Hut Market Capitalization from 2010 to 2024

HUT Stock  USD 28.45  4.03  16.50%   
Hut 8 Market Cap yearly trend continues to be comparatively stable with very little volatility. Market Cap is likely to outpace its year average in 2024.
Check Hut 8 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hut 8's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.2 M, Interest Expense of 31.1 M or Selling General Administrative of 97.8 M, as well as many indicators such as Price To Sales Ratio of 8.3, Dividend Yield of 0.0 or PTB Ratio of 1.06. Hut financial statements analysis is a perfect complement when working with Hut 8 Valuation or Volatility modules.
  
Check out the analysis of Hut 8 Correlation against competitors.

Latest Hut 8's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of Hut 8 Corp over the last few years. It is Hut 8's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hut 8's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.23 B10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Hut Market Capitalization Regression Statistics

Arithmetic Mean2,280,279,999
Geometric Mean1,832,608,205
Coefficient Of Variation50.32
Mean Deviation1,030,193,101
Median3,052,924,825
Standard Deviation1,147,329,613
Sample Variance1316365.2T
Range2.8B
R-Value(0.75)
Mean Square Error630409.5T
R-Squared0.56
Significance0
Slope(191,178,579)
Total Sum of Squares18429113.4T

Hut Market Capitalization History

20241.3 B
2023822 M
2022714.8 M
2021294.3 M
2019570 M

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as Market Capitalization, to determine how well the company is positioned to perform in the future. Although Hut 8 investors may analyze each financial statement separately, they are all interrelated. The changes in Hut 8's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hut 8's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada. Hut 8 operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 43 people.

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Additional Tools for Hut Stock Analysis

When running Hut 8's price analysis, check to measure Hut 8'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 Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.