First Internet Bancorp Stock Market Value
| INBK Stock | USD 31.03 0.03 0.1% |
| Symbol | First |
First Internet Bancorp Price To Book Ratio
Is First Internet's industry 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 (0.30) | Dividend Share 0.24 | Earnings Share 0.95 | Revenue Per Share 9.547 | Quarterly Revenue Growth (0.07) |
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.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in First Internet on March 19, 2024 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 30 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 | 2.41 | |||
| Information Ratio | 0.0941 | |||
| Maximum Drawdown | 16.52 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 4.97 |
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 | 0.0793 | |||
| Jensen Alpha | 0.2537 | |||
| Total Risk Alpha | 0.1084 | |||
| Sortino Ratio | 0.1121 | |||
| Treynor Ratio | 0.2332 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Internet'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.
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 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Internet Bancorp, which you can use to evaluate the volatility of the firm. Please utilize First Internet's Mean Deviation of 2.17, coefficient of variation of 881.25, and Downside Deviation of 2.41 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 8. The firm shows a Beta (market volatility) of 1.35, 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 semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether First Internet's price patterns will revert.
Auto-correlation | 0.04 |
Virtually no predictability
First Internet Bancorp has virtually no predictability. Overlapping area represents the amount of predictability between First Internet time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th of April 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 0.04 indicates that only as little as 4.0% of current First Internet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.68 |
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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Internet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Internet's short interest history, or implied volatility extrapolated from First Internet options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out First Internet Correlation, First Internet Volatility and First Internet Alpha and Beta module to complement your research on First Internet. Note that the First Internet Bancorp information on this page should be used as a complementary analysis to other First Internet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for First Stock analysis
When running First Internet's price analysis, check to measure First Internet'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 First Internet is operating at the current time. Most of First Internet's value examination focuses on studying past and present price action to predict the probability of First Internet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Internet's price. Additionally, you may evaluate how the addition of First Internet to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| 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 | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
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.