Patriot National Backtesting

Patriot National Inc -- USA Stock  

USD 0.36  0.00  0.00%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Patriot National Inc and determine expected loss or profit from investing in Patriot National over given investment horizon. Additionally take a look at Patriot National Hype Analysis, Patriot National Correlation, Patriot National Valuation, Patriot National Volatility as well as analyze Patriot National Alpha and Beta and Patriot National Performance
 Time Horizon     30 Days    Login   to change

Patriot National 'What if' Analysis

February 20, 2018
No Change 0.00  0.0%
In 30 days
March 22, 2018
If you would invest  0.00  in Patriot National on February 20, 2018 and sell it all today you would earn a total of 0.00 from holding Patriot National Inc or generate 0.0% return on investment in Patriot National over 30 days. Patriot National is related to or competes with Loews, Alleghany, Chubb Limited, Cigna, OneBeacon Insurance, and . Patriot National, Inc., together with its subsidiaries, offer technologyenabled outsourcing solutions within the workers compensation marketplace for insurance carriers, local governments, reinsurance captives, and other employers in the United States.

Patriot National Upside/Downside Indicators


Patriot National Market Premium Indicators

Patriot National Inc lagged returns against current returns

 Current and Lagged Values 

Patriot National regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Patriot National Inc Backtested Returns

Our philosophy towards forecasting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Patriot National Inc which you can use to evaluate future volatility of the company. Please check Patriot National Inc to confirm if risk estimate we provide are consistent with the epected return of 0.0%. Patriot National has performance score of 0 on a scale of 0 to 100. The organization holds Beta of 0.0 which implies the returns on MARKET and Patriot National are completely uncorrelated. Although it is extremely important to respect Patriot National Inc current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Patriot National Inc technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Patriot National Inc right now holds a risk of 0.0%. Please check Patriot National Inc Jensen Alpha and Downside Variance to decide if Patriot National Inc will be following its historical price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 

No correlation between past and present

Patriot National Inc has no correlation between past and present. Overlapping area represents the amount of predictability between Patriot National time series from February 20, 2018 to March 7, 2018 and March 7, 2018 to March 22, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Patriot National Inc price movement. The serial correlation of 0.0 indicates that just 0.0% of current Patriot National price fluctuation can be explain by its past prices.
Spearman Rank Test 1.0
Average Price 0.36
Lagged Average Price 0.36

Patriot National Lagged Returns

 Regressed Prices 

Patriot National Performance vs DOW

The median price of Patriot National for the period between Tue, Feb 20, 2018 and Thu, Mar 22, 2018 is 0.0 with a coefficient of variation of 188.73. The daily time series for the period is distributed with a sample standard deviation of 0.15, arithmetic mean of 0.08, and mean deviation of 0.13. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)