Independent Net Invested Capital from 2010 to 2024
| IBCP Stock | USD 37.72 0.65 1.75% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 533.7 M | Current Value 512 M | Quarterly Volatility 78.2 M |
Check Independent Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independent Bank's main balance sheet or income statement drivers, such as Interest Expense of 87.5 M, Other Operating Expenses of 55.3 M or Operating Income of 54.2 M, as well as many indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0332 or PTB Ratio of 1.65. Independent financial statements analysis is a perfect complement when working with Independent Bank Valuation or Volatility modules.
Independent | Net Invested Capital |
Latest Independent Bank's Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of Independent Bank over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Independent Bank's Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independent Bank's overall financial position and show how it may be relating to other accounts over time.
| Net Invested Capital | 10 Years Trend |
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Net Invested Capital |
| Timeline |
Independent Net Invested Capital Regression Statistics
| Arithmetic Mean | 413,887,518 | |
| Geometric Mean | 407,272,960 | |
| Coefficient Of Variation | 18.90 | |
| Mean Deviation | 71,211,955 | |
| Median | 348,352,000 | |
| Standard Deviation | 78,207,227 | |
| Sample Variance | 6116.4T | |
| Range | 185.4M | |
| R-Value | 0.90 | |
| Mean Square Error | 1193T | |
| R-Squared | 0.82 | |
| Slope | 15,824,962 | |
| Total Sum of Squares | 85629.2T |
Independent Net Invested Capital History
About Independent Bank Financial Statements
Independent Bank shareholders use historical fundamental indicators, such as Net Invested Capital, to determine how well the company is positioned to perform in the future. Although Independent Bank investors may analyze each financial statement separately, they are all interrelated. The changes in Independent Bank's assets and liabilities, for example, are also reflected in the revenues and expenses on on Independent Bank's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Invested Capital | 533.7 M | 512 M |
Pair Trading with Independent Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Independent Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Independent Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Independent Stock
| 0.97 | AX | Axos Financial | PairCorr |
| 0.96 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.96 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Independent Stock
| 0.4 | CFG-PE | Citizens Financial | PairCorr |
| 0.37 | WF | Woori Financial Group | PairCorr |
| 0.35 | TFC-PO | Truist Financial | PairCorr |
| 0.35 | TFC-PR | Truist Financial | PairCorr |
The ability to find closely correlated positions to Independent Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Independent Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Independent Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Independent Bank to buy it.
The correlation of Independent Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Independent Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Independent Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Independent Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional 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.