CleanSpark Stock Forecast - Accumulation Distribution

CLSK Stock  USD 15.10  2.13  16.42%   
CleanSpark Stock Forecast is based on your current time horizon. Although CleanSpark's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of CleanSpark's systematic risk associated with finding meaningful patterns of CleanSpark fundamentals over time.
  
At this time, CleanSpark's Inventory Turnover is quite stable compared to the past year. Receivables Turnover is expected to rise to about 31.8 K this year, although the value of Payables Turnover will most likely fall to 1.54. . Common Stock Shares Outstanding is expected to rise to about 124 M this year, although the value of Net Loss is projected to rise to (49 M).
On September 27, 2024 CleanSpark had Accumulation Distribution of 1.4 M. The accumulation distribution (A/D) indicator shows the degree to which CleanSpark is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of CleanSpark to determine if accumulation or reduction is taking place in the market. This value is adjusted by CleanSpark trading volume to give more weight to distributions with higher volume over lower volume.
Check CleanSpark VolatilityBacktest CleanSparkTrend Details  

CleanSpark Trading Date Momentum

On September 30 2024 CleanSpark was traded for  9.34  at the closing time. The top price for the day was 9.83  and the lowest listed price was  9.22 . The trading volume for the day was 20.8 M. The trading history from September 30, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 7.80% . The overall trading delta against the current closing price is 16.29% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare CleanSpark to competition

Other Forecasting Options for CleanSpark

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

CleanSpark 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 CleanSpark stock to make a market-neutral strategy. Peer analysis of CleanSpark could also be used in its relative valuation, which is a method of valuing CleanSpark by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

CleanSpark 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 CleanSpark'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 CleanSpark's current price.

CleanSpark Market Strength Events

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

CleanSpark Risk Indicators

The analysis of CleanSpark'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 CleanSpark's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cleanspark 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether CleanSpark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CleanSpark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cleanspark Stock. Highlighted below are key reports to facilitate an investment decision about Cleanspark Stock:
Check out Historical Fundamental Analysis of CleanSpark to cross-verify your projections.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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 CleanSpark. If investors know CleanSpark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CleanSpark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
1.788
Quarterly Revenue Growth
1.287
Return On Assets
0.022
Return On Equity
(0.15)
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CleanSpark's value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.