Marathon Competitors
| MARA Stock | USD 7.66 0.40 4.96% |
Marathon Digital vs Piper Sandler Correlation
Very good diversification
The correlation between Marathon Digital Holdings and PIPR is -0.33 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Marathon Digital Holdings and PIPR in the same portfolio, assuming nothing else is changed.
Moving together with Marathon Stock
Moving against Marathon Stock
| 0.65 | TTGI | Turnium Technology | PairCorr |
| 0.45 | ZM | Zoom Video Communications | PairCorr |
| 0.44 | JG | Aurora Mobile Tech Boost | PairCorr |
Marathon Digital Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Marathon Digital and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Marathon and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Marathon Digital Holdings does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Marathon Stock performing well and Marathon Digital Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Marathon Digital's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OBDC | 1.21 | (0.13) | 0.00 | (0.06) | 0.00 | 2.50 | 7.19 | |||
| WULF | 5.06 | 0.13 | 0.04 | 0.13 | 6.08 | 11.02 | 25.99 | |||
| PFSI | 1.85 | (0.39) | 0.00 | (0.27) | 0.00 | 3.15 | 39.66 | |||
| PNFP | 1.35 | 0.14 | 0.09 | 0.22 | 1.48 | 3.19 | 8.66 | |||
| MKTX | 1.23 | 0.14 | 0.04 | 0.64 | 1.46 | 3.55 | 9.15 | |||
| VIRT | 1.43 | 0.21 | 0.08 | 1.10 | 1.72 | 2.81 | 13.20 | |||
| OTF | 1.56 | (0.12) | 0.00 | (0.09) | 0.00 | 3.38 | 10.23 | |||
| BMNR | 5.97 | (1.15) | 0.00 | (0.23) | 0.00 | 10.31 | 33.91 | |||
| BOKF | 1.03 | 0.30 | 0.26 | 0.42 | 0.73 | 3.17 | 7.41 | |||
| PIPR | 1.66 | (0.04) | 0.02 | 0.06 | 1.94 | 3.71 | 9.28 |
Cross Equities Net Income Analysis
Compare Marathon Digital Holdings and related stocks such as Blue Owl Capital, Terawulf, and PennyMac Finl Svcs Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OBDC | 16.6 M | 16.6 M | 16.6 M | 16.6 M | 16.6 M | 16.6 M | 16.6 M | 103.7 M | 202.2 M | 498 M | 387.7 M | 624.9 M | 466.4 M | 793.3 M | 595 M | 684.2 M | 450.7 M |
| WULF | 255 K | 698.3 K | 693.9 K | 682.2 K | 648.8 K | 135 K | (65.1 K) | (226.1 K) | 139.5 K | (813.6 K) | (439.3 K) | (95.7 M) | (90.8 M) | (73.4 M) | (72.4 M) | (65.2 M) | (61.9 M) |
| PFSI | 33 M | 14.7 M | 118.3 M | 14.4 M | 36.8 M | 47.2 M | 66.1 M | 100.8 M | 87.7 M | 393 M | 1.6 B | 1 B | 475.5 M | 144.7 M | 311.4 M | 501.1 M | 343.4 M |
| PNFP | (2.3 M) | 43.7 M | 41.9 M | 57.7 M | 70.5 M | 95.5 M | 127.2 M | 174 M | 359.4 M | 400.9 M | 312.3 M | 527.3 M | 560.7 M | 562.2 M | 475.1 M | 642.1 M | 674.2 M |
| MKTX | (65.1 M) | 47.7 M | 60.1 M | 76 M | 74.8 M | 96 M | 126.2 M | 148.1 M | 172.9 M | 204.9 M | 299.4 M | 257.9 M | 250.2 M | 258.1 M | 274.2 M | 246.8 M | 259.2 M |
| VIRT | 89.3 M | 89.3 M | 87.6 M | 182.2 M | 190.1 M | 20.9 M | 33 M | 2.9 M | 289.4 M | (58.6 M) | 649.2 M | 476.9 M | 265 M | 142 M | 276.4 M | 468.4 M | 491.8 M |
| OTF | 122.1 M | 122.1 M | 122.1 M | 122.1 M | 122.1 M | 122.1 M | 122.1 M | 122.1 M | 122.1 M | 122.1 M | 122.1 M | 424.8 M | 19 M | 369.1 M | 319.2 M | 367.1 M | 275.9 M |
| BMNR | 386 | 386 | (29.2 K) | (9.3 K) | (9.3 K) | (9.3 K) | (9.3 K) | (9.3 K) | (9.3 K) | (9.3 K) | (154.2 K) | (2 M) | (2.5 M) | (3.3 M) | 348.6 M | 400.9 M | 420.9 M |
| BOKF | 8.5 M | 285.9 M | 351.2 M | 316.6 M | 292.4 M | 288.6 M | 232.7 M | 334.6 M | 445.6 M | 500.8 M | 435 M | 618.1 M | 520.3 M | 530.7 M | 523.6 M | 578 M | 606.9 M |
| PIPR | 20.7 M | (102 M) | 41.3 M | 45.1 M | 63.2 M | 52.1 M | (22 M) | (61.9 M) | 57 M | 111.7 M | 40.5 M | 278.5 M | 110.7 M | 85.5 M | 181.1 M | 281.3 M | 295.4 M |
Marathon Digital Holdings and related stocks such as Blue Owl Capital, Terawulf, and PennyMac Finl Svcs Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Marathon Digital Holdings financial statement analysis. It represents the amount of money remaining after all of Marathon Digital Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Marathon Digital Competitive Analysis
The better you understand Marathon Digital competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Marathon Digital's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Marathon Digital's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Marathon Digital Competition Performance Charts
Five steps to successful analysis of Marathon Digital Competition
Marathon Digital's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Marathon Digital Holdings in relation to its competition. Marathon Digital's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Marathon Digital in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Marathon Digital's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Marathon Digital Holdings, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Marathon Digital Correlation with its peers. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Application Software 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 Marathon Digital. Expected growth trajectory for Marathon significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Marathon Digital assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 0.867 | Earnings Share 2.57 | Revenue Per Share | Quarterly Revenue Growth 0.917 | Return On Assets |
Understanding Marathon Digital Holdings requires distinguishing between market price and book value, where the latter reflects Marathon's accounting equity. The concept of intrinsic value - what Marathon Digital's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Marathon Digital's price substantially above or below its fundamental value.
Understanding that Marathon Digital's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Marathon Digital represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Marathon Digital's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.