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Is Iron Mountain (NYSE:IRM) a new disruptor?
 | By Rifka Kats | Macroaxis Story |
It appears without question that Iron Mountain will continue to recover much faster as its share price surged up 0.91% today. This firm current daily volatility is 2.73 percent, with a beta of 0.4 and an alpha of 0.29 over DOW. While some baby boomers are getting worried about macroaxis picks, it is reasonable to summarize Iron Mountain. We will evaluate why recent Iron Mountain price moves suggest a bounce in March.
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Reviewed by Gabriel Shpitalnik
Iron Mountain has roughly 151.97 M in cash with 945.73 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53. On a scale of 0 to 100, Iron Mountain holds a performance score of 8. The company retains a Market Volatility (i.e. Beta) of 0.397, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Iron Mountain's beta means in this case. As returns on the market increase, Iron Mountain returns are expected to increase less than the market. However, during the bear market, the loss on holding Iron Mountain will be expected to be smaller as well. Although it is vital to follow Iron Mountain current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Iron Mountain technical indicators, you can presently evaluate if the expected return of 0.33% will be sustainable into the future. Please utilizes Iron Mountain maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to make a quick decision on whether Iron Mountain current trending patterns will revert.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Iron Mountain. Your research has to be compared to or analyzed against Iron Mountain's peers to derive any actionable benefits. When done correctly, Iron Mountain's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Iron Mountain rporated.
Investing in Iron Mountain, 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 Iron Mountain 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.
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.
How important is Iron Mountain's Liquidity
Iron Mountain financial leverage refers to using borrowed capital as a funding source to finance Iron Mountain Incorporated ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Iron Mountain 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. Financial leverage can amplify the potential profits to Iron Mountain's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Iron Mountain's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Iron Mountain's total debt and its cash.
Iron Mountain Gross Profit
Iron Mountain Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Iron Mountain previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Iron Mountain Gross Profit growth over the last 10 years. Please check Iron Mountain's gross profit and other fundamental indicators for more details.
Iron Mountain Correlation with Peers
Investors in Iron can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Iron Mountain Incorporated. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Iron Mountain and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Iron 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 Iron for more details
A Deeper Perspective
Iron Mountain appears to be very steady, given 1 month investment horizon. Iron Mountain holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had 0.12% 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-seven technical indicators for Iron Mountain, which you can use to evaluate future volatility of the firm. Please utilize Iron Mountain Downside Deviation of 2.24, market risk adjusted performance of 0.8269, and Risk Adjusted Performance of 0.093 to validate if our risk estimates are consistent with your expectations.
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