Iridium Competitors
| IRDM Stock | USD 20.00 0.87 4.55% |
Iridium Communications vs Rogers Communications Correlation
Excellent diversification
The correlation between Iridium Communications and RCI is -0.52 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Iridium Communications and RCI in the same portfolio, assuming nothing else is changed.
Moving against Iridium Stock
| 0.8 | TM5 | T Mobile Earnings Call This Week | PairCorr |
| 0.52 | NU42 | Ribbon Communications | PairCorr |
| 0.52 | FNGR | FingerMotion | PairCorr |
| 0.36 | 8L8 | Liberty Broadband Earnings Call This Week | PairCorr |
| 0.32 | 6GC | Gamma Communications plc | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Iridium Communications' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Iridium Communications Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Iridium Communications and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Iridium and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Iridium Communications does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Iridium Stock performing well and Iridium Communications Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Iridium Communications' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DIS | 1.34 | (0.11) | 0.00 | (0.03) | 0.00 | 2.41 | 10.07 | |||
| TMUS | 1.12 | (0.04) | 0.00 | (0.65) | 0.00 | 2.08 | 6.95 | |||
| CMCSA | 1.31 | 0.32 | 0.17 | 0.98 | 1.31 | 2.92 | 7.92 | |||
| AMX | 1.03 | (0.07) | 0.00 | (0.59) | 0.00 | 2.32 | 6.54 | |||
| CHTR | 1.72 | (0.02) | 0.00 | 0.06 | 2.18 | 4.26 | 9.83 | |||
| VIV | 1.46 | 0.32 | 0.12 | 1.07 | 1.83 | 3.13 | 11.53 | |||
| TIMB | 1.39 | 0.16 | 0.04 | 1.07 | 1.99 | 2.76 | 9.25 | |||
| RCI | 0.97 | (0.08) | 0.00 | 1.22 | 0.00 | 1.67 | 8.77 |
Cross Equities Net Income Analysis
Compare Iridium Communications and related stocks such as Walt Disney, T Mobile, and Comcast Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DIS | 173.5 M | 5.7 B | 6.1 B | 7.5 B | 8.4 B | 9.4 B | 9 B | 12.6 B | 11.1 B | (2.9 B) | 2 B | 3.1 B | 2.4 B | 5 B | 12.4 B | 14.3 B | 15 B |
| TMUS | (20.6 M) | 301.3 M | 394.2 M | 35 M | 247 M | 733 M | 1.5 B | 4.5 B | 2.9 B | 3.5 B | 3.1 B | 3 B | 2.6 B | 8.3 B | 11.3 B | 13 B | 13.7 B |
| CMCSA | 14.6 M | 4.2 B | 6.2 B | 6.8 B | 8.4 B | 8.2 B | 8.7 B | 22.7 B | 11.7 B | 13.1 B | 10.5 B | 14.2 B | 5.4 B | 15.4 B | 16.2 B | 19.8 B | 20.8 B |
| AMX | 3.9 B | 82.6 B | 91.4 B | 74.6 B | 46.1 B | 35.1 B | 8.6 B | 29.3 B | 45.7 B | 67.7 B | 46.9 B | 19.2 B | 82.9 B | 76.1 B | 28.3 B | 32.6 B | 46.4 B |
| CHTR | (2 K) | (369 M) | (304 M) | (169 M) | (183 M) | (271 M) | 3.5 B | 9.9 B | 1.2 B | 1.7 B | 3.2 B | 4.7 B | 5.1 B | 4.6 B | 5.1 B | 5 B | 5.2 B |
| VIV | 550.2 M | 4.4 B | 4.5 B | 3.7 B | 4.9 B | 3.3 B | 4.1 B | 4.6 B | 8.9 B | 5 B | 4.8 B | 6.2 B | 4.1 B | 5 B | 5.5 B | 6.4 B | 3.7 B |
| TIMB | 119.7 M | 1.3 B | 1.4 B | 1.5 B | 1.5 B | 2.1 B | 750.4 M | 1.2 B | 2.5 B | 3.6 B | 1.8 B | 3 B | 1.7 B | 2.8 B | 3.2 B | 3.6 B | 3.8 B |
| RCI | (168 M) | 1.6 B | 1.7 B | 1.7 B | 1.3 B | 1.3 B | 835 M | 1.8 B | 2.1 B | 1.6 B | 1.6 B | 1.6 B | 1.7 B | 849 M | 1.7 B | 6.9 B | 7.2 B |
Iridium Communications and related stocks such as Walt Disney, T Mobile, and Comcast Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Iridium Communications financial statement analysis. It represents the amount of money remaining after all of Iridium Communications operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Iridium Communications Competitive Analysis
The better you understand Iridium Communications competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Iridium Communications' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Iridium Communications' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Iridium Communications Competition Performance Charts
Five steps to successful analysis of Iridium Communications Competition
Iridium Communications' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Iridium Communications in relation to its competition. Iridium Communications' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Iridium Communications in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Iridium Communications' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Iridium Communications, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Iridium Communications Correlation with its peers. To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Will Diversified Telecommunication Services sector continue expanding? Could Iridium diversify its offerings? Factors like these will boost the valuation of Iridium Communications. Market participants price Iridium higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Iridium Communications data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.681 | Dividend Share 0.57 | Earnings Share 1.13 | Revenue Per Share | Quarterly Revenue Growth 0.067 |
Understanding Iridium Communications requires distinguishing between market price and book value, where the latter reflects Iridium's accounting equity. The concept of intrinsic value - what Iridium Communications' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Iridium Communications' price substantially above or below its fundamental value.
Please note, there is a significant difference between Iridium Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iridium Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Iridium Communications' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.