Is CleanSpark Stock a Good Investment?
CleanSpark Investment Advice | CLSK |
- Examine CleanSpark's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research CleanSpark's leadership team and their track record. Good management can help CleanSpark navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact CleanSpark's business and its evolving consumer preferences.
- Compare CleanSpark's performance and market position to its competitors. Analyze how CleanSpark is positioned in terms of product offerings, innovation, and market share.
- Check if CleanSpark pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about CleanSpark's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in CleanSpark stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if CleanSpark is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine CleanSpark Stock
Researching CleanSpark's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 40.0% of the company shares are held by institutions such as insurance companies. The book value of CleanSpark was currently reported as 4.37. The company recorded a loss per share of 0.69. CleanSpark last dividend was issued on the 21st of June 2021. The entity had 1:10 split on the 11th of December 2019.
To determine if CleanSpark is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding CleanSpark's research are outlined below:
| CleanSpark is way too risky over 90 days horizon | |
| CleanSpark appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 168.41 M. Net Loss for the year was (132.16 M) with profit before overhead, payroll, taxes, and interest of 90.29 M. | |
| CleanSpark currently holds about 3.48 M in cash with (30.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| CleanSpark has a frail financial position based on the latest SEC disclosures | |
| Latest headline from simplywall.st: CleanSpark delivers shareholders enviable 2 percent return over 1 year, surging 20 percent in the last week alone |
CleanSpark uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in CleanSpark. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to CleanSpark's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of December 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact CleanSpark's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises CleanSpark's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-09 | 2023-06-30 | -0.17 | -0.12 | 0.05 | 29 | ||
2023-02-09 | 2022-12-31 | -0.53 | -0.46 | 0.07 | 13 | ||
2023-05-10 | 2023-03-31 | -0.33 | -0.23 | 0.1 | 30 | ||
2022-05-10 | 2022-03-31 | 0.3 | 0.1934 | -0.1066 | 35 | ||
2020-12-17 | 2020-09-30 | -0.24 | -0.12 | 0.12 | 50 | ||
2021-02-12 | 2020-12-31 | -0.12 | -0.32 | -0.2 | 166 | ||
2021-12-14 | 2021-09-30 | 0.07 | -0.15 | -0.22 | 314 | ||
2022-08-09 | 2022-06-30 | -0.15 | -0.39 | -0.24 | 160 |
Know CleanSpark's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as CleanSpark is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CleanSpark backward and forwards among themselves. CleanSpark's institutional investor refers to the entity that pools money to purchase CleanSpark's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Susquehanna International Group, Llp | 2023-12-31 | 2 M | Millennium Management Llc | 2023-12-31 | 1.8 M | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 1.8 M | Jane Street Group, Llc | 2023-12-31 | 1.6 M | Northern Trust Corp | 2023-12-31 | 1.4 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.4 M | Cubist Systematic Strategies, Llc | 2023-12-31 | 1.3 M | Nuveen Asset Management, Llc | 2023-12-31 | 1.2 M | Vident Advisory, Llc | 2023-12-31 | 1.1 M | Blackrock Inc | 2023-12-31 | 11.9 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 8.4 M |
CleanSpark's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CleanSpark's market, we take the total number of its shares issued and multiply it by CleanSpark's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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CleanSpark's profitablity analysis
CleanSpark's profitability indicators refer to fundamental financial ratios that showcase CleanSpark's ability to generate income relative to its revenue or operating costs. If, let's say, CleanSpark is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, CleanSpark's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of CleanSpark's profitability requires more research than a typical breakdown of CleanSpark's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.16) | (0.17) | |
| Return On Capital Employed | (0.22) | (0.23) | |
| Return On Assets | (0.16) | (0.17) | |
| Return On Equity | (0.23) | (0.24) |
Determining CleanSpark's profitability involves analyzing its financial statements and using various financial metrics to determine if CleanSpark is a good buy. For example, gross profit margin measures CleanSpark's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of CleanSpark's profitability and make more informed investment decisions.
The data published in CleanSpark's official financial statements usually reflect CleanSpark's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of CleanSpark. For example, before you start analyzing numbers published by CleanSpark accountants, it's critical to develop an understanding of what CleanSpark's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of CleanSpark's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CleanSpark's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in CleanSpark's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CleanSpark. Please utilize our Beneish M Score to check the likelihood of CleanSpark's management manipulating its earnings.
