Interdigital Stock Price on April 24, 2024

IDCC Stock  USD 171.69  0.01  0.01%   
Below is the normalized historical share price chart for InterDigital 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 InterDigital stands at 171.69, as last reported on the 22nd of January, with the highest price reaching 175.26 and the lowest price hitting 169.58 during the day.
IPO Date
26th of March 1990
200 Day MA
140.7969
50 Day MA
189.1566
Beta
1.37
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in InterDigital Stock, it is important to understand the factors that can impact its price. InterDigital appears to be very steady, given 3 months investment horizon. InterDigital holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for InterDigital, which you can use to evaluate the volatility of the firm. Please utilize InterDigital's Market Risk Adjusted Performance of (0.94), risk adjusted performance of 0.071, and Downside Deviation of 2.22 to validate if our risk estimates are consistent with your expectations.
  
At present, InterDigital's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 2.1 B, whereas Other Stockholder Equity is projected to grow to (752.9 M). . At present, InterDigital's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 12.89, whereas Price To Sales Ratio is forecasted to decline to 5.80. InterDigital Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.123

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Estimated Market Risk

 2.36
  actual daily
21
79% of assets are more volatile

Expected Return

 0.29
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average InterDigital is performing at about 9% 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 InterDigital by adding it to a well-diversified portfolio.
Price Book
6.0222
Enterprise Value Ebitda
9.531
Price Sales
6.0345
Shares Float
24.8 M
Dividend Share
1.65

InterDigital Main Headline on 24th of April 2024

InterDigital dividend paid on 24th of April 2024

InterDigital Valuation on April 24, 2024

It is possible to determine the worth of InterDigital on a given historical date. On April 24, 2024 InterDigital was worth 98.18 at the beginning of the trading date compared to the closed value of 98.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of InterDigital stock. Still, in general, we apply an absolute valuation method to find InterDigital'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 InterDigital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against InterDigital's related companies.
 Open High Low Close Volume
  97.25    98.63    97.17    98.06    487,671  
04/24/2024
  98.18    99.25    97.92    98.79    405,038  
  97.50    99.39    97.50    99.03    283,481  
Backtest InterDigital  |  InterDigital History  |  InterDigital Valuation   PreviousNext  
Open Value
98.18
98.79
Closing Value
105.27
Upside

InterDigital Trading Date Momentum on April 24, 2024

On April 25 2024 InterDigital was traded for  99.03  at the closing time. The top price for the day was 99.39  and the lowest listed price was  97.50 . The trading volume for the day was 283.5 K. The trading history from April 25, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.24% . The trading delta at closing time against the current closing price is 4.22% .

InterDigital Fundamentals Correlations and Trends

By evaluating InterDigital'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 InterDigital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. InterDigital financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About InterDigital Stock history

InterDigital 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 InterDigital is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in InterDigital 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 InterDigital stock prices may prove useful in developing a viable investing in InterDigital
Last ReportedProjected for Next Year
Common Stock Shares Outstanding32.3 M41.6 M
Net Income Applicable To Common Shares107.7 M99.7 M

InterDigital Quarterly Net Working Capital

441.96 Million

InterDigital Stock Technical Analysis

InterDigital 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 InterDigital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of InterDigital 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

InterDigital Period Price Range

Low
January 22, 2025
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High

 0.00 

     

 0.00 

InterDigital cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

InterDigital January 22, 2025 Market Strength

Market strength indicators help investors to evaluate how InterDigital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading InterDigital shares will generate the highest return on investment. By undertsting and applying InterDigital stock market strength indicators, traders can identify InterDigital entry and exit signals to maximize returns

InterDigital Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for InterDigital's price direction in advance. Along with the technical and fundamental analysis of InterDigital Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of InterDigital 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 InterDigital Stock analysis

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