Riot Blockchain Sees Mixed Options Sentiment Amid Price Dip RIOT Stock News
| RIOT Stock | USD 13.55 0.14 1.02% |
Slightly above 61% of Riot Blockchain's investor base is looking to short. The analysis of the overall prospects from investing in Riot Blockchain suggests that many traders are, at the present time, alarmed. Riot Blockchain's investing sentiment can be driven by a variety of factors including economic data, Riot Blockchain's earnings reports, geopolitical events, and overall market trends.
Riot Blockchain experienced mixed sentiment in the options market as its shares declined by 0.08, closing around 9.94. Trading activity in options was
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Riot Blockchain Fundamental Analysis
We analyze Riot Blockchain's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Riot Blockchain using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Riot Blockchain based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Riot Blockchain is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Riot Blockchain Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Riot Blockchain stock to make a market-neutral strategy. Peer analysis of Riot Blockchain could also be used in its relative valuation, which is a method of valuing Riot Blockchain by comparing valuation metrics with similar companies.
Peers
Riot Blockchain Related Equities
| BITF | Bitfarms | 4.84 | ||||
| HIVE | HIVE Blockchain | 3.16 | ||||
| HUT | Hut 8 | 1.70 | ||||
| MARA | Marathon Digital | 0.06 | ||||
| CLSK | CleanSpark | 1.03 | ||||
| WULF | Terawulf | 1.19 | ||||
| BTBT | Bit Digital | 2.49 |
Additional Tools for Riot Stock Analysis
When running Riot Blockchain's price analysis, check to measure Riot Blockchain'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 Riot Blockchain is operating at the current time. Most of Riot Blockchain's value examination focuses on studying past and present price action to predict the probability of Riot Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riot Blockchain's price. Additionally, you may evaluate how the addition of Riot Blockchain to your portfolios can decrease your overall portfolio volatility.