Independence Realty Trust Stock Price on September 5, 2024
| IRT Stock | USD 21.84 0.17 0.77% |
Below is the normalized historical share price chart for Independence Realty Trust extending back to August 13, 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 Independence Realty stands at 21.84, as last reported on the 30th of November, with the highest price reaching 22.11 and the lowest price hitting 21.83 during the day.
If you're considering investing in Independence Stock, it is important to understand the factors that can impact its price. Currently, Independence Realty Trust is very steady. Independence Realty Trust holds Efficiency (Sharpe) Ratio of 0.0804, which attests that the entity had a 0.0804% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Independence Realty Trust, which you can use to evaluate the volatility of the firm. Please check out Independence Realty's Downside Deviation of 1.3, risk adjusted performance of 0.0692, and Market Risk Adjusted Performance of 0.1839 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Independence Realty's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 2.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 53.2 M in 2024. . Price To Sales Ratio is likely to drop to 4.93 in 2024. Price Earnings Ratio is likely to gain to -189.35 in 2024. Independence Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of August 2013 | 200 Day MA 17.8247 | 50 Day MA 20.0806 | Beta 1.158 |
Independence |
Sharpe Ratio = 0.0804
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | IRT | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Independence Realty is performing at about 6% 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 Independence Realty by adding it to a well-diversified portfolio.
Price Book 1.4652 | Enterprise Value Ebitda 24.0789 | Price Sales 7.8642 | Shares Float 222.9 M | Dividend Share 0.64 |
Independence Realty Valuation on September 5, 2024
It is possible to determine the worth of Independence Realty on a given historical date. On September 5, 2024 Independence was worth 20.08 at the beginning of the trading date compared to the closed value of 19.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Independence Realty stock. Still, in general, we apply an absolute valuation method to find Independence Realty'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 Independence Realty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Independence Realty's related companies.
| Open | High | Low | Close | Volume | |
| 19.82 | 20.34 | 19.66 | 19.94 | 8,051,386 | |
09/05/2024 | 20.08 | 20.10 | 19.70 | 19.90 | 3,578,656 |
| 19.92 | 19.92 | 19.52 | 19.56 | 2,658,118 |
| Backtest Independence Realty | | | Independence Realty History | | | Independence Realty Valuation | Previous | Next |
Independence Realty Trading Date Momentum on September 5, 2024
| On September 06 2024 Independence Realty Trust was traded for 19.56 at the closing time. Highest Independence Realty's price during the trading hours was 19.92 and the lowest price during the day was 19.52 . The net volume was 2.7 M. The overall trading history on the 6th of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.71% . The trading delta at closing time to current price is 4.87% . |
Independence Realty Trust Fundamentals Correlations and Trends
By evaluating Independence Realty'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 Independence Realty's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Independence financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Independence Realty Stock history
Independence Realty 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 Independence is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Independence Realty Trust 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 Independence Realty stock prices may prove useful in developing a viable investing in Independence Realty
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 224.4 M | 235.6 M | |
| Net Income Applicable To Common Shares | 134.8 M | 141.6 M |
Independence Realty Stock Technical Analysis
Independence Realty 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
Independence Realty Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Independence Realty Trust cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Independence Realty November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Independence Realty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Independence Realty shares will generate the highest return on investment. By undertsting and applying Independence Realty stock market strength indicators, traders can identify Independence Realty Trust entry and exit signals to maximize returns
Independence Realty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Independence Realty's price direction in advance. Along with the technical and fundamental analysis of Independence Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Independence 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 | 0.0692 | |||
| Jensen Alpha | 0.0274 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1739 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Independence Stock Analysis
When running Independence Realty's price analysis, check to measure Independence Realty'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 Independence Realty is operating at the current time. Most of Independence Realty's value examination focuses on studying past and present price action to predict the probability of Independence Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Realty's price. Additionally, you may evaluate how the addition of Independence Realty to your portfolios can decrease your overall portfolio volatility.