Evaluate CleanSpark's management efficiency
CleanSpark has return on total asset (ROA) of (0.0658) % which means that it has lost $0.0658 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1224) %, meaning that it created substantial loss on money invested by shareholders. CleanSpark's management efficiency ratios could be used to measure how well CleanSpark manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to -0.17. The value of Return On Capital Employed is expected to slide to -0.23. Total Current Liabilities is expected to rise to about 89.4 M this year. Liabilities And Stockholders Equity is expected to rise to about 919.6 M this year| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 5.93 | 6.23 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 5.82 | 6.11 | |
| Enterprise Value Over EBITDA | (163.45) | (171.62) | |
| Price Book Value Ratio | 0.52 | 0.55 | |
| Enterprise Value Multiple | (163.45) | (171.62) | |
| Price Fair Value | 0.52 | 0.55 | |
| Enterprise Value | 341 M | 184.3 M |
The analysis of CleanSpark's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze CleanSpark's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of CleanSpark Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 4.061 |
Basic technical analysis of CleanSpark Stock
As of the 29th of April, CleanSpark shows the risk adjusted performance of 0.1408, and Mean Deviation of 7.23. CleanSpark technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for CleanSpark, which can be compared to its peers. Please confirm CleanSpark standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if CleanSpark is priced correctly, providing market reflects its regular price of 19.23 per share. Given that CleanSpark has jensen alpha of 1.52, we suggest you to validate CleanSpark's prevailing market performance to make sure the company can sustain itself at a future point.CleanSpark's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific CleanSpark insiders, such as employees or executives, is commonly permitted as long as it does not rely on CleanSpark's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases CleanSpark insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand CleanSpark's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing CleanSpark's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1408 | |||
| Market Risk Adjusted Performance | 0.385 | |||
| Mean Deviation | 7.23 | |||
| Semi Deviation | 5.93 | |||
| Downside Deviation | 6.27 | |||
| Coefficient Of Variation | 474.69 | |||
| Standard Deviation | 9.2 | |||
| Variance | 84.71 | |||
| Information Ratio | 0.201 | |||
| Jensen Alpha | 1.52 | |||
| Total Risk Alpha | 0.7604 | |||
| Sortino Ratio | 0.2948 | |||
| Treynor Ratio | 0.375 | |||
| Maximum Drawdown | 49.31 | |||
| Value At Risk | (9.42) | |||
| Potential Upside | 19.88 | |||
| Downside Variance | 39.37 | |||
| Semi Variance | 35.19 | |||
| Expected Short fall | (9.84) | |||
| Skewness | 0.859 | |||
| Kurtosis | 1.22 |
| Risk Adjusted Performance | 0.1408 | |||
| Market Risk Adjusted Performance | 0.385 | |||
| Mean Deviation | 7.23 | |||
| Semi Deviation | 5.93 | |||
| Downside Deviation | 6.27 | |||
| Coefficient Of Variation | 474.69 | |||
| Standard Deviation | 9.2 | |||
| Variance | 84.71 | |||
| Information Ratio | 0.201 | |||
| Jensen Alpha | 1.52 | |||
| Total Risk Alpha | 0.7604 | |||
| Sortino Ratio | 0.2948 | |||
| Treynor Ratio | 0.375 | |||
| Maximum Drawdown | 49.31 | |||
| Value At Risk | (9.42) | |||
| Potential Upside | 19.88 | |||
| Downside Variance | 39.37 | |||
| Semi Variance | 35.19 | |||
| Expected Short fall | (9.84) | |||
| Skewness | 0.859 | |||
| Kurtosis | 1.22 |
Consider CleanSpark's intraday indicators
CleanSpark intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of CleanSpark stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
CleanSpark Corporate Filings
8K | 12th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 11th of April 2024 Other Reports | ViewVerify | |
| 28th of March 2024 Other Reports | ViewVerify | |
F4 | 27th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
CleanSpark Stock media impact
Far too much social signal, news, headlines, and media speculation about CleanSpark that are available to investors today. That information is available publicly through CleanSpark media outlets and privately through word of mouth or via CleanSpark internal channels. However, regardless of the origin, that massive amount of CleanSpark data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of CleanSpark news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of CleanSpark relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to CleanSpark's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive CleanSpark alpha.
CleanSpark Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards CleanSpark can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
CleanSpark Historical Investor Sentiment
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 and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average CleanSpark news discussions. The higher the estimate score, the more favorable the investor's outlook on CleanSpark.
CleanSpark Maximum Pain Price across 2024-05-03 Option Contracts
CleanSpark's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of CleanSpark close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of CleanSpark's options.
Be your own money manager
Our tools can tell you how much better you can do entering a position in CleanSpark without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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CleanSpark Corporate Management
Elected by the shareholders, the CleanSpark's board of directors comprises two types of representatives: CleanSpark inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CleanSpark. The board's role is to monitor CleanSpark's management team and ensure that shareholders' interests are well served. CleanSpark's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CleanSpark's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rachel Silverstein | SVP Counsel | Profile | |
| Bernardo Schucman | VP Division | Profile | |
| Gary CPA | Chief Officer | Profile | |
| Bradley Audiss | Vice Operations | Profile | |
| Scott Garrison | Senior Growth | Profile | |
| Owen Cadwalader | VP Operations | Profile | |
| Isaac Holyoak | Chief Officer | Profile |
How to buy CleanSpark Stock?
To provide specific investment advice or recommendations on CleanSpark stock, we recommend investors consider the following general factors when evaluating CleanSpark. This will help you to make an informed decision on whether to include CleanSpark in one of your diversified portfolios:- Examine CleanSpark's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research CleanSpark's leadership team and their track record. Good management can help CleanSpark navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact CleanSpark's business and its evolving consumer preferences.
- Compare CleanSpark's performance and market position to its competitors. Analyze how CleanSpark is positioned in terms of product offerings, innovation, and market share.
- Check if CleanSpark pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about CleanSpark's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in CleanSpark stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if CleanSpark is a good investment.
Already Invested in CleanSpark?
The danger of trading CleanSpark is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CleanSpark is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CleanSpark. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CleanSpark is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether CleanSpark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CleanSpark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cleanspark Stock. Highlighted below are key reports to facilitate an investment decision about Cleanspark Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.
In summary, please note that there is a difference between CleanSpark's value and its price, as these two are different measures arrived at by various 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.