Patriot National Bancorp Stock Price Prediction
| PNBK Stock | USD 2.25 0.45 25.00% |
Oversold Vs Overbought
52
Oversold | Overbought |
Quarterly Earnings Growth (0.48) | Wall Street Target Price 24 | Quarterly Revenue Growth (0.45) |
Using Patriot National hype-based prediction, you can estimate the value of Patriot National Bancorp from the perspective of Patriot National response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Patriot National to buy its stock at a price that has no basis in reality. In that case, they are not buying Patriot because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Patriot National after-hype prediction price | USD 2.22 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Patriot |
Patriot National After-Hype Price Prediction Density Analysis
As far as predicting the price of Patriot National at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Patriot National or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Patriot National, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Patriot National Estimiated After-Hype Price Volatility
In the context of predicting Patriot National's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Patriot National's historical news coverage. Patriot National's after-hype downside and upside margins for the prediction period are 0.11 and 9.38, respectively. We have considered Patriot National's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Patriot National is extremely dangerous at this time. Analysis and calculation of next after-hype price of Patriot National Bancorp is based on 3 months time horizon.
Patriot National Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Patriot National is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Patriot National backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Patriot National, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.64 | 7.10 | 0.03 | 0.01 | 9 Events / Month | 4 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2.25 | 2.22 | 1.33 |
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Patriot National Hype Timeline
Patriot National Bancorp is at this time traded for 2.25. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of -0.01. Patriot is forecasted to decline in value after the next headline, with the price expected to drop to 2.22. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -1.33%, whereas the daily expected return is at this time at 0.64%. The volatility of related hype on Patriot National is about 43217.39%, with the expected price after the next announcement by competition of 2.24. About 56.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Patriot National Bancorp recorded a loss per share of 7.4. The entity last dividend was issued on the 6th of December 2019. The firm had 1:10 split on the 4th of March 2015. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days. Check out Patriot National Basic Forecasting Models to cross-verify your projections.Patriot National Related Hype Analysis
Having access to credible news sources related to Patriot National's direct competition is more important than ever and may enhance your ability to predict Patriot National's future price movements. Getting to know how Patriot National's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Patriot National may potentially react to the hype associated with one of its peers.
Patriot National Additional Predictive Modules
Most predictive techniques to examine Patriot price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Patriot using various technical indicators. When you analyze Patriot charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Patriot National Predictive Indicators
The successful prediction of Patriot National stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Patriot National Bancorp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Patriot National based on analysis of Patriot National hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Patriot National's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Patriot National's related companies. | 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 |
Story Coverage note for Patriot National
The number of cover stories for Patriot National depends on current market conditions and Patriot National's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Patriot National is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Patriot National's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Patriot National Short Properties
Patriot National's future price predictability will typically decrease when Patriot National's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Patriot National Bancorp often depends not only on the future outlook of the potential Patriot National'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. Patriot National's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4 M | |
| Cash And Short Term Investments | 52.5 M |
Check out Patriot National Basic Forecasting Models to cross-verify your projections. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Regional Banks 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.
Quarterly Earnings Growth (0.48) | Earnings Share (7.40) | Revenue Per Share 6.099 | Quarterly Revenue Growth (0.45) | Return On Assets (0.01) |
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.