Iron Road Limited Stock Today
| IRNRF Stock | USD 0.03 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 66
|
Iron Road is trading at 0.0346 as of the 25th of April 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.0346. Iron Road has more than 66 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Iron Road Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2023 and ending today, the 25th of April 2024. Click here to learn more.
Iron Road Limited explores for and evaluates iron ore properties in Australia. Iron Road Limited is a subsidiary of Sentient Executive GP IV, Limited. Iron Road operates under Steel classification in the United States and is traded on OTC Exchange. The company has 803.44 M outstanding shares. More on Iron Road Limited
Moving against Iron Pink Sheet
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| 0.85 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.84 | STLD | Steel Dynamics Financial Report 17th of July 2024 | PairCorr |
| 0.8 | PH | Parker Hannifin Earnings Call This Week | PairCorr |
| 0.66 | NUE | Nucor Corp | PairCorr |
| 0.57 | GGBR4 | Gerdau SA Split | PairCorr |
| 0.45 | PPERF | Bank Mandiri Persero | PairCorr |
Follow Valuation Odds of Bankruptcy
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Iron Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Iron Road's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Iron Road or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Peter Cassidy |
| Business Concentration | Steel, Basic Materials (View all Sectors) |
Iron Road Limited [IRNRF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Micro-Cap' category with a current market capitalization of 72.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Iron Road's market, we take the total number of its shares issued and multiply it by Iron Road's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Iron Road Limited classifies itself under Basic Materials sector and is part of Steel industry. The entity has 803.44 M outstanding shares.
Iron Road Limited has accumulated about 1.89 M in cash with (2.93 M) of positive cash flow from operations.
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Ownership AllocationIron Road Limited has a total of 803.44 Million outstanding shares. The majority of Iron Road Limited outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Iron Road to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Iron Road Limited. Please pay attention to any change in the institutional holdings of Iron Road Limited as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Iron Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Iron Road jumping above the current price in 90 days from now is about 77.31%. The Iron Road Limited probability density function shows the probability of Iron Road pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Iron Road Limited has a beta of -0.2405. This usually indicates as returns on the benchmark increase, returns on holding Iron Road are expected to decrease at a much lower rate. During a bear market, however, Iron Road Limited is likely to outperform the market. Additionally, iron Road Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Iron Road to move above the current price in 90 days from now is about 77.31 (This Iron Road Limited probability density function shows the probability of Iron Pink Sheet to fall within a particular range of prices over 90 days) .
Iron Road Limited Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Iron Road market risk premium is the additional return an investor will receive from holding Iron Road 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 Iron Road. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Iron Road's alpha and beta are two of the key measurements used to evaluate Iron Road's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9315 | |||
| Standard Deviation | 3.84 | |||
| Variance | 14.76 | |||
| Risk Adjusted Performance | (0.07) |
Iron Stock Against Markets
Picking the right benchmark for Iron Road pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Iron Road pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Iron Road is critical whether you are bullish or bearish towards Iron Road Limited at a given time. Please also check how Iron Road's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Iron Road without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Iron Road Corporate Directors
Iron Road corporate directors refer to members of an Iron Road board of directors. The board of directors generally takes responsibility for the Iron Road's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Iron Road's board members must vote for the resolution. The Iron Road board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Glen Chipman | Non-Executive Director | Profile | |
| Ian MastertonHume | Non-Executive Director | Profile | |
| Leigh Hall | Non-Executive Director | Profile | |
| Julian Gosse | Non-Executive Director | Profile |
How to buy Iron Pink Sheet?
Before investing in Iron Road, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Iron Road. To buy Iron Road stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Iron Road. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Iron Road stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Iron Road Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Iron Road Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Iron Road Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Iron Road Limited?
The danger of trading Iron Road Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Iron Road is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Iron Road. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Iron Road Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iron Road Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Iron Pink Sheet analysis
When running Iron Road's price analysis, check to measure Iron Road's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iron Road is operating at the current time. Most of Iron Road's value examination focuses on studying past and present price action to predict the probability of Iron Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iron Road's price. Additionally, you may evaluate how the addition of Iron Road to your portfolios can decrease your overall portfolio volatility.
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