Hut 8 Mining Stock Price History

HUT Stock  CAD 35.26  0.98  2.70%   
Below is the normalized historical share price chart for Hut 8 Mining extending back to March 06, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hut 8 stands at 35.26, as last reported on the 26th of November, with the highest price reaching 36.57 and the lowest price hitting 32.50 during the day.
200 Day MA
16.6392
50 Day MA
22.3338
 
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If you're considering investing in Hut Stock, it is important to understand the factors that can impact its price. Hut 8 is not too volatile given 3 months investment horizon. Hut 8 Mining holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.67% are justified by taking the suggested risk. Use Hut 8 Mining Downside Deviation of 5.12, market risk adjusted performance of 0.7432, and Risk Adjusted Performance of 0.1813 to evaluate company specific risk that cannot be diversified away.
  
At this time, Hut 8's Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Common Stock Shares Outstanding is likely to grow to about 58 M, while Common Stock is likely to drop about 1.1 M. . As of the 26th of November 2024, Price Earnings Ratio is likely to grow to 45.62, while Price To Sales Ratio is likely to drop 8.30. Hut Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2691

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Estimated Market Risk

 6.2
  actual daily
55
55% of assets are less volatile

Expected Return

 1.67
  actual daily
33
67% of assets have higher returns

Risk-Adjusted Return

 0.27
  actual daily
21
79% of assets perform better
Based on monthly moving average Hut 8 is performing at about 21% 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 Hut 8 by adding it to a well-diversified portfolio.
Price Book
3.364
Enterprise Value Ebitda
(88.58)
Price Sales
17.0068
Shares Float
70.5 M
Wall Street Target Price
14.79

Hut 8 Stock Price History Chart

There are several ways to analyze Hut Stock price data. The simplest method is using a basic Hut candlestick price chart, which shows Hut 8 price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 22, 202436.24
Lowest PriceSeptember 6, 202412.21

Hut 8 November 26, 2024 Stock Price Synopsis

Various analyses of Hut 8's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Hut Stock. It can be used to describe the percentage change in the price of Hut 8 from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Hut Stock.
Hut 8 Price Daily Balance Of Power(0.24)
Hut 8 Price Action Indicator 0.23 
Hut 8 Price Rate Of Daily Change 0.97 

Hut 8 November 26, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Hut Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Hut 8 intraday prices and daily technical indicators to check the level of noise trading in Hut Stock and then apply it to test your longer-term investment strategies against Hut.

