Prosperity Bancshares Stock Market Value

PB Stock  USD 65.78  0.72  1.11%   
Prosperity Bancshares' market value is the price at which a share of Prosperity Bancshares trades on a public exchange. It measures the collective expectations of Prosperity Bancshares investors about its performance. Prosperity Bancshares is trading at 65.78 as of the 28th of March 2024, a 1.11 percent up since the beginning of the trading day. The stock's open price was 65.06.
With this module, you can estimate the performance of a buy and hold strategy of Prosperity Bancshares and determine expected loss or profit from investing in Prosperity Bancshares over a given investment horizon. Check out Prosperity Bancshares Correlation, Prosperity Bancshares Volatility and Prosperity Bancshares Alpha and Beta module to complement your research on Prosperity Bancshares.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.
Symbol

Prosperity Bancshares Price To Book Ratio

Is Prosperity Bancshares' industry 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 Prosperity Bancshares. If investors know Prosperity 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 Prosperity Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
2.21
Earnings Share
4.51
Revenue Per Share
11.745
Quarterly Revenue Growth
(0.07)
The market value of Prosperity Bancshares is measured differently than its book value, which is the value of Prosperity that is recorded on the company's balance sheet. Investors also form their own opinion of Prosperity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Prosperity Bancshares' 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 Prosperity Bancshares' market value can be influenced by many factors that don't directly affect Prosperity Bancshares' 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 Prosperity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prosperity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prosperity Bancshares' 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.

Prosperity Bancshares 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Prosperity Bancshares' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Prosperity Bancshares.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in Prosperity Bancshares on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding Prosperity Bancshares or generate 0.0% return on investment in Prosperity Bancshares over 720 days. Prosperity Bancshares is related to or competes with Middlefield Banc, Merchants Bancorp, Mercantile Bank, Macatawa Bank, Axos Financial, Byline Bancorp, and Deutsche Bank. Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products an... More

Prosperity Bancshares Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Prosperity Bancshares' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Prosperity Bancshares upside and downside potential and time the market with a certain degree of confidence.

Prosperity Bancshares Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Prosperity Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prosperity Bancshares' standard deviation. In reality, there are many statistical measures that can use Prosperity Bancshares historical prices to predict the future Prosperity Bancshares' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prosperity Bancshares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
64.2065.7867.36
Details
Intrinsic
Valuation
LowRealHigh
63.3264.9066.48
Details
Naive
Forecast
LowNextHigh
64.1865.7667.34
Details
16 Analysts
Consensus
LowTargetHigh
57.8563.5770.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Prosperity Bancshares. Your research has to be compared to or analyzed against Prosperity Bancshares' peers to derive any actionable benefits. When done correctly, Prosperity Bancshares' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Prosperity Bancshares.

Prosperity Bancshares Backtested Returns

Prosperity Bancshares maintains Sharpe Ratio (i.e., Efficiency) of -0.0128, which implies the firm had a -0.0128% return per unit of risk over the last 3 months. Prosperity Bancshares exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prosperity Bancshares' Variance of 2.39, coefficient of variation of (15,241), and Risk Adjusted Performance of 0.0028 to confirm the risk estimate we provide. The company holds a Beta of 1.49, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Prosperity Bancshares will likely underperform. Prosperity Bancshares has an expected return of -0.0202%. Please make sure to check Prosperity Bancshares skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Prosperity Bancshares performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.18  

Very weak predictability

Prosperity Bancshares has very weak predictability. Overlapping area represents the amount of predictability between Prosperity Bancshares time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Prosperity Bancshares price movement. The serial correlation of 0.18 indicates that over 18.0% of current Prosperity Bancshares price fluctuation can be explain by its past prices.
Correlation Coefficient0.18
Spearman Rank Test0.31
Residual Average0.0
Price Variance17.56

Prosperity Bancshares lagged returns against current returns

Autocorrelation, which is Prosperity Bancshares stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Prosperity Bancshares' stock expected returns. We can calculate the autocorrelation of Prosperity Bancshares returns to help us make a trade decision. For example, suppose you find that Prosperity Bancshares has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Prosperity Bancshares regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Prosperity Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prosperity Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prosperity Bancshares stock over time.
   Current vs Lagged Prices   
       Timeline  

Prosperity Bancshares Lagged Returns

When evaluating Prosperity Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prosperity Bancshares stock have on its future price. Prosperity Bancshares autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Prosperity Bancshares autocorrelation shows the relationship between Prosperity Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in Prosperity Bancshares.
   Regressed Prices   
       Timeline  

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When determining whether Prosperity Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prosperity Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prosperity Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prosperity Bancshares Stock:
Check out Prosperity Bancshares Correlation, Prosperity Bancshares Volatility and Prosperity Bancshares Alpha and Beta module to complement your research on Prosperity Bancshares.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.
Note that the Prosperity Bancshares information on this page should be used as a complementary analysis to other Prosperity Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Prosperity Bancshares' price analysis, check to measure Prosperity Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prosperity Bancshares is operating at the current time. Most of Prosperity Bancshares' value examination focuses on studying past and present price action to predict the probability of Prosperity Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosperity Bancshares' price. Additionally, you may evaluate how the addition of Prosperity Bancshares to your portfolios can decrease your overall portfolio volatility.
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Prosperity Bancshares technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Prosperity Bancshares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prosperity Bancshares trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...