Iress (Australia) Price on May 31, 2024
| IRE Stock | 9.14 0.01 0.11% |
Below is the normalized historical share price chart for Iress extending back to November 02, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Iress stands at 9.14, as last reported on the 4th of December, with the highest price reaching 9.22 and the lowest price hitting 8.99 during the day.
If you're considering investing in Iress Stock, it is important to understand the factors that can impact its price. Iress holds Efficiency (Sharpe) Ratio of -0.0424, which attests that the entity had a -0.0424% return per unit of risk over the last 3 months. Iress exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iress' Market Risk Adjusted Performance of (0.44), standard deviation of 1.13, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
At this time, Iress' Common Stock Total Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 440.3 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 427.3 M in 2024. . Iress Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.0084 | 50 Day MA 9.7662 | Beta 1.1 |
Iress |
Sharpe Ratio = -0.0424
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| Negative Returns | IRE |
Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Iress is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Iress by adding Iress to a well-diversified portfolio.
Price Book 5.7505 | Enterprise Value Ebitda 19.1949 | Price Sales 2.7588 | Shares Float 180.7 M | Wall Street Target Price 10.4833 |
Iress Valuation on May 31, 2024
It is possible to determine the worth of Iress on a given historical date. On May 31, 2024 Iress was worth 7.95 at the beginning of the trading date compared to the closed value of 8.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Iress stock. Still, in general, we apply an absolute valuation method to find Iress' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Iress where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Iress' related companies.
| Open | High | Low | Close | Volume | |
| 7.85 | 8.02 | 7.84 | 7.87 | 645,995 | |
05/31/2024 | 7.95 | 8.04 | 7.87 | 8.01 | 675,799 |
| 8.06 | 8.16 | 7.97 | 7.97 | 386,719 |
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Iress Trading Date Momentum on May 31, 2024
| On June 03 2024 Iress was traded for 7.97 at the closing time. The maximum traded price for the trading interval was 8.16 and the lowest daily price was 7.97 . The daily volume was recorded at 386.7 K. The volume of trading on 3rd of June 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.50% . The trading delta at closing time to the closing price today is 2.12% . |
Iress Fundamentals Correlations and Trends
By evaluating Iress' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Iress' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Iress financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Iress Stock history
Iress investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Iress is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Iress will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Iress stock prices may prove useful in developing a viable investing in Iress
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 180 M | 151.6 M | |
| Net Income Applicable To Common Shares | 60.6 M | 43.4 M |
Iress Quarterly Net Working Capital |
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Iress Stock Technical Analysis
Iress 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.
Price Boundaries
Iress Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Iress cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Iress December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Iress stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Iress shares will generate the highest return on investment. By undertsting and applying Iress stock market strength indicators, traders can identify Iress entry and exit signals to maximize returns
Iress Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Iress' price direction in advance. Along with the technical and fundamental analysis of Iress Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Iress to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.45) |
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Additional Tools for Iress Stock Analysis
When running Iress' price analysis, check to measure Iress' 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 Iress is operating at the current time. Most of Iress' value examination focuses on studying past and present price action to predict the probability of Iress' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iress' price. Additionally, you may evaluate how the addition of Iress to your portfolios can decrease your overall portfolio volatility.