Preferred Bank Stock Technical Analysis

PFBC Stock  USD 76.89  0.05  0.07%   
As of the 25th of April, Preferred Bank holds the Coefficient Of Variation of 1262.11, risk adjusted performance of 0.0556, and Semi Deviation of 1.43. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Preferred Bank, as well as the relationship between them. Put it differently, 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 have analyzed nineteen technical drivers for Preferred Bank, which can be compared to its competitors. Please check Preferred Bank coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to decide if Preferred Bank is priced some-what accurately, providing market reflects its current price of 76.89 per share. Given that Preferred Bank has jensen alpha of 0.0148, we recommend you to check out Preferred Bank's recent market performance to make sure the company can sustain itself at a future point.

Preferred Bank Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Preferred, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Preferred
  
Preferred Bank's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Preferred Bank Analyst Consensus

Target PriceAdvice# of Analysts
71.5Buy5Odds
Preferred Bank current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Preferred analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Preferred stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Preferred Bank, talking to its executives and customers, or listening to Preferred conference calls.
Preferred Analyst Advice Details
Preferred Bank 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 Preferred Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Preferred Bank 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...

Preferred Bank Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was five with a total number of output elements of fifty-six. 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 Preferred Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Preferred Bank Trend Analysis

Use this graph to draw trend lines for Preferred Bank. You can use it to identify possible trend reversals for Preferred Bank 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 Preferred Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Preferred Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Preferred Bank applied against its price change over selected period. The best fit line has a slop of   0.10  , which means Preferred Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 395.51, which is the sum of squared deviations for the predicted Preferred Bank price change compared to its average price change.

About Preferred Bank Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Preferred Bank on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Preferred Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Preferred Bank price pattern first instead of the macroeconomic environment surrounding Preferred Bank. By analyzing Preferred Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Preferred Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Preferred Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02010.02310.03020.0255
Price To Sales Ratio5.514.282.143.3

Preferred Bank April 25, 2024 Technical Indicators

Most technical analysis of Preferred help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Preferred from various momentum indicators to cycle indicators. When you analyze Preferred charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Preferred Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preferred Bank's 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 Preferred Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preferred Bank Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preferred Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Preferred Stock refer to our How to Trade Preferred Stock guide.
Note that the Preferred Bank information on this page should be used as a complementary analysis to other Preferred Bank's 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Preferred Bank's price analysis, check to measure Preferred Bank's 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 Preferred Bank is operating at the current time. Most of Preferred Bank's value examination focuses on studying past and present price action to predict the probability of Preferred Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Preferred Bank's price. Additionally, you may evaluate how the addition of Preferred Bank to your portfolios can decrease your overall portfolio volatility.
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Is Preferred Bank's 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 Preferred Bank. If investors know Preferred 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 Preferred Bank 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
(0.04)
Dividend Share
2.35
Earnings Share
10.62
Revenue Per Share
20.324
Quarterly Revenue Growth
0.014
The market value of Preferred Bank is measured differently than its book value, which is the value of Preferred that is recorded on the company's balance sheet. Investors also form their own opinion of Preferred Bank's value that differs from its market value or its book value, called intrinsic value, which is Preferred Bank's 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 Preferred Bank's market value can be influenced by many factors that don't directly affect Preferred Bank's 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 Preferred Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preferred Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preferred Bank's 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.