Storebrand Asa Adr Stock Market Value
| SREDY Stock | USD 21.70 0.00 0.00% |
| Symbol | Storebrand |
Storebrand ASA '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 Storebrand ASA's pink sheet 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 Storebrand ASA.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Storebrand ASA on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Storebrand ASA ADR or generate 0.0% return on investment in Storebrand ASA over 90 days. Storebrand ASA is related to or competes with Net Lease, Coty, Custom Truck, China Aircraft, United Rentals, Estee Lauder, and FTAI Aviation. Storebrand ASA, through its subsidiaries, primarily provides insurance products and services in Norway and Sweden More
Storebrand ASA 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 Storebrand ASA's pink sheet 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 Storebrand ASA ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.87) | |||
| Maximum Drawdown | 0.6494 |
Storebrand ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Storebrand ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Storebrand ASA's standard deviation. In reality, there are many statistical measures that can use Storebrand ASA historical prices to predict the future Storebrand ASA's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | 0.0021 | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.1704 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Storebrand ASA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Storebrand ASA ADR Backtested Returns
At this stage we consider Storebrand Pink Sheet to be very steady. Storebrand ASA ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. We have found seventeen technical indicators for Storebrand ASA ADR, which you can use to evaluate the volatility of the company. Please validate Storebrand ASA's Variance of 0.0133, risk adjusted performance of (0.07), and Coefficient Of Variation of 175745.1 to confirm if the risk estimate we provide is consistent with the expected return of 1.0E-4%. The entity has a beta of -0.0583, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Storebrand ASA are expected to decrease at a much lower rate. During the bear market, Storebrand ASA is likely to outperform the market. Storebrand ASA ADR right now has a risk of 0.12%. Please validate Storebrand ASA treynor ratio and day typical price , to decide if Storebrand ASA will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Storebrand ASA ADR has no correlation between past and present. Overlapping area represents the amount of predictability between Storebrand ASA time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 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 Storebrand ASA ADR price movement. The serial correlation of 0.0 indicates that just 0.0% of current Storebrand ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Storebrand ASA ADR lagged returns against current returns
Autocorrelation, which is Storebrand ASA pink sheet'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 Storebrand ASA's pink sheet expected returns. We can calculate the autocorrelation of Storebrand ASA returns to help us make a trade decision. For example, suppose you find that Storebrand ASA has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Storebrand ASA 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 Storebrand ASA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Storebrand ASA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Storebrand ASA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Storebrand ASA Lagged Returns
When evaluating Storebrand ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Storebrand ASA pink sheet have on its future price. Storebrand ASA 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, Storebrand ASA autocorrelation shows the relationship between Storebrand ASA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Storebrand ASA ADR.
Regressed Prices |
| Timeline |
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Additional Tools for Storebrand Pink Sheet Analysis
When running Storebrand ASA's price analysis, check to measure Storebrand ASA'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 Storebrand ASA is operating at the current time. Most of Storebrand ASA's value examination focuses on studying past and present price action to predict the probability of Storebrand ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Storebrand ASA's price. Additionally, you may evaluate how the addition of Storebrand ASA to your portfolios can decrease your overall portfolio volatility.