Norion Bank (Sweden) Performance
| NORION Stock | 37.40 0.10 0.27% |
Norion Bank has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Norion Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Norion Bank is expected to be smaller as well. Norion Bank right now secures a risk of 3.1%. Please verify Norion Bank maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Norion Bank will be following its current price movements.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Norion Bank are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Norion Bank is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
Norion |
Norion Bank Relative Risk vs. Return Landscape
If you would invest 3,635 in Norion Bank on December 21, 2024 and sell it today you would earn a total of 105.00 from holding Norion Bank or generate 2.89% return on investment over 90 days. Norion Bank is generating 0.0958% of daily returns and assumes 3.1016% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Norion, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Norion Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norion Bank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Norion Bank, and traders can use it to determine the average amount a Norion 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 = 0.0309
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| Cash | Small Risk | NORION | High Risk | Huge Risk |
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Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.1 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Norion Bank is performing at about 2% 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 Norion Bank by adding it to a well-diversified portfolio.
Things to note about Norion Bank performance evaluation
Checking the ongoing alerts about Norion Bank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Norion Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Norion Bank had very high historical volatility over the last 90 days |
- Analyzing Norion 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 Norion Bank's stock is overvalued or undervalued compared to its peers.
- Examining Norion 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 Norion Bank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Norion Bank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Norion Bank's stock. These opinions can provide insight into Norion Bank's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Norion Stock analysis
When running Norion Bank's price analysis, check to measure Norion Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Norion Bank is operating at the current time. Most of Norion Bank's value examination focuses on studying past and present price action to predict the probability of Norion Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norion Bank's price. Additionally, you may evaluate how the addition of Norion Bank to your portfolios can decrease your overall portfolio volatility.
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