Pareto Bank (Norway) Market Value
| PARB Stock | NOK 76.60 0.80 1.06% |
| Symbol | Pareto |
Pareto Bank '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 Pareto Bank'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 Pareto Bank.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Pareto Bank on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Pareto Bank ASA or generate 0.0% return on investment in Pareto Bank over 90 days. Pareto Bank is related to or competes with Sparebank, Storebrand ASA, DnB ASA, Europris ASA, and Sparebanken Vest. Pareto Bank ASA provides various financial products and services in Norway More
Pareto Bank 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 Pareto Bank'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 Pareto Bank ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.2849 | |||
| Maximum Drawdown | 5.35 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 2.26 |
Pareto Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pareto Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pareto Bank's standard deviation. In reality, there are many statistical measures that can use Pareto Bank historical prices to predict the future Pareto Bank's volatility.| Risk Adjusted Performance | 0.1776 | |||
| Jensen Alpha | 0.2477 | |||
| Total Risk Alpha | 0.3753 | |||
| Sortino Ratio | 0.2801 | |||
| Treynor Ratio | 1.22 |
Pareto Bank ASA Backtested Returns
Pareto Bank appears to be very steady, given 3 months investment horizon. Pareto Bank ASA maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Pareto Bank ASA, which you can use to evaluate the volatility of the company. Please evaluate Pareto Bank's Semi Deviation of 0.9094, risk adjusted performance of 0.1776, and Coefficient Of Variation of 497.51 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pareto Bank holds a performance score of 16. The company holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pareto Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pareto Bank is expected to be smaller as well. Please check Pareto Bank's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Pareto Bank's historical price patterns will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
Pareto Bank ASA has very weak reverse predictability. Overlapping area represents the amount of predictability between Pareto Bank time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Pareto Bank ASA price movement. The serial correlation of -0.01 indicates that just 1.0% of current Pareto Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 1.16 |
Pareto Bank ASA lagged returns against current returns
Autocorrelation, which is Pareto Bank 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 Pareto Bank's stock expected returns. We can calculate the autocorrelation of Pareto Bank returns to help us make a trade decision. For example, suppose you find that Pareto Bank 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 |
Pareto Bank 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 Pareto Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pareto Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pareto Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Pareto Bank Lagged Returns
When evaluating Pareto Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pareto Bank stock have on its future price. Pareto Bank 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, Pareto Bank autocorrelation shows the relationship between Pareto Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Pareto Bank ASA.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Pareto Stock
Pareto Bank financial ratios help investors to determine whether Pareto 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 Pareto with respect to the benefits of owning Pareto Bank security.