Bitfarms Stock Price History

BITF Stock  USD 2.15  0.18  9.14%   
Below is the normalized historical share price chart for Bitfarms extending back to August 16, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bitfarms stands at 2.15, as last reported on the 1st of December, with the highest price reaching 2.29 and the lowest price hitting 2.15 during the day.
IPO Date
28th of August 2018
200 Day MA
2.2725
50 Day MA
2.0618
Beta
3.177
 
Covid
If you're considering investing in Bitfarms Stock, it is important to understand the factors that can impact its price. Bitfarms appears to be dangerous, given 3 months investment horizon. Bitfarms secures Sharpe Ratio (or Efficiency) of 0.053, which signifies that the company had a 0.053% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bitfarms, which you can use to evaluate the volatility of the firm. Please makes use of Bitfarms' Downside Deviation of 5.35, risk adjusted performance of 0.0301, and Mean Deviation of 4.59 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Bitfarms' Stock Based Compensation is most likely to decrease significantly in the upcoming years. The Bitfarms' current Stock Based Compensation To Revenue is estimated to increase to 0.08, while Common Stock Shares Outstanding is projected to decrease to roughly 142.9 M. . At this time, Bitfarms' Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years. The Bitfarms' current Price To Operating Cash Flows Ratio is estimated to increase to 33.34, while Price Earnings Ratio is forecasted to increase to (6.97). Bitfarms Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.053

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Estimated Market Risk

 5.99
  actual daily
53
53% of assets are less volatile

Expected Return

 0.32
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Bitfarms is performing at about 4% 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 Bitfarms by adding it to a well-diversified portfolio.
Price Book
1.984
Enterprise Value Ebitda
56.158
Price Sales
5.5525
Shares Float
360.5 M
Wall Street Target Price
4.1667

Bitfarms Stock Price History Chart

There are several ways to analyze Bitfarms Stock price data. The simplest method is using a basic Bitfarms candlestick price chart, which shows Bitfarms price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 12, 20242.69
Lowest PriceNovember 4, 20241.73

Bitfarms December 1, 2024 Stock Price Synopsis

Various analyses of Bitfarms' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Bitfarms Stock. It can be used to describe the percentage change in the price of Bitfarms from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Bitfarms Stock.
Bitfarms Price Rate Of Daily Change 1.09 
Bitfarms Price Action Indicator 0.02 
Bitfarms Price Daily Balance Of Power 1.29 

Bitfarms December 1, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Bitfarms Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Bitfarms intraday prices and daily technical indicators to check the level of noise trading in Bitfarms Stock and then apply it to test your longer-term investment strategies against Bitfarms.

