Jaime Leverton - Hut 8 Chief Director

HUT Stock  USD 9.81  0.14  1.41%   

Director

Jaime Leverton is Chief Director of Hut 8 Corp
Age 46
Address 1101 Brickell Avenue, Miami, FL, United States, 33131
Phone305 224 6427
Webhttps://hut8.com

Hut 8 Management Efficiency

The company has Return on Asset of (0.0425) % which means that on every $100 spent on assets, it lost $0.0425. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.2268) %, meaning that it generated no profit with money invested by stockholders. Hut 8's management efficiency ratios could be used to measure how well Hut 8 manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.04 in 2024. Return On Capital Employed is likely to drop to -0.04 in 2024. At this time, Hut 8's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 36.4 M in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 1.1 M in 2024.
The company has 47.42 M in debt with debt to equity (D/E) ratio of 0.1, which may show that the company is not taking advantage of profits from borrowing. Hut 8 Corp has a current ratio of 9.38, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Hut 8 until it has trouble settling it off, either with new capital or with free cash flow. So, Hut 8's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hut 8 Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hut to invest in growth at high rates of return. When we think about Hut 8's use of debt, we should always consider it together with cash and equity.

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Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada. Hut 8 operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 43 people. Hut 8 Corp (HUT) is traded on NASDAQ Exchange in USA. It is located in 1101 Brickell Avenue, Miami, FL, United States, 33131 and employs 219 people. Hut 8 is listed under Financial Exchanges & Data category by Fama And French industry classification.

Management Performance

Hut 8 Corp Leadership Team

Elected by the shareholders, the Hut 8's board of directors comprises two types of representatives: Hut 8 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hut. The board's role is to monitor Hut 8's management team and ensure that shareholders' interests are well served. Hut 8's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hut 8's outside directors are responsible for providing unbiased perspectives on the board's policies.
Matthew Prusak, Chief Officer
Viktoriya Griffin, Co Sec
CPA CMA, Chief Officer
Asher Genoot, President CoFounder
Josh Rayner, VP Sales
Jaime Leverton, Chief Director
Shane Downey, Chief Officer
Michael Ho, Chief Founder
Aniss Amdiss, Chief Secretary
James Beer, Senior Operations
Erin Dermer, Senior Culture
Sue Ennis, VP Devel
Suzanne Ennis, Vice Development

Hut Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Hut 8 a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Hut 8

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hut 8 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hut 8 will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Hut 8 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hut 8 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hut 8 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hut 8 Corp to buy it.
The correlation of Hut 8 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hut 8 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hut 8 Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hut 8 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Hut 8 Corp 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 Hut 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 Hut 8 Corp Stock. Highlighted below are key reports to facilitate an investment decision about Hut 8 Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hut 8 Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Hut 8's price analysis, check to measure Hut 8'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 Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.
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Is Hut 8'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 Hut 8. If investors know Hut 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 Hut 8 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.516
Earnings Share
(0.78)
Revenue Per Share
2.364
Quarterly Revenue Growth
2.307
Return On Assets
(0.04)
The market value of Hut 8 Corp is measured differently than its book value, which is the value of Hut that is recorded on the company's balance sheet. Investors also form their own opinion of Hut 8's value that differs from its market value or its book value, called intrinsic value, which is Hut 8'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 Hut 8's market value can be influenced by many factors that don't directly affect Hut 8'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 Hut 8's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hut 8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hut 8'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.