Iris Energy Stock Price Prediction

IREN Stock  USD 15.39  1.24  8.76%   
As of today, The relative strength index (RSI) of Iris Energy's share price is at 54. This usually indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Iris Energy, making its price go up or down.

Oversold Vs Overbought

54

 
Oversold
 
Overbought
The successful prediction of Iris Energy's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Iris Energy, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Iris Energy's stock price prediction:
EPS Estimate Next Quarter
0.06
EPS Estimate Current Year
(0.03)
EPS Estimate Next Year
1.13
Wall Street Target Price
17.9444
EPS Estimate Current Quarter
(0.07)
Using Iris Energy hype-based prediction, you can estimate the value of Iris Energy from the perspective of Iris Energy response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Iris Energy to buy its stock at a price that has no basis in reality. In that case, they are not buying Iris because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Iris Energy after-hype prediction price

    
  USD 16.87  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Iris Energy Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Iris Energy'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.
Intrinsic
Valuation
LowRealHigh
4.5112.2720.03
Details
10 Analysts
Consensus
LowTargetHigh
9.8210.7911.98
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.040.04
Details

Iris Energy After-Hype Price Prediction Density Analysis

As far as predicting the price of Iris Energy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Iris Energy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Iris Energy, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Iris Energy Estimiated After-Hype Price Volatility

In the context of predicting Iris Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Iris Energy's historical news coverage. Iris Energy's after-hype downside and upside margins for the prediction period are 9.11 and 24.63, respectively. We have considered Iris Energy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
15.39
16.87
After-hype Price
24.63
Upside
Iris Energy is slightly risky at this time. Analysis and calculation of next after-hype price of Iris Energy is based on 3 months time horizon.

Iris Energy Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company 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. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Iris Energy, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.46 
7.70
  1.45 
  0.38 
9 Events / Month
5 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
15.39
16.87
9.62 
777.78  
Notes

Iris Energy Hype Timeline

Iris Energy is currently traded for 15.39. The entity has historical hype elasticity of 1.45, and average elasticity to hype of competition of 0.38. Iris is forecasted to increase in value after the next headline, with the price projected to jump to 16.87 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 9.62%, whereas the daily expected return is currently at 1.46%. The volatility of related hype on Iris Energy is about 2990.29%, with the expected price after the next announcement by competition of 15.77. The company has return on total asset (ROA) of (0.0229) % which means that it has lost $0.0229 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0413) %, meaning that it created substantial loss on money invested by shareholders. Iris Energy's management efficiency ratios could be used to measure how well Iris Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 7th of December 2024, Return On Tangible Assets is likely to drop to -0.03. In addition to that, Return On Capital Employed is likely to drop to -0.03. At this time, Iris Energy's Intangible Assets are very stable compared to the past year. As of the 7th of December 2024, Debt To Assets is likely to grow to 0.20, while Other Assets are likely to drop about 402 K. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days.
Check out Iris Energy Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.

Iris Energy Related Hype Analysis

Having access to credible news sources related to Iris Energy's direct competition is more important than ever and may enhance your ability to predict Iris Energy's future price movements. Getting to know how Iris Energy's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Iris Energy may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
MAHNMid Atlantic Home Health 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
FSPFranklin Street Properties(0.06)7 per month 2.56 (0) 4.44 (4.32) 14.81 
GNTXGentex(0.36)12 per month 0.00 (0.11) 2.24 (2.01) 7.93 
BCBrunswick(0.47)9 per month 1.84 (0.05) 3.84 (2.97) 11.27 
BWABorgWarner 0.72 11 per month 1.71 (0.04) 2.85 (2.88) 7.85 
DOOOBRP Inc(0.49)8 per month 0.00 (0.21) 2.43 (4.79) 12.05 
HPPHudson Pacific Properties 0.11 8 per month 0.00 (0.15) 6.35 (6.56) 16.57 
PCARPACCAR Inc 2.61 9 per month 1.09  0.13  3.32 (1.71) 10.18 

Iris Energy Additional Predictive Modules

Most predictive techniques to examine Iris price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Iris using various technical indicators. When you analyze Iris charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Iris Energy Predictive Indicators

The successful prediction of Iris Energy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Iris Energy, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Iris Energy based on analysis of Iris Energy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Iris Energy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Iris Energy's related companies.
 2023 2024 (projected)
Payables Turnover0.810.77
Days Of Inventory On Hand20.1821.19

Story Coverage note for Iris Energy

The number of cover stories for Iris Energy depends on current market conditions and Iris Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Iris Energy is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Iris Energy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Iris Energy Short Properties

Iris Energy's future price predictability will typically decrease when Iris Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Iris Energy often depends not only on the future outlook of the potential Iris Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Iris Energy's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding99.6 M
Cash And Short Term Investments411.1 M
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 Iris Energy Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.