First Internet Bancorp Stock Price on August 24, 2021
| INBK Stock | USD 32.07 0.11 0.34% |
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. As of today, the current price of First Internet stands at 32.07, as last reported on the 23rd of April, with the highest price reaching 32.78 and the lowest price hitting 31.90 during the day. First Internet appears to be not too volatile, given 3 months investment horizon. First Internet Bancorp secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% 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 Coefficient Of Variation of 958.87, downside deviation of 2.5, and Mean Deviation of 2.18 to check if our risk estimates are consistent with your expectations.
First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.1043
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Estimated Market Risk
| 2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average First Internet is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Internet by adding it to a well-diversified portfolio.
First Internet Valuation on August 24, 2021
It is possible to determine the worth of First Internet on a given historical date. On August 24, 2021 First was worth 42.04 at the beginning of the trading date compared to the closed value of 39.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Internet stock. Still, in general, we apply an absolute valuation method to find First Internet's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Internet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Internet's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 42.04 | 42.04 | 39.37 | 39.37 | 45,171 |
| 40.23 | 40.64 | 38.84 | 38.84 | 30,834 |
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First Internet Trading Date Momentum on August 24, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.First Internet Bancorp Fundamentals Correlations and Trends
By evaluating First Internet's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Internet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Internet Stock history
First Internet investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Internet Bancorp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Internet stock prices may prove useful in developing a viable investing in First Internet
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services to individuals and commercial customers in the United States. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana. First Internet operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 282 people.
First Internet Stock Technical Analysis
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.
Price Boundaries
First Internet Period Price Range
Low | April 7, 2022
| High |
42.04 | 39.37 |
First Internet April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how First Internet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Internet shares will generate the highest return on investment. By undertsting and applying First Internet stock market strength indicators, traders can identify First Internet Bancorp entry and exit signals to maximize returns
| Accumulation Distribution | 2868.85 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 40.71 | |||
| Day Typical Price | 40.26 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (2.67) | |||
| Period Momentum Indicator | (7.30) |
First Internet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Internet's price direction in advance. Along with the technical and fundamental analysis of First Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0721 | |||
| Jensen Alpha | 0.1954 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0851 | |||
| Treynor Ratio | 0.239 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.
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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.
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.