Bitfarms Stock Buy Hold or Sell Recommendation
| BITF Stock | 1.61 0.02 1.26% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Bitfarms is 'Strong Sell'. The recommendation algorithm takes into account all of Bitfarms' available fundamental, technical, and predictive indicators you will find on this site.
Check out Bitfarms Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Bitfarms Stock, please use our How to Invest in Bitfarms guide. In addition, we conduct extensive research on individual companies such as Bitfarms and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Bitfarms. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Bitfarms |
Execute Bitfarms Buy or Sell Advice
The Bitfarms recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bitfarms. Macroaxis does not own or have any residual interests in Bitfarms or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bitfarms' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Bitfarms Trading Alerts and Improvement Suggestions
| Bitfarms generated a negative expected return over the last 90 days | |
| Bitfarms may become a speculative penny stock | |
| Bitfarms has high historical volatility and very poor performance | |
| The company reported the revenue of 146.37 M. Net Loss for the year was (104.04 M) with loss before overhead, payroll, taxes, and interest of (31.99 M). | |
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Bitfarms Ltd. Increases Yet Falls Behind Market What Investors Need to Know - Nasdaq |
Bitfarms Returns Distribution Density
The distribution of Bitfarms' historical returns is an attempt to chart the uncertainty of Bitfarms' future price movements. The chart of the probability distribution of Bitfarms daily returns describes the distribution of returns around its average expected value. We use Bitfarms price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bitfarms returns is essential to provide solid investment advice for Bitfarms.
| Mean Return | -0.84 | Value At Risk | -8.52 | Potential Upside | 8.18 | Standard Deviation | 4.84 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bitfarms historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Bitfarms Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 407K | (5K) | (34K) | (379K) | (435.9K) | (457.6K) | |
| Change In Cash | 3.8M | 119.6M | (94.7M) | 53.2M | 61.1M | 64.2M | |
| Free Cash Flow | 2.7M | (230.4M) | (158.7M) | (47.7M) | (42.9M) | (45.1M) | |
| Depreciation | 11.5M | 24.5M | 72.4M | 84.8M | 97.5M | 102.4M | |
| Other Non Cash Items | 5.1M | (130.6M) | 217.4M | 19.5M | 22.4M | 20.4M | |
| Capital Expenditures | 4.5M | 193.3M | 195.0M | 71.3M | 82.0M | 93.1M | |
| Net Income | (16.3M) | 22.1M | (239.1M) | (104.0M) | (93.6M) | (89.0M) | |
| End Period Cash Flow | 5.9M | 125.6M | 30.9M | 84.0M | 96.6M | 101.5M | |
| Investments | (3.6M) | (215.1M) | (155.0M) | (58.3M) | (52.5M) | (55.1M) | |
| Net Borrowings | 12.9M | (1.9M) | 49.5M | (30.1M) | (27.1M) | (25.7M) | |
| Change To Netincome | (696K) | 8.8M | (99.2M) | 206.9M | 237.9M | 249.8M |
Bitfarms Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bitfarms or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bitfarms' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bitfarms stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.66 | |
β | Beta against Dow Jones | 1.72 | |
σ | Overall volatility | 4.77 | |
Ir | Information ratio | -0.15 |
Bitfarms Volatility Alert
Bitfarms exhibits very low volatility with skewness of -0.06 and kurtosis of 0.51. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bitfarms' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bitfarms' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Bitfarms Fundamentals Vs Peers
Comparing Bitfarms' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bitfarms' direct or indirect competition across all of the common fundamentals between Bitfarms and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bitfarms or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bitfarms' fundamental indicators could also be used in its relative valuation, which is a method of valuing Bitfarms by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bitfarms to competition |
| Fundamentals | Bitfarms | Peer Average |
| Return On Equity | -0.33 | -0.31 |
| Return On Asset | -0.13 | -0.14 |
| Profit Margin | (0.72) % | (1.27) % |
| Operating Margin | (0.88) % | (5.51) % |
| Current Valuation | 619.56 M | 16.62 B |
| Shares Outstanding | 493.78 M | 571.82 M |
| Shares Owned By Insiders | 18.87 % | 10.09 % |
| Shares Owned By Institutions | 25.62 % | 39.21 % |
| Number Of Shares Shorted | 10.31 M | 4.71 M |
| Price To Book | 1.08 X | 9.51 X |
| Price To Sales | 4.35 X | 11.42 X |
| Revenue | 146.37 M | 9.43 B |
| Gross Profit | (31.99 M) | 27.38 B |
| EBITDA | 19.31 M | 3.9 B |
| Net Income | (104.04 M) | 570.98 M |
| Cash And Equivalents | 125.59 M | 2.7 B |
| Total Debt | 19.87 M | 5.32 B |
| Book Value Per Share | 1.13 X | 1.93 K |
| Cash Flow From Operations | 23.6 M | 971.22 M |
| Short Ratio | 4.41 X | 4.00 X |
| Earnings Per Share | (0.55) X | 3.12 X |
| Target Price | 6.52 | |
| Number Of Employees | 170 | 18.84 K |
| Beta | 3.27 | -0.15 |
| Market Capitalization | 794.98 M | 19.03 B |
| Total Asset | 378.73 M | 29.47 B |
| Retained Earnings | (294.92 M) | 9.33 B |
| Working Capital | 60.83 M | 1.48 B |
| Net Asset | 378.73 M |
Bitfarms Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bitfarms . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Bitfarms Buy or Sell Advice
When is the right time to buy or sell Bitfarms? Buying financial instruments such as Bitfarms Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Bitfarms Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Bitfarms Stock, please use our How to Invest in Bitfarms guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.