Iren Stock Market Value
| IREN Stock | USD 18.73 1.98 9.56% |
| Symbol | IREN |
IREN Price To Book Ratio
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.
Quarterly Earnings Growth 0.429 | Earnings Share (0.31) | Revenue Per Share | Quarterly Revenue Growth 1.725 | Return On Assets |
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.
IREN 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IREN's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IREN.
| 05/21/2025 |
| 08/19/2025 |
If you would invest 0.00 in IREN on May 21, 2025 and sell it all today you would earn a total of 0.00 from holding IREN or generate 0.0% return on investment in IREN over 90 days. IREN is related to or competes with X-FAB Silicon, Air Products, CVR Partners, Titan America, Alto Ingredients, and Sensient Technologies. Iris Energy Limited owns and operates bitcoin mining data centers in Canada, the United States, and the Asia-Pacific More
IREN Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IREN's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess IREN upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.33 | |||
| Information Ratio | 0.3404 | |||
| Maximum Drawdown | 16.88 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 8.52 |
IREN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IREN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IREN's standard deviation. In reality, there are many statistical measures that can use IREN historical prices to predict the future IREN's volatility.| Risk Adjusted Performance | 0.2679 | |||
| Jensen Alpha | 1.28 | |||
| Total Risk Alpha | 0.9852 | |||
| Sortino Ratio | 0.4333 | |||
| Treynor Ratio | 0.5504 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IREN'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.
IREN Backtested Returns
IREN is not too volatile given 3 months investment horizon. IREN holds Efficiency (Sharpe) Ratio of 0.3, which attests that the entity had a 0.3 % return per unit of return volatility over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.31% are justified by taking the suggested risk. Use IREN Semi Deviation of 2.55, risk adjusted performance of 0.2679, and Market Risk Adjusted Performance of 0.5604 to evaluate company specific risk that cannot be diversified away. IREN holds a performance score of 23 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.79, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, IREN will likely underperform. Use IREN value at risk, and the relationship between the jensen alpha and skewness , to analyze future returns on IREN.
Auto-correlation | 0.64 |
Good predictability
IREN has good predictability. Overlapping area represents the amount of predictability between IREN time series from 21st of May 2025 to 5th of July 2025 and 5th of July 2025 to 19th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of IREN price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current IREN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 1.38 |
IREN lagged returns against current returns
Autocorrelation, which is IREN stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IREN's stock expected returns. We can calculate the autocorrelation of IREN returns to help us make a trade decision. For example, suppose you find that IREN has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IREN regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IREN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IREN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IREN stock over time.
Current vs Lagged Prices |
| Timeline |
IREN Lagged Returns
When evaluating IREN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IREN stock have on its future price. IREN autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IREN autocorrelation shows the relationship between IREN stock current value and its past values and can show if there is a momentum factor associated with investing in IREN.
Regressed Prices |
| Timeline |
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 together with IREN Stock
Moving against IREN Stock
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 IREN Correlation, IREN Volatility and IREN Alpha and Beta module to complement your research on IREN. To learn how to invest in IREN Stock, please use our How to Invest in IREN guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
IREN 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.