Patriot National Backtesting

Patriot National Inc -- USA Stock  

USD 1.43  0.01  0.7%

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
Investment Horizon     30 Days    Login   to change

Patriot National 'What if' Analysis

September 17, 2017
No Change 0.00  0.0%
In 31 days
October 17, 2017
If you would invest  0.00  in Patriot National on September 17, 2017 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, and . Patriot National Inc offers frontend services including general agency services specialty underwriting and policyholder ...

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

Patriot National is extremely volatile given 1 month investment horizon. Patriot National Inc maintains Sharpe Ratio (i.e. Efficiency) of 0.1403 which implies Patriot National Inc had 0.1403% of return per unit of risk over the last 1 month. Our philosophy towards forecasting risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.0675% are justified by taking the suggested risk. Use Patriot National Coefficient Of Variation of 712.99, Semi Deviation of 6.19 and Risk Adjusted Performance of 0.0418 to evaluate company specific risk that cannot be diversified away. Patriot National holds performance score of 9 on a scale of zero to a hundred. The organization holds Beta of -4.8795 which implies as returns on market increase, returns on owning Patriot National are expected to decrease by larger amounts. On the other hand, during market turmoil, Patriot National is expected to significantly outperform it.. Although it is vital to follow to Patriot National Inc current trending patternss, it is good to be conservative about what you can actually do with the information regarding equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Patriot National Inc expected return of 1.0675 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use Patriot National Jensen Alpha and Downside Variance to analyze future returns on Patriot National.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.26) 

Weak reverse predictability

Patriot National Inc has weak reverse predictability. Overlapping area represents the amount of predictability between Patriot National time series from September 17, 2017 to October 2, 2017 and October 2, 2017 to October 17, 2017. 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 -0.26 indicates that nearly 26.0% of current Patriot National price fluctuation can be explain by its past prices. Given that Patriot National Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Patriot National for similar time interval.
Correlation Coefficient -0.26
Spearman Rank Test 0.08
Price Variance 0.02
Average Price 1.1

Patriot National Lagged Returns

 Regressed Prices 

Patriot National Performance vs DOW

The median price of Patriot National for the period between Sun, Sep 17, 2017 and Tue, Oct 17, 2017 is 1.22 with a coefficient of variation of 11.99. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 1.2, and mean deviation of 0.12. The Stock received some media coverage during the period.
Price Growth (%)  
Patriot National deal keeps it on New York Stock Exchange th...10/17/2017