Iron Mountain Incorporated Stock Probability of Future Stock Price Finishing Over 47.09
| IRM Stock | USD 74.84 1.18 1.55% |
Closest to current price Iron long CALL Option Payoff at Expiration
Iron |
Iron Mountain Target Price Odds to finish over 47.09
The tendency of Iron Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 47.09 in 90 days |
| 74.84 | 90 days | 47.09 | close to 99 |
Based on a normal probability distribution, the odds of Iron Mountain to stay above $ 47.09 in 90 days from now is close to 99 (This Iron Mountain Incorporated probability density function shows the probability of Iron Stock to fall within a particular range of prices over 90 days) . Probability of Iron Mountain rporated price to stay between $ 47.09 and its current price of $74.84 at the end of the 90-day period is about 60.0 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.76 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Iron Mountain will likely underperform. Additionally Iron Mountain Incorporated has an alpha of 0.0877, implying that it can generate a 0.0877 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Iron Mountain Price Density |
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Predictive Modules for Iron Mountain
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iron Mountain rporated. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Iron Mountain'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.
Iron Mountain Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iron Mountain is not an exception. The market had few large corrections towards the Iron Mountain's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Iron Mountain Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iron Mountain within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.09 | |
β | Beta against NYSE Composite | 1.76 | |
σ | Overall volatility | 5.79 | |
Ir | Information ratio | 0.07 |
Iron Mountain Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Iron Mountain for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iron Mountain rporated can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has 14.79 B in debt. Iron Mountain rporated has a current ratio of 0.88, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Iron Mountain until it has trouble settling it off, either with new capital or with free cash flow. So, Iron Mountain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Iron Mountain rporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Iron to invest in growth at high rates of return. When we think about Iron Mountain's use of debt, we should always consider it together with cash and equity. | |
| Over 81.0% of the company shares are owned by institutional investors | |
| On 4th of April 2024 Iron Mountain paid $ 0.65 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Iron Mountain Stock Moves -0.77 percent What You Should Know |
Iron Mountain Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Iron Stock often depends not only on the future outlook of the current and potential Iron Mountain'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. Iron Mountain's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 294 M | |
| Cash And Short Term Investments | 222.8 M |
Iron Mountain Technical Analysis
Iron Mountain's future price can be derived by breaking down and analyzing its technical indicators over time. Iron Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iron Mountain Incorporated. In general, you should focus on analyzing Iron Stock price patterns and their correlations with different microeconomic environments and drivers.
Iron Mountain Predictive Forecast Models
Iron Mountain's time-series forecasting models is one of many Iron Mountain's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Iron Mountain's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Iron Mountain rporated
Checking the ongoing alerts about Iron Mountain for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iron Mountain rporated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has 14.79 B in debt. Iron Mountain rporated has a current ratio of 0.88, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Iron Mountain until it has trouble settling it off, either with new capital or with free cash flow. So, Iron Mountain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Iron Mountain rporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Iron to invest in growth at high rates of return. When we think about Iron Mountain's use of debt, we should always consider it together with cash and equity. | |
| Over 81.0% of the company shares are owned by institutional investors | |
| On 4th of April 2024 Iron Mountain paid $ 0.65 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Iron Mountain Stock Moves -0.77 percent What You Should Know |
Check out Iron Mountain Backtesting, Iron Mountain Valuation, Iron Mountain Correlation, Iron Mountain Hype Analysis, Iron Mountain Volatility, Iron Mountain History as well as Iron Mountain Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Iron Stock analysis
When running Iron Mountain's price analysis, check to measure Iron Mountain'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 Mountain is operating at the current time. Most of Iron Mountain's value examination focuses on studying past and present price action to predict the probability of Iron Mountain'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 Mountain's price. Additionally, you may evaluate how the addition of Iron Mountain to your portfolios can decrease your overall portfolio volatility.
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| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
Is Iron Mountain's industry 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 Iron Mountain. If investors know Iron 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 Iron Mountain 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 (0.76) | Dividend Share 2.506 | Earnings Share 0.63 | Revenue Per Share 18.772 | Quarterly Revenue Growth 0.11 |
The market value of Iron Mountain rporated is measured differently than its book value, which is the value of Iron that is recorded on the company's balance sheet. Investors also form their own opinion of Iron Mountain's value that differs from its market value or its book value, called intrinsic value, which is Iron Mountain'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 Iron Mountain's market value can be influenced by many factors that don't directly affect Iron Mountain'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 Iron Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iron Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iron Mountain'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.