Performance of HUT Hut 8 Mining | -4.2% in 12m

Compare HUT with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?

Compare Hut 8 Mining with its related Sector/Index XME

Compare Hut 8 Mining with its related Sector/Index XME

Performance Duell HUT vs XME

TimeFrame HUT XME
1 Day 2.47% 1.86%
1 Week 15.5% 3.56%
1 Month 12.3% 5.09%
3 Months -2.73% 15.48%
6 Months -8.46% 21.96%
12 Months -4.23% 37.59%
YTD -25.9% 8.09%
Rel. Perf. 1m 1.02
Rel. Perf. 3m -4.19
Rel. Perf. 6m -3.38
Rel. Perf. 12m -2.45

Is Hut 8 Mining a good stock to buy?

Neither. Based on ValueRay Fundamental Analyses, Hut 8 Mining is currently (May 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 3.52 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HUT as of May 2024 is 10.90. This means that HUT is currently overvalued and has a potential downside of -12.45% (Sold with Premium).

Is HUT a buy, sell or hold?

Hut 8 Mining has no consensus analysts rating. ValueRay therefore judges the recommendation based on the last 12 Month Returns of -4.23%.

In compare to SPDR S&P Metals and Mining, HUT made -41.82% less over the last 12 months. Due to the underperformance, it is recommend to sell HUT.
Values above 0%: HUT is performing better - Values below 0%: HUT is underperforming

Compare HUT with Broad Market Indices

Symbol 1w 1m 6m 12m
US S&P 500 SPY 13.85% 5.33% -25.85% -32.54%
US NASDAQ 100 QQQ 13.53% 3.31% -24.52% -39.38%
US Dow Jones Industrial 30 DIA 14.10% 6.80% -23.24% -26.14%
German DAX 40 DBXD 15.73% 7.11% -25.62% -18.61%
UK FTSE 100 ISFU 13.95% 2.71% -24.70% -18.88%
Shanghai Shenzhen CSI 300 CSI 300 14.34% 7.53% -10.58% 3.05%
Hongkong Hang Seng HSI 13.34% -10.60% -12.15% 1.18%
Japan Nikkei 225 EXX7 14.43% 11.38% -20.24% -14.96%
India NIFTY 50 INDA 13.07% 9.06% -26.04% -34.05%
Brasil Bovespa EWZ 15.58% 8.97% -4.70% -16.94%

HUT Hut 8 Mining vs. Sectors

Symbol 1w 1m 6m 12m
Communication Services XLC 14.30% 8.31% -25.64% -40.01%
Consumer Discretionary XLY 15.02% 6.99% -15.25% -23.06%
Consumer Staples XLP 14.44% 7.20% -22.78% -10.26%
Energy XLE 14.02% 12.27% -22.42% -27.59%
Financial XLF 13.50% 7.03% -30.39% -36.89%
Health Care XLV 13.50% 6.96% -22.77% -17.48%
Industrial XLI 15.35% 8.23% -27.79% -31.94%
Materials XLB 15.09% 8.67% -24.28% -23.83%
Real Estate XLRE 13.25% 4.23% -17.26% -15.09%
Technology XLK 12.92% 2.24% -23.12% -39.83%
Utilities XLU 13.99% 1.70% -27.02% -17.42%
Aerospace & Defense XAR 14.42% 3.90% -22.71% -28.66%
Biotech XBI 14.04% 2.18% -32.55% -11.06%
Homebuilder XHB 14.91% 5.26% -38.72% -55.08%
Retail XRT 15.97% 5.57% -28.56% -33.73%

HUT Hut 8 Mining vs. Commodities

Symbol 1w 1m 6m 12m
Oil USO 14.39% 14.64% -14.92% -24.68%
Natural Gas UNG 5.15% -19.28% 11.82% 31.76%
Gold GLD 12.07% 11.07% -30.43% -26.02%
Silver SLV 3.90% 2.37% -42.49% -35.93%
Copper CPER 9.83% 1.26% -40.12% -40.25%

Returns of HUT vs. Yields & Bonds

Symbol 1w 1m 6m 12m
iShares 20+ Years Bond TLT 14.34% 9.39% -11.34% 1.94%
iShares High Yield Corp. Bond HYG 14.97% 10.01% -14.91% -14.90%
Does Hut 8 Mining outperform its market, is HUT a Sector Leader?
No, over the last 12 months Hut 8 Mining (HUT) made -4.23%, while its related Sector, the SPDR S&P Metals and Mining (XME) made 37.59%.
Over the last 3 months HUT made -2.73%, while XME made 15.48%.
Period HUT XME S&P 500
1 Month 12.26% 5.09% 6.93%
3 Months -2.73% 15.48% 6.91%
12 Months -4.23% 37.59% 28.31%