Prosperity Bancshares Inc holds Coefficient Of Variation
of 2874.27, Semi Deviation
of 1.56 and Risk Adjusted Performance
of 0.0207. 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 71.05 per share. Given that Prosperity Bancshares has Jensen Alpha
of 0.051, we recommend you check out Prosperity Bancshares recent market performance to make sure the company can sustain itself at future point.
Prosperity Bancshares Trend Analysis
Use 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 Line
The 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 0.05 %
which may indicate that the price for Prosperity Bancshares Inc will continue to decline. It has 44 observation points and a regression sum of squares at 4.05, which is the sum of squared deviations for the predicted Prosperity Bancshares price change compared to its average price change.