Stronghold Digital Mining Stock Price on November 4, 2024
| SDIG Stock | USD 5.04 0.14 2.86% |
If you're considering investing in Stronghold Stock, it is important to understand the factors that can impact its price. As of today, the current price of Stronghold Digital stands at 5.04, as last reported on the 25th of November, with the highest price reaching 5.11 and the lowest price hitting 4.68 during the day. Stronghold Digital appears to be moderately volatile, given 3 months investment horizon. Stronghold Digital Mining owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0329, which indicates the firm had a 0.0329% return per unit of risk over the last 3 months. We have found thirty technical indicators for Stronghold Digital Mining, which you can use to evaluate the volatility of the company. Please review Stronghold Digital's Semi Deviation of 5.28, risk adjusted performance of 0.0379, and Coefficient Of Variation of 2640.82 to confirm if our risk estimates are consistent with your expectations.
At this time, Stronghold Digital's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years. The Stronghold Digital's current Liabilities And Stockholders Equity is estimated to increase to about 183.1 B, while Preferred Stock Total Equity is projected to decrease to roughly 30.1 M. . At this time, Stronghold Digital's Price Fair Value is most likely to increase significantly in the upcoming years. Stronghold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Stronghold |
Sharpe Ratio = 0.0329
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Estimated Market Risk
| 6.4 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Stronghold Digital is performing at about 2% 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 Stronghold Digital by adding it to a well-diversified portfolio.
Price Book 2.4071 | Enterprise Value Ebitda (0.90) | Price Sales 0.8686 | Shares Float 11.3 M | Wall Street Target Price 7.25 |
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Stronghold Digital Valuation on November 4, 2024
It is possible to determine the worth of Stronghold Digital on a given historical date. On November 4, 2024 Stronghold was worth 4.27 at the beginning of the trading date compared to the closed value of 4.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stronghold Digital stock. Still, in general, we apply an absolute valuation method to find Stronghold Digital'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 Stronghold Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stronghold Digital's related companies.
| Open | High | Low | Close | Volume | |
| 4.62 | 4.85 | 4.40 | 4.41 | 293,070 | |
11/04/2024 | 4.27 | 4.36 | 4.05 | 4.06 | 471,800 |
| 4.14 | 4.42 | 4.14 | 4.34 | 348,396 |
| Backtest Stronghold Digital | | | Stronghold Digital History | | | Stronghold Digital Valuation | Previous | Next |
Stronghold Digital Trading Date Momentum on November 4, 2024
| On November 05 2024 Stronghold Digital Mining was traded for 4.34 at the closing time. The top price for the day was 4.42 and the lowest listed price was 4.14 . The trading volume for the day was 348.4 K. The trading history from November 5, 2024 was a factor to the next trading day price rise. The trading price change against the next closing price was 6.90% . The trading price change against the current closing price is 34.24% . |
Stronghold Digital Mining Fundamentals Correlations and Trends
By evaluating Stronghold Digital'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 Stronghold Digital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stronghold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Stronghold Digital Stock history
Stronghold Digital 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 Stronghold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stronghold Digital Mining 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 Stronghold Digital stock prices may prove useful in developing a viable investing in Stronghold Digital
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.8 M | 7.2 M | |
| Net Loss | -80.3 M | -76.3 M |
Stronghold Digital Stock Technical Analysis
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.
Price Boundaries
Stronghold Digital Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Stronghold Digital Mining 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.
Stronghold Digital November 25, 2024 Market Strength
Market strength 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 undertsting and applying Stronghold Digital stock market strength indicators, traders can identify Stronghold Digital Mining entry and exit signals to maximize returns
Stronghold Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Stronghold Digital's price direction in advance. Along with the technical and fundamental analysis of Stronghold Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stronghold 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.
| Risk Adjusted Performance | 0.0379 | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.79) | |||
| Sortino Ratio | 0.0207 | |||
| Treynor Ratio | 0.0527 |
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Complementary Tools for Stronghold Stock analysis
When running Stronghold Digital's price analysis, check to measure Stronghold Digital'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 Stronghold Digital is operating at the current time. Most of Stronghold Digital's value examination focuses on studying past and present price action to predict the probability of Stronghold Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stronghold Digital's price. Additionally, you may evaluate how the addition of Stronghold Digital to your portfolios can decrease your overall portfolio volatility.
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