Pareto Bank (Norway) Price on December 16, 2024
| PARB Stock | NOK 66.00 0.30 0.46% |
If you're considering investing in Pareto Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pareto Bank stands at 66.00, as last reported on the 16th of December 2024, with the highest price reaching 66.00 and the lowest price hitting 64.80 during the day. As of now, Pareto Stock is very steady. Pareto Bank ASA maintains Sharpe Ratio (i.e., Efficiency) of 0.0117, which implies the firm had a 0.0117% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pareto Bank ASA, which you can use to evaluate the volatility of the company. Please check Pareto Bank's Coefficient Of Variation of 5031.21, risk adjusted performance of 0.018, and Semi Deviation of 1.08 to confirm if the risk estimate we provide is consistent with the expected return of 0.0132%.
Pareto Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pareto |
Sharpe Ratio = 0.0117
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| Negative Returns | PARB |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pareto Bank is not performing at its full potential. However, 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 Pareto Bank by adding Pareto Bank to a well-diversified portfolio.
Pareto Bank Valuation on December 16, 2024
It is possible to determine the worth of Pareto Bank on a given historical date. On December 16, 2024 Pareto was worth 66.0 at the beginning of the trading date compared to the closed value of 66.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pareto Bank stock. Still, in general, we apply an absolute valuation method to find Pareto Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pareto Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pareto Bank's related companies.
| Open | High | Low | Close | Volume | |
| 66.20 | 66.20 | 65.30 | 65.70 | 51,117 | |
12/16/2024 | 66.00 | 66.00 | 64.80 | 66.00 | 18,147 |
| Backtest Pareto Bank | | | Pareto Bank History | | | Pareto Bank Valuation | Previous |
Pareto Bank Trading Date Momentum on December 16, 2024
| On December 16 2024 Pareto Bank ASA was traded for 66.00 at the closing time. The highest price during the trading period was 66.00 and the lowest recorded bid was listed for 64.80 . The volume for the day was 18.1 K. This history from December 16, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Pareto Bank ASA Fundamentals Correlations and Trends
By evaluating Pareto Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pareto Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pareto financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pareto Bank Stock history
Pareto Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pareto is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pareto Bank ASA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pareto Bank stock prices may prove useful in developing a viable investing in Pareto Bank
Pareto Bank ASA provides various financial products and services in Norway. The company was incorporated in 2007 and is based in Oslo, Norway. PARETO BANK operates under Financial Services classification in Norway and is traded on Oslo Stock Exchange.
Pareto Bank Stock Technical Analysis
Pareto Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Pareto Bank Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Pareto Bank ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Pareto Bank December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Pareto Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pareto Bank shares will generate the highest return on investment. By undertsting and applying Pareto Bank stock market strength indicators, traders can identify Pareto Bank ASA entry and exit signals to maximize returns
Pareto Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pareto Bank's price direction in advance. Along with the technical and fundamental analysis of Pareto Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pareto to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.018 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0288 |
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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.