Pareto Bank (Norway) Market Value

PARB Stock  NOK 76.60  0.80  1.06%   
Pareto Bank's market value is the price at which a share of Pareto Bank trades on a public exchange. It measures the collective expectations of Pareto Bank ASA investors about its performance. Pareto Bank is selling for 76.60 as of the 16th of March 2025. This is a 1.06% up since the beginning of the trading day. The stock's lowest day price was 75.8.
With this module, you can estimate the performance of a buy and hold strategy of Pareto Bank ASA and determine expected loss or profit from investing in Pareto Bank over a given investment horizon. Check out Pareto Bank Correlation, Pareto Bank Volatility and Pareto Bank Alpha and Beta module to complement your research on Pareto Bank.
Symbol

Please note, there is a significant difference between Pareto Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pareto Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pareto Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
12/16/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/16/2025
0.00
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.

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.
Hype
Prediction
LowEstimatedHigh
75.4376.6077.77
Details
Intrinsic
Valuation
LowRealHigh
68.9487.2988.46
Details
Naive
Forecast
LowNextHigh
76.3077.4778.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
66.3972.8279.25
Details

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 Coefficient Of Variation of 497.51, risk adjusted performance of 0.1776, and Semi Deviation of 0.9094 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 Test0.16
Residual Average0.0
Price Variance1.16

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  

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Other 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.