Iridium Communications (Germany) Today
| 6IC Stock | 27.39 0.23 0.85% |
Performance0 of 100
| Odds Of DistressOver 56
|
Iridium Communications is selling for under 27.39 as of the 30th of April 2024; that is 0.85 percent up since the beginning of the trading day. The stock's last reported lowest price was 27.39. Iridium Communications has over 56 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Iridium Communications are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Moving together with Iridium Stock
| 0.84 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.85 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.83 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.84 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.85 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.84 | APC | Apple Inc Earnings Call This Week | PairCorr |
Moving against Iridium Stock
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| 0.55 | MSF | Microsoft | PairCorr |
| 0.55 | MSF | Microsoft | PairCorr |
| 0.55 | MSF | Microsoft | PairCorr |
| 0.54 | MSF | Microsoft | PairCorr |
| 0.41 | GSR | Gossan Resources | PairCorr |
Follow Valuation Odds of Bankruptcy
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Iridium Communications Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing 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. Although Iridium Communications' alpha and beta are two of the key measurements used to evaluate Iridium Communications' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.85 | |||
| Standard Deviation | 2.86 | |||
| Variance | 8.16 | |||
| Risk Adjusted Performance | (0.05) |
Iridium Stock Against Markets
Picking the right benchmark for Iridium Communications stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Iridium Communications stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Iridium Communications is critical whether you are bullish or bearish towards Iridium Communications at a given time. Please also check how Iridium Communications' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Iridium Communications without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Iridium Stock?
Before investing in Iridium Communications, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Iridium Communications. To buy Iridium Communications stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Iridium Communications. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Iridium Communications stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Iridium Communications stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Iridium Communications stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Iridium Communications, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Iridium Stock please use our How to Invest in Iridium Communications guide.
Already Invested in Iridium Communications?
The danger of trading Iridium Communications is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Iridium Communications is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Iridium Communications. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Iridium Communications is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Trending Equities 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 tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Iridium Stock please use our How to Invest in Iridium Communications guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Iridium Stock analysis
When running Iridium Communications' price analysis, check to measure Iridium Communications' 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 Iridium Communications is operating at the current time. Most of Iridium Communications' value examination focuses on studying past and present price action to predict the probability of Iridium Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iridium Communications' price. Additionally, you may evaluate how the addition of Iridium Communications to your portfolios can decrease your overall portfolio volatility.
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