FILTRIX Logo FILTRIX Find Your Edge →

Latest signal:

IRDM Stock Analysis

Data source: Trade-Ideas Alerts | 2 alerts analyzed | Backtest period: 2024-06-21 → 2024-08-02

⚠️ Small sample size (2 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Iridium Communications Inc. COMMUNICATIONS SERVICES, NEC (SIC 4899)
📍 NASDAQ 📅 IPO: Mar 20, 2008 🔗 www.iridium.com
💰 Market Cap: $2.28B 👥 Employees: 881
Iridium Communications Inc is the commercial provider of communications services offering true globalised coverage, connecting people, organizations and assets to and from anywhere, in real time. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies world-wide. The Company operates in one business segment, providing satellite communications services and products.
📊
2
Total Alerts
🎯
50.0%
Win Rate (5MIN)
💰
-0.56%
Avg Gain (5MIN)
🚀
+0.95%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 50.0%
Avg Gain: -0.56%
Avg Winner: +0.36%
Avg Loser: -1.49%
Best: +0.36%
Worst: -1.49%
Trades: 1/1

15MIN

Win Rate: 50.0%
Avg Gain: -0.40%
Avg Winner: +0.76%
Avg Loser: -1.56%
Best: +0.76%
Worst: -1.56%
Trades: 1/1

30MIN

Win Rate: 50.0%
Avg Gain: -0.20%
Avg Winner: +0.38%
Avg Loser: -0.79%
Best: +0.38%
Worst: -0.79%
Trades: 1/1

60MIN

Win Rate: 50.0%
Avg Gain: -0.58%
Avg Winner: +0.24%
Avg Loser: -1.40%
Best: +0.24%
Worst: -1.40%
Trades: 1/1

EOD (End of Day)

Win Rate: 50.0%
Avg Gain: -0.03%
Avg Winner: +0.93%
Avg Loser: -0.98%
Best: +0.93%
Worst: -0.98%
Trades: 1/1

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +0.95%
Best MFE: +1.51%
Avg Time to MFE: 18 min

On average, IRDM alerts reach +0.95% profit potential within 18 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.67%
Worst MAE: -2.14%
Avg Time to MAE: 6 min

Before reaching MFE, expect an average drawdown of 0.67%.

⚖️ Risk/Reward Ratio

1.42:1

Good risk/reward - favorable for momentum trading.

💡 Trading Insight: Based on 2 alerts, IRDM typically reaches +0.95% profit before pulling back. Consider setting profit targets around 0.8% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 2
Gap Up % 50.0%
Avg Gap +0.23%
Best Gap +0.93%

🏭 Sector Comparison: COMMUNICATIONS SERVICES, NEC

How IRDM compares to 12 other tickers in the same sector.

5-Min Gain
IRDM: -0.56% Sector: -0.36% -0.20%
EOD Gain
IRDM: -0.03% Sector: +404.57% -404.60%
Avg MFE
IRDM: +0.95% Sector: +6.49% -5.54%

📋 Last 20 Alerts

Historical IRDM alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-08-02 09:29:55 $28.51 -1.49% -1.56% -0.79% -1.40% -0.98% +0.39% -2.14% -0.46% LOSS
2024-06-21 09:28:54 $24.84 +0.36% +0.76% +0.38% +0.24% +0.93% +1.51% +0.81% +0.93% WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ IRDM Shows Negative Expectancy

With 50.0% win rate and -0.56% average gain, IRDM alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider IRDM for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze IRDM with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for IRDM. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, IRDM historically offers an average upside of +0.95% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 IRDM Momentum Personality

With a baseline win rate of 50.0%, IRDM shows negative momentum - the stock tends to fade after alerts. This pattern suggests IRDM may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: IRDM shows negative expectancy across all tested intraday timeframes (Best: 5MIN at -0.56%). This suggests IRDM is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.