Stronghold Digital Mining Stock Performance
| SDIG Stock | USD 4.92 0.12 2.38% |
On a scale of 0 to 100, Stronghold Digital holds a performance score of 2. The entity has a beta of 4.47, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Stronghold Digital will likely underperform. Please check Stronghold Digital's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Stronghold Digital's existing price patterns will revert.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Stronghold Digital Mining are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile forward indicators, Stronghold Digital reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.79 | Five Day Return (8.47) | Year To Date Return (23.03) | Ten Year Return (98.24) | All Time Return (98.24) |
Last Split Factor 1:10 | Last Split Date 2023-05-16 |
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 |
| Begin Period Cash Flow | 13.3 M |
Stronghold |
Stronghold Digital Relative Risk vs. Return Landscape
If you would invest 479.00 in Stronghold Digital Mining on August 28, 2024 and sell it today you would earn a total of 13.00 from holding Stronghold Digital Mining or generate 2.71% return on investment over 90 days. Stronghold Digital Mining is currently generating 0.2425% in daily expected returns and assumes 6.4366% risk (volatility on return distribution) over the 90 days horizon. In different words, 57% of stocks are less volatile than Stronghold, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Stronghold Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stronghold Digital's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Stronghold Digital Mining, and traders can use it to determine the average amount a Stronghold Digital's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0377
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | SDIG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.44 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 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.
Stronghold Digital Fundamentals Growth
Stronghold Stock prices reflect investors' perceptions of the future prospects and financial health of Stronghold Digital, and Stronghold Digital fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Stronghold Stock performance.
| Return On Equity | -0.95 | ||||
| Return On Asset | -0.16 | ||||
| Profit Margin | (0.55) % | ||||
| Operating Margin | (0.89) % | ||||
| Current Valuation | 124.7 M | ||||
| Shares Outstanding | 14.84 M | ||||
| Price To Book | 2.41 X | ||||
| Price To Sales | 0.87 X | ||||
| Revenue | 74.97 M | ||||
| Gross Profit | 20.22 M | ||||
| EBITDA | (56.51 M) | ||||
| Net Income | (71.4 M) | ||||
| Cash And Equivalents | 16.72 M | ||||
| Cash Per Share | 0.69 X | ||||
| Total Debt | 48.98 B | ||||
| Debt To Equity | 0.85 % | ||||
| Current Ratio | 0.49 X | ||||
| Book Value Per Share | 3.90 X | ||||
| Cash Flow From Operations | (7.15 M) | ||||
| Earnings Per Share | (0.80) X | ||||
| Market Capitalization | 74.78 M | ||||
| Total Asset | 174.34 B | ||||
| Retained Earnings | (331.65 B) | ||||
| Working Capital | (17.36 M) | ||||
| Current Asset | 78 K | ||||
| Current Liabilities | 11.6 M | ||||
About Stronghold Digital Performance
By analyzing Stronghold Digital's fundamental ratios, stakeholders can gain valuable insights into Stronghold Digital's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Stronghold Digital has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Stronghold Digital has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 53.58 | 50.90 | |
| Return On Tangible Assets | (0.41) | (0.43) | |
| Return On Capital Employed | (0.45) | (0.43) | |
| Return On Assets | (0.41) | (0.43) | |
| Return On Equity | (1.12) | (1.06) |
Things to note about Stronghold Digital Mining performance evaluation
Checking the ongoing alerts about Stronghold Digital for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Stronghold Digital Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Stronghold Digital had very high historical volatility over the last 90 days | |
| Stronghold Digital has high likelihood to experience some financial distress in the next 2 years | |
| Stronghold Digital Mining currently holds 48.98 B in liabilities with Debt to Equity (D/E) ratio of 0.86, which is about average as compared to similar companies. Stronghold Digital Mining has a current ratio of 0.48, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Stronghold Digital's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 74.97 M. Net Loss for the year was (71.4 M) with profit before overhead, payroll, taxes, and interest of 20.22 M. | |
| Stronghold Digital Mining currently holds about 16.72 M in cash with (7.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69. | |
| Stronghold Digital has a frail financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Do Redditors Think That Bitfarms Ltd. Has a Big Upside Potential |
- Analyzing Stronghold Digital's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Stronghold Digital's stock is overvalued or undervalued compared to its peers.
- Examining Stronghold Digital's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Stronghold Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Stronghold Digital's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Stronghold Digital's stock. These opinions can provide insight into Stronghold Digital's potential for growth and whether the stock is currently undervalued or overvalued.
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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