Hut Stock Price History Data

The price series of Hut 8 for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 has a statistical range of 24.03 with a coefficient of variation of 35.8. Under current investment horizon, the daily prices are spread out with arithmetic mean of 20.36. The median price for the last 90 days is 16.9. The company completed 1:5 stock split on 4th of December 2023.
OpenHighLowCloseVolume
11/26/2024
 36.25  36.57  32.50  35.26 
11/25/2024 36.25  36.57  32.50  35.26  1,754,043 
11/22/2024 32.23  36.92  31.75  36.24  2,003,027 
11/21/2024 36.17  36.70  31.43  32.80  2,159,262 
11/20/2024 36.50  37.04  33.47  34.14  2,003,370 
11/19/2024 34.52  35.41  33.14  35.36  2,035,141 
11/18/2024 35.48  36.26  33.95  35.08  2,348,105 
11/15/2024 33.82  36.27  33.00  35.54  1,914,541 
11/14/2024 36.12  36.75  32.51  32.52  1,443,856 
11/13/2024 35.50  39.79  34.07  34.72  3,750,467 
11/12/2024 33.09  34.00  31.80  33.27  2,160,624 
11/11/2024 29.50  35.25  28.74  34.23  3,571,648 
11/08/2024 26.54  27.71  26.40  27.20  1,931,148 
11/07/2024 25.62  26.92  25.36  26.31  1,825,412 
11/06/2024 26.40  27.60  25.18  25.89  2,876,934 
11/05/2024 22.23  24.21  22.22  23.14  1,743,495 
11/04/2024 21.77  22.50  21.04  21.64  669,318 
11/01/2024 22.51  24.11  21.96  22.34  1,332,597 
10/31/2024 24.69  25.33  21.99  22.01  1,571,679 
10/30/2024 23.19  25.58  23.19  25.24  1,722,318 
10/29/2024 25.50  25.54  23.42  23.92  2,335,440 
10/28/2024 21.54  24.28  21.40  23.92  3,002,209 
10/25/2024 21.31  21.84  20.20  20.71  1,493,973 
10/24/2024 21.71  22.40  20.68  21.21  1,491,576 
10/23/2024 21.35  21.91  20.25  20.91  1,436,306 
10/22/2024 20.84  22.16  20.84  21.65  1,834,642 
10/21/2024 19.67  21.48  19.08  21.19  2,083,068 
10/18/2024 17.76  20.48  17.76  20.01  2,383,878 
10/17/2024 17.58  18.42  17.28  17.49  1,326,421 
10/16/2024 16.70  17.78  16.13  17.77  2,049,475 
10/15/2024 16.88  17.23  15.79  16.25  1,772,427 
10/11/2024 15.43  16.28  15.30  16.13  1,273,198 
10/10/2024 14.88  15.42  14.75  15.30  832,163 
10/09/2024 15.33  15.62  15.01  15.06  761,160 
10/08/2024 16.00  16.14  15.27  15.48  1,160,216 
10/07/2024 16.30  16.98  15.73  16.00  1,556,756 
10/04/2024 16.38  16.67  15.91  16.31  1,451,242 
10/03/2024 15.90  16.29  15.49  15.88  1,004,695 
10/02/2024 15.33  16.39  15.33  16.19  1,334,232 
10/01/2024 16.50  16.70  15.29  15.56  1,419,845 
09/30/2024 17.14  17.14  16.25  16.58  1,467,936 
09/27/2024 17.42  18.00  17.04  17.69  1,776,825 
09/26/2024 17.59  18.12  16.92  17.02  2,171,061 
09/25/2024 16.74  17.67  16.74  16.90  1,776,371 
09/24/2024 15.80  16.84  15.50  16.83  1,822,388 
09/23/2024 15.33  15.87  15.04  15.63  2,035,268 
09/20/2024 15.46  15.52  14.89  15.14  1,520,586 
09/19/2024 16.05  16.37  15.44  15.49  2,015,867 
09/18/2024 15.44  16.05  14.69  15.00  1,934,602 
09/17/2024 15.35  16.21  15.18  15.52  1,439,657 
09/16/2024 14.80  15.22  14.19  15.02  873,572 
09/13/2024 14.82  15.52  14.66  15.27  1,243,696 
09/12/2024 14.33  14.92  14.05  14.79  1,054,300 
09/11/2024 13.99  14.33  13.27  14.32  1,380,843 
09/10/2024 13.38  14.25  13.10  14.22  1,333,621 
09/09/2024 12.49  13.53  12.49  13.49  1,086,412 
09/06/2024 12.99  13.19  11.86  12.21  1,011,087 
09/05/2024 12.29  12.90  12.28  12.81  633,330 
09/04/2024 12.00  12.59  11.89  12.40  681,566 
09/03/2024 13.44  13.44  12.28  12.33  929,430 
08/30/2024 14.06  14.14  13.48  13.66  899,209 

About Hut 8 Stock history

Hut 8 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hut is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hut 8 Mining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hut 8 stock prices may prove useful in developing a viable investing in Hut 8
Last ReportedProjected for Next Year
Common Stock Shares Outstanding55.3 M58 M
Net Loss-218.5 M-207.6 M

Hut 8 Stock Technical Analysis

Hut 8 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.
A focus of Hut 8 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hut 8 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Hut 8 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hut 8's price direction in advance. Along with the technical and fundamental analysis of Hut Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hut to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Hut Stock

Hut 8 financial ratios help investors to determine whether Hut Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hut with respect to the benefits of owning Hut 8 security.