Marathon Digital Holdings Stock Market Value
| MARA Stock | USD 26.42 0.39 1.50% |
| Symbol | Marathon |
Marathon Digital Holdings Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marathon Digital. If investors know Marathon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marathon Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.764 | Earnings Share 0.83 | Revenue Per Share 2.257 | Quarterly Revenue Growth 0.345 | Return On Assets (0.01) |
The market value of Marathon Digital Holdings is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Digital's value that differs from its market value or its book value, called intrinsic value, which is Marathon Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marathon Digital's market value can be influenced by many factors that don't directly affect Marathon Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marathon Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Marathon Digital 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Marathon Digital's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Marathon Digital.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Marathon Digital on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Marathon Digital Holdings or generate 0.0% return on investment in Marathon Digital over 30 days. Marathon Digital is related to or competes with Hut 8, CleanSpark, Bit Digital, Bitfarms, HIVE Blockchain, Riot Blockchain, and Terawulf. Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus ... More
Marathon Digital Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Marathon Digital's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Marathon Digital Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.17 | |||
| Information Ratio | 0.1084 | |||
| Maximum Drawdown | 43.97 | |||
| Value At Risk | (8.26) | |||
| Potential Upside | 11.02 |
Marathon Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marathon Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marathon Digital's standard deviation. In reality, there are many statistical measures that can use Marathon Digital historical prices to predict the future Marathon Digital's volatility.| Risk Adjusted Performance | 0.1064 | |||
| Jensen Alpha | 0.2588 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.1466 | |||
| Treynor Ratio | 0.1712 |
Marathon Digital Holdings Backtested Returns
Marathon Digital appears to be moderately volatile, given 3 months investment horizon. Marathon Digital Holdings has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Marathon Digital's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please exercise Marathon Digital's Mean Deviation of 4.86, risk adjusted performance of 0.1064, and Downside Deviation of 5.17 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Marathon Digital holds a performance score of 10. The company secures a Beta (Market Risk) of 5.13, which conveys 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, Marathon Digital will likely underperform. Please check Marathon Digital's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Marathon Digital's current price movements will revert.
Auto-correlation | 0.81 |
Very good predictability
Marathon Digital Holdings has very good predictability. Overlapping area represents the amount of predictability between Marathon Digital time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Marathon Digital Holdings price movement. The serial correlation of 0.81 indicates that around 81.0% of current Marathon Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 6.83 |
Marathon Digital Holdings lagged returns against current returns
Autocorrelation, which is Marathon Digital stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Marathon Digital's stock expected returns. We can calculate the autocorrelation of Marathon Digital returns to help us make a trade decision. For example, suppose you find that Marathon Digital has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Marathon Digital regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Marathon Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marathon Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marathon Digital stock over time.
Current vs Lagged Prices |
| Timeline |
Marathon Digital Lagged Returns
When evaluating Marathon Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marathon Digital stock have on its future price. Marathon Digital autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Marathon Digital autocorrelation shows the relationship between Marathon Digital stock current value and its past values and can show if there is a momentum factor associated with investing in Marathon Digital Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Marathon Digital Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marathon Digital Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Digital Holdings Stock:Check out Marathon Digital Correlation, Marathon Digital Volatility and Marathon Digital Alpha and Beta module to complement your research on Marathon Digital. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Marathon 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.