Iron Mountain Story

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IRM -- USA Stock  

USD 38.15  0.16  0.42%

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.
Published over a month ago
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Is Iron Mountain (NYSE:IRM) a new disruptor?
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.
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, frequently view the market will even out over time. This tendency of Iron Mountain's stock 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. Please use the tools below to analyze the current value of Iron Mountain in the context of predictive analytics.
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 towards taking a position in Iron Mountain.

How important is Iron Mountain's Liquidity

Iron Mountain financial leverage refers to using borrowed capital as a funding source to finance Iron Mountain 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. Please check the breakdown between Iron Mountain's total debt and its cash.

How Iron Mountain utilizes its cash?

To perform a cash flow analysis of Iron Mountain, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Iron Mountain is receiving and how much cash it distributes out in a given period. The Iron Mountain cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Iron Mountain Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 906.68 Million

Iron Mountain Correlation with Peers

Investors in Iron Mountain can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Iron Mountain. 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 Mountain 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 Mountain 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.
EQIX
AMT
CCI
CTT
CXW
EQIX
0.690.380.06-0.14
EQIX
AMT
0.690.860.250.08
AMT
CCI
0.380.860.340.26
CCI
CTT
0.060.250.340.43
CTT
CXW
-0.140.080.260.43
CXW
EQIX
AMT
CCI
CTT
CXW
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Iron Mountain is expecting lower volatility in March

New Risk Adjusted Performance is up to 0.09. Price may pull down again. Iron Mountain currently demonstrates below-verage downside deviation. It has Information Ratio of 0.09 and Jensen Alpha of 0.29. However, we do advice investors to further question Iron Mountain expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Takeaway on Iron Mountain Investment

While some firms under the reit?specialty industry are still a bit expensive, Iron Mountain may offer a potential longer-term growth to stakeholders. To conclude, as of the 23rd of February 2021, our research shows that Iron Mountain is a rather very steady investment opportunity with a below average probability of bankruptcy in the next two years. From a slightly different view, the entity currently appears to be fairly valued. Our actual 30 days recommendation on the company is Buy.

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 Iron Mountain. Please refer to our Terms of Use for any information regarding our disclosure principles.

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