Performance Snapshot

Grounded Summary

• IREN returned -40.9% over 1M, 15.5% over 3M, and 2.8% over 6M.
• Relative performance was 1.5% vs SPY and -7.6% vs QQQ over 3M.
• The thesis field is missing or needs review.
• Headline context: Fetched headlines cluster around: uncategorized (3), macro/sector (1), analyst/sentiment (1).
• Recent examples: AI Data Center Stock IREN Approaches A Historically Bullish Setup - Forbes; IREN Stock Dips Premarket: Neocloud Firm Announces $687M Stock Grants To Co-CEOs - Yahoo Finance; IREN: Dead Money Or The Next AI Winner?
• (Rating Upgrade) (NASDAQ:IREN) - Seeking Alpha.
• Main watch items: thesis needs review, high volatility, large drawdown, far below 52w high.
• Next earnings is listed as 2026-07-30; typical close-to-close earnings move is 11.0% on average.
• Options context: IV near recent HV; ATM average IV is 108.5% versus 6M HV 105.4%.
• Technical context: RSI 31.0 and direction score -0.534.
• Portfolio role/theme: Bitcoin miners.
• Next review question: What is the current reason for holding IREN, and what would invalidate it?
• This is context for review, not a buy or sell recommendation.

Theme: Bitcoin miners. Sector: Financial Services. Industry: Capital Markets.

Headline Context

Fetched headlines cluster around: uncategorized (3), macro/sector (1), analyst/sentiment (1). Recent examples: AI Data Center Stock IREN Approaches A Historically Bullish Setup - Forbes; IREN Stock Dips Premarket: Neocloud Firm Announces $687M Stock Grants To Co-CEOs - Yahoo Finance; IREN: Dead Money Or The Next AI Winner? (Rating Upgrade) (NASDAQ:IREN) - Seeking Alpha.

Questions for Next Review

• What is the current reason for holding IREN, and what would invalidate it? Codex: Review IREN against trend mixed, 3M return 15.5%, and headline context before changing the thesis.
• Is IREN's drawdown company-specific, sector-driven, or broad market beta? Codex: 6M max drawdown is -49.8% with beta SPY 3.3287780767941655 and sector Financial Services.
• Is IREN's volatility expected for its role in the portfolio? Codex: 6M realized volatility is 105.4% and options context is IV near recent HV.
• What would need to change for IREN to recover toward prior highs? Codex: Price is -48.5% from the 52-week high; watch for headline and technical improvement.
• Is IREN sized for its typical earnings move? Codex: Next earnings is 2026-07-30 with typical move 11.0% and expected move 33.1%.
• What would improve IREN's weak technical direction score? Codex: Direction score is -0.534, with price vs EMA20 at -23.4%.

Headlines

Evidence

JSON: /home/amirali/Documents/code/portfolio-analytics/outputs/evidence/IREN.json

Markdown: /home/amirali/Documents/code/portfolio-analytics/outputs/evidence/IREN.md