Iridium Communications Stock Statistic Functions Variance

IRDM Stock  USD 28.47  0.56  2.01%   
Iridium Communications statistic functions tool provides the execution environment for running the Variance function and other technical functions against Iridium Communications. Iridium Communications value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Variance function function is designed to identify and follow existing trends. Iridium Communications statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. Iridium Communications Variance is a measurement of the price spread between periods of Iridium Communications price series.

Iridium Communications Technical Analysis Modules

Most technical analysis of Iridium Communications help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Iridium from various momentum indicators to cycle indicators. When you analyze Iridium 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.

About Iridium Communications Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iridium Communications. We use our internally-developed statistical techniques to arrive at the intrinsic value of Iridium Communications based on widely used predictive technical indicators. In general, we focus on analyzing Iridium Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Iridium Communications's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Iridium Communications's intrinsic value. In addition to deriving basic predictive indicators for Iridium Communications, we also check how macroeconomic factors affect Iridium Communications price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.01440.0113
Price To Sales Ratio6.543.38
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.
Hype
Prediction
LowEstimatedHigh
25.0027.9130.82
Details
Intrinsic
Valuation
LowRealHigh
21.1224.0330.70
Details
Naive
Forecast
LowNextHigh
24.0126.9329.84
Details
6 Analysts
Consensus
LowTargetHigh
58.8564.6771.78
Details

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In addition to having Iridium Communications in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iridium Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Diversified Telecommunication Services 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 Iridium Communications. If investors know Iridium 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 Iridium Communications 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
1.074
Dividend Share
0.54
Earnings Share
0.93
Revenue Per Share
6.697
Quarterly Revenue Growth
0.077
The market value of Iridium Communications is measured differently than its book value, which is the value of Iridium that is recorded on the company's balance sheet. Investors also form their own opinion of Iridium Communications' value that differs from its market value or its book value, called intrinsic value, which is Iridium Communications' 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 Iridium Communications' market value can be influenced by many factors that don't directly affect Iridium Communications' 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 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. However, Iridium Communications' 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.