Preferred Bank Stock Price on October 17, 2023
| PFBC Stock | USD 94.64 0.31 0.33% |
If you're considering investing in Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Preferred Bank stands at 94.64, as last reported on the 3rd of December, with the highest price reaching 95.43 and the lowest price hitting 93.20 during the day. Preferred Bank appears to be very steady, given 3 months investment horizon. Preferred Bank 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 twenty-nine technical indicators for Preferred Bank, which you can use to evaluate the volatility of the company. Please evaluate Preferred Bank's Coefficient Of Variation of 728.74, semi deviation of 1.24, and Risk Adjusted Performance of 0.1113 to confirm if our risk estimates are consistent with your expectations.
Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Preferred |
Sharpe Ratio = 0.1372
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Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Preferred Bank 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 Preferred Bank by adding it to a well-diversified portfolio.
Preferred Bank Valuation on October 17, 2023
It is possible to determine the worth of Preferred Bank on a given historical date. On October 17, 2023 Preferred was worth 59.81 at the beginning of the trading date compared to the closed value of 61.42. 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 | |
| 60.76 | 61.19 | 59.76 | 60.10 | 40,136 | |
10/17/2023 | 59.81 | 62.35 | 59.81 | 61.42 | 82,977 |
| 61.62 | 61.62 | 57.73 | 58.68 | 98,662 |
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Preferred Bank Trading Date Momentum on October 17, 2023
| On October 18 2023 Preferred Bank was traded for 58.68 at the closing time. The top price for the day was 61.62 and the lowest listed price was 57.73 . The trading volume for the day was 98.7 K. The trading history from October 18, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.46% . The trading delta at closing time against the current closing price is 2.38% . |
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
Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals in the United States. The company was incorporated in 1991 and is headquartered in Los Angeles, California. Preferred Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 279 people.
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 3, 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 3, 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 | 0.1113 | |||
| Jensen Alpha | 0.3065 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1053 | |||
| Treynor Ratio | (1.91) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
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.
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