Bitfarms Stock Analysis
| BITF Stock | 1.47 0.07 4.55% |
Bitfarms is fairly valued with Real Value of 1.48 and Hype Value of 1.54. The main objective of Bitfarms stock analysis is to determine its intrinsic value, which is an estimate of what Bitfarms is worth, separate from its market price. There are two main types of Bitfarms' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Bitfarms' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Bitfarms' stock to identify patterns and trends that may indicate its future price movements.
The Bitfarms stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Bitfarms is usually not traded on Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day. Bitfarms Stock trading window is adjusted to America/Toronto timezone.
Bitfarms |
Bitfarms Stock Analysis Notes
About 19.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.09. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bitfarms recorded a loss per share of 0.55. The entity had not issued any dividends in recent years. For more info on Bitfarms please contact Geoffrey Morphy at 647 259 1790 or go to https://www.bitfarms.com.Bitfarms Investment Alerts
| 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 |
Bitfarms Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 802.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bitfarms's market, we take the total number of its shares issued and multiply it by Bitfarms's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Bitfarms Profitablity
Bitfarms' profitability indicators refer to fundamental financial ratios that showcase Bitfarms' ability to generate income relative to its revenue or operating costs. If, let's say, Bitfarms is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Bitfarms' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Bitfarms' profitability requires more research than a typical breakdown of Bitfarms' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.72) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.88) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.88. Technical Drivers
As of the 20th of March, Bitfarms shows the Risk Adjusted Performance of (0.11), mean deviation of 3.62, and Standard Deviation of 4.71. Bitfarms technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Bitfarms Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Bitfarms middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Bitfarms. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Bitfarms Predictive Daily Indicators
Bitfarms intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Bitfarms stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Bitfarms Forecast Models
Bitfarms' time-series forecasting models are one of many Bitfarms' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bitfarms' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Bitfarms to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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. To learn how to invest in Bitfarms Stock, please use our How to Invest in Bitfarms guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.