Cleanspark Stock Performance
| CLSK Stock | USD 14.12 0.74 5.53% |
On a scale of 0 to 100, CleanSpark holds a performance score of 3. The firm shows a Beta (market volatility) of 6.32, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CleanSpark will likely underperform. Please check CleanSpark's maximum drawdown, and the relationship between the information ratio and expected short fall , to make a quick decision on whether CleanSpark's price patterns will revert.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in CleanSpark are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, CleanSpark disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (4.63) | Five Day Return (13.06) | Year To Date Return 22.98 | Ten Year Return (55.40) | All Time Return (55.40) |
Last Split Factor 1:10 | Dividend Date 2019-12-11 | Ex Dividend Date 2021-06-21 | Last Split Date 2019-12-11 |
1 | Disposition of 5000 shares by Taylor Monnig of CleanSpark at 5.98 subject to Rule 16b-3 | 08/26/2024 |
2 | Is CleanSpark a Buy as Wall Street Analysts Look Optimistic | 11/08/2024 |
3 | CleanSpark Advances While Market Declines Some Information for Investors | 11/15/2024 |
| Begin Period Cash Flow | 20.5 M |
CleanSpark |
CleanSpark Relative Risk vs. Return Landscape
If you would invest 1,241 in CleanSpark on August 21, 2024 and sell it today you would earn a total of 97.00 from holding CleanSpark or generate 7.82% return on investment over 90 days. CleanSpark is currently generating 0.3797% in daily expected returns and assumes 7.4843% risk (volatility on return distribution) over the 90 days horizon. In different words, 66% of stocks are less volatile than CleanSpark, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
CleanSpark Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CleanSpark's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CleanSpark, and traders can use it to determine the average amount a CleanSpark's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0507
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Estimated Market Risk
| 7.48 actual daily | 66 66% of assets are less volatile |
Expected Return
| 0.38 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.
CleanSpark Fundamentals Growth
CleanSpark Stock prices reflect investors' perceptions of the future prospects and financial health of CleanSpark, and CleanSpark fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CleanSpark Stock performance.
| Return On Equity | -0.15 | ||||
| Return On Asset | 0.022 | ||||
| Profit Margin | (0.46) % | ||||
| Operating Margin | (0.58) % | ||||
| Current Valuation | 3.09 B | ||||
| Shares Outstanding | 258.17 M | ||||
| Price To Earning | (13.46) X | ||||
| Price To Book | 2.58 X | ||||
| Price To Sales | 10.58 X | ||||
| Revenue | 168.41 M | ||||
| Gross Profit | 90.29 M | ||||
| EBITDA | (7.6 M) | ||||
| Net Income | (132.16 M) | ||||
| Cash And Equivalents | 3.48 M | ||||
| Cash Per Share | 0.07 X | ||||
| Total Debt | 16.74 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 1.47 X | ||||
| Book Value Per Share | 5.95 X | ||||
| Cash Flow From Operations | (30.39 M) | ||||
| Earnings Per Share | (0.99) X | ||||
| Market Capitalization | 3.62 B | ||||
| Total Asset | 761.58 M | ||||
| Retained Earnings | (332.64 M) | ||||
| Working Capital | 28.12 M | ||||
| Current Asset | 98.74 K | ||||
| Current Liabilities | 118.12 K | ||||
About CleanSpark Performance
By examining CleanSpark's fundamental ratios, stakeholders can obtain critical insights into CleanSpark's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that CleanSpark is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.91 | 2.00 | |
| Return On Tangible Assets | (0.16) | (0.17) | |
| Return On Capital Employed | (0.22) | (0.23) | |
| Return On Assets | (0.16) | (0.17) | |
| Return On Equity | (0.23) | (0.24) |
Things to note about CleanSpark performance evaluation
Checking the ongoing alerts about CleanSpark for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CleanSpark help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CleanSpark had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 168.41 M. Net Loss for the year was (132.16 M) with profit before overhead, payroll, taxes, and interest of 90.29 M. | |
| CleanSpark currently holds about 3.48 M in cash with (30.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| CleanSpark has a frail financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Disposition of 5000 shares by Taylor Monnig of CleanSpark at 5.98 subject to Rule 16b-3 |
- Analyzing CleanSpark's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether CleanSpark's stock is overvalued or undervalued compared to its peers.
- Examining CleanSpark's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating CleanSpark's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CleanSpark's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CleanSpark's stock. These opinions can provide insight into CleanSpark's potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 (0.99) | 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.