Iris Acquisition Corp Stock Today
| IRAA Stock | USD 10.38 0.25 2.35% |
Performance2 of 100
| Odds Of DistressLess than 24
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Iris Acquisition is trading at 10.38 as of the 3rd of May 2024, a -2.35 percent decrease since the beginning of the trading day. The stock's open price was 10.63. Iris Acquisition has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Iris Acquisition Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 26th of May 2021 | Classification Financials |
Tribe Capital Growth Corp I does not have significant operations. The company was incorporated in 2020 and is based in San Francisco, California. Iris Acq is traded on NASDAQ Exchange in the United States. The company has 7.19 M outstanding shares of which 52 shares are currently shorted by private and institutional investors with about 0.31 trading days to cover. More on Iris Acquisition Corp
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Iris Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Iris Acquisition's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Iris Acquisition or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Vice President | Omkar Halady | |||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Investing (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, NASDAQ Composite, Investing, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Iris Acquisition's profitability, liquidity, and operating efficiency, Iris Acquisition Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in June. Financial strength of Iris Acquisition Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Iris Acquisition's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Iris Acquisition's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Iris Acquisition's financial leverage. It provides some insight into what part of Iris Acquisition's total assets is financed by creditors.
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Iris Acquisition Corp (IRAA) is traded on NASDAQ Exchange in USA. It is located in Zephyr House, George Town, Cayman Islands, 1001 and employs 3 people. Iris Acquisition is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 74.6 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Iris Acquisition's market, we take the total number of its shares issued and multiply it by Iris Acquisition'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. Iris Acquisition Corp conducts business under Capital Markets sector and is part of Financials industry. The entity has 7.19 M outstanding shares of which 52 shares are currently shorted by private and institutional investors with about 0.31 trading days to cover.
Iris Acquisition Corp currently holds about 130.66 K in cash with (2.09 M) of positive cash flow from operations.
Check Iris Acquisition Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Iris Acquisition is $74.6 Million. Iris Acquisition retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 96.0 (percent) of Iris Acquisition outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Iris Ownership Details
Iris Stock Price Odds Analysis
What are Iris Acquisition's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Iris Acquisition jumping above the current price in 90 days from now is about 84.13%. The Iris Acquisition Corp probability density function shows the probability of Iris Acquisition stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Iris Acquisition Corp has a beta of -0.023. This usually indicates as returns on the benchmark increase, returns on holding Iris Acquisition are expected to decrease at a much lower rate. During a bear market, however, Iris Acquisition Corp is likely to outperform the market. Additionally, iris Acquisition Corp 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 Iris Acquisition to move above the current price in 90 days from now is about 84.13 (This Iris Acquisition Corp probability density function shows the probability of Iris Stock to fall within a particular range of prices over 90 days) .
Iris Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Iris Acquisition that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Iris Acquisition's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Iris Acquisition's value.| Instituion | Recorded On | Shares | |
| Moore Capital Management, Lp | 2023-12-31 | 100 K | |
| Exos Tfp Holdings Llc | 2023-12-31 | 43.9 K | |
| Clear Street Llc | 2023-12-31 | 39.9 K | |
| Shay Capital Llc | 2023-12-31 | 17.4 K | |
| Flow Traders U.s. Llc | 2023-12-31 | 12.2 K | |
| Saba Capital Management, Lp | 2023-09-30 | 0.0 | |
| Periscope Capital Inc. | 2023-12-31 | 0.0 | |
| Susquehanna International Group, Llp | 2023-12-31 | 0.0 | |
| Geode Capital Management, Llc | 2023-12-31 | 0.0 |
Iris Acquisition Historical Income Statement
Iris Acquisition Corp Income Statement is one of the three primary financial statements used for reporting Iris's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Iris Acquisition Corp revenue and expense. Iris Acquisition Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Iris Acquisition's Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 12.4 M, whereas Interest Expense is projected to grow to (97.9 K). View More FundamentalsIris Stock Against Markets
Picking the right benchmark for Iris Acquisition stock 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 Iris Acquisition stock 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 Iris Acquisition is critical whether you are bullish or bearish towards Iris Acquisition Corp at a given time. Please also check how Iris Acquisition'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 Iris Acquisition 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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How to buy Iris Stock?
Before investing in Iris Acquisition, 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 Iris Acquisition. To buy Iris Acquisition stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Iris Acquisition. 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 Iris Acquisition stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Iris Acquisition Corp 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 Iris Acquisition Corp 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 Iris Acquisition Corp, 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. For more information on how to buy Iris Stock please use our How to Invest in Iris Acquisition guide.
Already Invested in Iris Acquisition Corp?
The danger of trading Iris Acquisition Corp 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 Iris Acquisition 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 Iris Acquisition. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Iris Acquisition Corp 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.
When determining whether Iris Acquisition Corp is a strong investment it is important to analyze Iris Acquisition'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 Iris Acquisition's future performance. For an informed investment choice regarding Iris Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iris Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Iris Acquisition Corp information on this page should be used as a complementary analysis to other Iris Acquisition'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Iris Stock analysis
When running Iris Acquisition's price analysis, check to measure Iris Acquisition'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 Iris Acquisition is operating at the current time. Most of Iris Acquisition's value examination focuses on studying past and present price action to predict the probability of Iris Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iris Acquisition's price. Additionally, you may evaluate how the addition of Iris Acquisition to your portfolios can decrease your overall portfolio volatility.
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Is Iris Acquisition'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 Iris Acquisition. If investors know Iris 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 Iris Acquisition 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 (0.74) | Earnings Share (0.15) | Return On Assets (0.16) |
The market value of Iris Acquisition Corp is measured differently than its book value, which is the value of Iris that is recorded on the company's balance sheet. Investors also form their own opinion of Iris Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Iris Acquisition'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 Iris Acquisition's market value can be influenced by many factors that don't directly affect Iris Acquisition'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 Iris Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iris Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iris Acquisition'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.