CleanSpark Cost Of Revenue from 2010 to 2024
| CLSK Stock | USD 18.12 1.11 5.77% |
Cost Of Revenue | First Reported 2014-06-30 | Previous Quarter 46.2 M | Current Value 28.9 M | Quarterly Volatility 11.1 M |
Check CleanSpark financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CleanSpark main balance sheet or income statement drivers, such as Interest Expense of 1.7 M, Other Operating Expenses of 352.2 M or Total Operating Expenses of 184 M, as well as many exotic indicators such as Price To Sales Ratio of 2.54, Dividend Yield of 1.0E-4 or PTB Ratio of 0.55. CleanSpark financial statements analysis is a perfect complement when working with CleanSpark Valuation or Volatility modules.
CleanSpark | Cost Of Revenue |
Latest CleanSpark's Cost Of Revenue Growth Pattern
Below is the plot of the Cost Of Revenue of CleanSpark over the last few years. Cost of Revenue is found on CleanSpark income statement and represents the costs associated with goods and services CleanSpark provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is CleanSpark's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CleanSpark's overall financial position and show how it may be relating to other accounts over time.
| Cost Of Revenue | 10 Years Trend |
|
Cost Of Revenue |
| Timeline |
CleanSpark Cost Of Revenue Regression Statistics
| Arithmetic Mean | 35,691,202 | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | 177.55 | |
| Mean Deviation | 48,819,793 | |
| Median | 390,774 | |
| Standard Deviation | 63,368,778 | |
| Sample Variance | 4015.6T | |
| Range | 168.2M | |
| R-Value | 0.77 | |
| Mean Square Error | 1750.2T | |
| R-Squared | 0.60 | |
| Significance | 0.0008 | |
| Slope | 10,932,544 | |
| Total Sum of Squares | 56218.4T |
CleanSpark Cost Of Revenue History
About CleanSpark Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CleanSpark income statement, its balance sheet, and the statement of cash flows. CleanSpark investors use historical funamental indicators, such as CleanSpark's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although CleanSpark investors may use each financial statement separately, they are all related. The changes in CleanSpark's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CleanSpark's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CleanSpark Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CleanSpark. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cost Of Revenue | 160.2 M | 168.2 M |
CleanSpark Investors Sentiment
The influence of CleanSpark's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CleanSpark. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CleanSpark's public news can be used to forecast risks associated with an investment in CleanSpark. The trend in average sentiment can be used to explain how an investor holding CleanSpark can time the market purely based on public headlines and social activities around CleanSpark. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CleanSpark's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CleanSpark's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CleanSpark's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CleanSpark.
CleanSpark Implied Volatility | 112.49 |
CleanSpark's implied volatility exposes the market's sentiment of CleanSpark stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CleanSpark's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that CleanSpark stock will not fluctuate a lot when CleanSpark's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CleanSpark in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CleanSpark's short interest history, or implied volatility extrapolated from CleanSpark options trading.
Pair Trading with CleanSpark
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 CleanSpark 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 CleanSpark will appreciate offsetting losses from the drop in the long position's value.Moving together with CleanSpark Stock
| 0.71 | WU | Western Union Financial Report 7th of May 2024 | PairCorr |
Moving against CleanSpark Stock
| 0.58 | JG | Aurora Mobile | PairCorr |
| 0.58 | KE | Kimball Electronics Financial Report 2nd of May 2024 | PairCorr |
| 0.52 | MX | MagnaChip Semiconductor Financial Report 1st of May 2024 | PairCorr |
| 0.49 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.43 | G | Genpact Limited Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to CleanSpark could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CleanSpark 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 CleanSpark - 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 CleanSpark to buy it.
The correlation of CleanSpark 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 CleanSpark moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CleanSpark 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 CleanSpark 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.Check out the analysis of CleanSpark Correlation against competitors. For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for CleanSpark Stock analysis
When running CleanSpark's price analysis, check to measure CleanSpark'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 CleanSpark is operating at the current time. Most of CleanSpark's value examination focuses on studying past and present price action to predict the probability of CleanSpark's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CleanSpark's price. Additionally, you may evaluate how the addition of CleanSpark to your portfolios can decrease your overall portfolio volatility.
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Is CleanSpark's industry 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 CleanSpark. If investors know CleanSpark 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 CleanSpark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.69) | Revenue Per Share 1.639 | Quarterly Revenue Growth 1.652 | Return On Assets (0.07) | Return On Equity (0.12) |
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark'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 CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark'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 CleanSpark's value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark'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.