Independent Stock Alpha and Beta Analysis

INDB
 Stock
  

USD 79.51  0.57  0.71%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Independent Bk Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Independent over a specified time horizon. Remember, high Independent's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please see Independent Backtesting, Independent Valuation, Independent Correlation, Independent Hype Analysis, Independent Volatility, Independent History and analyze Independent Performance.
  
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Please note that although Independent alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Independent did 0.025179  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Independent Bk Corp stock's relative risk over its benchmark. Independent Bk Corp has a beta of 0.68  . Let's try to break down what Independent's beta means in this case. As returns on the market increase, Independent returns are expected to increase less than the market. However, during the bear market, the loss on holding Independent will be expected to be smaller as well.
Independent Book Value per Share is projected to increase significantly based on the last few years of reporting. The past year's Book Value per Share was at 86.56. The current year Enterprise Value over EBIT is expected to grow to 5.13, whereas Tangible Assets Book Value per Share are forecasted to decline to 472.80.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Independent Quarterly Book Value per Share

62.606

Share

Independent Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Independent market risk premium is the additional return an investor will receive from holding Independent long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Independent. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Independent's performance over market.
α0.025179   β0.68
90 days against DJI

Independent expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Independent's Buy-and-hold return. Our buy-and-hold chart shows how Independent performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Independent Market Price Analysis

Market price analysis indicators help investors to evaluate how Independent stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Independent shares will generate the highest return on investment. By understating and applying Independent stock market price indicators, traders can identify Independent position entry and exit signals to maximize returns.

Independent Return and Market Media

The median price of Independent for the period between Fri, Apr 1, 2022 and Thu, Jun 30, 2022 is 79.15 with a coefficient of variation of 2.92. The daily time series for the period is distributed with a sample standard deviation of 2.31, arithmetic mean of 79.31, and mean deviation of 1.86. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Asian stocks mixed as investors await US profits, inflation ...04/12/2022
2
EPS Reported04/21/2022
3
Independent Bank Groups CEO David Brooks on Q1 2022 Results ...04/26/2022
4
Asian stocks mixed, China gains ahead of US price data - The...05/10/2022
5
Financial Statements05/19/2022
6
Bank CEO says Americans havent spent their stimulus money it...05/23/2022
7
Independent exotic insider transaction detected05/26/2022
8
Biden embraces Fed independence- POLITICO - POLITICO06/01/2022
9
Weekly 10-Q Affirm Stripe deal is a big challenge to other B...06/06/2022
10
Financial Statements06/08/2022
11
Sale by Christopher Oddleifson of 3000 shares of Independent06/13/2022
12
Sale by Eileen Miskell of 1123 shares of Independent06/14/2022
13
Financial Statements06/16/2022
14
Simpson Manufacturing Independent Auditors Report - Form 8-K...06/17/2022
15
Welspun Corp appoints Arun Todarwal as Lead Independent Dire...06/28/2022

About Independent Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Independent Bk Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2019 2021 2022 (projected)
PPandE Turnover5.083.344.4
Calculated Tax Rate24.2722.7827.21

Independent Upcoming Company Events

As portrayed in its financial statements, the presentation of Independent's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Independent's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Independent's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Independent. Please utilize our Beneish M Score to check the likelihood of Independent's management manipulating its earnings.
Upcoming Quarterly Report20th of January 2022
Next Financial Report28th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End20th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Independent

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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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 Independent Backtesting, Independent Valuation, Independent Correlation, Independent Hype Analysis, Independent Volatility, Independent History and analyze 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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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Independent 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.
A focus of Independent technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Independent trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...