Bit Mining Stock Price History
| BTCM Stock | USD 2.63 0.03 1.13% |
Below is the normalized historical share price chart for BIT Mining extending back to November 22, 2013. 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 BIT Mining stands at 2.63, as last reported on the 2nd of February, with the highest price reaching 2.72 and the lowest price hitting 2.58 during the day.
If you're considering investing in BIT Stock, it is important to understand the factors that can impact its price. As of now, BIT Stock is very risky. BIT Mining secures Sharpe Ratio (or Efficiency) of 0.02, which signifies that the company had a 0.02 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for BIT Mining, which you can use to evaluate the volatility of the firm. Please confirm BIT Mining's mean deviation of 4.42, and Risk Adjusted Performance of 0.0325 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, BIT Mining's Common Stock Shares Outstanding is very stable compared to the past year. As of the 2nd of February 2025, Common Stock is likely to grow to about 65.2 K, while Total Stockholder Equity is likely to drop about 21.5 M. . At this time, BIT Mining's Price Book Value Ratio is very stable compared to the past year. As of the 2nd of February 2025, Price Earnings To Growth Ratio is likely to grow to 2.09, though Price Earnings Ratio is likely to grow to (211.42). BIT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of November 2013 | 200 Day MA 2.6749 | 50 Day MA 2.9068 | Beta 2.51 |
BIT |
Sharpe Ratio = 0.02
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| Cash | Small Risk | Average Risk | BTCM | Huge Risk |
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Estimated Market Risk
| 5.54 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average BIT Mining is performing at about 1% 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 BIT Mining by adding it to a well-diversified portfolio.
Price Book 0.8732 | Enterprise Value Ebitda (2.66) | Price Sales 0.9676 | Shares Float 994.9 M | Earnings Share (2.00) |
BIT Mining Stock Price History Chart
There are several ways to analyze BIT Stock price data. The simplest method is using a basic BIT candlestick price chart, which shows BIT Mining 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 Price | December 6, 2024 | 3.9 |
| Lowest Price | January 13, 2025 | 2.44 |
BIT Mining February 2, 2025 Stock Price Synopsis
Various analyses of BIT Mining's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell BIT Stock. It can be used to describe the percentage change in the price of BIT Mining from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of BIT Stock.| BIT Mining Price Rate Of Daily Change | 0.99 | |
| BIT Mining Price Action Indicator | (0.04) | |
| BIT Mining Price Daily Balance Of Power | (0.21) |
BIT Mining February 2, 2025 Stock Price Analysis
BIT Stock Price History Data
The price series of BIT Mining for the period between Mon, Nov 4, 2024 and Sun, Feb 2, 2025 has a statistical range of 1.46 with a coefficient of variation of 9.99. The prices are distributed with arithmetic mean of 2.9. The median price for the last 90 days is 2.85. The company had 1:10 stock split on 23rd of December 2022.| Open | High | Low | Close | Volume | ||
02/02/2025 | 2.63 | 2.72 | 2.58 | 2.63 | ||
| 01/31/2025 | 2.63 | 2.72 | 2.58 | 2.63 | 25,205 | |
| 01/30/2025 | 2.66 | 2.73 | 2.60 | 2.66 | 50,918 | |
| 01/29/2025 | 2.66 | 2.73 | 2.60 | 2.65 | 33,335 | |
| 01/28/2025 | 2.75 | 2.75 | 2.60 | 2.64 | 23,955 | |
| 01/27/2025 | 2.75 | 2.76 | 2.59 | 2.68 | 116,038 | |
| 01/24/2025 | 2.93 | 2.96 | 2.78 | 2.84 | 81,893 | |
| 01/23/2025 | 2.76 | 3.10 | 2.73 | 2.92 | 131,923 | |
| 01/22/2025 | 2.81 | 2.88 | 2.75 | 2.80 | 46,855 | |
| 01/21/2025 | 3.07 | 3.19 | 2.82 | 2.85 | 147,228 | |
| 01/17/2025 | 2.88 | 3.12 | 2.80 | 2.90 | 189,003 | |
| 01/16/2025 | 2.67 | 2.84 | 2.62 | 2.75 | 60,639 | |
| 01/15/2025 | 2.58 | 2.79 | 2.58 | 2.71 | 128,368 | |
| 01/14/2025 | 2.55 | 2.65 | 2.47 | 2.51 | 55,888 | |
| 01/13/2025 | 2.55 | 2.55 | 2.34 | 2.44 | 104,412 | |
| 01/10/2025 | 2.65 | 2.65 | 2.49 | 2.55 | 57,804 | |
| 01/08/2025 | 2.60 | 2.68 | 2.49 | 2.54 | 102,849 | |
| 01/07/2025 | 2.84 | 2.86 | 2.61 | 2.73 | 68,314 | |
| 01/06/2025 | 2.93 | 2.97 | 2.78 | 2.81 | 103,045 | |
