Old National Bancorp DP 140 NC PPF A goes ex dividend tomorrow
| PNBK Stock | USD 1.27 0.04 3.05% |
About 62% of Patriot National's investor base is looking to short. The analysis of overall sentiment of trading Patriot National Bancorp stock suggests that many investors are alarmed at this time. Patriot National's investing sentiment shows overall attitude of investors towards Patriot National Bancorp.
Patriot |
Stay updated on Old National Bancorps dividend declaration of 0.4375share quarterly, payable on Nov. 20 for shareholders of record on Nov.
Read at seekingalpha.com
 |
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.
Net Asset
Net Asset Comparative Analysis
Patriot National is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
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 | 6.90 | ||||
| FBTT | First Bankers | 3.06 | ||||
| CCNB | Coastal Carolina | 1.11 | ||||
| OPOF | Old Point | 0.78 | ||||
| FKYS | First Keystone | 0.75 | ||||
| BKOR | Oak Ridge | 0.57 | ||||
| MSWV | Main Street | 0.29 | ||||
| GVFF | Greenville Federal | 0.00 | ||||
| FBIZ | First Business | 0.15 | ||||
| PKBK | Parke Bancorp | 0.15 | ||||
| CBTN | Citizens Bancorp | 3.23 |
Check out Patriot National Hype Analysis, Patriot National Correlation and Patriot National Performance. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from 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.
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.