Prosperity Bancshares holds Coefficient Of Variation of (942.32) and Risk Adjusted Performance of (0.14). 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 BancsharesVariance, 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 66.09 per share. Given that Prosperity Bancshares has Jensen Alpha of (0.11), we recommend you check out Prosperity Bancshares recent market performance to make sure the company can sustain itself at future point.
The output start index for this execution was thirty with a total number of output elements of nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Prosperity Bancshares volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Prosperity Bancshares Trend Analysis
Use this graph to draw trend lines for Prosperity Bancshares. 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 applied against its price change over selected period. The best fit line has a slop of 0.11 % which suggests that Prosperity Bancshares will keep on generating value for investors. It has 78 observation points and a regression sum of squares at 126.57, which is the sum of squared deviations for the predicted Prosperity Bancshares price change compared to its average price change.
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