Indian lender PNB has 70 bln rupees exposure to Adani Group -MD
| PNBK Stock | USD 2.68 0.47 21.27% |
About 55% of Patriot National's institutional investors are presently thinking to get in. The current sentiment regarding investing in Patriot National Bancorp stock implies that some traders are interested. Patriot National's investing sentiment shows overall attitude of investors towards Patriot National Bancorp.
Patriot |
Indias Punjab National Bank has a total exposure of 70 billion rupees to Adani Group, but there is currently no worry pertaining to those accounts, the state-run lenders managing director and chief executive said on Monday.
Read at reuters.com
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Patriot National Fundamental Analysis
We analyze Patriot National's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patriot National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patriot National based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Patriot National is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Patriot National Bancorp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Patriot National stock to make a market-neutral strategy. Peer analysis of Patriot National could also be used in its relative valuation, which is a method of valuing Patriot National by comparing valuation metrics with similar companies.
Peers
Patriot National Related Equities
| FOTB | First Ottawa | 4.00 | ||||
| OPOF | Old Point | 2.61 | ||||
| FKYS | First Keystone | 1.98 | ||||
| BKOR | Oak Ridge | 1.22 | ||||
| MSWV | Main Street | 0.49 | ||||
| GVFF | Greenville Federal | 0.00 | ||||
| FBTT | First Bankers | 0.00 | ||||
| CCNB | Coastal Carolina | 0.09 | ||||
| FBIZ | First Business | 0.28 | ||||
| PKBK | Parke Bancorp | 0.58 | ||||
| CBTN | Citizens Bancorp | 1.73 |
Check out Patriot National Hype Analysis, Patriot National Correlation and Patriot National Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.