Idacorp Stock Price on December 31, 2023

IDA Stock  USD 110.32  0.14  0.13%   
Below is the normalized historical share price chart for IDACORP extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IDACORP stands at 110.32, as last reported on the 19th of January, with the highest price reaching 110.94 and the lowest price hitting 109.88 during the day.
IPO Date
17th of October 1986
200 Day MA
101.647
50 Day MA
112.891
Beta
0.598
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in IDACORP Stock, it is important to understand the factors that can impact its price. At this point, IDACORP is very steady. IDACORP retains Efficiency (Sharpe Ratio) of 0.0967, which attests that the entity had a 0.0967% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for IDACORP, which you can use to evaluate the volatility of the firm. Please check out IDACORP's Semi Deviation of 0.9883, market risk adjusted performance of 0.232, and Downside Deviation of 1.14 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
  
As of January 19, 2025, Common Stock Shares Outstanding is expected to decline to about 46.4 M. In addition to that, Total Stockholder Equity is expected to decline to about 1.7 B. At present, IDACORP's Price Earnings To Growth Ratio is projected to increase based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 17.65, whereas Price To Sales Ratio is forecasted to decline to 1.69. IDACORP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0967

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Estimated Market Risk

 1.22
  actual daily
10
90% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average IDACORP is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IDACORP by adding it to a well-diversified portfolio.
Price Book
1.795
Enterprise Value Ebitda
13.0826
Price Sales
3.1931
Shares Float
53 M
Dividend Share
3.32

IDACORP Valuation on December 31, 2023

It is possible to determine the worth of IDACORP on a given historical date. On December 31, 2023 IDACORP was worth 94.69 at the beginning of the trading date compared to the closed value of 95.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IDACORP stock. Still, in general, we apply an absolute valuation method to find IDACORP's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IDACORP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IDACORP's related companies.
 Open High Low Close Volume
  93.98    95.38    93.98    95.13    225,133  
12/29/2023
  94.69    95.13    94.31    95.07    192,488  
  94.70    96.35    94.70    95.91    312,897  
Backtest IDACORP  |  IDACORP History  |  IDACORP Valuation   PreviousNext  
Open Value
94.69
95.07
Closing Value
98.35
Upside

IDACORP Trading Date Momentum on December 31, 2023

On January 02 2024 IDACORP was traded for  95.91  at the closing time. Highest IDACORP's price during the trading hours was 96.35  and the lowest price during the day was  94.70 . The net volume was 312.9 K. The overall trading history on the 2nd of January contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 0.88% . The trading delta at closing time to current price is 0.41% .

IDACORP Fundamentals Correlations and Trends

By evaluating IDACORP's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IDACORP's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IDACORP financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About IDACORP Stock history

IDACORP investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IDACORP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IDACORP will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IDACORP stock prices may prove useful in developing a viable investing in IDACORP
Last ReportedProjected for Next Year
Common Stock Shares Outstanding58.4 M46.4 M
Net Income Applicable To Common Shares297.8 M171 M

IDACORP Quarterly Net Working Capital

427.17 Million

IDACORP Stock Technical Analysis

IDACORP technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of IDACORP technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IDACORP trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

IDACORP Period Price Range

Low
January 19, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

IDACORP cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

IDACORP January 19, 2025 Market Strength

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

IDACORP Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IDACORP's price direction in advance. Along with the technical and fundamental analysis of IDACORP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IDACORP to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for IDACORP Stock analysis

When running IDACORP's price analysis, check to measure IDACORP'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 IDACORP is operating at the current time. Most of IDACORP's value examination focuses on studying past and present price action to predict the probability of IDACORP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDACORP's price. Additionally, you may evaluate how the addition of IDACORP to your portfolios can decrease your overall portfolio volatility.
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