Cipher Mining stock a top bitcoin play, says JPMorganpoised for 190 percent hashrate growth - Investing.com
| CIFRW Stock | USD 0.80 0.15 15.79% |
Slightly above 65% of Cipher Mining's investor base is looking to short. The analysis of overall sentiment of trading Cipher Mining stock suggests that many investors are alarmed at this time. Cipher Mining's investing sentiment can be driven by a variety of factors including economic data, Cipher Mining's earnings reports, geopolitical events, and overall market trends.
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Cipher Mining stock a top bitcoin play, says JPMorganpoised for 190 percent hashrate growth Investing.com
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Cipher Mining Fundamental Analysis
We analyze Cipher Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cipher Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cipher Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Working Capital
Working Capital Comparative Analysis
Cipher Mining is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Cipher Mining Potential Pair-trading
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 Cipher Mining stock to make a market-neutral strategy. Peer analysis of Cipher Mining could also be used in its relative valuation, which is a method of valuing Cipher Mining by comparing valuation metrics with similar companies.
Peers
Cipher Mining Related Equities
| ARQQW | Arqit Quantum | 0.00 |
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| CIFR | Cipher Mining | 2.60 |
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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.