Stronghold Digital Mining Stock Market Value
| SDIG Stock | USD 2.81 0.09 3.31% |
| Symbol | Stronghold |
Stronghold Digital Mining Price To Book Ratio
Is Application Software space 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 (0.80) | Revenue Per Share | Quarterly Revenue Growth (0.55) | Return On Assets | Return On Equity |
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.
Stronghold Digital 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Stronghold Digital's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Stronghold Digital.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Stronghold Digital on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Stronghold Digital Mining or generate 0.0% return on investment in Stronghold Digital over 90 days. Stronghold Digital is related to or competes with Terawulf, Iris Energy, Argo Blockchain, Bitfarms, Cipher Mining, and CleanSpark. Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States More
Stronghold Digital Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Stronghold Digital's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Stronghold Digital Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 27.51 | |||
| Value At Risk | (7.97) | |||
| Potential Upside | 9.07 |
Stronghold Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stronghold Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stronghold Digital's standard deviation. In reality, there are many statistical measures that can use Stronghold Digital historical prices to predict the future Stronghold Digital's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | 0.1277 | |||
| Treynor Ratio | (0.73) |
Stronghold Digital Mining Backtested Returns
Stronghold Digital Mining owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16 % return per unit of risk over the last 3 months. Stronghold Digital Mining exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stronghold Digital's Variance of 29.38, risk adjusted performance of (0.11), and Coefficient Of Variation of (698.76) to confirm the risk estimate we provide. The entity has a beta of 1.08, which indicates a somewhat significant risk relative to the market. Stronghold Digital returns are very sensitive to returns on the market. As the market goes up or down, Stronghold Digital is expected to follow. At this point, Stronghold Digital Mining has a negative expected return of -0.85%. Please make sure to validate Stronghold Digital's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day median price , to decide if Stronghold Digital Mining performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.56 |
Modest predictability
Stronghold Digital Mining has modest predictability. Overlapping area represents the amount of predictability between Stronghold Digital time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Stronghold Digital Mining price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Stronghold Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Stronghold Digital Mining lagged returns against current returns
Autocorrelation, which is Stronghold Digital stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Stronghold Digital's stock expected returns. We can calculate the autocorrelation of Stronghold Digital returns to help us make a trade decision. For example, suppose you find that Stronghold Digital has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Stronghold Digital regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Stronghold Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stronghold Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stronghold Digital stock over time.
Current vs Lagged Prices |
| Timeline |
Stronghold Digital Lagged Returns
When evaluating Stronghold Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stronghold Digital stock have on its future price. Stronghold Digital autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Stronghold Digital autocorrelation shows the relationship between Stronghold Digital stock current value and its past values and can show if there is a momentum factor associated with investing in Stronghold Digital Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Stronghold Digital Mining is a strong investment it is important to analyze Stronghold Digital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Stronghold Digital's future performance. For an informed investment choice regarding Stronghold Stock, refer to the following important reports:Check out Stronghold Digital Correlation, Stronghold Digital Volatility and Stronghold Digital Alpha and Beta module to complement your research on Stronghold Digital. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Stronghold Digital technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.