Hut 8 Shares Owned By Insiders vs. Profit Margin
| HUT Stock | CAD 34.27 0.99 2.81% |
For Hut 8 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hut 8 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hut 8 Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hut 8's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hut 8 Mining over time as well as its relative position and ranking within its peers.
Hut |
Hut 8 Mining Profit Margin vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hut 8's current stock value. Our valuation model uses many indicators to compare Hut 8 value to that of its competitors to determine the firm's financial worth. Hut 8 Mining is one of the top stocks in shares owned by insiders category among its peers. It also is one of the top stocks in profit margin category among its peers fabricating about 0.02 of Profit Margin per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Profit Margin for Hut 8 Mining is roughly 62.95 . At this time, Hut 8's Net Profit Margin is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hut 8 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hut 8's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Hut Profit Margin vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Hut 8 |
| = | 58.66 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Hut 8 |
| = | 0.93 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Hut Profit Margin Comparison
Hut 8 is currently under evaluation in profit margin category among its peers.
Hut 8 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hut 8, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hut 8 will eventually generate negative long term returns. The profitability progress is the general direction of Hut 8's change in net profit over the period of time. It can combine multiple indicators of Hut 8, 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 | 14.2 M | 17.1 M | |
| Operating Income | -13.3 M | -13.9 M | |
| Income Before Tax | 7.8 M | 8.2 M | |
| Total Other Income Expense Net | 21.1 M | 22.1 M | |
| Net Income | 8.4 M | 8.8 M | |
| Income Tax Expense | -568.2 K | -539.8 K | |
| Net Loss | -218.5 M | -207.6 M | |
| Net Interest Income | -25.1 M | -26.4 M | |
| Net Loss | -59 M | -62 M | |
| Change To Netincome | -65.4 M | -62.1 M | |
| Net Income Per Share | 0.29 | 0.31 | |
| Income Quality | (3.16) | (3.00) | |
| Net Income Per E B T | 2.11 | 2.21 |
Hut Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hut 8. 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 Hut 8 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 Hut 8's important profitability drivers and their relationship over time.
Use Hut 8 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 Hut 8 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 Hut 8 will appreciate offsetting losses from the drop in the long position's value.Hut 8 Pair Trading
Hut 8 Mining Pair Trading Analysis
The ability to find closely correlated positions to Hut 8 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hut 8 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 Hut 8 - 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 Hut 8 Mining to buy it.
The correlation of Hut 8 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 Hut 8 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hut 8 Mining 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 Hut 8 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 Hut 8 position
In addition to having Hut 8 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?
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Other Information on Investing in Hut Stock
To fully project Hut 8's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hut 8 Mining at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hut 8's income statement, its balance sheet, and the statement of cash flows.