Cleanspark Stock Price on December 26, 2024

CLSK Stock  USD 9.78  0.58  5.60%   
Below is the normalized historical share price chart for CleanSpark extending back to July 18, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of CleanSpark stands at 9.78, as last reported on the 29th of December, with the highest price reaching 10.46 and the lowest price hitting 9.71 during the day.
IPO Date
29th of January 2016
200 Day MA
14.272
50 Day MA
12.8786
Beta
4.195
 
Yuan Drop
 
Covid
If you're considering investing in CleanSpark Stock, it is important to understand the factors that can impact its price. CleanSpark appears to be moderately volatile, given 3 months investment horizon. CleanSpark secures Sharpe Ratio (or Efficiency) of 0.0456, which signifies that the company had a 0.0456% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for CleanSpark, which you can use to evaluate the volatility of the firm. Please makes use of CleanSpark's risk adjusted performance of 0.0452, and Mean Deviation of 5.71 to double-check if our risk estimates are consistent with your expectations.
  
At this time, CleanSpark's Liabilities And Stockholders Equity is quite stable compared to the past year. Preferred Stock Total Equity is expected to rise to 2,113 this year, although the value of Sale Purchase Of Stock will most likely fall to about 2.1 M. . At this time, CleanSpark's Price Book Value Ratio is quite stable compared to the past year. Price To Book Ratio is expected to rise to 1.18 this year, although the value of Price Earnings To Growth Ratio will most likely fall to 0.26. CleanSpark Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0456

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Estimated Market Risk

 7.79
  actual daily
69
69% of assets are less volatile

Expected Return

 0.36
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average CleanSpark is performing at about 3% of its full potential. 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 CleanSpark by adding it to a well-diversified portfolio.
Price Book
1.5596
Enterprise Value Ebitda
154.4253
Price Sales
8.025
Shares Float
240.8 M
Wall Street Target Price
23.8333

CleanSpark Main Headline on 26th of December 2024

Filed transaction by CleanSpark Officer: Chief Technology Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

CleanSpark Valuation on December 26, 2024

It is possible to determine the worth of CleanSpark on a given historical date. On December 26, 2024 CleanSpark was worth 10.46 at the beginning of the trading date compared to the closed value of 10.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CleanSpark stock. Still, in general, we apply an absolute valuation method to find CleanSpark's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CleanSpark where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CleanSpark's related companies.
 Open High Low Close Volume
  10.62    10.83    10.32    10.66    14,608,200  
12/26/2024
  10.46    10.66    10.32    10.36    15,523,761  
  10.38    10.46    9.71    9.78    22,699,804  
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Open Value
10.46
10.36
Closing Value
33.83
Upside

CleanSpark Trading Date Momentum on December 26, 2024

On December 27 2024 CleanSpark was traded for  9.78  at the closing time. The top price for the day was 10.46  and the lowest listed price was  9.71 . The trading volume for the day was 22.7 M. The trading history from December 27, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.60% . The overall trading delta against the current closing price is 0.19% .

CleanSpark Fundamentals Correlations and Trends

By evaluating CleanSpark's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CleanSpark's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CleanSpark financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About CleanSpark Stock history

CleanSpark investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CleanSpark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CleanSpark will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CleanSpark stock prices may prove useful in developing a viable investing in CleanSpark
Last ReportedProjected for Next Year
Common Stock Shares Outstanding216.9 M227.7 M
Net Loss-51.6 M-49 M

CleanSpark Stock Technical Analysis

CleanSpark 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.
A focus of CleanSpark technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CleanSpark trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

CleanSpark Period Price Range

Low
December 29, 2024
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High

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CleanSpark cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

CleanSpark December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how CleanSpark stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CleanSpark shares will generate the highest return on investment. By undertsting and applying CleanSpark stock market strength indicators, traders can identify CleanSpark entry and exit signals to maximize returns

CleanSpark Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CleanSpark's price direction in advance. Along with the technical and fundamental analysis of CleanSpark Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CleanSpark to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether CleanSpark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CleanSpark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cleanspark Stock. Highlighted below are key reports to facilitate an investment decision about Cleanspark Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 CleanSpark. If investors know CleanSpark 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 CleanSpark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.69)
Revenue Per Share
1.788
Quarterly Revenue Growth
1.287
Return On Assets
0.022
Return On Equity
(0.15)
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark'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 CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark'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 CleanSpark's value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark'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.