Interdigital Stock Price on December 24, 2024
IDCC Stock | USD 194.52 2.43 1.27% |
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 194.52, as last reported on the 26th of December, with the highest price reaching 195.17 and the lowest price hitting 189.91 during the day.
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 0.26, which attests that the entity had a 0.26% return per unit of risk over the last 3 months. By evaluating InterDigital's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize InterDigital's Downside Deviation of 1.53, risk adjusted performance of 0.2136, and Market Risk Adjusted Performance of 0.4097 to validate if our risk estimates are consistent with your expectations.
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 134.0338 | 50 Day MA 178.013 | Beta 1.37 |
InterDigital |
Sharpe Ratio = 0.2585
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Estimated Market Risk
1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average InterDigital is performing at about 20% 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 6.6659 | Enterprise Value Ebitda 10.6315 | Price Sales 6.7499 | Shares Float 24.8 M | Dividend Share 1.65 |
InterDigital Main Headline on 24th of December 2024
Karma collaborates with Intel to showcase the capabilities of their co-developed Software Defined Vehicle Architecture solution at CES 2025.
InterDigital Valuation on December 24, 2024
It is possible to determine the worth of InterDigital on a given historical date. On December 24, 2024 InterDigital was worth 191.2 at the beginning of the trading date compared to the closed value of 192.09. 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 | |
188.87 | 191.69 | 187.81 | 190.04 | 268,515 | |
12/24/2024 | 191.20 | 192.75 | 189.79 | 192.09 | 140,531 |
190.43 | 195.17 | 189.91 | 194.52 | 207,073 |
Backtest InterDigital | | | InterDigital History | | | InterDigital Valuation | Previous | Next |
InterDigital Trading Date Momentum on December 24, 2024
On December 26 2024 InterDigital was traded for 194.52 at the closing time. The top price for the day was 195.17 and the lowest listed price was 189.91 . The trading volume for the day was 207.1 K. The trading history from December 26, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.27% . The trading delta at closing time against the current closing price is 0.86% . |
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 | December 26, 2024
| 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 December 26, 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
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 | 0.2136 | |||
Jensen Alpha | 0.4614 | |||
Total Risk Alpha | 0.4191 | |||
Sortino Ratio | 0.3073 | |||
Treynor Ratio | 0.3997 |
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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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