Galaxy Digital Holdings Stock Five Year Return
| GLXY Stock | CAD 25.73 0.98 3.96% |
Galaxy Digital Holdings fundamentals help investors to digest information that contributes to Galaxy Digital's financial success or failures. It also enables traders to predict the movement of Galaxy Stock. The fundamental analysis module provides a way to measure Galaxy Digital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Galaxy Digital stock.
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Galaxy Digital Holdings Company Five Year Return Analysis
Galaxy Digital's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Galaxy Five Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Galaxy Digital is extremely important. It helps to project a fair market value of Galaxy Stock properly, considering its historical fundamentals such as Five Year Return. Since Galaxy Digital's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Galaxy Digital's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Galaxy Digital's interrelated accounts and indicators.
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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Galaxy Return On Tangible Assets
Return On Tangible Assets |
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According to the company disclosure, Galaxy Digital Holdings has a Five Year Return of 0.0%. This indicator is about the same for the Capital Markets average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
Galaxy Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Galaxy Digital's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Galaxy Digital could also be used in its relative valuation, which is a method of valuing Galaxy Digital by comparing valuation metrics of similar companies.Galaxy Digital is currently under evaluation in five year return category among its peers.
Galaxy Digital Current Valuation Drivers
We derive many important indicators used in calculating different scores of Galaxy Digital from analyzing Galaxy Digital's financial statements. These drivers represent accounts that assess Galaxy Digital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Galaxy Digital's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 54.1M | 588.1M | 1.7B | 297.3M | 824.3M | 865.5M | |
| Enterprise Value | 54.1M | 608.9M | 1.6B | 287.3M | 823.5M | 864.6M |
Galaxy Fundamentals
| Return On Equity | 0.61 | ||||
| Current Valuation | 3.11 B | ||||
| Shares Outstanding | 125.78 M | ||||
| Shares Owned By Insiders | 2.11 % | ||||
| Shares Owned By Institutions | 25.63 % | ||||
| Number Of Shares Shorted | 1.31 M | ||||
| Price To Earning | 2.51 X | ||||
| Price To Book | 2.27 X | ||||
| Price To Sales | 34.67 X | ||||
| EBITDA | 493.24 K | ||||
| Net Income | 454.76 M | ||||
| Cash And Equivalents | 8.71 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 94.2 M | ||||
| Current Ratio | 1.01 X | ||||
| Book Value Per Share | 7.63 X | ||||
| Cash Flow From Operations | (16.52 M) | ||||
| Short Ratio | 1.94 X | ||||
| Earnings Per Share | 4.68 X | ||||
| Target Price | 37.85 | ||||
| Number Of Employees | 514 | ||||
| Beta | 3.15 | ||||
| Market Capitalization | 8.46 B | ||||
| Total Asset | 875.24 M | ||||
| Retained Earnings | 264.06 M | ||||
| Working Capital | 32.01 M | ||||
| Net Asset | 875.24 M |
About Galaxy Digital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Galaxy Digital Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Galaxy Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Galaxy Digital Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Galaxy Digital
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 Galaxy Digital 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 Galaxy Digital will appreciate offsetting losses from the drop in the long position's value.Moving together with Galaxy Stock
Moving against Galaxy Stock
The ability to find closely correlated positions to Galaxy Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Galaxy Digital 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 Galaxy Digital - 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 Galaxy Digital Holdings to buy it.
The correlation of Galaxy Digital 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 Galaxy Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galaxy Digital Holdings 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 Galaxy Digital 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.Other Information on Investing in Galaxy Stock
Galaxy Digital financial ratios help investors to determine whether Galaxy Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Galaxy with respect to the benefits of owning Galaxy Digital security.