Bitfarms Stock Analysis

Bitfarms Stock Analysis Notes

About 21.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.1. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bitfarms recorded a loss per share of 0.18. The entity had not issued any dividends in recent years. Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. The company was founded in 2017 and is headquartered in Toronto, Canada. Bitfarms operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 106 people. For more info on Bitfarms please contact Geoffrey Morphy at 647-259-1790 or go to https://www.bitfarms.com.

Bitfarms Investment Alerts

Bitfarms Upcoming and Recent Events

Bitfarms Largest EPS Surprises

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Bitfarms Thematic Classifications

Bitfarms Stock Institutional Investors

Note, although Bitfarms' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Bitfarms Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 733.87 M.

Bitfarms Profitablity

The company has Profit Margin (PM) of (0.4) %, 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 (0.31) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.31.

Management Efficiency

Bitfarms has return on total asset (ROA) of (0.1043) % which means that it has lost $0.1043 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.163) %, meaning that it created substantial loss on money invested by shareholders. Bitfarms' management efficiency ratios could be used to measure how well Bitfarms manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.09. The current Return On Capital Employed is estimated to decrease to -0.18. At this time, Bitfarms' Non Current Assets Total are most likely to increase significantly in the upcoming years. The Bitfarms' current Total Current Assets is estimated to increase to about 224.4 M, while Intangible Assets are projected to decrease to roughly 2.2 M.

Technical Drivers

As of the 24th of July, Bitfarms shows the Mean Deviation of 3.69, downside deviation of 4.51, and Risk Adjusted Performance of 0.1357. 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. Please confirm Bitfarms variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Bitfarms is priced correctly, providing market reflects its regular price of 1.23 per share. Given that Bitfarms is a hitting penny stock territory we recommend to closely look at its total risk alpha.

Bitfarms Price Movement Analysis

Bitfarms Outstanding Bonds

Bitfarms Predictive Daily Indicators

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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Bitfarms 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 Bitfarms shares will generate the highest return on investment. We also built our stock 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 Stock such as Bitfarms. By using and applying Bitfarms Stock analysis, traders can create a robust methodology for identifying Bitfarms entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bitfarms analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Bitfarms analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Bitfarms stock analysis indicators help investors evaluate how Bitfarms stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Bitfarms shares will generate the highest return on investment. By understating and applying Bitfarms stock analysis, traders can identify Bitfarms position entry and exit signals to maximize returns.

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.