Iris Energy Ownership
| IREN Stock | USD 10.10 0.31 2.98% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Iris |
Iris Stock Ownership Analysis
About 45.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.74. Some equities with similar Price to Book (P/B) outperform the market in the long run. Iris Energy recorded a loss per share of 0.29. The entity had not issued any dividends in recent years. 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. To learn more about Iris Energy call William Roberts at 61 2 7906 8301 or check out https://iren.com.Besides selling stocks to institutional investors, Iris Energy also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Iris Energy's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Iris Energy's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Iris Energy Quarterly Liabilities And Stockholders Equity |
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About 7.0% of Iris Energy are currently held by insiders. Unlike Iris Energy's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Iris Energy's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Iris Energy's insider trades
Iris Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Iris Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Iris Energy backward and forwards among themselves. Iris Energy's institutional investor refers to the entity that pools money to purchase Iris Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Vident Advisory, Llc | 2024-06-30 | 2.1 M | Qube Research & Technologies | 2024-06-30 | 1.8 M | D1 Capital Partners L.p. | 2024-09-30 | 1.5 M | Voloridge Investment Management, Llc | 2024-06-30 | 1.5 M | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 1.4 M | Soros Capital Management Llc | 2024-06-30 | 1.3 M | Capital Fund Management Sa | 2024-09-30 | 1.2 M | Van Eck Associates Corporation | 2024-06-30 | 1 M | Simplex Trading, Llc | 2024-06-30 | 1 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 8.6 M | Moore Capital Management, Lp | 2024-06-30 | 5.5 M |
Iris Energy Corporate Filings
6K | 6th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 29th of August 2024 Other Reports | ViewVerify | |
| 28th of August 2024 Other Reports | ViewVerify | |
| 3rd of July 2024 Other Reports | ViewVerify |
Pair Trading with Iris Energy
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 Iris Energy 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 Iris Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Iris Stock
| 0.7 | AC | Associated Capital | PairCorr |
| 0.87 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.78 | MC | Moelis | PairCorr |
| 0.88 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
Moving against Iris Stock
| 0.53 | PT | Pintec Technology | PairCorr |
| 0.53 | XP | Xp Inc Downward Rally | PairCorr |
| 0.47 | GROW | US Global Investors | PairCorr |
The ability to find closely correlated positions to Iris Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Iris Energy 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 Iris Energy - 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 Iris Energy to buy it.
The correlation of Iris Energy 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 Iris Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Iris Energy 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 Iris Energy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iris Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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 Iris Energy. If investors know Iris 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 Iris Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 1.894 | Quarterly Revenue Growth 0.679 | Return On Assets (0.02) | Return On Equity (0.04) |
The market value of Iris Energy is measured differently than its book value, which is the value of Iris that is recorded on the company's balance sheet. Investors also form their own opinion of Iris Energy's value that differs from its market value or its book value, called intrinsic value, which is Iris Energy'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 Iris Energy's market value can be influenced by many factors that don't directly affect Iris Energy'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 Iris Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iris Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iris Energy'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.