Independent Bank Stock Probability of Future Stock Price Finishing Over 86.38

INDB Stock  USD 52.02  0.10  0.19%   
Independent Bank's implied volatility is one of the determining factors in the pricing options written on Independent Bank. Implied volatility approximates the future value of Independent Bank 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 Bank over a specific time period. For example, 2024-04-19 CALL at $50.0 is a CALL option contract on Independent Bank's common stock with a strick price of 50.0 expiring on 2024-04-19. The contract was last traded on 2024-03-18 at 11:28:53 for $2.0 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $2.1, and an ask price of $5.5. The implied volatility as of the 28th of March is 43.39. View All Independent options

Closest to current price Independent long CALL Option Payoff at Expiration

Independent Bank's future price is the expected price of Independent Bank 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 Bank performance during a given time horizon utilizing its historical volatility. Check out Independent Bank Backtesting, Independent Bank Valuation, Independent Bank Correlation, Independent Bank Hype Analysis, Independent Bank Volatility, Independent Bank History as well as Independent Bank Performance.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
  
At present, Independent Bank's Price Earnings Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.78, whereas Price To Sales Ratio is forecasted to decline to 2.66. Please specify Independent Bank's target price for which you would like Independent Bank odds to be computed.

Independent Bank Target Price Odds to finish over 86.38

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 forecasting. 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 $ 86.38  or more in 90 days
 52.02 90 days 86.38 
near 1
Based on a normal probability distribution, the odds of Independent Bank to move over $ 86.38  or more in 90 days from now is near 1 (This Independent Bank probability density function shows the probability of Independent Stock to fall within a particular range of prices over 90 days) . Probability of Independent Bank price to stay between its current price of $ 52.02  and $ 86.38  at the end of the 90-day period is about 77.49 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.77 . 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 Bank will likely underperform. Additionally Independent Bank has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Independent Bank Price Density   
       Price  

Predictive Modules for Independent Bank

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 Bank. Regardless of method or technology, however, to accurately forecast the stock 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, 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.
Hype
Prediction
LowEstimatedHigh
50.3552.5054.65
Details
Intrinsic
Valuation
LowRealHigh
42.7744.9257.96
Details
4 Analysts
Consensus
LowTargetHigh
45.8050.3355.87
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.951.111.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Independent Bank. Your research has to be compared to or analyzed against Independent Bank's peers to derive any actionable benefits. When done correctly, Independent Bank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Independent Bank.

Independent Bank Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Independent Bank is not an exception. The market had few large corrections towards the Independent Bank'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 Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Independent Bank within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.53
β
Beta against NYSE Composite1.77
σ
Overall volatility
5.76
Ir
Information ratio -0.2

Independent Bank 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 Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Independent Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Independent Bank generated a negative expected return over the last 90 days
Independent Bank has a poor financial position based on the latest SEC disclosures
Over 86.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: NorthEast Community Bancorp Hikes Dividend by 66.7

Independent Bank 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 Bank'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 Bank's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding43.5 M
Cash And Short Term Investments-178.9 M

Independent Bank Technical Analysis

Independent Bank'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 Bank. In general, you should focus on analyzing Independent Stock price patterns and their correlations with different microeconomic environments and drivers.

Independent Bank Predictive Forecast Models

Independent Bank's time-series forecasting models is one of many Independent Bank's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Independent Bank'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 Bank

Checking the ongoing alerts about Independent Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Independent Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Independent Bank generated a negative expected return over the last 90 days
Independent Bank has a poor financial position based on the latest SEC disclosures
Over 86.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: NorthEast Community Bancorp Hikes Dividend by 66.7
When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:
Check out Independent Bank Backtesting, Independent Bank Valuation, Independent Bank Correlation, Independent Bank Hype Analysis, Independent Bank Volatility, Independent Bank History as well as Independent Bank Performance.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
Note that the Independent Bank information on this page should be used as a complementary analysis to other Independent Bank'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary 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.
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Is Independent Bank'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 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
(0.26)
Dividend Share
2.2
Earnings Share
5.42
Revenue Per Share
16.015
Quarterly Revenue Growth
(0.11)
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.