Patriot National Technical Analysis

Patriot National Inc -- USA Stock  

USD 1.22  0.2  14.08%

Patriot National Inc holds Coefficient Of Variation of 735.32, Semi Deviation of 6.19 and Risk Adjusted Performance of 0.0411. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Patriot National as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for Patriot National Inc which can be compared to its competitors. Please check Patriot National Inc Jensen Alpha and Downside Variance to decide if Patriot National Inc is priced some-what accurately providing market reflects its current price of 1.22 per share. Given that Patriot National is a hitting penny stock territory we advise to closely look at its Total Risk Alpha.
Investment Horizon     30 Days    Login   to change

Patriot National Inc Trend Analysis

Use this graph to draw trend lines for Patriot National Inc. You can use it to identify possible trend reversals for Patriot National as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Patriot National price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Patriot National Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Patriot National Inc applied against its price change over selected period. The best fit line has a slop of 0.01 % which may indicate that the price for Patriot National Inc will continue to decline. It has 34 observation points and a regression sum of squares at 0.14, which is the sum of squared deviations for the predicted Patriot National price change compared to its average price change.

Current Sentiment - PN

Patriot National Inc Investor Sentiment
Larger part of Macroaxis users are at this time bullish on Patriot National Inc. What is your perspective on investing in Patriot National Inc? Are you bullish or bearish?
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98% Bullish
2% Bearish
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Patriot National Inc is regarded second in mean deviation category among related companies. It is considered to be number one stock in standard deviation category among related companies creating about  1.41  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Patriot National Inc is roughly  1.41