Cipher Historical Financial Ratios
| CIFR Stock | USD 6.45 0.82 14.56% |
Cipher Mining is presently reporting on over 98 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0, PTB Ratio of 2.23 or Days Sales Outstanding of 2.37 will help investors to properly organize and evaluate Cipher Mining financial condition quickly.
Cipher |
About Cipher Financial Ratios Analysis
Cipher MiningFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Cipher Mining investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Cipher financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Cipher Mining history.
Cipher Mining Financial Ratios Chart
Add Fundamental
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Research And Ddevelopement To Revenue
The ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services.Most ratios from Cipher Mining's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Cipher Mining current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cipher Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. To learn how to invest in Cipher Stock, please use our How to Invest in Cipher Mining guide.At this time, Cipher Mining's Enterprise Value Multiple is relatively stable compared to the past year. As of 11/29/2024, Price Fair Value is likely to grow to 2.23, while Free Cash Flow Yield is likely to drop (0.15).
| 2010 | 2023 | 2024 (projected) | Payables Turnover | 0.0201 | 10.1 | 10.61 | Days Of Inventory On Hand | 10.3K | 239.26 | 227.3 |
Cipher Mining fundamentals Correlations
Click cells to compare fundamentals
Cipher Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Cipher Mining
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 Cipher Mining 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 Cipher Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Cipher Stock
Moving against Cipher Stock
| 0.62 | RC | Ready Capital Corp | PairCorr |
| 0.57 | BRACU | Broad Capital Acquisition | PairCorr |
| 0.46 | EARN | Ellington Residential | PairCorr |
| 0.39 | EMCGR | Embrace Change Acqui | PairCorr |
| 0.37 | PFTAW | Portage Fintech Acqu | PairCorr |
The ability to find closely correlated positions to Cipher Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cipher Mining 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 Cipher Mining - 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 Cipher Mining to buy it.
The correlation of Cipher Mining 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 Cipher Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cipher Mining 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 Cipher Mining 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.Additional Tools for Cipher Stock Analysis
When running Cipher Mining's price analysis, check to measure Cipher Mining'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 Cipher Mining is operating at the current time. Most of Cipher Mining's value examination focuses on studying past and present price action to predict the probability of Cipher Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cipher Mining's price. Additionally, you may evaluate how the addition of Cipher Mining to your portfolios can decrease your overall portfolio volatility.