Iaa Story

<div class='circular--portrait' style='background:#000000;color: #f2f2f2;font-size:3em;'>IAA</div>
IAA -- USA Stock  

USD 60.00  0.61  1.03%

It appears Iaa will continue to recover much faster as its share price surged up 2.63% today. Iaa's current daily volatility is 1.39 percent, with a beta of 0.0 and an alpha of 0.36 over DOW. While some baby boomers are getting worried about current market swings, it is reasonable to go over Iaa Inc. We will evaluate why recent Iaa price moves suggest a bounce in December.
Published over a month ago
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Should we continue shadow Iaa (NYSE:IAA) executives?
Iaa Inc has roughly 187 M in cash with 326.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.39. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Iaa has an asset utilization ratio of 83.83 percent. This suggests that the company is making $0.84 for each dollar of assets. An increasing asset utilization means that Iaa Inc is more efficient with each dollar of assets it utilizes for everyday operations.
Investing in Iaa, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Iaa along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

How important is Iaa's Liquidity

Iaa financial leverage refers to using borrowed capital as a funding source to finance Iaa Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Iaa financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Iaa's total debt and its cash.

How Iaa utilizes its cash?

To perform a cash flow analysis of Iaa, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Iaa is receiving and how much cash it distributes out in a given period. The Iaa cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Iaa Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 201.3 Million

Iaa Correlation with Peers

Investors in Iaa can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Iaa Inc. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Iaa and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Iaa is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Iaa for more details

Payment of tradable shares by Carlson Christopher of Iaa subject to Rule 16b-3

Legal trades by Iaa insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Iaa insider trading alert for payment of common stock by Carlson Christopher, VP and Corporate Controller, on 30th of October 2020. This event was filed by Iaa Inc with SEC on 2020-10-30. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down the case for Iaa

Iaa appears to be very steady, given 1 month investment horizon. Iaa Inc holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had 0.25% of return per unit of risk over the last month. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Iaa Inc, which you can use to evaluate future volatility of the firm. Please utilize Iaa Market Risk Adjusted Performance of (213.45), risk adjusted performance of 0.2718, and Downside Deviation of 1.47 to validate if our risk estimates are consistent with your expectations.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Will Iaa current rise continue?

The total risk alpha is down to 0.38 as of today. Iaa Inc has relatively low volatility with skewness of 0.16 and kurtosis of 0.35. However, we advise all investors to independently investigate Iaa Inc to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Our Final Take On Iaa

Whereas many of the other players within the specialty business services industry are still a little expensive, even after the recent corrections, Iaa may offer a potential longer-term growth to investors. To conclude, as of the 2nd of November 2020, our present 30 days buy-sell recommendation on the company is Hold. We believe Iaa is overvalued with below average probability of distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Iaa Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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