Independent Bank Stock Alpha and Beta Analysis
| INDB Stock | USD 72.39 0.60 0.82% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Independent Bank. It also helps investors analyze the systematic and unsystematic risks associated with investing in Independent Bank over a specified time horizon. Remember, high Independent Bank's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Independent Bank's market risk premium analysis include:
Beta 2.16 | Alpha (0.03) | Risk 2.59 | Sharpe Ratio 0.11 | Expected Return 0.28 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Independent |
Independent Bank Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Independent Bank market risk premium is the additional return an investor will receive from holding Independent Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Independent Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Independent Bank's performance over market.| α | -0.03 | β | 2.16 |
Independent Bank expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Independent Bank's Buy-and-hold return. Our buy-and-hold chart shows how Independent Bank performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Independent Bank Market Price Analysis
Market price analysis 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 understating and applying Independent Bank stock market price indicators, traders can identify Independent Bank position entry and exit signals to maximize returns.
Independent Bank Return and Market Media
The median price of Independent Bank for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 62.17 with a coefficient of variation of 8.81. The daily time series for the period is distributed with a sample standard deviation of 5.61, arithmetic mean of 63.72, and mean deviation of 4.62. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Earnings are growing at Independent Bank but shareholders still dont like its prospects | 10/02/2024 |
| Independent Bank dividend paid on 4th of October 2024 | 10/04/2024 |
2 | Independent Bank Corp Trading Down 3.68 percent on Oct 18 | 10/18/2024 |
3 | Independent Bank Price Target Raised to 65.00 at Keefe, Bruyette Woods | 10/21/2024 |
4 | Independent Bank Corp Q3 2024 Earnings Report Preview What To Look For | 10/23/2024 |
5 | Independent Bank GAAP EPS of 0.65 misses by 0.11, revenue of 51.36M beats by 8.95M | 10/24/2024 |
6 | Independent Bank Corporation Passed Our Checks, And Its About To Pay A US0.24 Dividend | 11/01/2024 |
7 | Independent Bank Third Quarter 2024 Earnings Misses Expectations | 11/08/2024 |
8 | Independent bank corps executive VP Mohr buys 29,368 in stock | 11/21/2024 |
9 | Have Independent Bank Insiders Been Selling Stock | 11/27/2024 |
About Independent Bank Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Independent or other stocks. Alpha measures the amount that position in Independent Bank has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0221 | 0.0239 | 0.0337 | Price To Sales Ratio | 5.6 | 5.38 | 3.65 |
Independent Bank Upcoming Company Events
As portrayed in its financial statements, the presentation of Independent Bank's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Independent Bank's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Independent Bank's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Independent Bank. Please utilize our Beneish M Score to check the likelihood of Independent Bank's management manipulating its earnings.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 16th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with Independent Bank
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Independent Bank Backtesting, Independent Bank Valuation, Independent Bank Correlation, Independent Bank Hype Analysis, Independent Bank Volatility, Independent Bank History and analyze Independent Bank Performance. For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Independent 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.