IDACORP Stock Forecast - Double Exponential Smoothing
| IDA Stock | USD 132.16 1.54 1.15% |
IDACORP Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast IDACORP stock prices and determine the direction of IDACORP's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of IDACORP's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time, The relative strength index (RSI) of IDACORP's share price is at 54. This usually indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling IDACORP, making its price go up or down. Momentum 54
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 0.066 | EPS Estimate Next Quarter 0.7356 | EPS Estimate Current Year 5.8445 | EPS Estimate Next Year 6.3813 | Wall Street Target Price 141.1111 |
Using IDACORP hype-based prediction, you can estimate the value of IDACORP from the perspective of IDACORP response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards IDACORP using IDACORP's stock options and short interest. It helps to benchmark the overall future attitude of investors towards IDACORP using crowd psychology based on the activity and movement of IDACORP's stock price.
IDACORP Short Interest
A significant increase or decrease in IDACORP's short interest from the previous month could be a good indicator of investor sentiment towards IDACORP. Short interest can provide insight into the potential direction of IDACORP stock and how bullish or bearish investors feel about the market overall.
200 Day MA 124.0229 | Short Percent 0.1043 | Short Ratio 9.93 | Shares Short Prior Month 3.9 M | 50 Day MA 128.3756 |
IDACORP Relative Strength Index
The Double Exponential Smoothing forecasted value of IDACORP on the next trading day is expected to be 131.06 with a mean absolute deviation of 0.99 and the sum of the absolute errors of 58.29.IDACORP Hype to Price Pattern
Investor biases related to IDACORP's public news can be used to forecast risks associated with an investment in IDACORP. The trend in average sentiment can be used to explain how an investor holding IDACORP can time the market purely based on public headlines and social activities around IDACORP. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of IDACORP's market sentiment to its price can help taders to make decisions based on the overall investors consensus about IDACORP.
IDACORP Implied Volatility | 0.32 |
IDACORP's implied volatility exposes the market's sentiment of IDACORP stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if IDACORP's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that IDACORP stock will not fluctuate a lot when IDACORP's options are near their expiration.
The Double Exponential Smoothing forecasted value of IDACORP on the next trading day is expected to be 131.06 with a mean absolute deviation of 0.99 and the sum of the absolute errors of 58.29. IDACORP after-hype prediction price | USD 132.13 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of IDACORP to cross-verify your projections. Prediction based on Rule 16 of the current IDACORP contract
Based on the Rule 16, the options market is currently suggesting that IDACORP will have an average daily up or down price movement of about 0.02% per day over the life of the 2026-03-20 option contract. With IDACORP trading at USD 132.16, that is roughly USD 0.0264 . If you think that the market is fully incorporating IDACORP's daily price movement you should consider acquiring IDACORP options at the current volatility level of 0.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-03-20 IDACORP Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast IDACORP's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in IDACORP's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for IDACORP stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current IDACORP's open interest, investors have to compare it to IDACORP's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of IDACORP is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in IDACORP. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
IDACORP Additional Predictive Modules
Most predictive techniques to examine IDACORP price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for IDACORP using various technical indicators. When you analyze IDACORP charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
IDACORP Double Exponential Smoothing Price Forecast For the 27th of January
Given 90 days horizon, the Double Exponential Smoothing forecasted value of IDACORP on the next trading day is expected to be 131.06 with a mean absolute deviation of 0.99, mean absolute percentage error of 1.68, and the sum of the absolute errors of 58.29.Please note that although there have been many attempts to predict IDACORP Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that IDACORP's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
IDACORP Stock Forecast Pattern
| Backtest IDACORP | IDACORP Price Prediction | Buy or Sell Advice |
IDACORP Forecasted Value
In the context of forecasting IDACORP's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. IDACORP's downside and upside margins for the forecasting period are 130.12 and 132.00, respectively. We have considered IDACORP's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of IDACORP stock data series using in forecasting. Note that when a statistical model is used to represent IDACORP stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -0.0717 |
| MAD | Mean absolute deviation | 0.9879 |
| MAPE | Mean absolute percentage error | 0.0077 |
| SAE | Sum of the absolute errors | 58.2852 |
Predictive Modules for IDACORP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IDACORP. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IDACORP's 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.
IDACORP After-Hype Price Density Analysis
As far as predicting the price of IDACORP at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in IDACORP or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of IDACORP, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
IDACORP Estimiated After-Hype Price Volatility
In the context of predicting IDACORP's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on IDACORP's historical news coverage. IDACORP's after-hype downside and upside margins for the prediction period are 131.19 and 133.07, respectively. We have considered IDACORP's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
IDACORP is very steady at this time. Analysis and calculation of next after-hype price of IDACORP is based on 3 months time horizon.
