Independent Bank Stock Price on November 12, 2024
| INDB Stock | USD 70.59 0.10 0.14% |
Below is the normalized historical share price chart for Independent Bank extending back to May 15, 1986. 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 Independent Bank stands at 70.59, as last reported on the 11th of December 2024, with the highest price reaching 72.20 and the lowest price hitting 70.13 during the day.
If you're considering investing in Independent Stock, it is important to understand the factors that can impact its price. Independent Bank appears to be very steady, given 3 months investment horizon. Independent Bank holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Independent Bank, which you can use to evaluate the volatility of the firm. Please utilize Independent Bank's Downside Deviation of 1.76, market risk adjusted performance of 0.1315, and Risk Adjusted Performance of 0.091 to validate if our risk estimates are consistent with your expectations.
At present, Independent Bank's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 3 B, whereas Common Stock is forecasted to decline to about 261.1 K. . At present, Independent Bank's Price Earnings Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.78, whereas Price To Sales Ratio is forecasted to decline to 2.66. Independent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of March 1990 | 200 Day MA 56.9607 | 50 Day MA 66.2322 | Beta 0.743 |
Independent |
Sharpe Ratio = 0.1264
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | INDB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.61 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Independent Bank is performing at about 9% 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.
Price Book 1.009 | Price Sales 4.5825 | Shares Float 42 M | Dividend Share 2.26 | Wall Street Target Price 74 |
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 November 12, 2024
It is possible to determine the worth of Independent Bank on a given historical date. On November 12, 2024 Independent was worth 73.8 at the beginning of the trading date compared to the closed value of 73.74. 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 | |
| 73.00 | 75.63 | 72.59 | 74.10 | 268,792 | |
11/12/2024 | 73.80 | 75.06 | 73.27 | 73.74 | 274,312 |
| 74.41 | 74.88 | 72.76 | 72.85 | 322,715 |
| Backtest Independent Bank | | | Independent Bank History | | | Independent Bank Valuation | Previous | Next |
Independent Bank Trading Date Momentum on November 12, 2024
| On November 13 2024 Independent Bank was traded for 72.85 at the closing time. The top price for the day was 74.88 and the lowest listed price was 72.76 . The trading volume for the day was 322.7 K. The trading history from November 13, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.21% . The trading delta at closing time against the current closing price is 1.51% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 44.2 M | 46.4 M | |
| Net Income Applicable To Common Shares | 303.4 M | 318.6 M |
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, stock market cycles, or different charting patterns.
Price Boundaries
Independent Bank Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Independent 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.
Independent Bank December 11, 2024 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 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 | 0.091 | |||
| Jensen Alpha | 0.0168 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0979 | |||
| Treynor Ratio | 0.1215 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary 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.
| Positions Ratings 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 | |
| Stocks Directory Find actively traded stocks across global markets | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |