Sunndal Sparebank (Norway) Market Value

SUNSB Stock  NOK 120.92  1.92  1.61%   
Sunndal Sparebank's market value is the price at which a share of Sunndal Sparebank trades on a public exchange. It measures the collective expectations of Sunndal Sparebank investors about its performance. Sunndal Sparebank is selling at 120.92 as of the 16th of March 2025; that is 1.61 percent up since the beginning of the trading day. The stock's open price was 119.0.
With this module, you can estimate the performance of a buy and hold strategy of Sunndal Sparebank and determine expected loss or profit from investing in Sunndal Sparebank over a given investment horizon. Check out Sunndal Sparebank Correlation, Sunndal Sparebank Volatility and Sunndal Sparebank Alpha and Beta module to complement your research on Sunndal Sparebank.
Symbol

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

Sunndal 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 Sunndal 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 Sunndal 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 Sunndal Sparebank on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Sunndal Sparebank or generate 0.0% return on investment in Sunndal Sparebank over 90 days. Sunndal Sparebank is related to or competes with Nordic Mining, Melhus Sparebank, Golden Energy, Romerike Sparebank, Norwegian Air, Nidaros Sparebank, and Instabank ASA. Sunndal Sparebank, a savings bank, provides banking products and services for private and corporate customers in Norway More

Sunndal 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 Sunndal 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 Sunndal Sparebank upside and downside potential and time the market with a certain degree of confidence.

Sunndal Sparebank Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sunndal Sparebank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sunndal Sparebank's standard deviation. In reality, there are many statistical measures that can use Sunndal Sparebank historical prices to predict the future Sunndal Sparebank's volatility.
Hype
Prediction
LowEstimatedHigh
119.60120.92122.24
Details
Intrinsic
Valuation
LowRealHigh
118.12119.44133.01
Details
Naive
Forecast
LowNextHigh
120.80122.12123.44
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
115.21119.38123.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sunndal Sparebank. Your research has to be compared to or analyzed against Sunndal Sparebank's peers to derive any actionable benefits. When done correctly, Sunndal 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 Sunndal Sparebank.

Sunndal Sparebank Backtested Returns

As of now, Sunndal Stock is very steady. Sunndal Sparebank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0305, which indicates the firm had a 0.0305 % 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 Risk Adjusted Performance of 0.043, coefficient of variation of 2226.12, and Semi Deviation of 1.23 to confirm if the risk estimate we provide is consistent with the expected return of 0.0404%. Sunndal Sparebank has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.3, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sunndal Sparebank are expected to decrease at a much lower rate. During the bear market, Sunndal Sparebank is likely to outperform the market. Sunndal Sparebank right now has a risk of 1.32%. Please validate Sunndal Sparebank semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Sunndal Sparebank will be following its existing price patterns.

Auto-correlation

    
  -0.32  

Poor reverse predictability

Sunndal Sparebank has poor reverse predictability. Overlapping area represents the amount of predictability between Sunndal 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 Sunndal Sparebank price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Sunndal Sparebank price fluctuation can be explain by its past prices.
Correlation Coefficient-0.32
Spearman Rank Test-0.36
Residual Average0.0
Price Variance1.96

Sunndal Sparebank lagged returns against current returns

Autocorrelation, which is Sunndal 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 Sunndal Sparebank's stock expected returns. We can calculate the autocorrelation of Sunndal Sparebank returns to help us make a trade decision. For example, suppose you find that Sunndal 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  

Sunndal 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 Sunndal Sparebank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sunndal Sparebank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sunndal Sparebank stock over time.
   Current vs Lagged Prices   
       Timeline  

Sunndal Sparebank Lagged Returns

When evaluating Sunndal Sparebank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sunndal Sparebank stock have on its future price. Sunndal 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, Sunndal Sparebank autocorrelation shows the relationship between Sunndal Sparebank stock current value and its past values and can show if there is a momentum factor associated with investing in Sunndal Sparebank.
   Regressed Prices   
       Timeline  

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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.