Prosperity Bancshares Inc holds Coefficient Of Variation of 584.84, Semi Deviation of 1.17 and Risk Adjusted Performance of 0.0793. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Prosperity Bancshares 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 Prosperity Bancshares which can be compared to its competitors. Please check Prosperity Bancshares Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Prosperity Bancshares is priced some-what accurately providing market reflects its current price of 75.54 per share. Given that Prosperity Bancshares has Jensen Alpha of 0.0504, we recommend you check out Prosperity Bancshares recent market performance to make sure the company can sustain itself at future point.
|Investment Horizon||30 Days Login to change|
Prosperity Bancshares Trend AnalysisUse this graph to draw trend lines for Prosperity Bancshares Inc. You can use it to identify possible trend reversals for Prosperity Bancshares 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 Prosperity Bancshares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Prosperity Bancshares Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Prosperity Bancshares Inc applied against its price change over selected period. The best fit line has a slop of 0.07 % which suggests that Prosperity Bancshares Inc will keep on generating value for investors. It has 44 observation points and a regression sum of squares at 8.07, which is the sum of squared deviations for the predicted Prosperity Bancshares price change compared to its average price change.
Prosperity Bancshares Inc is regarded second in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.28 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Prosperity Bancshares Inc is roughly 1.28