WhyIsItUp

Why is IRM up today?

+1.12%
$128.25 Today's range: $125.00 – $128.45

IRM is up 1.1% — inside the β-adjusted expected range. This is normal market-driven volatility.

Intraday Relative Performance

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Historical Context · 252 trading days

IRM moves this much fairly often — 35 days out of the last 252.

Expected vs Actual

Expected move -1.41%
Actual move +1.12%

IRM's move lines up with what the market alone predicts.

Key Drivers

No high-relevance news found in the latest tick.

Editorial Analysis

"IRM's move today falls within the normal range given its sector's move — no anomaly detected."

IRM moved up 0.00% today. Its sector ETF (XLRE) moved +0.00%, and IRM's beta to that sector is 1.49, implying an expected move of about 0.00%. The realized move sits within that expected band, so today's volatility shows no sign of being driven by company-specific news.

Days like this are the typical case for IRM: most of the variance is sector-driven, not idiosyncratic. We classify a move as company-specific only when the beta-adjusted residual exceeds 1.5 standard deviations — today's residual is below that line. The takeaway is structural: IRM is moving with its peers, not against them.

Related Sector Movers

No related movers available for this ticker yet.