Independent Bank Stock Forecast - Naive Prediction

IBCP Stock  USD 33.98  0.64  1.92%   
The Naive Prediction forecasted value of Independent Bank on the next trading day is expected to be 33.60 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 25.66. Independent Stock Forecast is based on your current time horizon. Although Independent Bank's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Independent Bank's systematic risk associated with finding meaningful patterns of Independent Bank fundamentals over time.
  
As of 03/01/2025, Asset Turnover is likely to grow to 0.06, while Receivables Turnover is likely to drop 1.73. . As of 03/01/2025, Common Stock Shares Outstanding is likely to drop to about 12.5 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 36.9 M.

Open Interest Against 2025-05-16 Independent Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Independent Bank's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Independent Bank's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Independent Bank stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Independent Bank's open interest, investors have to compare it to Independent Bank's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Independent Bank is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Independent. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

Independent Bank Cash Forecast

Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Independent Bank's financial statements to estimate their effects on upcoming price movements.
 
Cash  
First Reported
1989-06-30
Previous Quarter
214.3 M
Current Value
121.6 M
Quarterly Volatility
97.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Independent Bank is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Independent Bank value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Independent Bank Naive Prediction Price Forecast For the 2nd of March

Given 90 days horizon, the Naive Prediction forecasted value of Independent Bank on the next trading day is expected to be 33.60 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.27, and the sum of the absolute errors of 25.66.
Please note that although there have been many attempts to predict Independent Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Independent Bank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Independent Bank Stock Forecast Pattern

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Independent Bank Forecasted Value

In the context of forecasting Independent Bank's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Independent Bank's downside and upside margins for the forecasting period are 32.01 and 35.18, respectively. We have considered Independent Bank's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
33.98
33.60
Expected Value
35.18
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Independent Bank stock data series using in forecasting. Note that when a statistical model is used to represent Independent Bank stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria118.6347
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4138
MAPEMean absolute percentage error0.0118
SAESum of the absolute errors25.6574
This model is not at all useful as a medium-long range forecasting tool of Independent Bank. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Independent Bank. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Independent Bank

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Independent Bank. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Independent Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
32.3833.9735.56
Details
Intrinsic
Valuation
LowRealHigh
30.5836.1037.69
Details
5 Analysts
Consensus
LowTargetHigh
34.2237.6041.74
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.690.700.72
Details

Other Forecasting Options for Independent Bank

For every potential investor in Independent, whether a beginner or expert, Independent Bank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Independent Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Independent. Basic forecasting techniques help filter out the noise by identifying Independent Bank's price trends.

Independent Bank Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Independent Bank stock to make a market-neutral strategy. Peer analysis of Independent Bank could also be used in its relative valuation, which is a method of valuing Independent Bank by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Independent Bank Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Independent Bank's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Independent Bank's current price.

Independent Bank Market Strength Events

Market strength indicators help investors to evaluate how Independent 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 Independent Bank shares will generate the highest return on investment. By undertsting and applying Independent Bank stock market strength indicators, traders can identify Independent Bank entry and exit signals to maximize returns.

Independent Bank Risk Indicators

The analysis of Independent Bank's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Independent Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting independent stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Additional Tools for Independent Stock Analysis

When running Independent Bank's price analysis, check to measure Independent 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 Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent 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 Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.