Digihost Technology Stock Analysis

DGHI Stock  CAD 1.88  0.15  8.67%   
Digihost Technology is overvalued with Real Value of 1.8 and Hype Value of 1.88. The main objective of Digihost Technology stock analysis is to determine its intrinsic value, which is an estimate of what Digihost Technology is worth, separate from its market price. There are two main types of Digihost Technology's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Digihost Technology's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Digihost Technology's stock to identify patterns and trends that may indicate its future price movements.
The Digihost Technology stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Digihost Technology is usually not traded on Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day. Digihost Stock trading window is adjusted to America/Toronto timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digihost Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Digihost Stock Analysis Notes

About 27.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.71. Some equities with similar Price to Book (P/B) outperform the market in the long run. Digihost Technology recorded a loss per share of 0.79. The entity last dividend was issued on the 20th of February 2020. The firm had 1:3 split on the 28th of October 2021. Digihost Technology Inc. operates as a blockchain technology company. Digihost Technology Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. DIGIHOST TECHNOLOGY is traded on Commodity Exchange in Exotistan. To learn more about Digihost Technology call Michel Amar at 917 242 6549 or check out https://www.digihost.ca/docs/.

Digihost Technology Quarterly Total Revenue

9.18 Million

Digihost Technology Investment Alerts

Digihost Technology generated a negative expected return over the last 90 days
Digihost Technology has high historical volatility and very poor performance
Digihost Technology may become a speculative penny stock
The company reported the revenue of 26.11 M. Net Loss for the year was (21.89 M) with profit before overhead, payroll, taxes, and interest of 7.08 M.
About 27.0% of the company shares are held by company insiders
Latest headline from news.google.com: Bit Digital and Digihost Announce Expansion of Strategic Collaboration to Further Increase Combined Hashrates by 2 EH - Marketscreener.com

Digihost Largest EPS Surprises

Earnings surprises can significantly impact Digihost Technology's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-06-30
2024-06-30-0.301-0.21920.081827 
2024-11-12
2024-09-30-0.176-0.2943-0.118367 
2022-05-17
2022-03-310.160.0029-0.157198 
View All Earnings Estimates

Digihost Technology Thematic Classifications

In addition to having Digihost Technology stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Computers Idea
Computers
USA Equities from Computers industry as classified by Fama & French

Digihost Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 70.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Digihost Technology's market, we take the total number of its shares issued and multiply it by Digihost Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Digihost Profitablity

Digihost Technology's profitability indicators refer to fundamental financial ratios that showcase Digihost Technology's ability to generate income relative to its revenue or operating costs. If, let's say, Digihost Technology is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Digihost Technology's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Digihost Technology's profitability requires more research than a typical breakdown of Digihost Technology's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.38) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.48) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.48.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.48)(0.50)
Return On Capital Employed(0.54)(0.51)
Return On Assets(0.47)(0.49)
Return On Equity(0.67)(0.71)

Management Efficiency

Digihost Technology has return on total asset (ROA) of (0.2131) % which means that it has lost $0.2131 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.5) %, meaning that it generated substantial loss on money invested by shareholders. Digihost Technology's management efficiency ratios could be used to measure how well Digihost Technology manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.5 in 2025. Return On Capital Employed is likely to climb to -0.51 in 2025. At this time, Digihost Technology's Net Tangible Assets are fairly stable compared to the past year. Intangible Assets is likely to climb to about 1.1 M in 2025, whereas Total Current Assets are likely to drop slightly above 2.4 M in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 0.93  0.92 
Tangible Book Value Per Share 0.89  0.86 
Enterprise Value Over EBITDA(8.60)(9.03)
Price Book Value Ratio 2.00  2.10 
Enterprise Value Multiple(8.60)(9.03)
Price Fair Value 2.00  2.10 
Enterprise Value76.1 M72.3 M
The operational strategies employed by Digihost Technology management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Operating Margin
(0.48)
Profit Margin
(0.38)
Beta
7.386
Return On Assets
(0.21)
Return On Equity
(0.50)

Technical Drivers

As of the 25th of March, Digihost Technology shows the Variance of 76.71, mean deviation of 6.79, and Standard Deviation of 8.76. Digihost Technology technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Digihost Technology variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Digihost Technology is priced favorably, providing market reflects its regular price of 1.88 per share.

Digihost Technology Price Movement Analysis

Execute Study
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Digihost Technology middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Digihost Technology. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Digihost Technology Outstanding Bonds

Digihost Technology issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Digihost Technology uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Digihost bonds can be classified according to their maturity, which is the date when Digihost Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Digihost Technology Predictive Daily Indicators

Digihost Technology intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Digihost Technology stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Digihost Technology Forecast Models

Digihost Technology's time-series forecasting models are one of many Digihost Technology's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Digihost Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Digihost Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Digihost Technology prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Digihost shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Digihost Technology. By using and applying Digihost Stock analysis, traders can create a robust methodology for identifying Digihost entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.75)(0.79)
Operating Profit Margin(0.60)(0.63)
Net Loss(0.75)(0.79)
Gross Profit Margin(0.33)(0.35)

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Digihost Technology to your portfolios without increasing risk or reducing expected return.

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Additional Tools for Digihost Stock Analysis

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