Stronghold Digital Mining Stock Technical Analysis
| SDIG Stock | USD 5.12 0.45 9.64% |
As of the 28th of November, Stronghold Digital has the Coefficient Of Variation of 2723.58, semi deviation of 5.27, and Risk Adjusted Performance of 0.0369. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Stronghold Digital Mining, as well as the relationship between them. Please validate Stronghold Digital Mining information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Stronghold Digital is priced more or less accurately, providing market reflects its prevalent price of 5.12 per share. Given that Stronghold Digital Mining has jensen alpha of (0.23), we advise you to double-check Stronghold Digital Mining's current market performance to make sure the company can sustain itself at a future point.
Stronghold Digital Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Stronghold, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StrongholdStronghold |
Stronghold Digital Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 17.17 | Buy | 3 | Odds |
Most Stronghold analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Stronghold stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Stronghold Digital Mining, talking to its executives and customers, or listening to Stronghold conference calls.
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.
Stronghold Digital Mining Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Stronghold Digital Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Stronghold Digital Mining Trend Analysis
Use this graph to draw trend lines for Stronghold Digital Mining. You can use it to identify possible trend reversals for Stronghold Digital as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Stronghold Digital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Stronghold Digital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Stronghold Digital Mining applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Stronghold Digital Mining will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8.15, which is the sum of squared deviations for the predicted Stronghold Digital price change compared to its average price change.About Stronghold Digital Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Stronghold Digital Mining on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Stronghold Digital Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Stronghold Digital Mining price pattern first instead of the macroeconomic environment surrounding Stronghold Digital Mining. By analyzing Stronghold Digital's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Stronghold Digital's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Stronghold Digital specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.001841 | 0.001217 | Price To Sales Ratio | 0.66 | 0.63 |
Stronghold Digital November 28, 2024 Technical Indicators
Most technical analysis of Stronghold help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Stronghold from various momentum indicators to cycle indicators. When you analyze Stronghold charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0369 | |||
| Market Risk Adjusted Performance | 0.0667 | |||
| Mean Deviation | 4.78 | |||
| Semi Deviation | 5.27 | |||
| Downside Deviation | 5.52 | |||
| Coefficient Of Variation | 2723.58 | |||
| Standard Deviation | 6.45 | |||
| Variance | 41.61 | |||
| Information Ratio | 0.0173 | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.74) | |||
| Sortino Ratio | 0.0202 | |||
| Treynor Ratio | 0.0567 | |||
| Maximum Drawdown | 39.35 | |||
| Value At Risk | (7.94) | |||
| Potential Upside | 13.24 | |||
| Downside Variance | 30.5 | |||
| Semi Variance | 27.79 | |||
| Expected Short fall | (5.67) | |||
| Skewness | 0.6116 | |||
| Kurtosis | 1.9 |
Complementary Tools for Stronghold Stock analysis
When running Stronghold Digital's price analysis, check to measure Stronghold Digital'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 Stronghold Digital is operating at the current time. Most of Stronghold Digital's value examination focuses on studying past and present price action to predict the probability of Stronghold Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stronghold Digital's price. Additionally, you may evaluate how the addition of Stronghold Digital to your portfolios can decrease your overall portfolio volatility.
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