Iren Spa Stock Today
| IRDEF Stock | USD 1.85 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Iren SpA is trading at 1.85 as of the 19th of April 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 1.85. Iren SpA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Iren SpA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Iren SpA, together with its subsidiaries, operates as a multi-utility company in Italy. It operates 23 hydroelectric plants, 7 thermoelectric cogeneration systems, and 1 thermoelectric plant, as well as 95 photovoltaic production plants with an installed capacity of 18 MW. The company has 1.28 B outstanding shares. More on Iren SpA
Moving together with Iren Pink Sheet
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Moving against Iren Pink Sheet
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Follow Valuation Odds of Bankruptcy
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Iren Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Iren SpA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Iren SpA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO of Iren Energia | Giuseppe Bergesio |
| Business Concentration | null, null, Utilities—Diversified, Utilities (View all Sectors) |
Iren SpA [IRDEF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.43 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Iren SpA's market, we take the total number of its shares issued and multiply it by Iren SpA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Iren SpA classifies itself under null sector and is part of null industry. The entity has 1.28 B outstanding shares.
Iren SpA has accumulated about 548.56 M in cash with 950.47 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43.
Check Iren SpA Probability Of Bankruptcy
Ownership AllocationIren SpA has a total of 1.28 Billion outstanding shares. Iren SpA secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Iren Ownership Details
Iren Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Iren SpA jumping above the current price in 90 days from now is about 76.94%. The Iren SpA probability density function shows the probability of Iren SpA pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Iren SpA has a beta of 0.1544. This usually indicates as returns on the market go up, Iren SpA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Iren SpA will be expected to be much smaller as well. Additionally, iren SpA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Iren SpA to move above the current price in 90 days from now is about 76.94 (This Iren SpA probability density function shows the probability of Iren Pink Sheet to fall within a particular range of prices over 90 days) .
Iren SpA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Iren SpA market risk premium is the additional return an investor will receive from holding Iren SpA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Iren SpA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Iren SpA's alpha and beta are two of the key measurements used to evaluate Iren SpA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5306 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.79 | |||
| Risk Adjusted Performance | (0.07) |
Iren Stock Against Markets
Picking the right benchmark for Iren SpA pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Iren SpA pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Iren SpA is critical whether you are bullish or bearish towards Iren SpA at a given time. Please also check how Iren SpA's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Iren SpA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Iren SpA Corporate Directors
Iren SpA corporate directors refer to members of an Iren SpA board of directors. The board of directors generally takes responsibility for the Iren SpA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Iren SpA's board members must vote for the resolution. The Iren SpA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Licia Soncini | Independent Director | Profile | |
| Franco Amato | Independent Director | Profile | |
| Anna Ferrero | Director | Profile | |
| Lorenza Franzino | Independent Director | Profile |
How to buy Iren Pink Sheet?
Before investing in Iren SpA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Iren SpA. To buy Iren SpA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Iren SpA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Iren SpA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Iren SpA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Iren SpA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Iren SpA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Iren SpA?
The danger of trading Iren SpA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Iren SpA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Iren SpA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Iren SpA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iren SpA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Iren SpA information on this page should be used as a complementary analysis to other Iren SpA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Iren Pink Sheet analysis
When running Iren SpA's price analysis, check to measure Iren SpA'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 Iren SpA is operating at the current time. Most of Iren SpA's value examination focuses on studying past and present price action to predict the probability of Iren SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iren SpA's price. Additionally, you may evaluate how the addition of Iren SpA to your portfolios can decrease your overall portfolio volatility.
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