Bit Origin Stock Performance
| BTOG Stock | USD 0.31 0.04 14.81% |
The firm shows a Beta (market volatility) of 5.16, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bit Origin will likely underperform. At this point, Bit Origin has a negative expected return of -0.34%. Please make sure to confirm Bit Origin's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Bit Origin performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Bit Origin has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 16.3 K | |
| Free Cash Flow | -7.9 M |
Bit |
Bit Origin Relative Risk vs. Return Landscape
If you would invest 100.00 in Bit Origin on December 17, 2024 and sell it today you would lose (69.00) from holding Bit Origin or give up 69.0% of portfolio value over 90 days. Bit Origin is currently does not generate positive expected returns and assumes 21.1794% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Bit, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Bit Origin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bit Origin's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bit Origin, and traders can use it to determine the average amount a Bit Origin's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0161
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BTOG |
Estimated Market Risk
| 21.18 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bit Origin 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 Bit Origin by adding Bit Origin to a well-diversified portfolio.
Bit Origin Fundamentals Growth
Bit Stock prices reflect investors' perceptions of the future prospects and financial health of Bit Origin, and Bit Origin fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bit Stock performance.
| Return On Equity | -3.27 | ||||
| Return On Asset | -0.37 | ||||
| Operating Margin | (2.07) % | ||||
| Current Valuation | 6.36 M | ||||
| Shares Outstanding | 8.54 M | ||||
| Price To Book | 1.57 X | ||||
| Price To Sales | 0.92 X | ||||
| Revenue | 2.89 M | ||||
| EBITDA | (16.89 M) | ||||
| Cash And Equivalents | 17.8 K | ||||
| Total Debt | 5.16 M | ||||
| Book Value Per Share | 0.21 X | ||||
| Cash Flow From Operations | (7.93 M) | ||||
| Earnings Per Share | (3.34) X | ||||
| Total Asset | 6.68 M | ||||
| Retained Earnings | (81.73 M) | ||||
About Bit Origin Performance
By analyzing Bit Origin's fundamental ratios, stakeholders can gain valuable insights into Bit Origin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bit Origin has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Bit Origin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bit Origin Ltd, through its subsidiaries, engages in the cryptocurrency mining business in the United States. Bit Origin Ltd was incorporated in 2018 and is based in New York, New York. Bit Origin operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 11 people.Things to note about Bit Origin performance evaluation
Checking the ongoing alerts about Bit Origin for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bit Origin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bit Origin generated a negative expected return over the last 90 days | |
| Bit Origin has high historical volatility and very poor performance | |
| Bit Origin has some characteristics of a very speculative penny stock | |
| Bit Origin has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 2.89 M. Net Loss for the year was (18.28 M) with loss before overhead, payroll, taxes, and interest of (945.2 K). | |
| Bit Origin currently holds about 17.8 K in cash with (7.93 M) of positive cash flow from operations. | |
| Bit Origin has a poor financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company shares are held by company insiders |
- Analyzing Bit Origin's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bit Origin's stock is overvalued or undervalued compared to its peers.
- Examining Bit Origin's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bit Origin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bit Origin's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bit Origin's stock. These opinions can provide insight into Bit Origin's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Bit Stock analysis
When running Bit Origin's price analysis, check to measure Bit Origin'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 Bit Origin is operating at the current time. Most of Bit Origin's value examination focuses on studying past and present price action to predict the probability of Bit Origin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Origin's price. Additionally, you may evaluate how the addition of Bit Origin to your portfolios can decrease your overall portfolio volatility.
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