Iris Energy Stock Alpha and Beta Analysis
| IREN Stock | USD 10.10 0.31 2.98% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Iris Energy. It also helps investors analyze the systematic and unsystematic risks associated with investing in Iris Energy over a specified time horizon. Remember, high Iris Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Iris Energy's market risk premium analysis include:
Beta 5.66 | Alpha 0.0758 | Risk 7.09 | Sharpe Ratio 0.0685 | Expected Return 0.49 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Iris |
Iris Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Iris Energy market risk premium is the additional return an investor will receive from holding Iris Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Iris Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Iris Energy's performance over market.| α | 0.08 | β | 5.66 |
Iris Energy expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Iris Energy's Buy-and-hold return. Our buy-and-hold chart shows how Iris Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Iris Energy Market Price Analysis
Market price analysis indicators help investors to evaluate how Iris Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Iris Energy shares will generate the highest return on investment. By understating and applying Iris Energy stock market price indicators, traders can identify Iris Energy position entry and exit signals to maximize returns.
Iris Energy Return and Market Media
The median price of Iris Energy for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 is 8.62 with a coefficient of variation of 15.53. The daily time series for the period is distributed with a sample standard deviation of 1.36, arithmetic mean of 8.77, and mean deviation of 1.07. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Shareholders That Lost Money on Iris Energy Limited Should Contact Levi Korsinsky About Pending Class Action - IREN | 11/04/2024 |
2 | IREN LAWSUIT ALERT Levi Korsinsky Notifies Iris Energy Limited Investors of a Class Action Lawsuit and Upcoming Deadline | 11/08/2024 |
3 | Iris Energy Limited Receives Consensus Rating of Buy from Analysts | 11/12/2024 |
4 | The Schall Law Firm Wants Shareholders To Join A Securities Fraud Case Against Iris Energy Limited | 11/13/2024 |
5 | Levi Korsinsky Reminds Iris Energy Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 6, 2024 - IREN | 11/14/2024 |
6 | The Schall Law Firm Invites Shareholders With Losses To Join A Securities Fraud Case Against Iris Energy Limited | 11/15/2024 |
7 | Levi Korsinsky Reminds Iris Energy Limited Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 6, 2024 - IREN | 11/18/2024 |
8 | December 6, 2024 Deadline Contact Levi Korsinsky to Join Class Action Suit Against IREN | 11/19/2024 |
About Iris Energy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Iris or other stocks. Alpha measures the amount that position in Iris Energy has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Payables Turnover | 0.81 | 0.77 | Days Of Inventory On Hand | 20.18 | 21.19 |
Iris Energy Upcoming Company Events
As portrayed in its financial statements, the presentation of Iris Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Iris Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Iris Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Iris Energy. Please utilize our Beneish M Score to check the likelihood of Iris Energy's management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 11th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Build Portfolio with Iris Energy
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Align your risk with return expectations
Check out Iris Energy Backtesting, Iris Energy Valuation, Iris Energy Correlation, Iris Energy Hype Analysis, Iris Energy Volatility, Iris Energy History and analyze Iris Energy Performance. To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Iris Energy 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.