Iridium Communications Stock Alpha and Beta Analysis
| IRDM Stock | USD 29.40 0.93 3.27% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Iridium Communications. It also helps investors analyze the systematic and unsystematic risks associated with investing in Iridium Communications over a specified time horizon. Remember, high Iridium Communications' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Iridium Communications' market risk premium analysis include:
Beta 0.62 | Alpha 0.13 | Risk 2.92 | Sharpe Ratio 0.0797 | Expected Return 0.23 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Iridium |
Iridium Communications Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Iridium Communications market risk premium is the additional return an investor will receive from holding Iridium Communications long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Iridium Communications. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Iridium Communications' performance over market.| α | 0.13 | β | 0.62 |
Iridium Communications expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Iridium Communications' Buy-and-hold return. Our buy-and-hold chart shows how Iridium Communications performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Iridium Communications Market Price Analysis
Market price analysis indicators help investors to evaluate how Iridium Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Iridium Communications shares will generate the highest return on investment. By understating and applying Iridium Communications stock market price indicators, traders can identify Iridium Communications position entry and exit signals to maximize returns.
Iridium Communications Return and Market Media
The median price of Iridium Communications for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 29.4 with a coefficient of variation of 5.92. The daily time series for the period is distributed with a sample standard deviation of 1.7, arithmetic mean of 28.81, and mean deviation of 1.38. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 4484 shares by Matthew Desch of Iridium Communications at 25.8 subject to Rule 16b-3 | 08/30/2024 |
| Iridium Communications dividend paid on 30th of September 2024 | 09/30/2024 |
2 | Iridium Communications Inc. Director Sells 1,127,253.45 in Stock | 10/24/2024 |
3 | Weave Communications earnings beat by 0.03, revenue topped estimates | 10/30/2024 |
4 | Frontier Communications Comments on ISS and Glass Lewis Recommendations | 11/07/2024 |
5 | Tokyo Communications GroupInc Third Quarter 2024 Earnings JP10.72 loss per share | 11/11/2024 |
6 | eGain Communications Non-GAAP EPS of 0.04 beats by 0.03, revenue of 21.8M beats by 0.12M | 11/12/2024 |
7 | Millennium Partners, L.P. UK Regulatory Announcement Form 8.3 - Spirent Communications plc | 11/14/2024 |
8 | Weak Statutory Earnings May Not Tell The Whole Story For Japan Communications | 11/15/2024 |
9 | China Communications Construction Company Limited stock most popular amongst private companies who own 60, while individual investors hold 34 | 11/19/2024 |
10 | 16 Essential Elements Of A Successful Crisis Communications Plan | 11/20/2024 |
11 | Hytera Communications shareholder returns have been strong, earning 282 percent in 3 years | 11/22/2024 |
About Iridium Communications Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Iridium or other stocks. Alpha measures the amount that position in Iridium Communications has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.0144 | 0.0113 | Price To Sales Ratio | 6.54 | 3.38 |
Iridium Communications Upcoming Company Events
As portrayed in its financial statements, the presentation of Iridium Communications' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Iridium Communications' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Iridium Communications' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Iridium Communications. Please utilize our Beneish M Score to check the likelihood of Iridium Communications' management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 18th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Iridium Communications
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Iridium Communications Backtesting, Iridium Communications Valuation, Iridium Communications Correlation, Iridium Communications Hype Analysis, Iridium Communications Volatility, Iridium Communications History and analyze Iridium Communications Performance. To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Iridium Communications 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.