Independent Bank Group Price on December 12, 2024
| IBTXDelisted Stock | USD 60.67 0.18 0.30% |
If you're considering investing in Independent Stock, it is important to understand the factors that can impact its price. As of today, the current price of Independent Bank stands at 60.67, as last reported on the 6th of January, with the highest price reaching 61.32 and the lowest price hitting 59.76 during the day. At this stage we consider Independent Stock to be very steady. Independent Bank holds Efficiency (Sharpe) Ratio of 0.0604, which attests that the entity had a 0.0604% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Independent Bank, which you can use to evaluate the volatility of the firm. Please check out Independent Bank's Risk Adjusted Performance of 0.0519, market risk adjusted performance of 0.6758, and Downside Deviation of 1.95 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
Independent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Independent |
Sharpe Ratio = 0.0604
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Estimated Market Risk
| 2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Independent Bank is performing at about 4% 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 Independent Bank by adding it to a well-diversified portfolio.
Related Headline
HMN Financial Headline on 9th of October 2024
Disposition of 109464 shares by Hmn Financial Inc Employee S... by businesswire.com
Filed transaction by HMN Financial Other: Esop Trustee. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Independent Bank Valuation on December 12, 2024
It is possible to determine the worth of Independent Bank on a given historical date. On December 12, 2024 Independent was worth 67.69 at the beginning of the trading date compared to the closed value of 66.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Independent Bank stock. Still, in general, we apply an absolute valuation method to find Independent 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 Independent Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Independent Bank's related companies.
| Open | High | Low | Close | Volume | |
| 67.46 | 68.25 | 66.82 | 67.74 | 269,518 | |
12/12/2024 | 67.69 | 67.82 | 66.11 | 66.37 | 380,939 |
| 66.11 | 66.65 | 64.85 | 65.72 | 792,338 |
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Independent Bank Trading Date Momentum on December 12, 2024
| On December 13 2024 Independent Bank Group was traded for 65.72 at the closing time. The top price for the day was 66.65 and the lowest listed price was 64.85 . The trading volume for the day was 792.3 K. The trading history from December 13, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.98% . The trading delta at closing time against the current closing price is 9.42% . |
Independent Bank Fundamentals Correlations and Trends
By evaluating Independent 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 Independent Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Independent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Independent Bank Stock history
Independent 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 Independent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Independent 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 Independent Bank stock prices may prove useful in developing a viable investing in Independent Bank
Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides various commercial banking products and services to businesses, professionals, and individuals in the United States. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas. Independent Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1543 people.
Independent Bank Stock Technical Analysis
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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Independent Bank Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Independent Bank Group 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.
Independent Bank January 6, 2025 Market Strength
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 Group entry and exit signals to maximize returns
Independent Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Independent Bank's price direction in advance. Along with the technical and fundamental analysis of Independent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Independent 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 | 0.0519 | |||
| Jensen Alpha | 0.1308 | |||
| Total Risk Alpha | 0.094 | |||
| Sortino Ratio | 0.0619 | |||
| Treynor Ratio | 0.6658 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Independent Stock
If you are still planning to invest in Independent Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Independent Bank's history and understand the potential risks before investing.
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