Independent Bank Group Stock Alpha and Beta Analysis
| IBTX Stock | USD 67.26 0.04 0.06% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Independent Bank Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Independent Bank over a specified time horizon. Remember, high Independent Bank's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Independent Bank's market risk premium analysis include:
Beta 2.53 | Alpha (0.02) | Risk 2.62 | Sharpe Ratio 0.1 | Expected Return 0.27 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Independent |
Independent Bank Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Independent Bank market risk premium is the additional return an investor will receive from holding Independent Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Independent Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Independent Bank's performance over market.| α | -0.02 | β | 2.53 |
Independent Bank expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Independent Bank's Buy-and-hold return. Our buy-and-hold chart shows how Independent Bank performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Independent Bank Market Price Analysis
Market price analysis 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 understating and applying Independent Bank stock market price indicators, traders can identify Independent Bank position entry and exit signals to maximize returns.
Independent Bank Return and Market Media
The median price of Independent Bank for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 58.16 with a coefficient of variation of 6.08. The daily time series for the period is distributed with a sample standard deviation of 3.61, arithmetic mean of 59.34, and mean deviation of 2.97. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 305 shares by John Turpen of Independent Bank at 59.59 subject to Rule 16b-3 | 09/27/2024 |
2 | Disposition of 195 shares by Brenda Montgomery of Independent Bank at 55.9 subject to Rule 16b-3 | 10/03/2024 |
3 | Disposition of tradable shares by Brenda Montgomery of Independent Bank at 51.37 subject to Rule 16b-3 | 10/16/2024 |
4 | Independent Bank Group Now Covered by StockNews.com | 10/17/2024 |
5 | Independent Bank Group Inc Trading Down 3.6 percent on Oct 21 | 10/21/2024 |
6 | Independent Bank Group Inc Q3 2024 Earnings EPS of 0. ... | 10/22/2024 |
7 | Disposition of 153 shares by Paul Langdale of Independent Bank at 60.58 subject to Rule 16b-3 | 10/23/2024 |
8 | Independent Bank Corp earnings missed by 0.11, revenue fell short of estimates | 10/24/2024 |
9 | Q3 2024 Independent Bank Corp Earnings Call Transcript | 10/25/2024 |
10 | Mid Penn Bancorp strikes deal to acquire rival, expand in Philadelphia | 11/01/2024 |
| Independent Bank dividend paid on 14th of November 2024 | 11/14/2024 |
11 | Independent Bank Group, Inc. Given Average Recommendation of Moderate Buy by Brokerages - MarketBeat | 11/21/2024 |
12 | Independent Bank Sets New 1-Year High Still a Buy | 11/27/2024 |
About Independent Bank Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Independent or other stocks. Alpha measures the amount that position in Independent Bank has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0185 | 0.0297 | 0.0312 | Price To Sales Ratio | 5.24 | 4.15 | 5.09 |
Independent Bank Upcoming Company Events
As portrayed in its financial statements, the presentation of Independent Bank's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Independent Bank's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Independent Bank's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Independent Bank. Please utilize our Beneish M Score to check the likelihood of Independent Bank's management manipulating its earnings.
| 22nd of April 2024 Upcoming Quarterly Report | View | |
| 22nd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 27th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with Independent Bank
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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.