BitFuFu Announces November 2024 Production and Mining Operations Update
| FUFU Stock | 4.84 0.24 4.72% |
Slightly above 61% of BitFuFu's investor base is looking to short. The analysis of the overall prospects from investing in BitFuFu Class A suggests that many traders are, at the present time, alarmed. BitFuFu's investing sentiment can be driven by a variety of factors including economic data, BitFuFu's earnings reports, geopolitical events, and overall market trends.
BitFuFu |
1,643 BTC held and 84 BTC produced from self-mining operations in November 2024 Net cash of US98 million as of November 30, 2024 Targeting 1 GW o
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BitFuFu Fundamental Analysis
We analyze BitFuFu's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BitFuFu using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BitFuFu based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
BitFuFu is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
BitFuFu Class A Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BitFuFu stock to make a market-neutral strategy. Peer analysis of BitFuFu could also be used in its relative valuation, which is a method of valuing BitFuFu by comparing valuation metrics with similar companies.
Peers
BitFuFu Related Equities
| MNMD | Mind Medicine | 1.99 | ||||
| APGE | Apogee Therapeutics, | 1.47 | ||||
| APAM | Artisan Partners | 1.34 | ||||
| LRFC | Logan Ridge | 1.25 | ||||
| FCRM | Franklin Credit | 0.00 | ||||
| STEP | Stepstone | 0.36 | ||||
| SLS | Sellas Life | 1.11 | ||||
| CNTA | Centessa Pharmaceuticals | 2.22 |
Additional Tools for BitFuFu Stock Analysis
When running BitFuFu's price analysis, check to measure BitFuFu'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 BitFuFu is operating at the current time. Most of BitFuFu's value examination focuses on studying past and present price action to predict the probability of BitFuFu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BitFuFu's price. Additionally, you may evaluate how the addition of BitFuFu to your portfolios can decrease your overall portfolio volatility.