Patriot National Bancorp Stock Alpha and Beta Analysis
| PNBK Stock | USD 2.25 0.45 25.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Patriot National Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Patriot National over a specified time horizon. Remember, high Patriot National's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Patriot National's market risk premium analysis include:
Beta 2.09 | Alpha 0.4 | Risk 7.1 | Sharpe Ratio 0.0898 | Expected Return 0.64 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Patriot National Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Patriot National market risk premium is the additional return an investor will receive from holding Patriot National long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Patriot National. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Patriot National's performance over market.| α | 0.40 | β | 2.09 |
Patriot National expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Patriot National's Buy-and-hold return. Our buy-and-hold chart shows how Patriot National performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Patriot National Market Price Analysis
Market price analysis indicators help investors to evaluate how Patriot National stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patriot National shares will generate the highest return on investment. By understating and applying Patriot National stock market price indicators, traders can identify Patriot National position entry and exit signals to maximize returns.
Patriot National Return and Market Media
The median price of Patriot National for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 1.79 with a coefficient of variation of 8.63. The daily time series for the period is distributed with a sample standard deviation of 0.15, arithmetic mean of 1.77, and mean deviation of 0.12. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Pnbk Sponsor Llc of 325000 shares of Patriot National subject to Rule 16b-3 | 09/16/2024 |
2 | Patriot National Bancorps US795k Market Cap Fall Books Insider Losses | 10/09/2024 |
3 | Patriot National Bancorp Sees Stock Surge Amidst Banking Sector Volatility | 10/21/2024 |
4 | Old National Bancorp Non-GAAP EPS of 0.46 in-line, revenue of 485.86M beats by 3.66M | 10/22/2024 |
5 | Old National Bancorp Third Quarter 2024 Earnings Revenues Beat Expectations, EPS Lags | 10/23/2024 |
6 | Insiders Give Up US80k As Patriot National Bancorp Stock Drops To US1.59 | 10/31/2024 |
7 | Easterly Investment Partners LLC Has 3.95 Million Stock Position in Old National Bancorp | 11/08/2024 |
8 | Old National Bancorp Plans Quarterly Dividend of 0.44 | 11/15/2024 |
9 | Acquisition by Van Den Bol Emile of 3121 shares of Patriot National subject to Rule 16b-3 | 11/22/2024 |
10 | Old National Bancorp 19M share Spot Secondary priced at 21.00 ONB | 11/25/2024 |
11 | Old National Bancorp Earns Overweight Rating from Piper Sandler | 11/26/2024 |
About Patriot National Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Patriot or other stocks. Alpha measures the amount that position in Patriot National Bancorp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.013 | 0.0345 | 0.0311 | 0.0326 | Price To Sales Ratio | 2.08 | 1.14 | 0.56 | 0.53 |
Patriot National Upcoming Company Events
As portrayed in its financial statements, the presentation of Patriot National's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Patriot National's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Patriot National's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Patriot National. Please utilize our Beneish M Score to check the likelihood of Patriot National's management manipulating its earnings.
| 5th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Patriot National Backtesting, Patriot National Valuation, Patriot National Correlation, Patriot National Hype Analysis, Patriot National Volatility, Patriot National History and analyze Patriot National Performance. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Patriot National 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.