Digihost Technology Stock Alpha and Beta Analysis
| DGHI Stock | USD 2.12 0.19 9.84% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Digihost Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Digihost Technology over a specified time horizon. Remember, high Digihost Technology'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 Digihost Technology's market risk premium analysis include:
Beta 1.01 | Alpha 0.77 | Risk 6.51 | Sharpe Ratio 0.18 | Expected Return 1.15 |
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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.
Digihost |
Digihost Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Digihost Technology market risk premium is the additional return an investor will receive from holding Digihost Technology 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 Digihost Technology. 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 Digihost Technology's performance over market.| α | 0.77 | β | 1.01 |
Digihost Technology 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 Digihost Technology's Buy-and-hold return. Our buy-and-hold chart shows how Digihost Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Digihost Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Digihost Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digihost Technology shares will generate the highest return on investment. By understating and applying Digihost Technology stock market price indicators, traders can identify Digihost Technology position entry and exit signals to maximize returns.
Digihost Technology Return and Market Media
The median price of Digihost Technology for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 is 1.27 with a coefficient of variation of 24.49. The daily time series for the period is distributed with a sample standard deviation of 0.35, arithmetic mean of 1.41, and mean deviation of 0.3. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Digihost Technology Inc. Provides September 2024 Production Update - Marketscreener.com | 10/01/2024 |
2 | Digihost Technology Sets Q3 2024 Earnings Call for November 15 DGHI Stock News - StockTitan | 11/14/2024 |
About Digihost Technology 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 Digihost or other stocks. Alpha measures the amount that position in Digihost Technology 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) | Payables Turnover | 6.08 | 13.21 | 7.93 | 7.54 | Days Of Inventory On Hand | 884.35 | 32.99 | 29.69 | 28.21 |
Digihost Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of Digihost Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Digihost Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Digihost Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Digihost Technology. Please utilize our Beneish M Score to check the likelihood of Digihost Technology's management manipulating its earnings.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Digihost Technology Backtesting, Digihost Technology Valuation, Digihost Technology Correlation, Digihost Technology Hype Analysis, Digihost Technology Volatility, Digihost Technology History and analyze Digihost Technology Performance. For more detail on how to invest in Digihost Stock please use our How to Invest in Digihost Technology guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Digihost Technology 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.