Independent Bank Stock Market Value
| IBCP Stock | USD 33.27 0.27 0.81% |
| Symbol | Independent |
Independent Bank Price To Book Ratio
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.339 | Dividend Share 0.96 | Earnings Share 3.14 | Revenue Per Share | Quarterly Revenue Growth 0.199 |
The market value of Independent Bank is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Bank's market value can be influenced by many factors that don't directly affect Independent Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Independent Bank 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Independent Bank's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Independent Bank.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Independent Bank on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Independent Bank or generate 0.0% return on investment in Independent Bank over 30 days. Independent Bank is related to or competes with First Northwest, Community West, First Financial, Great Southern, Home Bancorp, Heritage Financial, and HomeTrust Bancshares. Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking ser... More
Independent Bank Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Independent Bank's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Independent Bank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 7.02 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 2.18 |
Independent Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Independent Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Independent Bank's standard deviation. In reality, there are many statistical measures that can use Independent Bank historical prices to predict the future Independent Bank's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Independent Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Independent Bank Backtested Returns
Independent Bank holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % return per unit of risk over the last 3 months. Independent Bank exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Independent Bank's Market Risk Adjusted Performance of (0.14), standard deviation of 1.56, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.04, which attests to a somewhat significant risk relative to the market. Independent Bank returns are very sensitive to returns on the market. As the market goes up or down, Independent Bank is expected to follow. At this point, Independent Bank has a negative expected return of -0.18%. Please make sure to check out Independent Bank's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Independent Bank performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Independent Bank has good reverse predictability. Overlapping area represents the amount of predictability between Independent Bank time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Independent Bank price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Independent Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
Independent Bank lagged returns against current returns
Autocorrelation, which is Independent Bank stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Independent Bank's stock expected returns. We can calculate the autocorrelation of Independent Bank returns to help us make a trade decision. For example, suppose you find that Independent Bank has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Independent Bank regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Independent Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Independent Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Independent Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Independent Bank Lagged Returns
When evaluating Independent Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Independent Bank stock have on its future price. Independent Bank autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Independent Bank autocorrelation shows the relationship between Independent Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Independent Bank.
Regressed Prices |
| Timeline |
Additional 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.