Patriot National Bancorp Stock Price on May 1, 2023
| PNBK Stock | USD 2.68 0.47 21.27% |
If you're considering investing in Patriot Stock, it is important to understand the factors that can impact its price. As of today, the current price of Patriot National stands at 2.68, as last reported on the 11th of December 2024, with the highest price reaching 3.11 and the lowest price hitting 2.09 during the day. Patriot National appears to be extremely dangerous, given 3 months investment horizon. Patriot National Bancorp maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Patriot National's technical indicators, you can evaluate if the expected return of 0.95% is justified by implied risk. Please evaluate Patriot National's Coefficient Of Variation of 877.67, semi deviation of 5.67, and Risk Adjusted Performance of 0.0914 to confirm if our risk estimates are consistent with your expectations.
Patriot Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Patriot |
Sharpe Ratio = 0.1139
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PNBK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.31 actual daily | 73 73% of assets are less volatile |
Expected Return
| 0.95 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Patriot National is performing at about 8% of its full potential. 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 Patriot National by adding it to a well-diversified portfolio.
Patriot National Valuation on May 1, 2023
It is possible to determine the worth of Patriot National on a given historical date. On May 1, 2023 Patriot was worth 8.51 at the beginning of the trading date compared to the closed value of 8.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Patriot National stock. Still, in general, we apply an absolute valuation method to find Patriot National'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 Patriot National where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Patriot National's related companies.
| Open | High | Low | Close | Volume | |
| 8.77 | 8.95 | 8.41 | 8.75 | 775.00 | |
05/01/2023 | 8.51 | 8.60 | 8.12 | 8.12 | 1,330 |
| 8.87 | 8.87 | 8.05 | 8.05 | 3,567 |
| Backtest Patriot National | | | Patriot National History | | | Patriot National Valuation | Previous | Next |
Patriot National Trading Date Momentum on May 1, 2023
| On May 02 2023 Patriot National Bancorp was traded for 8.05 at the closing time. The top price for the day was 8.87 and the lowest listed price was 8.05 . The trading volume for the day was 3.6 K. The trading history from May 2, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.86% . The trading delta at closing time against the current closing price is 5.42% . |
Patriot National Bancorp Fundamentals Correlations and Trends
By evaluating Patriot National'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 Patriot National's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Patriot financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Patriot National Stock history
Patriot National 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 Patriot is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Patriot National Bancorp 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 Patriot National stock prices may prove useful in developing a viable investing in Patriot National
Patriot National Bancorp, Inc. operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company was founded in 1994 and is headquartered in Stamford, Connecticut. Patriot Natl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 128 people.
Patriot National Stock Technical Analysis
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.
Price Boundaries
Patriot National Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Patriot National Bancorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Patriot National December 11, 2024 Market Strength
Market strength 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 undertsting and applying Patriot National stock market strength indicators, traders can identify Patriot National Bancorp entry and exit signals to maximize returns
Patriot National Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Patriot National's price direction in advance. Along with the technical and fundamental analysis of Patriot Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Patriot 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 | 0.0914 | |||
| Jensen Alpha | 0.7988 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.1326 | |||
| Treynor Ratio | 0.7773 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patriot National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Banking space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patriot National. If investors know Patriot will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patriot National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Patriot National Bancorp is measured differently than its book value, which is the value of Patriot that is recorded on the company's balance sheet. Investors also form their own opinion of Patriot National's value that differs from its market value or its book value, called intrinsic value, which is Patriot National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patriot National's market value can be influenced by many factors that don't directly affect Patriot National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patriot National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patriot National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patriot National'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.