Iron Mountain Incorporated Stock Market Value
| IRM Stock | USD 78.19 1.59 2.08% |
| Symbol | Iron |
Iron Mountain rporated Price To Book Ratio
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.
Iron Mountain 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Iron Mountain's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Iron Mountain.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Iron Mountain on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Iron Mountain Incorporated or generate 0.0% return on investment in Iron Mountain over 30 days. Iron Mountain is related to or competes with Equinix, Crown Castle, American Tower, Hannon Armstrong, Digital Realty, SBA Communications, and Gaming Leisure. Iron Mountain Incorporated , founded in 1951, is the global leader for storage and information management services More
Iron Mountain Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Iron Mountain's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Iron Mountain Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.0818 | |||
| Maximum Drawdown | 9.64 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 3.04 |
Iron Mountain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iron Mountain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iron Mountain's standard deviation. In reality, there are many statistical measures that can use Iron Mountain historical prices to predict the future Iron Mountain's volatility.| Risk Adjusted Performance | 0.0929 | |||
| Jensen Alpha | 0.0788 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0851 | |||
| Treynor Ratio | 0.1322 |
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 rporated Backtested Returns
Iron Mountain appears to be very steady, given 3 months investment horizon. Iron Mountain rporated holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Iron Mountain rporated, which you can use to evaluate the volatility of the firm. Please utilize Iron Mountain's Risk Adjusted Performance of 0.0929, market risk adjusted performance of 0.1422, and Downside Deviation of 1.61 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Iron Mountain holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of 1.68, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Iron Mountain will likely underperform. Please check Iron Mountain's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Iron Mountain's current trending patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Iron Mountain Incorporated has insignificant reverse predictability. Overlapping area represents the amount of predictability between Iron Mountain time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Iron Mountain rporated price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Iron Mountain price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 1.62 |
Iron Mountain rporated lagged returns against current returns
Autocorrelation, which is Iron Mountain stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Iron Mountain's stock expected returns. We can calculate the autocorrelation of Iron Mountain returns to help us make a trade decision. For example, suppose you find that Iron Mountain has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Iron Mountain regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Iron Mountain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iron Mountain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iron Mountain stock over time.
Current vs Lagged Prices |
| Timeline |
Iron Mountain Lagged Returns
When evaluating Iron Mountain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iron Mountain stock have on its future price. Iron Mountain autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Iron Mountain autocorrelation shows the relationship between Iron Mountain stock current value and its past values and can show if there is a momentum factor associated with investing in Iron Mountain Incorporated.
Regressed Prices |
| Timeline |
Iron Mountain Investors Sentiment
The influence of Iron Mountain's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Iron. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Iron Mountain's public news can be used to forecast risks associated with an investment in Iron. The trend in average sentiment can be used to explain how an investor holding Iron can time the market purely based on public headlines and social activities around Iron Mountain Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Iron Mountain's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Iron Mountain's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Iron Mountain's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Iron Mountain.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Iron Mountain in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Iron Mountain's short interest history, or implied volatility extrapolated from Iron Mountain options trading.
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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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Iron Mountain technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.