Stronghold Digital Mining Stock Performance
| SDIG Stock | USD 3.15 0.34 9.74% |
The entity has a beta of 5.18, which indicates 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, Stronghold Digital will likely underperform. Stronghold Digital Mining has an expected return of -0.35%. Please make sure to validate Stronghold Digital kurtosis, as well as the relationship between the day median price and relative strength index , to decide if Stronghold Digital Mining performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Stronghold Digital Mining has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's forward indicators remain nearly stable which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Actual Historical Performance (%)
One Day Return (9.74) | Five Day Return (12.26) | Year To Date Return (52.27) | Ten Year Return (98.91) | All Time Return (98.91) |
Last Split Factor 1:10 | Last Split Date 2023-05-16 |
1 | Sale by Spence William B of 7901 shares of Stronghold Digital | 02/21/2024 |
2 | SDIG Stock Earnings Stronghold Digital Mining Misses EPS, Misses Revenue for Q4 2023 | 03/06/2024 |
3 | Disposition of 35896 shares by Gregory Beard of Stronghold Digital at 3.9557 subject to Rule 16b-3 | 03/18/2024 |
4 | Disposition of 166 shares by Matthew Smith of Stronghold Digital at 4.0355 subject to Rule 16b-3 | 03/20/2024 |
5 | Sentiment Still Eluding Stronghold Digital Mining, Inc. | 03/28/2024 |
6 | Disposition of 20000 shares by Spence William B. of Stronghold Digital at 6.1252 subject to Rule 16b-3 | 04/01/2024 |
7 | Acquisition by Agarwal Indira of 5399 shares of Stronghold Digital at 4.63 subject to Rule 16b-3 | 04/05/2024 |
8 | Acquisition by Gregory Beard of 602409 shares of Stronghold Digital at 1.01 subject to Rule 16b-3 | 04/08/2024 |
9 | Stronghold Digital mines 179 bitcoins in March | 04/09/2024 |
10 | Financial trouble for bitcoin miners A look back, and ahead as the halving looms | 04/12/2024 |
11 | Post-halving Bitcoin prices Ignore the noise, exec advises, as | 04/18/2024 |
12 | Stronghold Digital Mining, AMTD IDEA among financial movers | 04/22/2024 |
13 | US Bitcoin Mining Stocks Surge After the Halving | 04/23/2024 |
14 | 3 Bitcoin Mining Stocks to Watch After the April Halving | 04/26/2024 |
| Begin Period Cash Flow | 13.3 M |
Stronghold |
Stronghold Digital Relative Risk vs. Return Landscape
If you would invest 491.00 in Stronghold Digital Mining on January 31, 2024 and sell it today you would lose (176.00) from holding Stronghold Digital Mining or give up 35.85% of portfolio value over 90 days. Stronghold Digital Mining is currently does not generate positive expected returns and assumes 8.6494% risk (volatility on return distribution) over the 90 days horizon. In different words, 76% of stocks are less volatile than Stronghold, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Stronghold Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stronghold Digital's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Stronghold Digital Mining, and traders can use it to determine the average amount a Stronghold Digital'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 = -0.0406
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SDIG |
Estimated Market Risk
| 8.65 actual daily | 76 76% of assets are less volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Stronghold Digital is not performing at its full potential. However, 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 Stronghold Digital by adding Stronghold Digital to a well-diversified portfolio.
Stronghold Digital Fundamentals Growth
Stronghold Stock prices reflect investors' perceptions of the future prospects and financial health of Stronghold Digital, and Stronghold Digital 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 Stronghold Stock performance.
| Return On Equity | -1.61 | ||||
| Return On Asset | -0.17 | ||||
| Profit Margin | (0.95) % | ||||
| Operating Margin | (0.41) % | ||||
| Current Valuation | 100.55 M | ||||
| Shares Outstanding | 12.9 M | ||||
| Price To Book | 0.63 X | ||||
| Price To Sales | 0.53 X | ||||
| Revenue | 74.97 M | ||||
| Gross Profit | 20.22 M | ||||
| EBITDA | (17.84 M) | ||||
| Net Income | (71.4 M) | ||||
| Cash And Equivalents | 16.72 M | ||||
| Cash Per Share | 0.69 X | ||||
| Total Debt | 48.98 B | ||||
| Debt To Equity | 0.85 % | ||||
| Current Ratio | 0.49 X | ||||
| Book Value Per Share | 3.90 X | ||||
| Cash Flow From Operations | (65.41 M) | ||||
| Earnings Per Share | (7.46) X | ||||
| Market Capitalization | 42.96 M | ||||
| Total Asset | 174.34 B | ||||
| Retained Earnings | (331.65 B) | ||||
| Working Capital | (17.36 M) | ||||
| Current Asset | 78 K | ||||
| Current Liabilities | 11.6 M | ||||
About Stronghold Digital Performance
To evaluate Stronghold Digital Mining Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Stronghold Digital generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Stronghold Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Stronghold Digital Mining market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Stronghold's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 15.82 | 15.03 | |
| Return On Tangible Assets | (0.41) | (0.43) | |
| Return On Capital Employed | (0.38) | (0.36) | |
| Return On Assets | (0.41) | (0.43) | |
| Return On Equity | (1.12) | (1.06) |
Things to note about Stronghold Digital Mining performance evaluation
Checking the ongoing alerts about Stronghold Digital for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Stronghold Digital Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Stronghold Digital generated a negative expected return over the last 90 days | |
| Stronghold Digital has high historical volatility and very poor performance | |
| Stronghold Digital has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 48.98 B in liabilities with Debt to Equity (D/E) ratio of 0.86, which is about average as compared to similar companies. Stronghold Digital Mining has a current ratio of 0.48, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Stronghold Digital until it has trouble settling it off, either with new capital or with free cash flow. So, Stronghold Digital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Stronghold Digital Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Stronghold to invest in growth at high rates of return. When we think about Stronghold Digital's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 74.97 M. Net Loss for the year was (71.4 M) with profit before overhead, payroll, taxes, and interest of 20.22 M. | |
| Stronghold Digital Mining currently holds about 16.72 M in cash with (65.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69. | |
| Stronghold Digital has a poor financial position based on the latest SEC disclosures | |
| Latest headline from zacks.com: 3 Bitcoin Mining Stocks to Watch After the April Halving |
- Analyzing Stronghold Digital'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 Stronghold Digital's stock is overvalued or undervalued compared to its peers.
- Examining Stronghold Digital'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 Stronghold Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Stronghold Digital's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Stronghold Digital's stock. These opinions can provide insight into Stronghold Digital's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stronghold Digital Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Stronghold Digital's price analysis, check to measure Stronghold Digital'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 Stronghold Digital is operating at the current time. Most of Stronghold Digital's value examination focuses on studying past and present price action to predict the probability of Stronghold Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stronghold Digital's price. Additionally, you may evaluate how the addition of Stronghold Digital to your portfolios can decrease your overall portfolio volatility.
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Is Stronghold Digital'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 Stronghold Digital. If investors know Stronghold 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 Stronghold Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.46) | Revenue Per Share 10.99 | Quarterly Revenue Growth (0.12) | Return On Assets (0.17) | Return On Equity (1.61) |
The market value of Stronghold Digital Mining is measured differently than its book value, which is the value of Stronghold that is recorded on the company's balance sheet. Investors also form their own opinion of Stronghold Digital's value that differs from its market value or its book value, called intrinsic value, which is Stronghold Digital'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 Stronghold Digital's market value can be influenced by many factors that don't directly affect Stronghold Digital'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 Stronghold Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stronghold Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stronghold Digital'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.