Idacorp Stock Pattern Recognition Three Stars In The South

IDA Stock  USD 118.74  0.85  0.72%   
IDACORP pattern recognition tool provides the execution environment for running the Three Stars In The South recognition and other technical functions against IDACORP. IDACORP 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 pattern recognition indicators. As with most other technical indicators, the Three Stars In The South recognition function is designed to identify and follow existing trends. IDACORP momentum indicators are usually used to generate trading rules based on assumptions that IDACORP trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. The Three Stars In the South pattern shows the slowdown of IDACORP particular trend.

IDACORP Technical Analysis Modules

Most technical analysis of IDACORP 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 IDACORP from various momentum indicators to cycle indicators. When you analyze IDACORP 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 IDACORP 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 IDACORP. We use our internally-developed statistical techniques to arrive at the intrinsic value of IDACORP based on widely used predictive technical indicators. In general, we focus on analyzing IDACORP Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IDACORP's daily price indicators and compare them against related drivers, such as pattern recognition 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 IDACORP's intrinsic value. In addition to deriving basic predictive indicators for IDACORP, we also check how macroeconomic factors affect IDACORP price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02550.02820.03280.0452
Price To Sales Ratio3.933.322.821.69
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IDACORP's 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
118.18119.19120.20
Details
Intrinsic
Valuation
LowRealHigh
106.87122.59123.60
Details
8 Analysts
Consensus
LowTargetHigh
100.65110.60122.77
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.341.351.36
Details

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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether IDACORP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IDACORP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Idacorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Idacorp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDACORP. 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.
For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Electric Utilities 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 IDACORP. If investors know IDACORP 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 IDACORP 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
0.024
Dividend Share
3.32
Earnings Share
5.47
Revenue Per Share
35.553
Quarterly Revenue Growth
0.034
The market value of IDACORP is measured differently than its book value, which is the value of IDACORP that is recorded on the company's balance sheet. Investors also form their own opinion of IDACORP's value that differs from its market value or its book value, called intrinsic value, which is IDACORP'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 IDACORP's market value can be influenced by many factors that don't directly affect IDACORP'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 IDACORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDACORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDACORP'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.