Bitmine Immersion Technologies Stock Analysis
| BMNR Stock | USD 0.37 0.02 5.71% |
Bitmine Immersion Technologies is overvalued with Real Value of 0.29 and Hype Value of 0.37. The main objective of Bitmine Immersion pink sheet analysis is to determine its intrinsic value, which is an estimate of what Bitmine Immersion Technologies is worth, separate from its market price. There are two main types of Bitmine Immersion's stock analysis: fundamental analysis and technical analysis.
The Bitmine Immersion pink sheet is traded in the USA on PINK 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 the USA.
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Bitmine Pink Sheet Analysis Notes
About 75.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.03. Bitmine Immersion had not issued any dividends in recent years. The entity had 200:40000 split on the 27th of April 2021. Bitmine Immersion Technologies, Inc. operates as a blockchain technology company in the United States. Bitmine Immersion Technologies, Inc. was founded in 1995 and is based in Atlanta, Georgia. Bitmine Immersion operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 2 people.The quote for Bitmine Immersion Technologies is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Bitmine Immersion Technologies please contact Jonathan Bates at 404 816 8240 or go to https://bitminetech.io.Bitmine Immersion Investment Alerts
| Bitmine Immersion is way too risky over 90 days horizon | |
| Bitmine Immersion has some characteristics of a very speculative penny stock | |
| Bitmine Immersion appears to be risky and price may revert if volatility continues | |
| Bitmine Immersion has high likelihood to experience some financial distress in the next 2 years | |
| Bitmine Immersion Technologies currently holds 1.89 M in liabilities with Debt to Equity (D/E) ratio of 1.66, which is about average as compared to similar companies. Bitmine Immersion has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Bitmine Immersion until it has trouble settling it off, either with new capital or with free cash flow. So, Bitmine Immersion's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bitmine Immersion sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bitmine to invest in growth at high rates of return. When we think about Bitmine Immersion's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 427.67 K. Net Loss for the year was (2.01 M) with loss before overhead, payroll, taxes, and interest of (129.03 K). | |
| Bitmine Immersion Technologies currently holds about 499.91 K in cash with (1.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 75.0% of Bitmine Immersion shares are held by company insiders | |
| Latest headline from gurufocus.com: Mawson Infrastructure Group Inc. Announces Monthly Operational Update for October 2024 |
Technical Drivers
As of the 3rd of December, Bitmine Immersion shows the Downside Deviation of 28.02, mean deviation of 10.64, and Risk Adjusted Performance of 0.0691. Bitmine Immersion 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. Please confirm Bitmine Immersion variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Bitmine Immersion is priced correctly, providing market reflects its regular price of 0.37 per share. As Bitmine Immersion appears to be a penny stock we also recommend to validate its total risk alpha numbers.Bitmine Immersion Price Movement Analysis
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Bitmine Immersion 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 Bitmine Immersion. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Bitmine Immersion Predictive Daily Indicators
Bitmine Immersion 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 Bitmine Immersion pink sheet 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.
Bitmine Immersion Forecast Models
Bitmine Immersion's time-series forecasting models are one of many Bitmine Immersion's pink sheet 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 Bitmine Immersion's 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.About Bitmine Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Bitmine Immersion prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bitmine shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Bitmine Immersion. By using and applying Bitmine Pink Sheet analysis, traders can create a robust methodology for identifying Bitmine entry and exit points for their positions.
Bitmine Immersion Technologies, Inc. operates as a blockchain technology company in the United States. Bitmine Immersion Technologies, Inc. was founded in 1995 and is based in Atlanta, Georgia. Bitmine Immersion operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 2 people.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Bitmine Immersion to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for Bitmine Pink Sheet Analysis
When running Bitmine Immersion's price analysis, check to measure Bitmine Immersion'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 Bitmine Immersion is operating at the current time. Most of Bitmine Immersion's value examination focuses on studying past and present price action to predict the probability of Bitmine Immersion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitmine Immersion's price. Additionally, you may evaluate how the addition of Bitmine Immersion to your portfolios can decrease your overall portfolio volatility.