Cleanspark Stock Performance
| CLSK Stock | USD 19.09 1.89 10.99% |
CleanSpark holds a performance score of 16 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 4.54, 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. Use CleanSpark maximum drawdown, and the relationship between the information ratio and expected short fall , to analyze future returns on CleanSpark.
Risk-Adjusted Performance
16 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in CleanSpark are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Despite quite uncertain 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 9.28 | Five Day Return 29.8 | Year To Date Return 72.75 | Ten Year Return (37.35) | All Time Return (37.35) |
Last Split Factor 1:10 | Dividend Date 2019-12-11 | Ex Dividend Date 2021-06-21 | Last Split Date 2019-12-11 |
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4 | Disposition of 367000 shares by Schultz S. Matthew of CleanSpark at 23.07 subject to Rule 16b-3 | 03/27/2024 |
5 | CleanSpark bitcoin production jumps 24 percent MM in March, ahead of halving | 04/01/2024 |
6 | The Hype Machine Trash Bin 3 Overrated Stocks to Dump Immediately | 04/03/2024 |
7 | Painful week for retail investors invested in CleanSpark, Inc. after 16 percent drop, institutions also suffered losses | 04/08/2024 |
8 | The Zacks Analyst Blog Highlights NVIDIA, Interactive Brokers, Coinbase Global and CleanSpark | 04/10/2024 |
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11 | A Major Upside Catalyst Is Just Around the Corner for CleanSpark Stock | 04/17/2024 |
12 | Bitcoin halving 2024 heres what it may mean for CleanSpark | 04/19/2024 |
| Begin Period Cash Flow | 20.5 M |
CleanSpark |
CleanSpark Relative Risk vs. Return Landscape
If you would invest 699.00 in CleanSpark on January 24, 2024 and sell it today you would earn a total of 1,210 from holding CleanSpark or generate 173.1% return on investment over 90 days. CleanSpark is currently generating 2.0445% in daily expected returns and assumes 9.4056% risk (volatility on return distribution) over the 90 days horizon. In different words, 83% of stocks are less volatile than CleanSpark, and 60% 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 = 0.2174
| Best Portfolio | Best Equity | |||
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| Average Returns | CLSK | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.41 actual daily | 83 83% of assets are less volatile |
Expected Return
| 2.04 actual daily | 40 60% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average CleanSpark is performing at about 16% 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 | -0.12 | ||||
| Return On Asset | -0.0658 | ||||
| Profit Margin | (0.38) % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | 3.37 B | ||||
| Shares Outstanding | 225.42 M | ||||
| Price To Earning | (13.46) X | ||||
| Price To Book | 4.12 X | ||||
| Price To Sales | 15.62 X | ||||
| Revenue | 168.41 M | ||||
| Gross Profit | 90.29 M | ||||
| EBITDA | (2.09 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 | 4.37 X | ||||
| Cash Flow From Operations | (30.39 M) | ||||
| Earnings Per Share | (0.69) X | ||||
| Market Capitalization | 3.88 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
To evaluate CleanSpark Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when CleanSpark generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare CleanSpark Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand CleanSpark market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CleanSpark's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| 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 is way too risky over 90 days horizon | |
| CleanSpark appears to be risky and price may revert if volatility continues | |
| 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 kalkinemedia.com: Bitcoin halving 2024 heres what it may mean for CleanSpark |
- 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 tightly coupled 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for CleanSpark Stock analysis
When running CleanSpark's price analysis, check to measure CleanSpark'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 CleanSpark is operating at the current time. Most of CleanSpark's value examination focuses on studying past and present price action to predict the probability of CleanSpark's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CleanSpark's price. Additionally, you may evaluate how the addition of CleanSpark to your portfolios can decrease your overall portfolio volatility.
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Is CleanSpark's industry 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 1.639 | Quarterly Revenue Growth 1.652 | Return On Assets (0.07) | Return On Equity (0.12) |
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.