Independent Stock Probability of Future Stock Price Finishing Over 84.83

INDB -  USA Stock  

USD 81.69  4.17  4.86%

Independent's future price is the expected price of Independent instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Independent Bk Corp performance during a given time horizon utilizing its historical volatility. Independent Price to Book Value is projected to increase slightly based on the last few years of reporting. The past year's Price to Book Value was at 1.41. The current year Price to Earnings Ratio is expected to grow to 20.79, whereas Price to Sales Ratio is forecasted to decline to 5.55.

Independent Price Probability 

 
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Independent's implied volatility is one of the determining factors in the pricing options written on Independent Bk Corp. Implied volatility approximates the future value of Independent based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Independent Bk Corp over a specific time period. For example, 2021-12-17 CALL at $80.0 is a CALL option contract on Independent's common stock with a strick price of 80.0 expiring on 2021-12-17. The contract was not traded in recent days and, as of today, has 19 days remaining before the expiration. The option is currently trading at a bid price of $3.0, and an ask price of $5.0. The implied volatility as of the 28th of November is 40.5395. View All Independent options

Closest to current price Independent long CALL Option Payoff at Expiration

Please see Independent Backtesting, Independent Valuation, Independent Correlation, Independent Hype Analysis, Independent Volatility, Independent History as well as Independent Performance. Please specify Independent time horizon, a valid symbol (red box) and a target price (blue box) you would like Independent odds to be computed.
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Independent Target Price Odds to finish over 84.83

The tendency of Independent Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for foresting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 84.83  or more in 90 days
 81.69 90 days 84.83  about 23.34
Based on a normal probability distribution, the odds of Independent to move over $ 84.83  or more in 90 days from now is about 23.34 (This Independent Bk Corp probability density function shows the probability of Independent Stock to fall within a particular range of prices over 90 days) . Probability of Independent Bk Corp price to stay between its current price of $ 81.69  and $ 84.83  at the end of the 90-day period is about 17.2 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.6 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Independent will likely underperform. Additionally The company has an alpha of 0.143, implying that it can generate a 0.14 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Independent Price Density 
      Price 

Predictive Modules for Independent

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Independent Bk Corp. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Independent'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. Please use the tools below to analyze the current value of Independent in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
79.6781.5383.39
Details
Intrinsic
Valuation
LowReal ValueHigh
73.5289.9491.80
Details
Naive
Forecast
LowNext ValueHigh
75.1276.9778.83
Details
2 Analysts
Consensus
LowTarget PriceHigh
88.0090.0092.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Independent. Your research has to be compared to or analyzed against Independent's peers to derive any actionable benefits. When done correctly, Independent's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Independent Bk Corp.

Independent Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Independent is not an exception. The market had few large corrections towards the Independent's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Independent Bk Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Independent within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.14
β
Beta against DOW1.60
σ
Overall volatility
6.43
Ir
Information ratio 0.07

Independent Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Independent for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Independent Bk Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 83.0% of the company shares are owned by institutional investors
Latest headline from www.marketbeat.com: Independent Bank Group, Inc. COO Sells 153,608.00 in Stock - MarketBeat

Independent Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Independent Stock often depends not only on the future outlook of the current and potential Independent's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Independent's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out3.99%
Trailing Annual Dividend Rate1.86
Short Percent Of Float5.39%
Float Shares32.56M
Shares Short Prior Month1.11M
Average Daily Volume Last 10 Day759.28k
Average Daily Volume In Three Month264.03k
Date Short Interest15th of June 2021
Trailing Annual Dividend Yield2.15%

Independent Technical Analysis

Independent's future price can be derived by breaking down and analyzing its technical indicators over time. Independent Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Independent Bk Corp. In general, you should focus on analyzing Independent Stock price patterns and their correlations with different microeconomic environments and drivers.

Independent Predictive Forecast Models

Independent time-series forecasting models is one of many Independent's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Independent's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Independent Bk Corp

Checking the ongoing alerts about Independent for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Independent Bk Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Independent Alerts

Independent Alerts and Suggestions

Over 83.0% of the company shares are owned by institutional investors
Latest headline from www.marketbeat.com: Independent Bank Group, Inc. COO Sells 153,608.00 in Stock - MarketBeat
Please see Independent Backtesting, Independent Valuation, Independent Correlation, Independent Hype Analysis, Independent Volatility, Independent History as well as Independent Performance. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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.
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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.