ρ +0.88beyond mkt +0.49holdout +0.86stable 100%robust
INDB Independent Bank Corp. Common Stock
- Last close
- 84.10
- 504-day return
- +43.79%
- Median $/day
- $21.3M
- Relationships shown
- 12
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
INDB vs KRE
Both indexed to 100 at 2026-05-11.
Moves with INDB
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.82beyond mkt +0.39holdout +0.81stable 100%robust
ρ +0.82beyond mkt +0.38holdout +0.79stable 100%robust
ρ +0.81beyond mkt +0.38holdout +0.78stable 100%robust
ρ +0.81beyond mkt +0.37holdout +0.82stable 100%robust
ρ +0.81beyond mkt +0.37holdout +0.83stable 100%robust
Moves against INDB
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.43holdout +0.48stable 62%moderate
horizon 10dρ +0.40holdout +0.36stable 62%moderate
horizon 10dρ +0.36holdout +0.37stable 75%robust
horizon 10dρ +0.35holdout +0.39stable 50%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.68recent -0.31prior +0.36beyond mkt -0.07
Δ -0.59recent -0.33prior +0.26beyond mkt -0.06
Δ -0.59recent -0.23prior +0.36beyond mkt -0.05
Δ -0.54recent -0.22prior +0.32beyond mkt +0.04
Δ -0.53recent -0.30prior +0.23beyond mkt -0.01
Δ -0.52recent -0.31prior +0.20beyond mkt +0.00
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| KRE State Street SPDR S&P Regional Banking ETF | +0.49 | +0.88 | 14 | |
| STBA S&T Bancorp, Inc. Common Stock | +0.39 | +0.82 | 10 | |
| FCF First Commonwealth Financial Corporation | +0.38 | +0.82 | 15 | |
| RNST Renasant Corporation | +0.37 | +0.81 | 16 | |
| HOMB Home BancShares, Inc. | +0.37 | +0.81 | 16 | |
| FDIQ Invesco Exchange-Traded Fund Trust II Invesco Bloomberg Financial Data Providers ETF | +0.36 | +0.70 | 16 |