Bit Digital Stock Probability of Future Stock Price Finishing Over 23.10
| BTBT Stock | USD 4.03 0.01 0.25% |
Bit |
Bit Digital Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Bit Digital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bit Digital can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bit Digital had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 44.92 M. Net Loss for the year was (13.89 M) with profit before overhead, payroll, taxes, and interest of 65.34 M. | |
| Bit Digital has a poor financial position based on the latest SEC disclosures |
Bit Digital Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Bit Stock often depends not only on the future outlook of the current and potential Bit Digital's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bit Digital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 87.5 M | |
| Cash And Short Term Investments | 64.8 M |
Bit Digital Technical Analysis
Bit Digital's future price can be derived by breaking down and analyzing its technical indicators over time. Bit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bit Digital. In general, you should focus on analyzing Bit Stock price patterns and their correlations with different microeconomic environments and drivers.
Bit Digital Predictive Forecast Models
Bit Digital's time-series forecasting models is one of many Bit Digital's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Bit Digital'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 stock market movement and maximize returns from investment trading.
Things to note about Bit Digital
Checking the ongoing alerts about Bit Digital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bit Digital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bit Digital had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 44.92 M. Net Loss for the year was (13.89 M) with profit before overhead, payroll, taxes, and interest of 65.34 M. | |
| Bit Digital has a poor financial position based on the latest SEC disclosures |
Additional Tools for Bit Stock Analysis
When running Bit Digital's price analysis, check to measure Bit Digital'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 Digital is operating at the current time. Most of Bit Digital's value examination focuses on studying past and present price action to predict the probability of Bit Digital'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 Digital's price. Additionally, you may evaluate how the addition of Bit Digital to your portfolios can decrease your overall portfolio volatility.