Independent PPandE Turnover Trend from 2010 to 2021

INDB -  USA Stock  

USD 81.69  4.17  4.86%

Independent PPandE Turnover is decreasing over the years with slightly volatile fluctuation. Ongoing PPandE Turnover is projected to grow to 4.95 this year. From 2010 to 2021 Independent PPandE Turnover quarterly data regression line had arithmetic mean of 4.69 and r-squared of  0.23. The current year Income Tax Expense is expected to grow to about 33.2 M, whereas Consolidated Income is forecasted to decline to about 109.8 M.

Independent Historical Trends 

 
Refresh
Check Independent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independent main balance sheet or income statement drivers, such as Consolidated Income of 109.8 M, Earning Before Interest and Taxes EBIT of 143 M or Gross Profit of 401.2 M, as well as many exotic indicators such as Calculated Tax Rate of 26.32, PPandE Turnover of 4.95 or Cash and Equivalents Turnover of 0.99. Independent financial statements analysis is a perfect complement when working with Independent Valuation or Volatility modules. It can also supplement various Independent Technical models. Please see the analysis of Independent Correlation against competitors.

Independent PPandE Turnover Breakdown

Showing smoothed PPandE Turnover of Independent Bk Corp with missing and latest data points interpolated. Independent's PPandE Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independent's overall financial position and show how it may be relating to other accounts over time.
PPandE Turnover10 Years Trend
Decreasing
Slightly volatile
 PPandE Turnover 
Share
      Timeline 

Independent PPandE Turnover Regression Statistics

Arithmetic Mean 4.69
Geometric Mean 4.67
Coefficient Of Variation 9.86
Mean Deviation 0.40
Median 4.56
Standard Deviation 0.46
Sample Variance 0.21
Range 1.39
R-Value(0.48)
Mean Square Error 0.18
R-Squared 0.23
Significance 0.12
Slope(0.06)
Total Sum of Squares 2.35

Independent PPandE Turnover History

2010  5.55 
2011  5.29 
2012  4.98 
2013  4.56 
2014  4.44 
2015  4.46 
2016  4.26 
2017  4.16 
2018  4.29 
2019  5.08 
2021  4.95 

About Independent Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Independent income statement, its balance sheet, and the statement of cash flows. Independent investors use historical funamental indicators, such as Independent's PPandE Turnover, to determine how well the company is positioned to perform in the future. Although Independent investors may use each financial statement separately, they are all related. The changes in Independent's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Independent's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Independent Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Independent. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
PPandE Turnover 4.26  4.95 
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts. Independent operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1432 people.

Independent Investors Sentiment

The influence of Independent's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Independent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Independent Implied Volatility

    
  57.64  
Independent's implied volatility exposes the market's sentiment of Independent Bk Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Independent's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Independent stock will not fluctuate a lot when Independent's options are near their expiration.
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 Independent 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, Independent's short interest history, or implied volatility extrapolated from Independent options trading.

Current Sentiment - INDB

Independent Bk Corp Investor Sentiment

Most of Macroaxis users are currently bullish on Independent Bk Corp. What is your judgment towards investing in Independent Bk Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Independent Bk Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see the analysis of Independent Correlation against competitors. Note that the Independent Bk Corp information on this page should be used as a complementary analysis to other Independent'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Independent Stock analysis

When running Independent Bk Corp price analysis, check to measure Independent'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 is operating at the current time. Most of Independent's value examination focuses on studying past and present price action to predict the probability of Independent's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Independent's price. Additionally, you may evaluate how the addition of Independent to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Fund Screener
Find activelly-traded funds from around the world traded on over 30 global exchanges
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Is Independent'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 Independent. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Independent Bk Corp 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's value that differs from its market value or its book value, called intrinsic value, which is Independent'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's market value can be influenced by many factors that don't directly affect Independent'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's value and its price as these two are different measures arrived at by different means. Investors typically determine Independent value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent'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.