Iron Mountain Incorporated Stock Market Value
| IRM Stock | USD 123.67 0.57 0.46% |
| Symbol | Iron |
Iron Mountain Price To Book Ratio
Is Other Specialized REITs space 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 308.278 | Dividend Share 2.634 | Earnings Share 0.36 | Revenue Per Share 20.438 | Quarterly Revenue Growth 0.122 |
The market value of Iron Mountain 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.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Iron Mountain on June 3, 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 180 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 | 2.59 | |||
| Information Ratio | 0.019 | |||
| Maximum Drawdown | 12.39 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.39 |
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 | 0.0773 | |||
| Jensen Alpha | 0.2171 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0136 | |||
| Treynor Ratio | (0.38) |
Iron Mountain Backtested Returns
As of now, Iron Stock is very steady. Iron Mountain holds Efficiency (Sharpe) Ratio of 0.0919, which attests that the entity had a 0.0919% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Iron Mountain, which you can use to evaluate the volatility of the firm. Please check out Iron Mountain's Risk Adjusted Performance of 0.0773, market risk adjusted performance of (0.37), and Downside Deviation of 2.59 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Iron Mountain has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Iron Mountain are expected to decrease at a much lower rate. During the bear market, Iron Mountain is likely to outperform the market. Iron Mountain right now retains a risk of 1.89%. Please check out Iron Mountain expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Iron Mountain will be following its current trending patterns.
Auto-correlation | 0.43 |
Average predictability
Iron Mountain Incorporated has average predictability. Overlapping area represents the amount of predictability between Iron Mountain time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Iron Mountain price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 22.04 |
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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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.