Stronghold Digital Mining Stock Alpha and Beta Analysis
| SDIG Stock | USD 4.92 0.12 2.38% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Stronghold Digital Mining. It also helps investors analyze the systematic and unsystematic risks associated with investing in Stronghold Digital over a specified time horizon. Remember, high Stronghold Digital's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Stronghold Digital's market risk premium analysis include:
Beta 4.47 | Alpha (0.30) | Risk 6.44 | Sharpe Ratio 0.0377 | Expected Return 0.24 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Stronghold |
Stronghold Digital Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Stronghold Digital market risk premium is the additional return an investor will receive from holding Stronghold Digital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Stronghold Digital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Stronghold Digital's performance over market.| α | -0.3 | β | 4.47 |
Stronghold Digital expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Stronghold Digital's Buy-and-hold return. Our buy-and-hold chart shows how Stronghold Digital performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Stronghold Digital Market Price Analysis
Market price analysis indicators help investors to evaluate how Stronghold Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stronghold Digital shares will generate the highest return on investment. By understating and applying Stronghold Digital stock market price indicators, traders can identify Stronghold Digital position entry and exit signals to maximize returns.
Stronghold Digital Return and Market Media
The median price of Stronghold Digital for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 4.72 with a coefficient of variation of 10.44. The daily time series for the period is distributed with a sample standard deviation of 0.5, arithmetic mean of 4.79, and mean deviation of 0.39. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 1844 shares by Richard Shaffer of Stronghold Digital at 4.4737 subject to Rule 16b-3 | 09/18/2024 |
2 | Disposition of 231 shares by Ryan Weber of Stronghold Digital at 4.2617 subject to Rule 16b-3 | 10/08/2024 |
3 | Acquisition by Pacchia Thomas of 5092 shares of Stronghold Digital at 4.66 subject to Rule 16b-3 | 10/09/2024 |
4 | Insider Sale CEO Gregory Beard Sells 15,259 Shares of Stronghold Digital Mining Inc | 10/11/2024 |
5 | Texas residents sue Marathon Digital over loud mining noise | 10/15/2024 |
6 | Disposition of tradable shares by Matthew Smith of Stronghold Digital at 5.66 subject to Rule 16b-3 | 10/29/2024 |
7 | Disposition of tradable shares by Richard Shaffer of Stronghold Digital at 5.16 subject to Rule 16b-3 | 10/30/2024 |
8 | Cryptocurrency-exposed stocks surge as Bitcoin rallies past 82,000 for first time | 11/11/2024 |
9 | Stronghold Digital Mining GAAP EPS of -1.34 misses by 0.72, revenue of 11.17M misses | 11/13/2024 |
10 | Stronghold Digital Mining Inc Q3 2024 Earnings Call Highlights Transformative Merger ... | 11/14/2024 |
11 | Acquisition by Agarwal Indira of 6354 shares of Stronghold Digital at 3.94 subject to Rule 16b-3 | 11/15/2024 |
12 | Do Redditors Think That Bitfarms Ltd. Has a Big Upside Potential | 11/21/2024 |
About Stronghold Digital Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Stronghold or other stocks. Alpha measures the amount that position in Stronghold Digital Mining has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.001841 | 0.001217 | Price To Sales Ratio | 0.66 | 0.63 |
Stronghold Digital Upcoming Company Events
As portrayed in its financial statements, the presentation of Stronghold Digital's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Stronghold Digital's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Stronghold Digital's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Stronghold Digital. Please utilize our Beneish M Score to check the likelihood of Stronghold Digital's management manipulating its earnings.
| 3rd of April 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 3rd of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Stronghold Digital Backtesting, Stronghold Digital Valuation, Stronghold Digital Correlation, Stronghold Digital Hype Analysis, Stronghold Digital Volatility, Stronghold Digital History and analyze Stronghold Digital Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Stronghold Digital technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.