Cipher Return On Capital Employed from 2010 to 2024
| CIFR Stock | USD 6.45 0.33 4.87% |
Return On Capital Employed | First Reported 2010-12-31 | Previous Quarter (0.04) | Current Value (0.04) | Quarterly Volatility 20.2679522 |
Check Cipher Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cipher Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.9 M, Interest Expense of 2.1 M or Other Operating Expenses of 81.1 M, as well as many indicators such as Price To Sales Ratio of 7.81, Dividend Yield of 0.0 or PTB Ratio of 2.23. Cipher financial statements analysis is a perfect complement when working with Cipher Mining Valuation or Volatility modules.
Cipher | Return On Capital Employed |
Latest Cipher Mining's Return On Capital Employed Growth Pattern
Below is the plot of the Return On Capital Employed of Cipher Mining over the last few years. It is Cipher Mining's Return On Capital Employed historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cipher Mining's overall financial position and show how it may be relating to other accounts over time.
| Return On Capital Employed | 10 Years Trend |
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Return On Capital Employed |
| Timeline |
Cipher Return On Capital Employed Regression Statistics
| Arithmetic Mean | 32.35 | |
| Geometric Mean | 8.41 | |
| Coefficient Of Variation | 62.66 | |
| Mean Deviation | 17.32 | |
| Median | 44.16 | |
| Standard Deviation | 20.27 | |
| Sample Variance | 410.79 | |
| Range | 44.3777 | |
| R-Value | (0.77) | |
| Mean Square Error | 181.89 | |
| R-Squared | 0.59 | |
| Significance | 0.0008 | |
| Slope | (3.48) | |
| Total Sum of Squares | 5,751 |
Cipher Return On Capital Employed History
About Cipher Mining Financial Statements
Cipher Mining shareholders use historical fundamental indicators, such as Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although Cipher Mining investors may analyze each financial statement separately, they are all interrelated. The changes in Cipher Mining's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cipher Mining's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | (0.04) | (0.04) |
Pair Trading with Cipher Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cipher Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cipher Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Cipher Stock
| 0.77 | V | Visa Class A | PairCorr |
| 0.69 | DHIL | Diamond Hill Investment | PairCorr |
| 0.85 | DIST | Distoken Acquisition | PairCorr |
| 0.83 | AB | AllianceBernstein | PairCorr |
| 0.79 | AC | Associated Capital | PairCorr |
Moving against Cipher Stock
The ability to find closely correlated positions to Cipher Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cipher Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cipher Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cipher Mining to buy it.
The correlation of Cipher Mining 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cipher Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cipher Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cipher Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Cipher Stock Analysis
When running Cipher Mining's price analysis, check to measure Cipher Mining'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 Cipher Mining is operating at the current time. Most of Cipher Mining's value examination focuses on studying past and present price action to predict the probability of Cipher Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cipher Mining's price. Additionally, you may evaluate how the addition of Cipher Mining to your portfolios can decrease your overall portfolio volatility.