Digihost Technology Stock Forecast - Relative Strength Index

DGHI Stock  CAD 2.86  0.30  11.72%   
Digihost Stock Forecast is based on your current time horizon.
  
At this time, Digihost Technology's Receivables Turnover is fairly stable compared to the past year. Fixed Asset Turnover is likely to climb to 1.02 in 2024, whereas Inventory Turnover is likely to drop 12.09 in 2024. . Net Income Applicable To Common Shares is likely to climb to about 273.4 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 22.7 M in 2024.
Digihost Technology has current Relative Strength Index of 97.33.
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Digihost Technology Trading Date Momentum

On November 23 2024 Digihost Technology was traded for  2.86  at the closing time. The maximum traded price for the trading interval was 2.87  and the lowest daily price was  2.50 . There was no trading activity during the period 0.0. Lack of trading volume on 23rd of November 2024 did not affect price variability. The overall trading delta to the closing price today is 12.59% .
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Other Forecasting Options for Digihost Technology

For every potential investor in Digihost, whether a beginner or expert, Digihost Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Digihost Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Digihost. Basic forecasting techniques help filter out the noise by identifying Digihost Technology's price trends.

Digihost Technology Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Digihost Technology stock to make a market-neutral strategy. Peer analysis of Digihost Technology could also be used in its relative valuation, which is a method of valuing Digihost Technology by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Digihost Technology Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Digihost Technology's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Digihost Technology's current price.

Digihost Technology Market Strength Events

Market strength indicators help investors to evaluate how Digihost Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digihost Technology shares will generate the highest return on investment. By undertsting and applying Digihost Technology stock market strength indicators, traders can identify Digihost Technology entry and exit signals to maximize returns.

Digihost Technology Risk Indicators

The analysis of Digihost Technology's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Digihost Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting digihost stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Additional Tools for Digihost Stock Analysis

When running Digihost Technology's price analysis, check to measure Digihost Technology'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 Digihost Technology is operating at the current time. Most of Digihost Technology's value examination focuses on studying past and present price action to predict the probability of Digihost Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digihost Technology's price. Additionally, you may evaluate how the addition of Digihost Technology to your portfolios can decrease your overall portfolio volatility.