Storebrand ASA (Norway) Market Value
| STB Stock | NOK 146.20 1.10 0.75% |
| 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 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 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 or generate 0.0% return on investment in Storebrand ASA over 90 days. Storebrand ASA is related to or competes with DnB ASA, Gjensidige Forsikring, Orkla ASA, Telenor ASA, and Yara International. Storebrand ASA, through its subsidiaries, primarily provides insurance products and services for private individuals, co... 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 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 Storebrand ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7127 | |||
| Information Ratio | 0.1041 | |||
| Maximum Drawdown | 4.97 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.85 |
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 | 0.2457 | |||
| Jensen Alpha | 0.2545 | |||
| Total Risk Alpha | 0.08 | |||
| Sortino Ratio | 0.1566 | |||
| Treynor Ratio | 1.85 |
Storebrand ASA Backtested Returns
Storebrand ASA appears to be very steady, given 3 months investment horizon. Storebrand ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates the firm had a 0.29 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Storebrand ASA, which you can use to evaluate the volatility of the company. Please review Storebrand ASA's Coefficient Of Variation of 369.65, risk adjusted performance of 0.2457, and Semi Deviation of 0.3662 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Storebrand ASA holds a performance score of 22. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Storebrand ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Storebrand ASA is expected to be smaller as well. Please check Storebrand ASA's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Storebrand ASA's existing price patterns will revert.
Auto-correlation | 0.86 |
Very good predictability
Storebrand ASA has very good predictability. 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 price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Storebrand ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 20.69 |
Storebrand ASA lagged returns against current returns
Autocorrelation, which is Storebrand ASA 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 Storebrand ASA's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Storebrand ASA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Storebrand ASA stock 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Storebrand ASA.
Regressed Prices |
| Timeline |
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Storebrand ASA financial ratios help investors to determine whether Storebrand 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 Storebrand with respect to the benefits of owning Storebrand ASA security.