IDACORP Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as IDACORP is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading IDACORP backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with IDACORP, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.02 | 0.94 | 0.03 | 0.00 | 9 Events / Month | 5 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
132.16 | 132.13 | 0.02 |
|
IDACORP Hype Timeline
On the 26th of January IDACORP is traded for 132.16. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.0. IDACORP is forecasted to decline in value after the next headline, with the price expected to drop to 132.13. The average volatility of media hype impact on the company price is about 62.67%. The price depreciation on the next news is expected to be -0.02%, whereas the daily expected return is currently at -0.02%. The volatility of related hype on IDACORP is about 596.83%, with the expected price after the next announcement by competition of 132.16. About 100.0% of the company shares are owned by institutional investors. The book value of IDACORP was currently reported as 64.41. The company has Price/Earnings To Growth (PEG) ratio of 2.32. IDACORP recorded earning per share (EPS) of 5.82. The entity last dividend was issued on the 5th of February 2026. The firm had 2:1 split on the 7th of June 1985. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out Historical Fundamental Analysis of IDACORP to cross-verify your projections.IDACORP Related Hype Analysis
Having access to credible news sources related to IDACORP's direct competition is more important than ever and may enhance your ability to predict IDACORP's future price movements. Getting to know how IDACORP's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how IDACORP may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| POR | Portland General Electric | 0.80 | 8 per month | 0.73 | 0.08 | 2.20 | (1.23) | 5.33 | |
| TXNM | TXNM Energy | (0.04) | 10 per month | 0.00 | (0.04) | 0.52 | (0.29) | 1.45 | |
| MGEE | MGE Energy | 1.56 | 5 per month | 0.00 | (0.19) | 1.58 | (1.90) | 4.52 | |
| CMS | CMS Energy | (0.02) | 10 per month | 0.00 | (0.17) | 1.27 | (1.56) | 5.00 | |
| OGE | OGE Energy | 0.09 | 11 per month | 0.00 | (0.22) | 1.24 | (1.77) | 3.57 | |
| AVA | Avista | (0.04) | 14 per month | 0.99 | (0.02) | 1.67 | (1.74) | 5.72 | |
| BKH | Black Hills | (1.87) | 7 per month | 1.08 | 0.07 | 2.01 | (2.07) | 7.24 | |
| ALE | Allete Inc | 0.78 | 13 per month | 0.00 | 0.05 | 0.73 | (0.21) | 2.98 |
Other Forecasting Options for IDACORP
For every potential investor in IDACORP, whether a beginner or expert, IDACORP's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. IDACORP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in IDACORP. Basic forecasting techniques help filter out the noise by identifying IDACORP's price trends.IDACORP Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IDACORP stock to make a market-neutral strategy. Peer analysis of IDACORP could also be used in its relative valuation, which is a method of valuing IDACORP by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
IDACORP Market Strength Events
Market strength indicators help investors to evaluate how IDACORP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IDACORP shares will generate the highest return on investment. By undertsting and applying IDACORP stock market strength indicators, traders can identify IDACORP entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0203 | |||
| Daily Balance Of Power | (0.57) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 132.44 | |||
| Day Typical Price | 132.35 | |||
| Market Facilitation Index | 2.72 | |||
| Price Action Indicator | (1.05) | |||
| Period Momentum Indicator | (1.54) | |||
| Relative Strength Index | 54.36 |
IDACORP Risk Indicators
The analysis of IDACORP's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in IDACORP's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting idacorp stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.7847 | |||
| Standard Deviation | 0.9633 | |||
| Variance | 0.9279 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for IDACORP
The number of cover stories for IDACORP depends on current market conditions and IDACORP's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that IDACORP is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about IDACORP's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
IDACORP Short Properties
IDACORP's future price predictability will typically decrease when IDACORP's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of IDACORP often depends not only on the future outlook of the potential IDACORP's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. IDACORP's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.6 M | |
| Cash And Short Term Investments | 368.9 M |
Check out Historical Fundamental Analysis of IDACORP to cross-verify your projections. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Electric Utilities 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 IDACORP. If investors know IDACORP 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 IDACORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.066 | Dividend Share 3.44 | Earnings Share 5.82 | Revenue Per Share | Quarterly Revenue Growth (0.01) |
The market value of IDACORP is measured differently than its book value, which is the value of IDACORP that is recorded on the company's balance sheet. Investors also form their own opinion of IDACORP's value that differs from its market value or its book value, called intrinsic value, which is IDACORP'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 IDACORP's market value can be influenced by many factors that don't directly affect IDACORP'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 IDACORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDACORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDACORP'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.