First Internet Bancorp Stock Market Value
| INBK Stock | USD 41.03 0.69 1.65% |
| Symbol | First |
First Internet Bancorp 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 First Internet. If investors know First 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 First Internet 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 1.052 | Dividend Share 0.24 | Earnings Share 2.52 | Revenue Per Share 12.546 | Quarterly Revenue Growth 0.331 |
The market value of First Internet Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Internet's value that differs from its market value or its book value, called intrinsic value, which is First Internet'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 First Internet's market value can be influenced by many factors that don't directly affect First Internet'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 First Internet's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Internet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Internet'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.
First Internet '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 First Internet'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 First Internet.
| 12/10/2023 |
| 12/04/2024 |
If you would invest 0.00 in First Internet on December 10, 2023 and sell it all today you would earn a total of 0.00 from holding First Internet Bancorp or generate 0.0% return on investment in First Internet over 360 days. First Internet is related to or competes with First Capital, Finward Bancorp, Community West, QCR Holdings, First Financial, First Community, and First Northwest. First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial ... More
First Internet 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 First Internet'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 First Internet Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.6 | |||
| Information Ratio | 0.0382 | |||
| Maximum Drawdown | 21.32 | |||
| Value At Risk | (4.33) | |||
| Potential Upside | 4.26 |
First Internet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Internet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Internet's standard deviation. In reality, there are many statistical measures that can use First Internet historical prices to predict the future First Internet's volatility.| Risk Adjusted Performance | 0.0618 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0513 | |||
| Treynor Ratio | 0.0732 |
First Internet Bancorp Backtested Returns
First Internet appears to be not too volatile, given 3 months investment horizon. First Internet Bancorp secures Sharpe Ratio (or Efficiency) of 0.0905, which denotes the company had a 0.0905% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Internet Bancorp, which you can use to evaluate the volatility of the firm. Please utilize First Internet's Downside Deviation of 2.6, mean deviation of 2.4, and Coefficient Of Variation of 1414.59 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Internet holds a performance score of 7. The firm shows a Beta (market volatility) of 3.23, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Internet will likely underperform. Please check First Internet's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether First Internet's price patterns will revert.
Auto-correlation | 0.59 |
Modest predictability
First Internet Bancorp has modest predictability. Overlapping area represents the amount of predictability between First Internet time series from 10th of December 2023 to 7th of June 2024 and 7th of June 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Internet Bancorp price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current First Internet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 18.84 |
First Internet Bancorp lagged returns against current returns
Autocorrelation, which is First Internet 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 First Internet's stock expected returns. We can calculate the autocorrelation of First Internet returns to help us make a trade decision. For example, suppose you find that First Internet 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 |
First Internet 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 First Internet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Internet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Internet stock over time.
Current vs Lagged Prices |
| Timeline |
First Internet Lagged Returns
When evaluating First Internet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Internet stock have on its future price. First Internet 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, First Internet autocorrelation shows the relationship between First Internet stock current value and its past values and can show if there is a momentum factor associated with investing in First Internet Bancorp.
Regressed Prices |
| Timeline |
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First Internet 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.