Bitfarms Stock Price History Data

The price series of Bitfarms for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 0.96 with a coefficient of variation of 8.57. The prices are distributed with arithmetic mean of 2.05. The median price for the last 90 days is 2.04.
OpenHighLowCloseVolume
12/01/2024
 2.17  2.29  2.15  2.15 
11/29/2024 2.17  2.29  2.15  2.15  30,681,632 
11/27/2024 2.01  2.18  2.00  2.15  61,358,369 
11/26/2024 1.98  2.09  1.94  1.97  48,038,745 
11/25/2024 2.13  2.17  2.02  2.05  56,585,665 
11/22/2024 2.03  2.15  1.96  2.11  55,713,959 
11/21/2024 2.27  2.30  2.00  2.05  70,450,516 
11/20/2024 2.28  2.33  2.10  2.17  79,450,623 
11/19/2024 2.14  2.30  2.05  2.23  54,391,320 
11/18/2024 2.22  2.32  2.07  2.16  50,305,981 
11/15/2024 2.19  2.28  2.10  2.25  41,998,403 
11/14/2024 2.35  2.38  2.10  2.11  39,215,522 
11/13/2024 2.69  2.76  2.25  2.27  53,835,871 
11/12/2024 2.55  2.75  2.49  2.69  58,686,298 
11/11/2024 2.49  2.69  2.46  2.64  64,353,765 
11/08/2024 2.24  2.26  2.15  2.24  30,944,981 
11/07/2024 2.11  2.27  2.11  2.25  40,732,730 
11/06/2024 2.00  2.17  1.97  2.13  57,142,811 
11/05/2024 1.79  1.86  1.74  1.81  25,948,656 
11/04/2024 1.81  1.83  1.71  1.73  32,353,765 
11/01/2024 1.93  2.02  1.85  1.86  21,789,360 
10/31/2024 2.07  2.08  1.92  1.93  32,286,002 
10/30/2024 2.19  2.29  2.14  2.14  37,501,316 
10/29/2024 2.26  2.37  2.23  2.25  57,979,071 
10/28/2024 1.97  2.18  1.97  2.14  44,948,974 
10/25/2024 2.01  2.03  1.89  1.90  26,624,881 
10/24/2024 2.01  2.05  1.93  1.99  26,087,321 
10/23/2024 2.07  2.10  1.91  1.97  18,835,496 
10/22/2024 2.13  2.16  2.06  2.10  20,112,406 
10/21/2024 2.04  2.16  2.00  2.15  31,738,291 
10/18/2024 1.89  2.07  1.87  2.06  33,536,837 
10/17/2024 1.90  1.91  1.83  1.87  20,514,096 
10/16/2024 1.88  1.93  1.84  1.93  22,542,376 
10/15/2024 1.87  1.94  1.84  1.85  24,268,187 
10/14/2024 1.95  1.96  1.85  1.91  20,229,858 
10/11/2024 1.79  1.87  1.78  1.85  14,625,525 
10/10/2024 1.78  1.79  1.72  1.75  14,901,555 
10/09/2024 1.85  1.86  1.76  1.78  13,074,202 
10/08/2024 1.90  1.93  1.82  1.84  14,976,565 
10/07/2024 2.02  2.03  1.85  1.89  18,623,791 
10/04/2024 2.04  2.06  1.95  2.02  17,660,344 
10/03/2024 1.97  1.99  1.92  1.97  11,762,702 
10/02/2024 1.95  2.01  1.93  1.98  19,152,510 
10/01/2024 2.10  2.11  1.96  1.98  16,612,497 
09/30/2024 2.17  2.19  2.09  2.11  16,115,280 
09/27/2024 2.27  2.30  2.21  2.25  17,599,863 
09/26/2024 2.18  2.27  2.15  2.20  18,184,636 
09/25/2024 2.19  2.25  2.12  2.13  15,644,792 
09/24/2024 2.07  2.21  2.04  2.21  14,897,097 
09/23/2024 2.01  2.07  1.99  2.05  17,249,684 
09/20/2024 2.04  2.05  1.97  2.00  11,955,751 
09/19/2024 2.07  2.11  2.02  2.03  16,758,888 
09/18/2024 2.04  2.09  1.94  1.96  14,813,209 
09/17/2024 2.01  2.08  1.97  2.04  14,403,405 
09/16/2024 1.98  2.02  1.95  1.98  10,688,071 
09/13/2024 2.04  2.12  2.00  2.04  16,110,651 
09/12/2024 2.00  2.08  1.95  2.04  10,609,409 
09/11/2024 1.96  2.01  1.88  1.99  15,463,354 
09/10/2024 1.97  2.01  1.87  2.01  14,845,125 
09/09/2024 1.85  1.95  1.83  1.94  14,699,130 
09/06/2024 1.93  1.95  1.77  1.79  12,423,539 

About Bitfarms Stock history

Bitfarms investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bitfarms is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bitfarms will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bitfarms stock prices may prove useful in developing a viable investing in Bitfarms
Last ReportedProjected for Next Year
Common Stock Shares Outstanding262.2 M142.9 M
Net Loss-215.1 M-204.4 M

Bitfarms Stock Technical Analysis

Bitfarms technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Bitfarms technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bitfarms trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Bitfarms Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bitfarms' price direction in advance. Along with the technical and fundamental analysis of Bitfarms Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bitfarms to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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When running Bitfarms' price analysis, check to measure Bitfarms' 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 Bitfarms is operating at the current time. Most of Bitfarms' value examination focuses on studying past and present price action to predict the probability of Bitfarms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitfarms' price. Additionally, you may evaluate how the addition of Bitfarms to your portfolios can decrease your overall portfolio volatility.
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