Independence Realty Trust Stock Price on March 2, 2024

IRT Stock  USD 20.37  0.01  0.05%   
Below is the normalized historical share price chart for Independence Realty Trust extending back to August 13, 2013. 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 Independence Realty stands at 20.37, as last reported on the 20th of December, with the highest price reaching 21.42 and the lowest price hitting 20.16 during the day.
IPO Date
13th of August 2013
200 Day MA
17.8247
50 Day MA
20.0806
Beta
1.158
 
Yuan Drop
 
Covid
If you're considering investing in Independence Stock, it is important to understand the factors that can impact its price. Independence Realty Trust holds Efficiency (Sharpe) Ratio of -0.0338, which attests that the entity had a -0.0338% return per unit of risk over the last 3 months. Independence Realty Trust exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Independence Realty's Risk Adjusted Performance of (0.01), market risk adjusted performance of (0.08), and Standard Deviation of 1.36 to validate the risk estimate we provide.
  
At this time, Independence Realty's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 2.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 53.2 M in 2024. . Price To Sales Ratio is likely to drop to 4.93 in 2024. Price Earnings Ratio is likely to gain to -189.35 in 2024. Independence Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0338

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Estimated Market Risk

 1.37
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Independence Realty is not performing at its full potential. However, 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 Independence Realty by adding Independence Realty to a well-diversified portfolio.
Price Book
1.3592
Enterprise Value Ebitda
22.887
Price Sales
7.2952
Shares Float
222.9 M
Dividend Share
0.64

Independence Realty Main Headline on 1st of March 2024

Filed transaction by Independence Realty Trust Officer: Chief Accounting Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Independence Realty Valuation on March 2, 2024

It is possible to determine the worth of Independence Realty on a given historical date. On March 2, 2024 Independence was worth 14.41 at the beginning of the trading date compared to the closed value of 15.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Independence Realty stock. Still, in general, we apply an absolute valuation method to find Independence Realty'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 Independence Realty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Independence Realty's related companies.
 Open High Low Close Volume
  14.45    14.51    14.16    14.25    1,587,089  
03/01/2024
  14.41    15.03    14.27    15.01    2,616,494  
  15.02    15.39    14.82    15.27    2,004,915  
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Open Value
14.41
15.01
Closing Value
18.51
Upside

Independence Realty Trading Date Momentum on March 2, 2024

On March 04 2024 Independence Realty Trust was traded for  15.27  at the closing time. Highest Independence Realty's price during the trading hours was 15.39  and the lowest price during the day was  14.82 . The net volume was 2 M. The overall trading history on the 4th of March contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 1.73% . The trading delta at closing time to current price is 4.86% .

Independence Realty Trust Fundamentals Correlations and Trends

By evaluating Independence Realty'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 Independence Realty's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Independence financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Independence Realty Stock history

Independence Realty 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 Independence is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Independence Realty Trust 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 Independence Realty stock prices may prove useful in developing a viable investing in Independence Realty
Last ReportedProjected for Next Year
Common Stock Shares Outstanding224.4 M235.6 M
Net Income Applicable To Common Shares134.8 M141.6 M

Independence Realty Stock Technical Analysis

Independence Realty 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 Independence Realty technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Independence Realty 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

Independence Realty Period Price Range

Low
December 20, 2024
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High

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Independence Realty December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Independence Realty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Independence Realty shares will generate the highest return on investment. By undertsting and applying Independence Realty stock market strength indicators, traders can identify Independence Realty Trust entry and exit signals to maximize returns

Independence Realty Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Independence Realty's price direction in advance. Along with the technical and fundamental analysis of Independence Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Independence 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.

Additional Tools for Independence Stock Analysis

When running Independence Realty's price analysis, check to measure Independence Realty'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 Independence Realty is operating at the current time. Most of Independence Realty's value examination focuses on studying past and present price action to predict the probability of Independence Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Realty's price. Additionally, you may evaluate how the addition of Independence Realty to your portfolios can decrease your overall portfolio volatility.