Independent Bank Group Stock Price on October 24, 2024
| IBTX Stock | USD 67.31 1.82 2.78% |
Below is the normalized historical share price chart for Independent Bank Group extending back to April 04, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Independent Bank stands at 67.31, as last reported on the 26th of November, with the highest price reaching 68.66 and the lowest price hitting 65.69 during the day.
If you're considering investing in Independent Stock, it is important to understand the factors that can impact its price. Independent Bank appears to be very steady, given 3 months investment horizon. Independent Bank holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Independent Bank, which you can use to evaluate the volatility of the firm. Please utilize Independent Bank's Downside Deviation of 1.85, market risk adjusted performance of 0.1277, and Risk Adjusted Performance of 0.0989 to validate if our risk estimates are consistent with your expectations.
At this time, Independent Bank's Capital Stock is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to rise to 0.02 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.4 B in 2024. . At this time, Independent Bank's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 51.25 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.60). Independent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of April 2013 | 200 Day MA 50.2299 | 50 Day MA 59.8824 | Beta 1.371 |
Independent |
Sharpe Ratio = 0.1104
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Estimated Market Risk
| 2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Independent Bank 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 Independent Bank by adding it to a well-diversified portfolio.
Price Book 1.3924 | Price Sales 5.8143 | Shares Float 39.9 M | Dividend Share 1.52 | Wall Street Target Price 56.4 |
Independent Bank Main Headline on 24th of October 2024
While the top- and bottom-line numbers for Independent Bank give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Independent Bank Valuation on October 24, 2024
It is possible to determine the worth of Independent Bank on a given historical date. On October 24, 2024 Independent was worth 57.95 at the beginning of the trading date compared to the closed value of 58.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Independent Bank stock. Still, in general, we apply an absolute valuation method to find Independent Bank'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 Independent Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Independent Bank's related companies.
| Open | High | Low | Close | Volume | |
| 57.06 | 57.96 | 57.06 | 57.54 | 151,376 | |
10/24/2024 | 57.95 | 59.16 | 57.19 | 58.56 | 111,742 |
| 59.12 | 59.12 | 56.83 | 56.90 | 93,750 |
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Independent Bank Trading Date Momentum on October 24, 2024
| On October 25 2024 Independent Bank Group was traded for 56.90 at the closing time. The top price for the day was 59.12 and the lowest listed price was 56.83 . The trading volume for the day was 93.8 K. The trading history from October 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.83% . The trading delta at closing time against the current closing price is 1.66% . |
Independent Bank Fundamentals Correlations and Trends
By evaluating Independent Bank'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 Independent Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Independent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Independent Bank Stock history
Independent Bank 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 Independent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Independent Bank 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 Independent Bank stock prices may prove useful in developing a viable investing in Independent Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 41.3 M | 27.9 M | |
| Net Income Applicable To Common Shares | 225.7 M | 237 M |
Independent Bank Stock Technical Analysis
Independent Bank 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
Independent Bank Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Independent Bank Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Independent Bank November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Independent Bank 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 Bank shares will generate the highest return on investment. By undertsting and applying Independent Bank stock market strength indicators, traders can identify Independent Bank Group entry and exit signals to maximize returns
Independent Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Independent Bank's price direction in advance. Along with the technical and fundamental analysis of Independent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Independent 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 | 0.0989 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1013 | |||
| Treynor Ratio | 0.1177 |
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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.