Prosperity Bancshares Stock Price on April 5, 2023

PB Stock  USD 83.73  0.44  0.52%   
Below is the normalized historical share price chart for Prosperity Bancshares extending back to November 12, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Prosperity Bancshares stands at 83.73, as last reported on the 1st of December, with the highest price reaching 84.77 and the lowest price hitting 83.26 during the day.
IPO Date
12th of November 1998
200 Day MA
67.6152
50 Day MA
75.7266
Beta
0.906
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Prosperity Stock, it is important to understand the factors that can impact its price. Prosperity Bancshares appears to be very steady, given 3 months investment horizon. Prosperity Bancshares maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Prosperity Bancshares, which you can use to evaluate the volatility of the company. Please evaluate Prosperity Bancshares' Semi Deviation of 1.01, coefficient of variation of 755.78, and Risk Adjusted Performance of 0.1067 to confirm if our risk estimates are consistent with your expectations.
  
At present, Prosperity Bancshares' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 40.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 53.3 M. . At present, Prosperity Bancshares' Price Earnings Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.56, whereas Price To Sales Ratio is forecasted to decline to 4.23. Prosperity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1395

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Estimated Market Risk

 1.74
  actual daily
15
85% of assets are more volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average Prosperity Bancshares is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Prosperity Bancshares by adding it to a well-diversified portfolio.
Price Book
1.0836
Price Sales
6.9775
Shares Float
91.2 M
Dividend Share
2.24
Wall Street Target Price
84.3333

Prosperity Bancshares Valuation on April 5, 2023

It is possible to determine the worth of Prosperity Bancshares on a given historical date. On April 5, 2023 Prosperity was worth 56.12 at the beginning of the trading date compared to the closed value of 56.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prosperity Bancshares stock. Still, in general, we apply an absolute valuation method to find Prosperity Bancshares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Prosperity Bancshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prosperity Bancshares' related companies.
 Open High Low Close Volume
  57.78    58.06    55.83    57.08    654,552  
04/05/2023
  56.12    57.06    55.96    56.90    517,272  
  56.70    57.54    56.57    57.40    804,402  
Backtest Prosperity Bancshares  |  Prosperity Bancshares History  |  Prosperity Bancshares Valuation   PreviousNext  
Open Value
56.12
56.9
Closing Value
61.33
Upside

Prosperity Bancshares Trading Date Momentum on April 5, 2023

On April 06 2023 Prosperity Bancshares was traded for  57.40  at the closing time. The highest price during the trading period was 57.54  and the lowest recorded bid was listed for  56.57 . The volume for the day was 804.4 K. This history from April 6, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.88% . The trading delta at closing time to the current price is 0.84% .

Prosperity Bancshares Fundamentals Correlations and Trends

By evaluating Prosperity Bancshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Prosperity Bancshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prosperity financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Prosperity Bancshares Stock history

Prosperity Bancshares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Prosperity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prosperity Bancshares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Prosperity Bancshares stock prices may prove useful in developing a viable investing in Prosperity Bancshares
Last ReportedProjected for Next Year
Common Stock Shares Outstanding92.9 M53.3 M
Net Income Applicable To Common Shares603.2 M633.4 M

Prosperity Bancshares Stock Technical Analysis

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...

Price Boundaries

Prosperity Bancshares Period Price Range

Low
December 1, 2024
0.00  NaN%
High

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Prosperity Bancshares cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Prosperity Bancshares December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Prosperity Bancshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prosperity Bancshares shares will generate the highest return on investment. By undertsting and applying Prosperity Bancshares stock market strength indicators, traders can identify Prosperity Bancshares entry and exit signals to maximize returns

Prosperity Bancshares Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Prosperity Bancshares' price direction in advance. Along with the technical and fundamental analysis of Prosperity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prosperity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Prosperity Stock analysis

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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