First Internet Bancorp Stock Market Value
| INBKZ Stock | USD 25.24 0.06 0.24% |
| Symbol | First |
First Internet Bancorp Price To Book Ratio
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Internet. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Internet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of First Internet Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Internet's value that differs from its market value or its book value, called intrinsic value, which is First Internet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Internet's market value can be influenced by many factors that don't directly affect First Internet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Internet's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Internet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Internet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
First Internet 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Internet's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Internet.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in First Internet on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding First Internet Bancorp or generate 0.0% return on investment in First Internet over 30 days. First Internet is related to or competes with Oxford Square. First Internet is entity of United States More
First Internet Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Internet's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Internet Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7414 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.62 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 0.9752 |
First Internet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Internet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Internet's standard deviation. In reality, there are many statistical measures that can use First Internet historical prices to predict the future First Internet's volatility.| Risk Adjusted Performance | 0.0572 | |||
| Jensen Alpha | 0.0191 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.2265 |
First Internet Bancorp Backtested Returns
At this stage we consider First Stock to be very steady. First Internet Bancorp secures Sharpe Ratio (or Efficiency) of 0.0737, which denotes the company had a 0.0737% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for First Internet Bancorp, which you can use to evaluate the volatility of the firm. Please confirm First Internet's Mean Deviation of 0.4543, downside deviation of 0.7414, and Coefficient Of Variation of 1290.24 to check if the risk estimate we provide is consistent with the expected return of 0.0466%. First Internet has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, First Internet's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Internet is expected to be smaller as well. First Internet Bancorp right now shows a risk of 0.63%. Please confirm First Internet Bancorp jensen alpha, potential upside, as well as the relationship between the Potential Upside and daily balance of power , to decide if First Internet Bancorp will be following its price patterns.
Auto-correlation | 0.34 |
Below average predictability
First Internet Bancorp has below average predictability. Overlapping area represents the amount of predictability between First Internet time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Internet Bancorp price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current First Internet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
First Internet Bancorp lagged returns against current returns
Autocorrelation, which is First Internet stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting First Internet's stock expected returns. We can calculate the autocorrelation of First Internet returns to help us make a trade decision. For example, suppose you find that First Internet has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
First Internet regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If First Internet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Internet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Internet stock over time.
Current vs Lagged Prices |
| Timeline |
First Internet Lagged Returns
When evaluating First Internet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Internet stock have on its future price. First Internet autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, First Internet autocorrelation shows the relationship between First Internet stock current value and its past values and can show if there is a momentum factor associated with investing in First Internet Bancorp.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for First Stock Analysis
When running First Internet's price analysis, check to measure First Internet'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 First Internet is operating at the current time. Most of First Internet's value examination focuses on studying past and present price action to predict the probability of First Internet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Internet's price. Additionally, you may evaluate how the addition of First Internet to your portfolios can decrease your overall portfolio volatility.