Digihost Technology Correlations
| DGHIDelisted Stock | USD 1.32 0.09 7.32% |
The current 90-days correlation between Digihost Technology and Marin Software is 0.09 (i.e., Significant diversification). The correlation of Digihost Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Digihost Technology Correlation With Market
Good diversification
The correlation between Digihost Technology and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Digihost Technology and DJI in the same portfolio, assuming nothing else is changed.
Digihost |
Moving together with Digihost Stock
Moving against Digihost Stock
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Digihost Stock performing well and Digihost Technology 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 Digihost Technology'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DATS | 14.73 | 4.31 | 0.36 | (1.30) | 10.85 | 19.92 | 419.67 | |||
| MRIN | 2.31 | (0.45) | 0.00 | (0.38) | 0.00 | 5.07 | 20.93 | |||
| FRGT | 5.75 | (0.21) | 0.00 | 0.04 | 0.00 | 10.29 | 67.06 | |||
| AUUD | 4.79 | (0.42) | 0.00 | (0.30) | 0.00 | 12.82 | 36.81 | |||
| IDBA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ALKT | 2.00 | (0.47) | 0.00 | (0.37) | 0.00 | 2.55 | 19.06 | |||
| ISDR | 1.73 | (0.13) | 0.00 | (3.84) | 0.00 | 2.88 | 9.01 | |||
| RSSS | 2.30 | (0.49) | 0.00 | (1.93) | 0.00 | 4.45 | 14.03 | |||
| SSTI | 2.64 | 0.67 | 0.25 | 0.78 | 2.27 | 6.12 | 29.22 |
| The entity Digihost Technology with a symbol DGHI was recently relisted or delisted. You can potentially use Digi Power X with a symbol DGXX. Please make sure the ticker renaming or change in the classification of Digihost Technology is not a temporary action by the exchange. |
Digihost Technology Corporate Management
| Daniel Rotunno | Vice Operations | Profile | |
| Donald Christie | COO Director | Profile | |
| Michel Amar | Chairman CEO | Profile | |
| Luke Marchiori | Chief Officer | Profile |
Still Interested in Digihost Technology?
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