Iron Mountain (Brazil) Market Value
| I1RM34 Stock | BRL 511.02 0.00 0.00% |
| Symbol | Iron |
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.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Iron Mountain on December 16, 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 90 days. Iron Mountain is related to or competes with Waste Management, Charter Communications, New Oriental, and G2D Investments. 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.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 13.69 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 0.8481 |
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 | (0.21) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (6.67) |
Iron Mountain Backtested Returns
Iron Mountain holds Efficiency (Sharpe) Ratio of -0.33, which attests that the entity had a -0.33 % return per unit of risk over the last 3 months. Iron Mountain exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iron Mountain's Risk Adjusted Performance of (0.21), standard deviation of 1.72, and Market Risk Adjusted Performance of (6.66) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0663, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Iron Mountain's returns are expected to increase less than the market. However, during the bear market, the loss of holding Iron Mountain is expected to be smaller as well. At this point, Iron Mountain has a negative expected return of -0.49%. Please make sure to check out Iron Mountain's value at risk, skewness, and the relationship between the total risk alpha and potential upside , to decide if Iron Mountain performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.89 |
Very good predictability
Iron Mountain Incorporated has very good predictability. Overlapping area represents the amount of predictability between Iron Mountain time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. 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 price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Iron Mountain price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 1791.74 |
Iron Mountain 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 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Iron Stock
When determining whether Iron Mountain is a strong investment it is important to analyze Iron Mountain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iron Mountain's future performance. For an informed investment choice regarding Iron Stock, refer to the following important reports:Check out Iron Mountain Correlation, Iron Mountain Volatility and Iron Mountain Alpha and Beta module to complement your research on Iron Mountain. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.