Richard Carter - Cipher Mining Senior Accountant

CIFR Stock  USD 6.19  0.32  4.92%   

Executive

Richard Carter is Senior Accountant of Cipher Mining
Address 1 Vanderbilt Avenue, New York, NY, United States, 10017
Phone332 262 2300
Webhttps://www.ciphermining.com

Richard Carter Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Carter against Cipher Mining stock is an integral part of due diligence when investing in Cipher Mining. Richard Carter insider activity provides valuable insight into whether Cipher Mining is net buyers or sellers over its current business cycle. Note, Cipher Mining insiders must abide by specific rules, including filing SEC forms every time they buy or sell Cipher Mining'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Cipher Mining Management Efficiency

The company has return on total asset (ROA) of (0.0501) % which means that it has lost $0.0501 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1016) %, meaning that it created substantial loss on money invested by shareholders. Cipher Mining's management efficiency ratios could be used to measure how well Cipher Mining manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to drop to -0.05. In addition to that, Return On Capital Employed is likely to grow to -0.04. At this time, Cipher Mining's Non Currrent Assets Other are relatively stable compared to the past year. As of 11/22/2024, Intangibles To Total Assets is likely to grow to 0.01, while Net Tangible Assets are likely to drop slightly above 251.4 M.
Cipher Mining currently holds 21.98 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Cipher Mining has a current ratio of 1.99, which is within standard range for the sector. Note, when we think about Cipher Mining's use of debt, we should always consider it together with its cash and equity.

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Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States. The company was incorporated in 2021 and is based in New York, New York. Cipher Mining operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 10 people. Cipher Mining (CIFR) is traded on NASDAQ Exchange in USA. It is located in 1 Vanderbilt Avenue, New York, NY, United States, 10017 and employs 35 people. Cipher Mining is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Cipher Mining Leadership Team

Elected by the shareholders, the Cipher Mining's board of directors comprises two types of representatives: Cipher Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cipher. The board's role is to monitor Cipher Mining's management team and ensure that shareholders' interests are well served. Cipher Mining's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cipher Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
Patrick Kelly, CoPresident COO
Chris Totin, Chief Officer
Courtney Frazier, Head Operations
Joshua Kane, Head Relation
Edward CPA, Chief Officer
Samy Biyadi, Head Power
Reuben Govender, Head Markets
Richard Carter, Senior Accountant
Rodney Page, CEO Director
Olivia Stennett, Head Management
William Iwaschuk, Chief CoPresident
Bryan Keller, Chief Officer

Cipher Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cipher Mining a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Cipher Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cipher Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cipher Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cipher Stock

  0.73V Visa Class APairCorr
  0.83DIST Distoken AcquisitionPairCorr
  0.86AB AllianceBernsteinPairCorr
  0.78AC Associated CapitalPairCorr

Moving against Cipher Stock

  0.63PT Pintec TechnologyPairCorr
The ability to find closely correlated positions to Cipher Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cipher Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cipher Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cipher Mining to buy it.
The correlation of Cipher Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cipher Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cipher Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cipher Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Cipher Stock Analysis

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