Cleanspark Stock Alpha and Beta Analysis
| CLSK Stock | USD 14.35 0.49 3.54% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CleanSpark. It also helps investors analyze the systematic and unsystematic risks associated with investing in CleanSpark over a specified time horizon. Remember, high CleanSpark's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to CleanSpark's market risk premium analysis include:
Beta 5.75 | Alpha (0.01) | Risk 7.61 | Sharpe Ratio 0.13 | Expected Return 1 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
CleanSpark |
CleanSpark Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CleanSpark market risk premium is the additional return an investor will receive from holding CleanSpark long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CleanSpark. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate CleanSpark's performance over market.| α | -0.01 | β | 5.75 |
CleanSpark expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of CleanSpark's Buy-and-hold return. Our buy-and-hold chart shows how CleanSpark performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.CleanSpark Market Price Analysis
Market price analysis 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 understating and applying CleanSpark stock market price indicators, traders can identify CleanSpark position entry and exit signals to maximize returns.
CleanSpark Return and Market Media
The median price of CleanSpark for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 10.68 with a coefficient of variation of 20.75. The daily time series for the period is distributed with a sample standard deviation of 2.32, arithmetic mean of 11.17, and mean deviation of 1.96. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 5000 shares by Taylor Monnig of CleanSpark at 5.98 subject to Rule 16b-3 | 09/06/2024 |
2 | Cleanspark Inc Shares Up 9.13 percent on Oct 18 | 10/18/2024 |
3 | CleanSpark Stock Drops Despite Market Gains Important Facts to Note | 10/29/2024 |
4 | Why Bitcoin-Related Stock CleanSpark Is Up 35 percent This Week | 11/08/2024 |
5 | CleanSpark Advances While Market Declines Some Information for Investors | 11/15/2024 |
6 | Is It Worth Investing in CleanSpark Based on Wall Streets Bullish Views | 11/25/2024 |
7 | Cleanspark Inc Shares Gap Down to 13.5647 on Nov 26 | 11/26/2024 |
About CleanSpark Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including CleanSpark or other stocks. Alpha measures the amount that position in CleanSpark has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.002322 | 5.4E-5 | 6.2E-5 | 5.9E-5 | Price To Sales Ratio | 1.03 | 2.32 | 2.67 | 2.54 |
CleanSpark Upcoming Company Events
As portrayed in its financial statements, the presentation of CleanSpark's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CleanSpark's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of CleanSpark's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of CleanSpark. Please utilize our Beneish M Score to check the likelihood of CleanSpark's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of December 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Build Portfolio with CleanSpark
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out CleanSpark Backtesting, CleanSpark Valuation, CleanSpark Correlation, CleanSpark Hype Analysis, CleanSpark Volatility, CleanSpark History and analyze CleanSpark Performance. For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.