Independent Bank Group Stock Probability of Future Stock Price Finishing Under 32.62
| IBTX Stock | USD 65.49 0.82 1.27% |
Independent |
Independent Bank Target Price Odds to finish below 32.62
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 Price | Horizon | Target Price | Odds to drop to $ 32.62 or more in 90 days |
| 65.49 | 90 days | 32.62 | near 1 |
Based on a normal probability distribution, the odds of Independent Bank to drop to $ 32.62 or more in 90 days from now is near 1 (This Independent Bank Group 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 $ 32.62 and its current price of $65.49 at the end of the 90-day period is about 98.0 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.63 . 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 Group has an alpha of 0.0257, implying that it can generate a 0.0257 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Independent Bank Price Density |
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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.
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 Group, 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 Dow Jones | 0.03 | |
β | Beta against Dow Jones | 2.63 | |
σ | Overall volatility | 3.16 | |
Ir | Information ratio | 0.07 |
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.| Over 79.0% of the company shares are owned by institutional investors | |
| On 14th of November 2024 Independent Bank paid $ 0.38 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Independent Bank Group, Inc. Given Average Recommendation of Moderate Buy by Brokerages - MarketBeat |
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 Outstanding | 41.3 M | |
| Cash And Short Term Investments | 711.7 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 Group. 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.
| Over 79.0% of the company shares are owned by institutional investors | |
| On 14th of November 2024 Independent Bank paid $ 0.38 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Independent Bank Group, Inc. Given Average Recommendation of Moderate Buy by Brokerages - MarketBeat |
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.