Grong Sparebank (Norway) Performance
| GRONG Stock | NOK 158.00 1.12 0.71% |
Grong Sparebank has a performance score of 8 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0986, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grong Sparebank are expected to decrease at a much lower rate. During the bear market, Grong Sparebank is likely to outperform the market. Grong Sparebank right now retains a risk of 0.82%. Please check out Grong Sparebank downside variance, and the relationship between the treynor ratio and kurtosis , to decide if Grong Sparebank will be following its current trending patterns.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Grong Sparebank are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Grong Sparebank is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 203.1 M | |
| Total Cashflows From Investing Activities | -10.1 M |
Grong |
Grong Sparebank Relative Risk vs. Return Landscape
If you would invest 15,000 in Grong Sparebank on December 23, 2024 and sell it today you would earn a total of 800.00 from holding Grong Sparebank or generate 5.33% return on investment over 90 days. Grong Sparebank is generating 0.0886% of daily returns and assumes 0.8248% volatility on return distribution over the 90 days horizon. Simply put, 7% of stocks are less volatile than Grong, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Grong Sparebank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grong Sparebank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Grong Sparebank, and traders can use it to determine the average amount a Grong Sparebank's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1074
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | GRONG | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Grong Sparebank is performing at about 8% 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 Grong Sparebank by adding it to a well-diversified portfolio.
Grong Sparebank Fundamentals Growth
Grong Stock prices reflect investors' perceptions of the future prospects and financial health of Grong Sparebank, and Grong Sparebank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Grong Stock performance.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0167 | |||
| Profit Margin | 0.50 % | |||
| Operating Margin | 0.54 % | |||
| Current Valuation | 722.47 M | |||
| Shares Outstanding | 3.97 M | |||
| Price To Earning | 9.76 X | |||
| Price To Book | 0.58 X | |||
| Price To Sales | 2.30 X | |||
| Revenue | 218.17 M | |||
| Cash And Equivalents | 892.5 M | |||
| Cash Per Share | 300.25 X | |||
| Total Debt | 1.42 B | |||
| Book Value Per Share | 278.93 X | |||
| Cash Flow From Operations | (220.29 M) | |||
| Earnings Per Share | 16.16 X | |||
| Total Asset | 7.91 B | |||
About Grong Sparebank Performance
By examining Grong Sparebank's fundamental ratios, stakeholders can obtain critical insights into Grong Sparebank's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Grong Sparebank is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Grong Sparebank, an independent savings bank, provides a range of banking products and services in Norway. Grong Sparebank was founded in 1862 and is based in Grong, Norway. GRONG SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 58 people.Things to note about Grong Sparebank performance evaluation
Checking the ongoing alerts about Grong Sparebank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Grong Sparebank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Grong Sparebank has accumulated about 892.5 M in cash with (220.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 300.25. | |
| Roughly 38.0% of the company shares are held by company insiders |
- Analyzing Grong Sparebank's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Grong Sparebank's stock is overvalued or undervalued compared to its peers.
- Examining Grong Sparebank's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Grong Sparebank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Grong Sparebank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Grong Sparebank's stock. These opinions can provide insight into Grong Sparebank's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Grong Stock
Grong Sparebank financial ratios help investors to determine whether Grong 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 Grong with respect to the benefits of owning Grong Sparebank security.