Hut 8 Corp Stock Performance
| HUT Stock | USD 12.07 0.88 6.80% |
The company retains a Market Volatility (i.e., Beta) of 2.23, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hut 8 will likely underperform. At this point, Hut 8 Corp has a negative expected return of -0.95%. Please make sure to check out Hut 8's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Hut 8 Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Hut 8 Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in April 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Begin Period Cash Flow | 31 M |
Hut |
Hut 8 Relative Risk vs. Return Landscape
If you would invest 2,380 in Hut 8 Corp on December 19, 2024 and sell it today you would lose (1,173) from holding Hut 8 Corp or give up 49.29% of portfolio value over 90 days. Hut 8 Corp is generating negative expected returns assuming volatility of 6.1449% on return distribution over 90 days investment horizon. In other words, 54% of stocks are less volatile than Hut, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Hut 8 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hut 8's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hut 8 Corp, and traders can use it to determine the average amount a Hut 8's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1545
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| Negative Returns | HUT |
Estimated Market Risk
| 6.14 actual daily | 54 54% of assets are less volatile |
Expected Return
| -0.95 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hut 8 is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hut 8 by adding Hut 8 to a well-diversified portfolio.
Hut 8 Fundamentals Growth
Hut Stock prices reflect investors' perceptions of the future prospects and financial health of Hut 8, and Hut 8 fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hut Stock performance.
| Return On Equity | -1.23 | ||||
| Return On Asset | -0.0425 | ||||
| Profit Margin | 1.02 % | ||||
| Operating Margin | (2.40) % | ||||
| Current Valuation | 1.61 B | ||||
| Shares Outstanding | 93.39 M | ||||
| Price To Earning | 3.08 X | ||||
| Price To Book | 1.38 X | ||||
| Price To Sales | 8.28 X | ||||
| Revenue | 671.72 M | ||||
| EBITDA | 254.5 M | ||||
| Cash And Equivalents | 33.02 M | ||||
| Cash Per Share | 0.17 X | ||||
| Total Debt | 64.97 M | ||||
| Debt To Equity | 0.10 % | ||||
| Book Value Per Share | 7.26 X | ||||
| Cash Flow From Operations | (68.53 M) | ||||
| Earnings Per Share | (0.78) X | ||||
| Total Asset | 1.52 B | ||||
| Retained Earnings | 231.63 M | ||||
About Hut 8 Performance
Assessing Hut 8's fundamental ratios provides investors with valuable insights into Hut 8's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Hut 8 is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Hut 8 Corp performance evaluation
Checking the ongoing alerts about Hut 8 for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hut 8 Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hut 8 Corp generated a negative expected return over the last 90 days | |
| Hut 8 Corp has high historical volatility and very poor performance | |
| Hut 8 Corp has about 33.02 M in cash with (68.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17. | |
| Hut 8 Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 57.0% of the company shares are owned by institutional investors |
- Analyzing Hut 8's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hut 8's stock is overvalued or undervalued compared to its peers.
- Examining Hut 8's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hut 8's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hut 8's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hut 8's stock. These opinions can provide insight into Hut 8's potential for growth and whether the stock is currently undervalued or overvalued.
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.