Digihost Technology Stock Performance
| DGHI Stock | USD 3.41 0.25 6.83% |
Digihost Technology holds a performance score of 16 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.26, which means 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, Digihost Technology will likely underperform. Use Digihost Technology coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to analyze future returns on Digihost Technology.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Digihost Technology are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Despite fairly uncertain technical indicators, Digihost Technology demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (6.83) | Five Day Return 16.38 | Year To Date Return 117.2 | Ten Year Return 49.56 | All Time Return 49.56 |
Last Split Factor 1:3 | Dividend Date 2020-02-20 | Last Split Date 2021-10-28 |
1 | Digihost Technology Inc. Stock Rockets 84 percent But Many Are Still Ignoring The Company - Simply Wall St | 11/11/2024 |
2 | NANO Nuclear Energy and Digihost Technology Inc. ... | 12/13/2024 |
3 | Digihost Technology Inc. Short Interest Update - MarketBeat | 12/31/2024 |
| Begin Period Cash Flow | 1.9 M |
Digihost |
Digihost Technology Relative Risk vs. Return Landscape
If you would invest 138.00 in Digihost Technology on November 3, 2024 and sell it today you would earn a total of 203.00 from holding Digihost Technology or generate 147.1% return on investment over 90 days. Digihost Technology is currently generating 1.8723% in daily expected returns and assumes 9.0051% risk (volatility on return distribution) over the 90 days horizon. In different words, 80% of stocks are less volatile than Digihost, and 63% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Digihost Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digihost Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Digihost Technology, and traders can use it to determine the average amount a Digihost Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2079
| Best Portfolio | Best Equity | |||
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| Average Returns | DGHI | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.01 actual daily | 80 80% of assets are less volatile |
Expected Return
| 1.87 actual daily | 37 63% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Digihost Technology is performing at about 16% 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 Digihost Technology by adding it to a well-diversified portfolio.
Digihost Technology Fundamentals Growth
Digihost Stock prices reflect investors' perceptions of the future prospects and financial health of Digihost Technology, and Digihost Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Digihost Stock performance.
| Return On Equity | -0.29 | ||||
| Return On Asset | -0.2 | ||||
| Profit Margin | (0.25) % | ||||
| Operating Margin | (0.51) % | ||||
| Current Valuation | 120.72 M | ||||
| Shares Outstanding | 33.01 M | ||||
| Price To Earning | 2.77 X | ||||
| Price To Book | 4.46 X | ||||
| Price To Sales | 3.15 X | ||||
| Revenue | 26.11 M | ||||
| Gross Profit | 14.41 M | ||||
| EBITDA | (6.92 M) | ||||
| Net Income | (21.89 M) | ||||
| Cash And Equivalents | 4.86 M | ||||
| Cash Per Share | 0.17 X | ||||
| Total Debt | 1.45 M | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 3.82 X | ||||
| Book Value Per Share | 0.94 X | ||||
| Cash Flow From Operations | 5.69 M | ||||
| Earnings Per Share | (0.33) X | ||||
| Market Capitalization | 66.68 M | ||||
| Total Asset | 42.15 M | ||||
| Retained Earnings | (26.5 M) | ||||
| Working Capital | (3.06 M) | ||||
About Digihost Technology Performance
By evaluating Digihost Technology's fundamental ratios, stakeholders can gain valuable insights into Digihost Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Digihost Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Digihost Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 29.69 | 28.21 | |
| Return On Tangible Assets | (0.48) | (0.50) | |
| Return On Capital Employed | (0.54) | (0.51) | |
| Return On Assets | (0.47) | (0.49) | |
| Return On Equity | (0.67) | (0.71) |
Things to note about Digihost Technology performance evaluation
Checking the ongoing alerts about Digihost Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Digihost Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Digihost Technology is way too risky over 90 days horizon | |
| Digihost Technology appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 26.11 M. Net Loss for the year was (21.89 M) with profit before overhead, payroll, taxes, and interest of 14.41 M. | |
| Digihost Technology has a poor financial position based on the latest SEC disclosures | |
| About 30.0% of the company shares are held by company insiders |
- Analyzing Digihost Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Digihost Technology's stock is overvalued or undervalued compared to its peers.
- Examining Digihost Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Digihost Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Digihost Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Digihost Technology's stock. These opinions can provide insight into Digihost Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Digihost Stock analysis
When running Digihost Technology's price analysis, check to measure Digihost Technology'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 Digihost Technology is operating at the current time. Most of Digihost Technology's value examination focuses on studying past and present price action to predict the probability of Digihost Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digihost Technology's price. Additionally, you may evaluate how the addition of Digihost Technology to your portfolios can decrease your overall portfolio volatility.
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