Iris Energy Stock Performance

IREN Stock  USD 14.27  1.34  10.36%   
Iris Energy holds a performance score of 13 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 4.88, 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, Iris Energy will likely underperform. Use Iris Energy downside variance, and the relationship between the sortino ratio and accumulation distribution , to analyze future returns on Iris Energy.

Risk-Adjusted Performance

13 of 100

 
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Compared to the overall equity markets, risk-adjusted returns on investments in Iris Energy are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of very uncertain technical and fundamental indicators, Iris Energy displayed solid returns over the last few months and may actually be approaching a breakup point. ...more

Actual Historical Performance (%)

One Day Return
2.46
Five Day Return
3.27
Year To Date Return
90.15
Ten Year Return
(47.12)
All Time Return
(47.12)
1
Iris Energys Options A Look at What the Big Money is Thinking
11/14/2024
2
Levi Korsinsky Reminds Iris Energy Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 6, 2024 - IREN
11/18/2024
3
IREN LAWSUIT ALERT Levi Korsinsky Notifies Iris Energy Limited Investors of a Class Action Lawsuit and Upcoming Deadline
11/20/2024
4
Iris Energy Ltd Q1 2025 Earnings Report Preview What To Expect
11/25/2024
5
Iris Energy reports Q1 results
11/26/2024
6
Iris Energy Ltd Q1 2025 Earnings Call Highlights Strategic Expansion and Strong ...
11/27/2024
7
Iris Energy Limited Price Target Raised to 20 by Roth MKM Amid Accelerated Growth Plans and Strategic Investments
11/29/2024
8
Iris Energy Limited Investors Please contact the Portnoy Law Firm to recover your losses. ...
12/02/2024
Begin Period Cash Flow68.9 M
  

Iris Energy Relative Risk vs. Return Landscape

If you would invest  677.00  in Iris Energy on September 5, 2024 and sell it today you would earn a total of  616.00  from holding Iris Energy or generate 90.99% return on investment over 90 days. Iris Energy is currently generating 1.2926% in daily expected returns and assumes 7.7508% risk (volatility on return distribution) over the 90 days horizon. In different words, 69% of stocks are less volatile than Iris, and 75% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Iris Energy is expected to generate 10.4 times more return on investment than the market. However, the company is 10.4 times more volatile than its market benchmark. It trades about 0.17 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.21 per unit of risk.

Iris Energy Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Iris Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Iris Energy, and traders can use it to determine the average amount a Iris Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1668

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Estimated Market Risk

 7.75
  actual daily
69
69% of assets are less volatile

Expected Return

 1.29
  actual daily
25
75% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Iris Energy is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Iris Energy by adding it to a well-diversified portfolio.

Iris Energy Fundamentals Growth

Iris Stock prices reflect investors' perceptions of the future prospects and financial health of Iris Energy, and Iris Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Iris Stock performance.

About Iris Energy Performance

By examining Iris Energy's fundamental ratios, stakeholders can obtain critical insights into Iris Energy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Iris Energy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 20.18  21.19 
Return On Tangible Assets(0.03)(0.03)
Return On Capital Employed(0.02)(0.03)
Return On Assets(0.03)(0.03)
Return On Equity(0.03)(0.03)

Things to note about Iris Energy performance evaluation

Checking the ongoing alerts about Iris Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Iris Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Iris Energy is way too risky over 90 days horizon
Iris Energy appears to be risky and price may revert if volatility continues
Iris Energy has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 188.76 M. Net Loss for the year was (28.95 M) with profit before overhead, payroll, taxes, and interest of 57.61 M.
Latest headline from gurufocus.com: Iris Energy Limited Investors Please contact the Portnoy Law Firm to recover your losses. ...
Evaluating Iris Energy's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Iris Energy's stock performance include:
  • Analyzing Iris Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Iris Energy's stock is overvalued or undervalued compared to its peers.
  • Examining Iris Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Iris Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Iris Energy's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Iris Energy's stock. These opinions can provide insight into Iris Energy's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Iris Energy's stock performance is not an exact science, and many factors can impact Iris Energy's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Iris Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Iris Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iris Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iris Energy Stock:
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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
(0.48)
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.