Bit Origin Stock Alpha and Beta Analysis
| BTOG Stock | USD 1.35 0.03 2.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bit Origin. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bit Origin over a specified time horizon. Remember, high Bit Origin's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Bit Origin's market risk premium analysis include:
Beta 0.33 | Alpha (0.31) | Risk 6.64 | Sharpe Ratio (0.03) | Expected Return (0.19) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Bit Origin Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bit Origin market risk premium is the additional return an investor will receive from holding Bit Origin long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bit Origin. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Bit Origin's performance over market.| α | -0.31 | β | 0.33 |
Bit Origin expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Bit Origin's Buy-and-hold return. Our buy-and-hold chart shows how Bit Origin performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Bit Origin Market Price Analysis
Market price analysis indicators help investors to evaluate how Bit Origin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bit Origin shares will generate the highest return on investment. By understating and applying Bit Origin stock market price indicators, traders can identify Bit Origin position entry and exit signals to maximize returns.
Bit Origin Return and Market Media
The median price of Bit Origin for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 1.96 with a coefficient of variation of 18.19. The daily time series for the period is distributed with a sample standard deviation of 0.36, arithmetic mean of 1.98, and mean deviation of 0.25. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Short Interest in Bit Origin Ltd Decreases By 21.8 | 09/17/2024 |
2 | Bit Origin Ltd Faces Nasdaq Compliance Challenge - TipRanks | 11/22/2024 |
About Bit Origin Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Bit or other stocks. Alpha measures the amount that position in Bit Origin has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 24.92 | 24.32 | 27.97 | 40.73 | Receivables Turnover | 0.0435 | 13.37 | 12.04 | 12.64 |
Bit Origin Upcoming Company Events
As portrayed in its financial statements, the presentation of Bit Origin's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bit Origin's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Bit Origin's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Bit Origin. Please utilize our Beneish M Score to check the likelihood of Bit Origin's management manipulating its earnings.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View |
Build Portfolio with Bit Origin
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Bit Origin Backtesting, Bit Origin Valuation, Bit Origin Correlation, Bit Origin Hype Analysis, Bit Origin Volatility, Bit Origin History and analyze Bit Origin Performance. For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin 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.
Bit Origin technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.