Iridium Communications (Germany) Probability of Future Stock Price Finishing Under 25.7
| 6IC Stock | EUR 28.23 1.19 4.40% |
Iridium |
Iridium Communications Target Price Odds to finish below 25.7
The tendency of Iridium Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to € 25.70 or more in 90 days |
| 28.23 | 90 days | 25.70 | about 36.31 |
Based on a normal probability distribution, the odds of Iridium Communications to drop to € 25.70 or more in 90 days from now is about 36.31 (This Iridium Communications probability density function shows the probability of Iridium Stock to fall within a particular range of prices over 90 days) . Probability of Iridium Communications price to stay between € 25.70 and its current price of €28.23 at the end of the 90-day period is about 47.13 .
Assuming the 90 days horizon Iridium Communications has a beta of 0.91. This suggests Iridium Communications market returns are reactive to returns on the market. As the market goes up or down, Iridium Communications is expected to follow. Additionally Iridium Communications has an alpha of 0.2155, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Iridium Communications Price Density |
| Price |
Predictive Modules for Iridium Communications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iridium Communications. 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.Iridium Communications Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iridium Communications is not an exception. The market had few large corrections towards the Iridium Communications' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Iridium Communications, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iridium Communications within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 0.91 | |
σ | Overall volatility | 1.91 | |
Ir | Information ratio | 0.06 |
Iridium Communications Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Iridium Communications for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iridium Communications can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Iridium Communications had very high historical volatility over the last 90 days | |
| Iridium Communications has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 84.0% of the company shares are owned by institutions such as pension funds |
Iridium Communications Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Iridium Stock often depends not only on the future outlook of the current and potential Iridium Communications' 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. Iridium Communications' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 125.9 M |
Iridium Communications Technical Analysis
Iridium Communications' future price can be derived by breaking down and analyzing its technical indicators over time. Iridium Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iridium Communications. In general, you should focus on analyzing Iridium Stock price patterns and their correlations with different microeconomic environments and drivers.
Iridium Communications Predictive Forecast Models
Iridium Communications' time-series forecasting models is one of many Iridium Communications' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Iridium Communications' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Iridium Communications
Checking the ongoing alerts about Iridium Communications for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iridium Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Iridium Communications had very high historical volatility over the last 90 days | |
| Iridium Communications has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 84.0% of the company shares are owned by institutions such as pension funds |
Additional Information and Resources on Investing in Iridium Stock
When determining whether Iridium Communications is a strong investment it is important to analyze Iridium Communications' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iridium Communications' future performance. For an informed investment choice regarding Iridium Stock, refer to the following important reports:Check out Iridium Communications Backtesting, Iridium Communications Valuation, Iridium Communications Correlation, Iridium Communications Hype Analysis, Iridium Communications Volatility, Iridium Communications History as well as Iridium Communications Performance. For more detail on how to invest in Iridium Stock please use our How to Invest in Iridium Communications guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.