Iris Energy Stock Alpha and Beta Analysis

IREN Stock  USD 15.39  1.24  8.76%   
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
4.68
Alpha
0.81
Risk
7.71
Sharpe Ratio
0.18
Expected Return
1.35
Please note that although Iris Energy alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Iris Energy did 0.81  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Iris Energy stock's relative risk over its benchmark. Iris Energy has a beta of 4.68  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Iris Energy will likely underperform. At this time, Iris Energy's Book Value Per Share is very stable compared to the past year. As of the 6th of December 2024, Tangible Book Value Per Share is likely to grow to 11.56, while Enterprise Value Over EBITDA is likely to drop 31.96.

Enterprise Value

781.17 Million

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.
  
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.

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.
α0.81   β4.68

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 Sat, Sep 7, 2024 and Fri, Dec 6, 2024 is 9.05 with a coefficient of variation of 19.77. The daily time series for the period is distributed with a sample standard deviation of 1.85, arithmetic mean of 9.38, and mean deviation of 1.47. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Levi Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of December 6, 2024 in Iris Energy Lawsuit - IREN
11/19/2024
2
IRIS ENERGY CLASS ACTION NOTICE Berger Montague Encourages Investors With ...
11/25/2024
3
Iris Energy Ltd Q1 2025 Earnings Call Highlights Strategic Expansion and Strong ...
11/27/2024
4
Investors Purchase Large Volume of Call Options on Iris Energy
11/29/2024
5
IREN capacity increased by 33 percent to 28 EHs
12/02/2024
6
DEADLINE THIS WEEK Berger Montague Advises Iris Energy Limited Investors to ...
12/03/2024
7
FRIDAY INVESTOR DEADLINE Robbins Geller Rudman Dowd LLP Announces that Iris Energy ...
12/04/2024

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 Turnover0.810.77
Days Of Inventory On Hand20.1821.19

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

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.
A focus of Iris Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Iris Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...