Pareto Bank (Norway) Probability of Future Stock Price Finishing Under 65.04
| PARB Stock | NOK 64.80 0.20 0.31% |
Pareto |
Pareto Bank Target Price Odds to finish below 65.04
The tendency of Pareto Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under 65.04 after 90 days |
| 64.80 | 90 days | 65.04 | about 11.72 |
Based on a normal probability distribution, the odds of Pareto Bank to stay under 65.04 after 90 days from now is about 11.72 (This Pareto Bank ASA probability density function shows the probability of Pareto Stock to fall within a particular range of prices over 90 days) . Probability of Pareto Bank ASA price to stay between its current price of 64.80 and 65.04 at the end of the 90-day period is nearly 4.88 .
Assuming the 90 days trading horizon Pareto Bank ASA has a beta of -0.14 indicating as returns on the benchmark increase, returns on holding Pareto Bank are expected to decrease at a much lower rate. During a bear market, however, Pareto Bank ASA is likely to outperform the market. Additionally Pareto Bank ASA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Pareto Bank Price Density |
| Price |
Predictive Modules for Pareto Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pareto Bank ASA. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Pareto Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pareto Bank is not an exception. The market had few large corrections towards the Pareto Bank's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Pareto Bank ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pareto Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 0.83 | |
Ir | Information ratio | -0.14 |
Pareto Bank Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Pareto Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pareto Bank ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pareto Bank ASA generated a negative expected return over the last 90 days | |
| Pareto Bank ASA has accumulated about 970.75 M in cash with (975.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.27. | |
| Roughly 48.0% of the company outstanding shares are owned by corporate insiders |
Pareto Bank Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Pareto Stock often depends not only on the future outlook of the current and potential Pareto Bank's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Pareto Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 71.2 M | |
| Cash And Short Term Investments | 72 M |
Pareto Bank Technical Analysis
Pareto Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Pareto Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pareto Bank ASA. In general, you should focus on analyzing Pareto Stock price patterns and their correlations with different microeconomic environments and drivers.
Pareto Bank Predictive Forecast Models
Pareto Bank's time-series forecasting models is one of many Pareto Bank's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Pareto Bank's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Pareto Bank ASA
Checking the ongoing alerts about Pareto Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pareto Bank ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pareto Bank ASA generated a negative expected return over the last 90 days | |
| Pareto Bank ASA has accumulated about 970.75 M in cash with (975.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.27. | |
| Roughly 48.0% of the company outstanding shares are owned by corporate insiders |
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.