Morrow Bank (Norway) Performance
| MOBA Stock | 10.00 0.05 0.50% |
Morrow Bank has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Morrow Bank are expected to decrease at a much lower rate. During the bear market, Morrow Bank is likely to outperform the market. Morrow Bank ASA right now secures a risk of 2.22%. Please verify Morrow Bank ASA total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Morrow Bank ASA will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Morrow Bank ASA are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting essential indicators, Morrow Bank may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
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Morrow Bank Relative Risk vs. Return Landscape
If you would invest 920.00 in Morrow Bank ASA on December 22, 2024 and sell it today you would earn a total of 80.00 from holding Morrow Bank ASA or generate 8.7% return on investment over 90 days. Morrow Bank ASA is generating 0.1602% of daily returns and assumes 2.217% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Morrow, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Morrow Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Morrow Bank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Morrow Bank ASA, and traders can use it to determine the average amount a Morrow Bank'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 = 0.0723
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Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Morrow Bank is performing at about 5% 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 Morrow Bank by adding it to a well-diversified portfolio.
Things to note about Morrow Bank ASA performance evaluation
Checking the ongoing alerts about Morrow Bank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Morrow Bank ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Morrow Bank's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Morrow Bank's stock performance include:- Analyzing Morrow Bank'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 Morrow Bank's stock is overvalued or undervalued compared to its peers.
- Examining Morrow Bank'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 Morrow Bank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Morrow Bank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Morrow Bank's stock. These opinions can provide insight into Morrow Bank's potential for growth and whether the stock is currently undervalued or overvalued.