Independent Bank Stock Price on December 20, 2024

INDB Stock  USD 66.03  0.01  0.02%   
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 66.03, as last reported on the 24th of December, with the highest price reaching 67.04 and the lowest price hitting 64.78 during the day.
IPO Date
27th of March 1990
200 Day MA
57.7637
50 Day MA
68.3086
Beta
0.743
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.0865, which attests that the entity had a 0.0865% 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 utilize Independent Bank's Market Risk Adjusted Performance of 0.3076, risk adjusted performance of 0.0469, and Downside Deviation of 2.06 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.

Sharpe Ratio = 0.0865

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Estimated Market Risk

 2.68
  actual daily
23
77% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Independent Bank is performing at about 6% 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
0.9458
Price Sales
4.2955
Shares Float
42 M
Dividend Share
2.26
Wall Street Target Price
77.75

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Independent Bank Valuation on December 20, 2024

It is possible to determine the worth of Independent Bank on a given historical date. On December 20, 2024 Independent was worth 64.78 at the beginning of the trading date compared to the closed value of 66.02. 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
  66.76    67.49    64.85    65.50    249,324  
12/20/2024
  64.78    67.04    64.78    66.02    607,528  
  66.02    67.04    64.78    66.03    0.00  
Backtest Independent Bank  |  Independent Bank History  |  Independent Bank Valuation   PreviousNext  
Open Value
64.78
66.02
Closing Value
72.82
Upside

Independent Bank Trading Date Momentum on December 20, 2024

On December 24 2024 Independent Bank was traded for  66.03  at the closing time. The top price for the day was 67.04  and the lowest listed price was  64.78 . There was no trading activity during the period 0.0. Lack of trading volume on December 24, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.02% . The trading delta at closing time against the current closing price is 0.00% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding44.2 M46.4 M
Net Income Applicable To Common Shares303.4 M318.6 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.
A focus of Independent Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Independent Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Independent Bank Period Price Range

Low
December 24, 2024
0.00  NaN%
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 24, 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.

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.
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