Preferred Bank Stock Price on October 9, 2023
| PFBC Stock | USD 94.04 0.95 1.02% |
Below is the normalized historical share price chart for Preferred Bank extending back to May 04, 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 Preferred Bank stands at 94.04, as last reported on the 11th of December 2024, with the highest price reaching 94.94 and the lowest price hitting 93.76 during the day.
If you're considering investing in Preferred Stock, it is important to understand the factors that can impact its price. Preferred Bank appears to be very steady, given 3 months investment horizon. Preferred Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Preferred Bank, which you can use to evaluate the volatility of the company. Please evaluate Preferred Bank's Risk Adjusted Performance of 0.1101, coefficient of variation of 698.25, and Semi Deviation of 1.18 to confirm if our risk estimates are consistent with your expectations.
At present, Preferred Bank's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.03, whereas Common Stock Shares Outstanding is forecasted to decline to about 10.4 M. . At present, Preferred Bank's Price To Operating Cash Flows Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 10.90, whereas Price To Sales Ratio is forecasted to decline to 3.37. Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of April 1998 | 200 Day MA 79.8718 | 50 Day MA 88.1616 | Beta 0.943 |
Preferred |
Sharpe Ratio = 0.1554
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Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Preferred Bank is performing at about 12% 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 Preferred Bank by adding it to a well-diversified portfolio.
Price Book 1.6534 | Price Sales 4.7631 | Shares Float 12.2 M | Dividend Share 2.8 | Wall Street Target Price 95.375 |
Preferred Bank Valuation on October 9, 2023
It is possible to determine the worth of Preferred Bank on a given historical date. On October 9, 2023 Preferred was worth 60.6 at the beginning of the trading date compared to the closed value of 60.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Preferred Bank stock. Still, in general, we apply an absolute valuation method to find Preferred Bank's 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 Preferred Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Preferred Bank's related companies.
| Open | High | Low | Close | Volume | |
| 60.16 | 62.02 | 59.98 | 61.14 | 59,336 | |
10/09/2023 | 60.60 | 61.66 | 60.60 | 60.76 | 53,509 |
| 61.02 | 62.18 | 61.01 | 62.04 | 46,289 |
| Backtest Preferred Bank | | | Preferred Bank History | | | Preferred Bank Valuation | Previous | Next |
Preferred Bank Trading Date Momentum on October 9, 2023
| On October 10 2023 Preferred Bank was traded for 62.04 at the closing time. The top price for the day was 62.18 and the lowest listed price was 61.01 . The trading volume for the day was 46.3 K. The trading history from October 10, 2023 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 2.11% . The trading delta at closing time against the current closing price is 2.86% . |
Preferred Bank Fundamentals Correlations and Trends
By evaluating Preferred Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Preferred Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Preferred financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Preferred Bank Stock history
Preferred Bank 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 Preferred is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Preferred Bank 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 Preferred Bank stock prices may prove useful in developing a viable investing in Preferred Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.3 M | 10.4 M | |
| Net Income Applicable To Common Shares | 148.2 M | 155.6 M |
Preferred Bank Stock Technical Analysis
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.
Price Boundaries
Preferred Bank Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Preferred Bank cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Preferred Bank December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Preferred Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Preferred Bank shares will generate the highest return on investment. By undertsting and applying Preferred Bank stock market strength indicators, traders can identify Preferred Bank entry and exit signals to maximize returns
Preferred Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Preferred Bank's price direction in advance. Along with the technical and fundamental analysis of Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Preferred 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.
| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | 0.0548 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1156 | |||
| Treynor Ratio | 0.1404 |
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Complementary Tools for Preferred Stock analysis
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.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |