Bitfarms Stock Price Prediction

BITF Stock  USD 2.14  0.15  7.54%   
As of 5th of December 2024, The relative strength index (RSI) of Bitfarms' share price is at 51 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Bitfarms, making its price go up or down.

Oversold Vs Overbought

51

 
Oversold
 
Overbought
The successful prediction of Bitfarms' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Bitfarms and does not consider all of the tangible or intangible factors available from Bitfarms' fundamental data. We analyze noise-free headlines and recent hype associated with Bitfarms, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Bitfarms' stock price prediction:
EPS Estimate Next Quarter
(0.06)
Wall Street Target Price
4.1667
EPS Estimate Current Quarter
(0.10)
Quarterly Revenue Growth
0.296
Using Bitfarms hype-based prediction, you can estimate the value of Bitfarms from the perspective of Bitfarms response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Bitfarms using Bitfarms' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Bitfarms using crowd psychology based on the activity and movement of Bitfarms' stock price.

Bitfarms Implied Volatility

    
  0.23  
Bitfarms' implied volatility exposes the market's sentiment of Bitfarms stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bitfarms' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Bitfarms stock will not fluctuate a lot when Bitfarms' options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Bitfarms to buy its stock at a price that has no basis in reality. In that case, they are not buying Bitfarms because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Bitfarms after-hype prediction price

    
  USD 2.2  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Bitfarms Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bitfarms' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
0.122.428.51
Details
7 Analysts
Consensus
LowTargetHigh
2.733.003.33
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Bitfarms After-Hype Price Prediction Density Analysis

As far as predicting the price of Bitfarms at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Bitfarms or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Bitfarms, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Bitfarms Estimiated After-Hype Price Volatility

In the context of predicting Bitfarms' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bitfarms' historical news coverage. Bitfarms' after-hype downside and upside margins for the prediction period are 0.11 and 8.29, respectively. We have considered Bitfarms' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
2.14
2.20
After-hype Price
8.29
Upside
Bitfarms is dangerous at this time. Analysis and calculation of next after-hype price of Bitfarms is based on 3 months time horizon.

Bitfarms Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Bitfarms is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bitfarms backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Bitfarms, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.46 
6.09
  0.06 
  0.63 
10 Events / Month
2 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.14
2.20
2.80 
4,350  
Notes

Bitfarms Hype Timeline

Bitfarms is currently traded for 2.14. The entity has historical hype elasticity of 0.06, and average elasticity to hype of competition of 0.63. Bitfarms is anticipated to increase in value after the next headline, with the price projected to jump to 2.2 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is projected to be 2.8%, whereas the daily expected return is currently at 0.46%. The volatility of related hype on Bitfarms is about 443.45%, with the expected price after the next announcement by competition of 2.77. Bitfarms currently holds 19.87 M in liabilities with Debt to Equity (D/E) ratio of 0.37, which is about average as compared to similar companies. Given the investment horizon of 90 days the next anticipated press release will be in about 10 days.
Check out Bitfarms Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.

Bitfarms Related Hype Analysis

Having access to credible news sources related to Bitfarms' direct competition is more important than ever and may enhance your ability to predict Bitfarms' future price movements. Getting to know how Bitfarms' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Bitfarms may potentially react to the hype associated with one of its peers.

Bitfarms Additional Predictive Modules

Most predictive techniques to examine Bitfarms price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bitfarms using various technical indicators. When you analyze Bitfarms charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Bitfarms Predictive Indicators

The successful prediction of Bitfarms stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Bitfarms, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Bitfarms based on analysis of Bitfarms hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Bitfarms's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Bitfarms's related companies.
 2021 2022 2023 2024 (projected)
PB Ratio1.880.362.593.32
Capex To Depreciation7.92.690.840.8

Story Coverage note for Bitfarms

The number of cover stories for Bitfarms depends on current market conditions and Bitfarms' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bitfarms is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Bitfarms' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Bitfarms Short Properties

Bitfarms' future price predictability will typically decrease when Bitfarms' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bitfarms often depends not only on the future outlook of the potential Bitfarms' 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. Bitfarms' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding262.2 M
Cash And Short Term Investments84 M

Complementary Tools for Bitfarms Stock analysis

When running Bitfarms' price analysis, check to measure Bitfarms' 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 Bitfarms is operating at the current time. Most of Bitfarms' value examination focuses on studying past and present price action to predict the probability of Bitfarms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitfarms' price. Additionally, you may evaluate how the addition of Bitfarms to your portfolios can decrease your overall portfolio volatility.
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