Riot Blockchain Stock Market Value
| RIOT Stock | USD 12.06 0.25 2.03% |
| Symbol | Riot |
Riot Blockchain Price To Book Ratio
Is Systems 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 Riot Blockchain. If investors know Riot 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 Riot Blockchain 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 6.364 | Earnings Share 0.15 | Revenue Per Share 1.278 | Quarterly Revenue Growth 0.634 | Return On Assets (0.02) |
The market value of Riot Blockchain is measured differently than its book value, which is the value of Riot that is recorded on the company's balance sheet. Investors also form their own opinion of Riot Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Riot Blockchain'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 Riot Blockchain's market value can be influenced by many factors that don't directly affect Riot Blockchain'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 Riot Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Riot Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Riot Blockchain'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.
Riot Blockchain '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 Riot Blockchain'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 Riot Blockchain.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Riot Blockchain on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Riot Blockchain or generate 0.0% return on investment in Riot Blockchain over 30 days. Riot Blockchain is related to or competes with Hut 8, CleanSpark, Bit Digital, Bitfarms, HIVE Blockchain, Marathon Digital, and Terawulf. Riot Blockchain, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America More
Riot Blockchain 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 Riot Blockchain'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 Riot Blockchain upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.04 | |||
| Information Ratio | 0.1154 | |||
| Maximum Drawdown | 38.48 | |||
| Value At Risk | (6.31) | |||
| Potential Upside | 8.66 |
Riot Blockchain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Riot Blockchain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Riot Blockchain's standard deviation. In reality, there are many statistical measures that can use Riot Blockchain historical prices to predict the future Riot Blockchain's volatility.| Risk Adjusted Performance | 0.1143 | |||
| Jensen Alpha | 0.211 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.1342 | |||
| Treynor Ratio | 0.1642 |
Riot Blockchain Backtested Returns
Riot Blockchain appears to be slightly risky, given 3 months investment horizon. Riot Blockchain maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. By analyzing Riot Blockchain's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please evaluate Riot Blockchain's Coefficient Of Variation of 725.97, risk adjusted performance of 0.1143, and Semi Deviation of 4.55 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Riot Blockchain holds a performance score of 11. The company holds a Beta of 4.86, which implies 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, Riot Blockchain will likely underperform. Please check Riot Blockchain's potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to make a quick decision on whether Riot Blockchain's historical price patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Riot Blockchain has insignificant reverse predictability. Overlapping area represents the amount of predictability between Riot Blockchain time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Riot Blockchain price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Riot Blockchain price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 1.02 |
Riot Blockchain lagged returns against current returns
Autocorrelation, which is Riot Blockchain 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 Riot Blockchain's stock expected returns. We can calculate the autocorrelation of Riot Blockchain returns to help us make a trade decision. For example, suppose you find that Riot Blockchain 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 |
Riot Blockchain 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 Riot Blockchain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Riot Blockchain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Riot Blockchain stock over time.
Current vs Lagged Prices |
| Timeline |
Riot Blockchain Lagged Returns
When evaluating Riot Blockchain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Riot Blockchain stock have on its future price. Riot Blockchain 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, Riot Blockchain autocorrelation shows the relationship between Riot Blockchain stock current value and its past values and can show if there is a momentum factor associated with investing in Riot Blockchain.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Riot Stock Analysis
When running Riot Blockchain's price analysis, check to measure Riot Blockchain'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 Riot Blockchain is operating at the current time. Most of Riot Blockchain's value examination focuses on studying past and present price action to predict the probability of Riot Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riot Blockchain's price. Additionally, you may evaluate how the addition of Riot Blockchain to your portfolios can decrease your overall portfolio volatility.