Digihost Technology Stock Price on December 31, 2023

DGHI Stock  USD 2.06  0.20  10.75%   
Below is the normalized historical share price chart for Digihost Technology extending back to December 20, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Digihost Technology stands at 2.06, as last reported on the 22nd of November, with the highest price reaching 2.08 and the lowest price hitting 1.83 during the day.
IPO Date
20th of December 2017
200 Day MA
1.3921
50 Day MA
1.284
Beta
7.208
 
Covid
If you're considering investing in Digihost Stock, it is important to understand the factors that can impact its price. Digihost Technology appears to be extremely dangerous, given 3 months investment horizon. Digihost Technology secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. By reviewing Digihost Technology's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please utilize Digihost Technology's Downside Deviation of 4.65, coefficient of variation of 792.48, and Mean Deviation of 5.1 to check if our risk estimates are consistent with your expectations.
  
The current Common Stock is estimated to decrease to about 26.9 M. The current Total Stockholder Equity is estimated to decrease to about 38.4 M. As of now, Digihost Technology's Price To Free Cash Flows Ratio is increasing as compared to previous years. The Digihost Technology's current Price To Book Ratio is estimated to increase to 2.35, while Price To Sales Ratio is projected to decrease to 2.37. Digihost Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1183

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Estimated Market Risk

 6.38
  actual daily
56
56% of assets are less volatile

Expected Return

 0.75
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Digihost Technology is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Digihost Technology by adding it to a well-diversified portfolio.
Price Book
2.2664
Enterprise Value Ebitda
55.147
Price Sales
1.602
Shares Float
19.3 M
Wall Street Target Price
2.5

Digihost Technology Valuation on December 31, 2023

It is possible to determine the worth of Digihost Technology on a given historical date. On December 31, 2023 Digihost was worth 2.2 at the beginning of the trading date compared to the closed value of 2.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Digihost Technology stock. Still, in general, we apply an absolute valuation method to find Digihost Technology's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Digihost Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Digihost Technology's related companies.
 Open High Low Close Volume
  2.41    2.44    2.16    2.18    814,600  
12/29/2023
  2.20    2.44    2.20    2.29    948,900  
  2.48    2.49    2.21    2.31    646,000  
Backtest Digihost Technology  |  Digihost Technology History  |  Digihost Technology Valuation   PreviousNext  
Open Value
2.2
2.29
Closing Value
21.35
Upside

Digihost Technology Trading Date Momentum on December 31, 2023

On January 02 2024 Digihost Technology was traded for  2.31  at the closing time. The top price for the day was 2.49  and the lowest listed price was  2.21 . The trading volume for the day was 646 K. The trading history from January 2, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.87% . The overall trading delta against the current closing price is 13.97% .

Digihost Technology Fundamentals Correlations and Trends

By evaluating Digihost Technology's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Digihost Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Digihost financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Digihost Technology Stock history

Digihost Technology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Digihost is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Digihost Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Digihost Technology stock prices may prove useful in developing a viable investing in Digihost Technology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding31.3 M22.3 M
Net Income Applicable To Common Shares260.4 K273.4 K

Digihost Technology Stock Technical Analysis

Digihost Technology 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.
A focus of Digihost Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Digihost Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Digihost Technology Period Price Range

Low
November 22, 2024
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High

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Digihost Technology cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Digihost Technology November 22, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Digihost Technology's price direction in advance. Along with the technical and fundamental analysis of Digihost Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Digihost to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary 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.
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