Abits Group Stock Price History

Stocks . USA . 
Stock . Abits Group
ABTS Stock   0.66  0.03  4.76%   
Below is the normalized historical share price chart for Abits Group extending back to April 10, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Abits stands at 0.66, as last reported on the 25th of November, with the highest price reaching 0.68 and the lowest price hitting 0.62 during the day.
IPO Date
10th of April 2014
200 Day MA
0.6286
50 Day MA
0.5204
Beta
2.706
 
Yuan Drop
 
Covid
If you're considering investing in Abits Stock, it is important to understand the factors that can impact its price. Abits appears to be out of control, given 3 months investment horizon. Abits Group secures Sharpe Ratio (or Efficiency) of 0.087, which signifies that the company had a 0.087% return per unit of risk over the last 3 months. By analyzing Abits' technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of Abits' Downside Deviation of 7.18, mean deviation of 4.54, and Risk Adjusted Performance of 0.0745 to double-check if our risk estimates are consistent with your expectations.
  
Total Stockholder Equity is likely to drop to about 9.3 M in 2024. Common Stock Shares Outstanding is likely to drop to about 24.3 M in 2024. At this time, Abits' Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.08 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (3.32). Abits Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.087

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Estimated Market Risk

 6.63
  actual daily
59
59% of assets are less volatile

Expected Return

 0.58
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Abits is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Abits by adding it to a well-diversified portfolio.
Price Book
1.9864
Enterprise Value Ebitda
(19.39)
Price Sales
4.1916
Shares Float
25.9 M
Earnings Share
(0.26)

Abits Stock Price History Chart

There are several ways to analyze Abits Stock price data. The simplest method is using a basic Abits candlestick price chart, which shows Abits price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 12, 20240.72
Lowest PriceSeptember 10, 20240.4

Abits November 25, 2024 Stock Price Synopsis

Various analyses of Abits' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Abits Stock. It can be used to describe the percentage change in the price of Abits from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Abits Stock.
Abits Price Daily Balance Of Power 0.50 
Abits Accumulation Distribution 8,482 
Abits Price Rate Of Daily Change 1.05 
Abits Price Action Indicator 0.03 

Abits November 25, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Abits Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Abits intraday prices and daily technical indicators to check the level of noise trading in Abits Stock and then apply it to test your longer-term investment strategies against Abits.

Abits Stock Price History Data

The price series of Abits for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 has a statistical range of 0.32 with a coefficient of variation of 12.1. The prices are distributed with arithmetic mean of 0.51. The median price for the last 90 days is 0.5. The company had 1:5 stock split on 22nd of April 2019.
OpenHighLowCloseVolume
11/25/2024 0.65  0.68  0.62  0.66  96,133 
11/22/2024 0.64  0.67  0.62  0.63  74,281 
11/21/2024 0.63  0.65  0.63  0.64  41,520 
11/20/2024 0.60  0.65  0.60  0.62  87,622 
11/19/2024 0.56  0.58  0.53  0.56  52,680 
11/18/2024 0.59  0.61  0.55  0.58  36,873 
11/15/2024 0.56  0.60  0.50  0.59  101,187 
11/14/2024 0.63  0.69  0.51  0.53  225,983 
11/13/2024 0.75  0.85  0.63  0.65  457,450 
11/12/2024 0.61  0.73  0.59  0.72  562,948 
11/11/2024 0.60  0.66  0.57  0.63  599,103 
11/08/2024 0.56  0.60  0.56  0.59  19,923 
11/07/2024 0.54  0.58  0.54  0.56  18,461 
11/06/2024 0.59  0.62  0.52  0.56  148,191 
11/05/2024 0.59  0.59  0.50  0.58  27,565 
11/04/2024 0.58  0.59  0.52  0.58  37,644 
11/01/2024 0.52  0.58  0.52  0.55  23,123 
10/31/2024 0.62  0.62  0.51  0.54  36,900 
10/30/2024 0.51  0.58  0.51  0.55  175,500 
10/29/2024 0.47  0.61  0.45  0.58  396,726 
10/28/2024 0.44  0.49  0.40  0.48  319,835 
10/25/2024 0.39  0.51  0.38  0.48  2,658,009 
10/24/2024 0.47  0.47  0.43  0.43  13,600 
10/23/2024 0.49  0.49  0.47  0.47  9,934 
10/22/2024 0.47  0.50  0.47  0.47  14,600 
10/21/2024 0.47  0.50  0.47  0.49  19,400 
10/18/2024 0.52  0.52  0.47  0.49  9,000 
10/17/2024 0.47  0.50  0.45  0.47  20,000 
10/16/2024 0.47  0.53  0.43  0.45  30,830 
10/15/2024 0.48  0.48  0.44  0.44  11,500 
10/14/2024 0.42  0.52  0.41  0.48  83,322 
10/11/2024 0.44  0.45  0.44  0.44  1,800 
10/10/2024 0.42  0.49  0.42  0.42  15,300 
10/09/2024 0.43  0.43  0.42  0.43  6,484 
10/08/2024 0.46  0.46  0.43  0.43  14,100 
10/07/2024 0.49  0.49  0.46  0.46  11,200 
10/04/2024 0.47  0.47  0.46  0.47  6,426 
10/03/2024 0.43  0.50  0.43  0.47  16,300 
10/02/2024 0.46  0.50  0.45  0.47  28,682 
10/01/2024 0.47  0.47  0.45  0.46  15,077 
09/30/2024 0.49  0.52  0.45  0.47  2,691 
09/27/2024 0.50  0.53  0.50  0.51  9,900 
09/26/2024 0.46  0.50  0.46  0.50  8,800 
09/25/2024 0.50  0.52  0.50  0.50  4,408 
09/24/2024 0.50  0.51  0.50  0.50  2,657 
09/23/2024 0.48  0.52  0.48  0.49  11,776 
09/20/2024 0.54  0.54  0.51  0.52  4,481 
09/19/2024 0.53  0.54  0.52  0.52  6,200 
09/18/2024 0.49  0.54  0.48  0.54  1,900 
09/17/2024 0.50  0.54  0.48  0.52  6,847 
09/16/2024 0.49  0.54  0.49  0.51  15,400 
09/13/2024 0.49  0.54  0.47  0.50  1,000.00 
09/12/2024 0.41  0.52  0.41  0.50  250,700 
09/11/2024 0.41  0.47  0.38  0.46  55,356 
09/10/2024 0.46  0.48  0.38  0.40  215,700 
09/09/2024 0.53  0.53  0.45  0.46  49,700 
09/06/2024 0.48  0.52  0.47  0.52  2,961 
09/05/2024 0.51  0.51  0.47  0.49  10,300 
09/04/2024 0.49  0.51  0.47  0.49  1,700 
09/03/2024 0.51  0.51  0.49  0.49  8,900 
08/30/2024 0.50  0.50  0.46  0.49  14,200 

About Abits Stock history

Abits investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Abits is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Abits Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Abits stock prices may prove useful in developing a viable investing in Abits
Last ReportedProjected for Next Year
Common Stock Shares Outstanding35.6 M24.3 M

Abits Quarterly Net Working Capital

652,936

Abits Stock Technical Analysis

Abits 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.
Overlap Analysis
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Forecast Models
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Price Shifting
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Volatility Indicators
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Value Movement
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A focus of Abits technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Abits trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Abits Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Abits' price direction in advance. Along with the technical and fundamental analysis of Abits Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abits to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance0.0745
Jensen Alpha0.6121
Total Risk Alpha(0.48)
Sortino Ratio0.0598
Treynor Ratio(1.07)
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators

Additional Tools for Abits Stock Analysis

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