Performance of HUT Hut 8 Mining | -9.4% 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 -1.79% -0.81%
1 Week -3.52% 1.23%
1 Month -5.84% -1.00%
3 Months -2.75% 9.81%
6 Months -26.4% 25.27%
12 Months -9.42% 27.68%
YTD -34.8% 4.02%
Rel. Perf. 1m -0.18
Rel. Perf. 3m -6.53
Rel. Perf. 6m -5.70
Rel. Perf. 12m -3.16

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 9.56. This means that HUT is currently overvalued and has a potential downside of -12.77% (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 -9.42%.

In compare to SPDR S&P Metals and Mining, HUT made -37.1% 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 -5.39% -7.15% -45.50% -37.40%
US NASDAQ 100 QQQ -5.03% -6.68% -43.72% -46.29%
US Dow Jones Industrial 30 DIA -5.69% -8.67% -42.73% -29.49%
German DAX 40 DBXD -7.60% -9.28% -49.23% -26.92%
UK FTSE 100 ISFU -6.10% -12.01% -46.04% -21.74%
Shanghai Shenzhen CSI 300 CSI 300 -2.69% -11.42% -29.66% 1.32%
Hongkong Hang Seng HSI -6.54% -17.59% -31.70% 1.23%
Japan Nikkei 225 EXX7 -1.78% -1.17% -39.27% -25.15%
India NIFTY 50 INDA -0.94% -4.21% -41.90% -32.81%
Brasil Bovespa EWZ -1.35% -4.37% -27.46% -23.70%

HUT Hut 8 Mining vs. Sectors

Symbol 1w 1m 6m 12m
Communication Services XLC -5.49% -5.62% -46.51% -49.17%
Consumer Discretionary XLY -3.63% -5.57% -37.23% -30.37%
Consumer Staples XLP -5.81% -10.29% -40.69% -13.73%
Energy XLE -4.88% -1.79% -40.93% -31.76%
Financial XLF -6.68% -8.14% -50.87% -42.14%
Health Care XLV -5.48% -7.25% -41.08% -19.34%
Industrial XLI -5.89% -7.12% -50.05% -38.49%
Materials XLB -6.10% -6.09% -46.42% -28.47%
Real Estate XLRE -5.65% -6.43% -38.31% -14.10%
Technology XLK -5.00% -6.25% -41.38% -45.90%
Utilities XLU -7.70% -15.79% -46.69% -15.71%
Aerospace & Defense XAR -5.46% -11.12% -44.45% -35.21%
Biotech XBI -1.48% -3.83% -58.11% -10.42%
Homebuilder XHB -5.70% -8.84% -65.62% -61.72%
Retail XRT -4.83% -7.23% -51.56% -32.43%

HUT Hut 8 Mining vs. Commodities

Symbol 1w 1m 6m 12m
Oil USO -3.75% 2.43% -31.33% -26.36%
Natural Gas UNG -8.94% -11.26% 8.32% 26.05%
Gold GLD -6.22% -7.28% -48.28% -25.29%
Silver SLV -9.92% -7.10% -53.14% -19.97%
Copper CPER -5.07% -13.58% -54.77% -31.34%

Returns of HUT vs. Yields & Bonds

Symbol 1w 1m 6m 12m
iShares 20+ Years Bond TLT -3.83% -6.08% -30.89% 0.68%
iShares High Yield Corp. Bond HYG -3.29% -6.92% -33.49% -18.64%
Does Hut 8 Mining outperform its market, is HUT a Sector Leader?
No, over the last 12 months Hut 8 Mining (HUT) made -9.42%, while its related Sector, the SPDR S&P Metals and Mining (XME) made 27.68%.
Over the last 3 months HUT made -2.75%, while XME made 9.81%.
Period HUT XME S&P 500
1 Month -5.84% -1.00% 1.31%
3 Months -2.75% 9.81% 4.24%
12 Months -9.42% 27.68% 27.98%