BitNine (Korea) Price on September 19, 2024
| 357880 Stock | 1,917 128.00 6.26% |
If you're considering investing in BitNine Stock, it is important to understand the factors that can impact its price. As of today, the current price of BitNine stands at 1,917, as last reported on the 24th of March, with the highest price reaching 2,090 and the lowest price hitting 1,900 during the day. BitNine secures Sharpe Ratio (or Efficiency) of -0.0476, which signifies that the company had a -0.0476 % return per unit of risk over the last 3 months. BitNine Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BitNine's Risk Adjusted Performance of (0.03), mean deviation of 3.9, and Standard Deviation of 5.59 to double-check the risk estimate we provide.
BitNine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BitNine |
Sharpe Ratio = -0.0476
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 357880 |
Estimated Market Risk
| 5.59 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BitNine is not performing at its full potential. However, 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 BitNine by adding BitNine to a well-diversified portfolio.
BitNine Valuation on September 19, 2024
It is possible to determine the worth of BitNine on a given historical date. On September 19, 2024 BitNine was worth 1839.29 at the beginning of the trading date compared to the closed value of 1800.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BitNine stock. Still, in general, we apply an absolute valuation method to find BitNine's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BitNine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BitNine's related companies.
| Open | High | Low | Close | Volume | |
| 1,929 | 1,986 | 1,779 | 1,786 | 381,144 | |
09/19/2024 | 1,839 | 1,850 | 1,746 | 1,800 | 37,478 |
| 1,793 | 1,829 | 1,746 | 1,754 | 53,980 |
| Backtest BitNine | | | BitNine History | Previous | Next |
BitNine Trading Date Momentum on September 19, 2024
| On September 20 2024 BitNine Co was traded for 1,754 at the closing time. The highest price during the trading period was 1,829 and the lowest recorded bid was listed for 1,746 . The volume for the day was 54 K. This history from September 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.58% . The overall trading delta to the current price is 0.20% . |
Price Boundaries
BitNine Period Price Range
Low | March 24, 2025
| High |
0.00 | 0.00 |
BitNine Co cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
BitNine March 24, 2025 Market Strength
Market strength indicators help investors to evaluate how BitNine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BitNine shares will generate the highest return on investment. By undertsting and applying BitNine stock market strength indicators, traders can identify BitNine Co entry and exit signals to maximize returns
BitNine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BitNine's price direction in advance. Along with the technical and fundamental analysis of BitNine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BitNine 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.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | 0.1482 | |||
| Treynor Ratio | (0.17) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for BitNine Stock analysis
When running BitNine's price analysis, check to measure BitNine'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 BitNine is operating at the current time. Most of BitNine's value examination focuses on studying past and present price action to predict the probability of BitNine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BitNine's price. Additionally, you may evaluate how the addition of BitNine to your portfolios can decrease your overall portfolio volatility.
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