareBank 1 SR Bank.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SpareBank OTC Stock
SpareBank financial ratios help investors to determine whether SpareBank OTC 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 SpareBank with respect to the benefits of owning SpareBank security.