IREN Financial Statements From 2010 to 2026
| IREN Stock | USD 54.26 3.56 6.16% |
Check IREN financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IREN's main balance sheet or income statement drivers, such as , as well as many indicators such as . IREN financial statements analysis is a perfect complement when working with IREN Valuation or Volatility modules.
Check out the analysis of IREN Correlation against competitors. IREN Company Profit Margin Analysis
IREN's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current IREN Profit Margin | 0.76 % |
Most of IREN's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, IREN is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Based on the latest financial disclosure, IREN has a Profit Margin of 0.7599%. This is 93.48% lower than that of the Capital Markets sector and 147.49% lower than that of the Financials industry. The profit margin for all United States stocks is 159.83% lower than that of the firm.
IREN Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IREN's current stock value. Our valuation model uses many indicators to compare IREN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IREN competition to find correlations between indicators driving IREN's intrinsic value. More Info.IREN is currently regarded as number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IREN's earnings, one of the primary drivers of an investment's value.About IREN Financial Statements
IREN investors utilize fundamental indicators, such as revenue or net income, to predict how IREN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Iris Energy Limited owns and operates bitcoin mining data centers in Canada, the United States, and the Asia-Pacific. The company was incorporated in 2018 and is headquartered in Sydney, Australia. Iris Energy operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 102 people.
Pair Trading with IREN
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IREN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IREN will appreciate offsetting losses from the drop in the long position's value.Moving against IREN Stock
| 0.41 | DMYY | dMY Squared Technology | PairCorr |
| 0.39 | DHIL | Diamond Hill Investment | PairCorr |
| 0.39 | BK | Bank of New York | PairCorr |
| 0.37 | NP | Neptune Insurance | PairCorr |
| 0.37 | SDV | Chelverton UK Dividend | PairCorr |
The ability to find closely correlated positions to IREN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IREN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IREN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IREN to buy it.
The correlation of IREN is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IREN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IREN moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IREN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of IREN Correlation against competitors. To learn how to invest in IREN Stock, please use our How to Invest in IREN guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Asset Management & Custody Banks 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 IREN. If investors know IREN 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 IREN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of IREN is measured differently than its book value, which is the value of IREN that is recorded on the company's balance sheet. Investors also form their own opinion of IREN's value that differs from its market value or its book value, called intrinsic value, which is IREN'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 IREN's market value can be influenced by many factors that don't directly affect IREN'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 IREN's value and its price as these two are different measures arrived at by different means. Investors typically determine if IREN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IREN'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.