Stronghold Digital Mining Stock Market Value
| SDIG Stock | USD 3.58 0.14 3.76% |
| Symbol | Stronghold |
Stronghold Digital Mining 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 Stronghold Digital. If investors know Stronghold 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 Stronghold Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.80) | Revenue Per Share | Quarterly Revenue Growth 0.048 | Return On Assets | Return On Equity |
The market value of Stronghold Digital Mining is measured differently than its book value, which is the value of Stronghold that is recorded on the company's balance sheet. Investors also form their own opinion of Stronghold Digital's value that differs from its market value or its book value, called intrinsic value, which is Stronghold 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 Stronghold Digital's market value can be influenced by many factors that don't directly affect Stronghold 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 Stronghold Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stronghold Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stronghold 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.
Stronghold 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 Stronghold 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 Stronghold Digital.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Stronghold Digital on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Stronghold Digital Mining or generate 0.0% return on investment in Stronghold Digital over 30 days. Stronghold Digital is related to or competes with Terawulf, Iris Energy, Argo Blockchain, Bitfarms, Cipher Mining, and CleanSpark. Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States More
Stronghold 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 Stronghold 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 Stronghold Digital Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 39.35 | |||
| Value At Risk | (9.77) | |||
| Potential Upside | 13.37 |
Stronghold Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stronghold Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stronghold Digital's standard deviation. In reality, there are many statistical measures that can use Stronghold Digital historical prices to predict the future Stronghold Digital's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | 0.2883 |
Stronghold Digital Mining Backtested Returns
At this point, Stronghold Digital is very risky. Stronghold Digital Mining owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Stronghold Digital Mining, which you can use to evaluate the volatility of the company. Please validate Stronghold Digital's Variance of 48.06, coefficient of variation of (4,245), and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0147%. The entity has a beta of -0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Stronghold Digital are expected to decrease at a much lower rate. During the bear market, Stronghold Digital is likely to outperform the market. Stronghold Digital Mining right now has a risk of 6.78%. Please validate Stronghold Digital treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day median price , to decide if Stronghold Digital will be following its existing price patterns.
Auto-correlation | 0.71 |
Good predictability
Stronghold Digital Mining has good predictability. Overlapping area represents the amount of predictability between Stronghold Digital time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Stronghold Digital Mining price movement. The serial correlation of 0.71 indicates that around 71.0% of current Stronghold Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Stronghold Digital Mining lagged returns against current returns
Autocorrelation, which is Stronghold 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 Stronghold Digital's stock expected returns. We can calculate the autocorrelation of Stronghold Digital returns to help us make a trade decision. For example, suppose you find that Stronghold 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 |
Stronghold 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 Stronghold Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stronghold Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stronghold Digital stock over time.
Current vs Lagged Prices |
| Timeline |
Stronghold Digital Lagged Returns
When evaluating Stronghold Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stronghold Digital stock have on its future price. Stronghold 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, Stronghold Digital autocorrelation shows the relationship between Stronghold Digital stock current value and its past values and can show if there is a momentum factor associated with investing in Stronghold Digital Mining.
Regressed Prices |
| Timeline |
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Check out Stronghold Digital Correlation, Stronghold Digital Volatility and Stronghold Digital Alpha and Beta module to complement your research on Stronghold Digital. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Stronghold 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.