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Patriot Federal Bank NY (Patriot Federal Bank NY) Beta : N/A (As of Jun. 10, 2024)


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What is Patriot Federal Bank NY Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-10), Patriot Federal Bank NY's Beta is Not available.


Patriot Federal Bank NY Beta Historical Data

The historical data trend for Patriot Federal Bank NY's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Patriot Federal Bank NY Beta Chart

Patriot Federal Bank NY Annual Data
Trend
Beta

Patriot Federal Bank NY Quarterly Data
Mar07 Jun07 Sep07
Beta - - -

Competitive Comparison of Patriot Federal Bank NY's Beta

For the Banks - Regional subindustry, Patriot Federal Bank NY's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Patriot Federal Bank NY's Beta Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Patriot Federal Bank NY's Beta distribution charts can be found below:

* The bar in red indicates where Patriot Federal Bank NY's Beta falls into.



Patriot Federal Bank NY Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


Patriot Federal Bank NY  (OTCPK:PFDB) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


Patriot Federal Bank NY Beta Related Terms

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Patriot Federal Bank NY (Patriot Federal Bank NY) Business Description

Traded in Other Exchanges
N/A
Address
Patriot Federal Bank NY was established in December 2005. It offers a variety of products tailored to the people of the Mohawk Valley and surrounding areas. Patriot Federal Bank offers an array of personal checking account options. The Bank offers home equity loans and lines of credit at extremely competitive rates. Patriot Federal Bank also offers a variety of personal loans at highly competitive rates. The Bank's goal is to provide quality financial services in a personal, professional manner.

Patriot Federal Bank NY (Patriot Federal Bank NY) Headlines

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