| 01/03/2025 | 2.75 | 2.86 | 2.74 | 2.83 | 91,513 | |
| 01/02/2025 | 2.63 | 2.79 | 2.60 | 2.70 | 53,788 | |
| 12/31/2024 | 2.69 | 2.70 | 2.50 | 2.52 | 96,260 | |
| 12/30/2024 | 2.71 | 2.72 | 2.50 | 2.64 | 133,803 | |
| 12/27/2024 | 2.93 | 2.94 | 2.69 | 2.79 | 134,540 | |
| 12/26/2024 | 2.86 | 3.00 | 2.81 | 2.92 | 67,067 | |
| 12/24/2024 | 2.86 | 2.92 | 2.73 | 2.89 | 123,190 | |
| 12/23/2024 | 2.83 | 2.89 | 2.70 | 2.72 | 99,754 | |
| 12/20/2024 | 2.60 | 2.95 | 2.51 | 2.86 | 301,694 | |
| 12/19/2024 | 2.92 | 3.00 | 2.60 | 2.64 | 194,968 | |
| 12/18/2024 | 3.19 | 3.53 | 2.69 | 2.90 | 324,527 | |
| 12/17/2024 | 3.35 | 3.37 | 3.01 | 3.16 | 168,059 | |
| 12/16/2024 | 3.45 | 3.47 | 3.30 | 3.40 | 144,023 | |
| 12/13/2024 | 3.32 | 3.50 | 3.29 | 3.34 | 85,400 | |
| 12/12/2024 | 3.61 | 3.61 | 3.25 | 3.32 | 170,076 | |
| 12/11/2024 | 3.43 | 3.65 | 3.41 | 3.52 | 195,733 | |
| 12/10/2024 | 3.54 | 3.64 | 3.19 | 3.35 | 351,260 | |
| 12/09/2024 | 3.80 | 4.00 | 3.48 | 3.70 | 483,938 | |
| 12/06/2024 | 3.53 | 4.15 | 3.43 | 3.90 | 751,302 | |
| 12/05/2024 | 3.57 | 3.85 | 3.35 | 3.43 | 685,512 | |
| 12/04/2024 | 3.00 | 3.29 | 2.94 | 3.26 | 230,463 | |
| 12/03/2024 | 2.93 | 3.07 | 2.90 | 2.96 | 97,253 | |
| 12/02/2024 | 3.10 | 3.10 | 2.92 | 2.92 | 121,687 | |
| 11/29/2024 | 2.88 | 3.12 | 2.86 | 3.12 | 182,086 | |
| 11/27/2024 | 2.83 | 2.94 | 2.70 | 2.86 | 155,601 | |
| 11/26/2024 | 2.78 | 2.86 | 2.71 | 2.81 | 167,697 | |
| 11/25/2024 | 2.80 | 2.97 | 2.70 | 2.80 | 342,382 | |
| 11/22/2024 | 2.71 | 2.92 | 2.66 | 2.77 | 279,052 | |
| 11/21/2024 | 2.98 | 2.99 | 2.74 | 2.79 | 322,944 | |
| 11/20/2024 | 3.09 | 3.15 | 2.83 | 2.84 | 300,327 | |
| 11/19/2024 | 2.84 | 3.30 | 2.83 | 3.07 | 605,455 | |
| 11/18/2024 | 2.96 | 3.05 | 2.76 | 3.00 | 311,728 | |
| 11/15/2024 | 2.97 | 3.00 | 2.70 | 2.95 | 392,904 | |
| 11/14/2024 | 3.20 | 3.22 | 2.80 | 2.96 | 1,093,443 | |
| 11/13/2024 | 3.56 | 3.98 | 2.82 | 3.11 | 1,603,040 | |
| 11/12/2024 | 3.20 | 4.27 | 2.98 | 3.20 | 2,642,106 | |
| 11/11/2024 | 3.15 | 3.28 | 3.02 | 3.26 | 517,004 | |
| 11/08/2024 | 2.90 | 2.95 | 2.71 | 2.82 | 75,030 | |
| 11/07/2024 | 3.01 | 3.01 | 2.82 | 2.94 | 92,183 | |
| 11/06/2024 | 3.15 | 3.15 | 2.86 | 3.02 | 166,746 | |
| 11/05/2024 | 2.74 | 2.90 | 2.71 | 2.72 | 31,794 | |
| 11/04/2024 | 2.70 | 2.73 | 2.52 | 2.69 | 60,058 |
About BIT Mining Stock history
BIT Mining 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 BIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BIT Mining 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 BIT Mining stock prices may prove useful in developing a viable investing in BIT Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.3 B | |
| Net Loss | -178.7 M | -187.7 M |
BIT Mining Stock Technical Analysis
BIT Mining 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.
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BIT Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BIT Mining's price direction in advance. Along with the technical and fundamental analysis of BIT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BIT 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 Performance | 0.0325 | |||
| Jensen Alpha | 0.1827 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.017 | |||
| Treynor Ratio | (0.37) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIT Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BIT Mining. If investors know BIT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BIT Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.00) | Revenue Per Share | Quarterly Revenue Growth (0.87) | Return On Assets | Return On Equity |
The market value of BIT Mining is measured differently than its book value, which is the value of BIT that is recorded on the company's balance sheet. Investors also form their own opinion of BIT Mining's value that differs from its market value or its book value, called intrinsic value, which is BIT Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BIT Mining's market value can be influenced by many factors that don't directly affect BIT Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BIT Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIT Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIT Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.