Digihost Technology Shares Owned By Institutions vs. Revenue
| DGHI Stock | CAD 2.49 0.19 7.09% |
For Digihost Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Digihost Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Digihost Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Digihost Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Digihost Technology over time as well as its relative position and ranking within its peers.
Digihost |
Digihost Technology Revenue vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Digihost Technology's current stock value. Our valuation model uses many indicators to compare Digihost Technology value to that of its competitors to determine the firm's financial worth. Digihost Technology is one of the top stocks in shares owned by institutions category among its peers. It also is rated as one of the top companies in revenue category among its peers totaling about 2,547,601 of Revenue per Shares Owned By Institutions. At this time, Digihost Technology's Total Revenue is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Digihost Technology's earnings, one of the primary drivers of an investment's value.Digihost Revenue vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Digihost Technology |
| = | 10.25 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Digihost Technology |
| = | 26.11 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Digihost Revenue vs Competition
Digihost Technology is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Information Technology industry is currently estimated at about 2.47 Trillion. Digihost Technology adds roughly 26.11 Million in revenue claiming only tiny portion of equities under Information Technology industry.
Digihost Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Digihost Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Digihost Technology will eventually generate negative long term returns. The profitability progress is the general direction of Digihost Technology's change in net profit over the period of time. It can combine multiple indicators of Digihost Technology, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -3.1 M | -3 M | |
| Net Income Applicable To Common Shares | 260.4 K | 273.4 K | |
| Net Interest Income | -42.1 K | -44.2 K | |
| Operating Income | -15 M | -14.2 M | |
| Net Loss | -21.9 M | -20.8 M | |
| Income Before Tax | -21.9 M | -20.8 M | |
| Net Loss | -21.9 M | -20.8 M | |
| Total Other Income Expense Net | -6.9 M | -6.5 M | |
| Income Tax Expense | -1.4 M | -1.3 M | |
| Change To Netincome | -12.1 M | -11.5 M | |
| Net Loss | (0.77) | (0.73) | |
| Income Quality | (0.26) | (0.27) | |
| Net Income Per E B T | 1.78 | 1.07 |
Digihost Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Digihost Technology. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Digihost Technology position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Digihost Technology's important profitability drivers and their relationship over time.
Use Digihost Technology in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Digihost Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Digihost Technology will appreciate offsetting losses from the drop in the long position's value.Digihost Technology Pair Trading
Digihost Technology Pair Trading Analysis
The ability to find closely correlated positions to Digihost Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digihost Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Digihost Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Digihost Technology to buy it.
The correlation of Digihost Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Digihost Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digihost Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Digihost Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Digihost Technology position
In addition to having Digihost Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Adviser Favorites Thematic Idea Now
Adviser Favorites
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Adviser Favorites Theme or any other thematic opportunities.
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Additional 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.