Interdigital Stock Price on June 4, 2021
| IDCC Stock | USD 99.66 0.73 0.74% |
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 99.66, as last reported on the 25th of April, with the highest price reaching 100.13 and the lowest price hitting 98.79 during the day.
If you're considering investing in InterDigital Stock, it is important to understand the factors that can impact its price. InterDigital holds Efficiency (Sharpe) Ratio of -0.0282, which attests that the entity had a -0.0282% return per unit of risk over the last 3 months. InterDigital exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out InterDigital's Standard Deviation of 2.07, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
At present, InterDigital's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 722 K, whereas Total Stockholder Equity is forecasted to decline to about 301.1 M. . At present, InterDigital's Price To Operating Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 18.10, whereas Price To Sales Ratio is forecasted to decline to 5.04. InterDigital Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 95.0898 | 50 Day MA 103.1578 | Beta 1.335 |
InterDigital |
Sharpe Ratio = -0.0282
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| Negative Returns | IDCC |
Estimated Market Risk
| 2.14 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average InterDigital is not performing at its full potential. However, 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 InterDigital to a well-diversified portfolio.
Price Book 4.2332 | Enterprise Value Ebitda 5.8245 | Price Sales 4.4776 | Shares Float 24.9 M | Dividend Share 1.5 |
InterDigital Valuation on June 4, 2021
It is possible to determine the worth of InterDigital on a given historical date. On June 4, 2021 InterDigital was worth 60.29 at the beginning of the trading date compared to the closed value of 57.25. 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 | |
04/11/2022 | 60.29 | 61.22 | 57.25 | 57.25 | 149,100 |
| 59.99 | 60.80 | 57.44 | 57.44 | 119,283 |
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InterDigital Trading Date Momentum on June 4, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 28.1 M | 41.6 M | |
| Net Income Applicable To Common Shares | 107.7 M | 99.7 M |
InterDigital Quarterly Net Working Capital |
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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.
Price Boundaries
InterDigital Period Price Range
Low | April 11, 2022
| High |
60.29 | 57.25 |
InterDigital April 25, 2024 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
| Accumulation Distribution | 9668.85 | |||
| Daily Balance Of Power | (0.77) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 59.24 | |||
| Day Typical Price | 58.57 | |||
| Price Action Indicator | (3.50) | |||
| Period Momentum Indicator | 42.41 | |||
| Relative Strength Index | 67.05 |
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.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.06) |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterDigital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade InterDigital Stock refer to our How to Trade InterDigital Stock guide.Note that the InterDigital information on this page should be used as a complementary analysis to other InterDigital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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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Is InterDigital's industry 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 InterDigital. If investors know InterDigital 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 InterDigital 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 0.318 | Dividend Share 1.5 | Earnings Share 7.62 | Revenue Per Share 20.461 | Quarterly Revenue Growth (0.1) |
The market value of InterDigital is measured differently than its book value, which is the value of InterDigital that is recorded on the company's balance sheet. Investors also form their own opinion of InterDigital's value that differs from its market value or its book value, called intrinsic value, which is InterDigital's 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 InterDigital's market value can be influenced by many factors that don't directly affect InterDigital's 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 InterDigital's value and its price as these two are different measures arrived at by different means. Investors typically determine if InterDigital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InterDigital's 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.