Bitfarms Stock Alpha and Beta Analysis
| BITF Stock | USD 2.23 0.07 3.24% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bitfarms. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bitfarms over a specified time horizon. Remember, high Bitfarms' 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 Bitfarms' market risk premium analysis include:
Beta 4.65 | Alpha (0.30) | Risk 6.11 | Sharpe Ratio 0.026 | Expected Return 0.16 |
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.
Bitfarms |
Bitfarms Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bitfarms market risk premium is the additional return an investor will receive from holding Bitfarms 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 Bitfarms. 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 Bitfarms' performance over market.| α | -0.3 | β | 4.65 |
Bitfarms 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 Bitfarms' Buy-and-hold return. Our buy-and-hold chart shows how Bitfarms performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Bitfarms Market Price Analysis
Market price analysis indicators help investors to 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 market price indicators, traders can identify Bitfarms position entry and exit signals to maximize returns.
Bitfarms Return and Market Media
The median price of Bitfarms for the period between Thu, Aug 22, 2024 and Wed, Nov 20, 2024 is 2.04 with a coefficient of variation of 9.59. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 2.08, and mean deviation of 0.16. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Shariaportfolio Inc. Sells 32,335 Shares of Bitfarms Ltd. | 09/18/2024 |
2 | Bitfarms agrees to board changes in settlement with Riot Platforms | 09/23/2024 |
3 | Bitfarms Shares Gap Up to 2.20 - MarketBeat | 09/27/2024 |
4 | Bitfarms Files Amended and Restated Prospectus Supplement for its Existing At-the-Market Equity Offering Program - StockTitan | 10/04/2024 |
5 | Bitfarms Ltd. Short Interest Update | 10/15/2024 |
6 | Bitfarms Stock Price Down 4.8 percent Heres Why | 10/23/2024 |
7 | Bitfarms Shares Gap Down Time to Sell | 11/04/2024 |
8 | Bitfarms Ltd. Stock Dips While Market Gains Key Facts | 11/08/2024 |
9 | Bitfarms Ltd. Q3 2024 Earnings Call Transcript | 11/14/2024 |
10 | Bitfarms stock target raised, retains buy rating on upbeat BTC outlook | 11/15/2024 |
About Bitfarms 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 Bitfarms or other stocks. Alpha measures the amount that position in Bitfarms 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) | PB Ratio | 1.88 | 0.36 | 2.6 | 3.33 | Capex To Depreciation | 7.9 | 2.69 | 0.84 | 0.8 |
Bitfarms Upcoming Company Events
As portrayed in its financial statements, the presentation of Bitfarms' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bitfarms' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Bitfarms' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Bitfarms. Please utilize our Beneish M Score to check the likelihood of Bitfarms' management manipulating its earnings.
| 19th of March 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 19th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Bitfarms Backtesting, Bitfarms Valuation, Bitfarms Correlation, Bitfarms Hype Analysis, Bitfarms Volatility, Bitfarms History and analyze Bitfarms Performance. For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Bitfarms 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.