Bitcoin Competitors
| BTM Stock | 0.94 0.02 1.86% |
Bitcoin Depot vs OFS Capital Correlation
Good diversification
The correlation between Bitcoin Depot and OFS is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bitcoin Depot and OFS in the same portfolio, assuming nothing else is changed.
Moving against Bitcoin Stock
| 0.78 | BRC | Brady Earnings Call This Week | PairCorr |
| 0.61 | AZG2 | Acacia Research | PairCorr |
| 0.61 | INPST | Inpost SA | PairCorr |
| 0.54 | JRSA | SSH GROUP LTD | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bitcoin Depot's 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.
Bitcoin Depot Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Bitcoin Depot and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Bitcoin and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Bitcoin Depot does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Bitcoin Stock performing well and Bitcoin Depot Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Bitcoin Depot's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DOMH | 3.59 | (0.32) | 0.00 | 48.39 | 0.00 | 5.71 | 24.97 | |||
| PLUT | 1.37 | (0.12) | 0.00 | 0.17 | 0.00 | 2.81 | 8.95 | |||
| STKE | 5.52 | (0.75) | 0.00 | (1.28) | 0.00 | 12.00 | 35.10 | |||
| IOR | 0.77 | (0.08) | 0.00 | 1.63 | 0.00 | 2.56 | 16.86 | |||
| CPBI | 0.63 | 0.21 | 0.12 | (1.30) | 0.77 | 1.68 | 7.01 | |||
| AFJK | 35.91 | 14.71 | 1.11 | 0.73 | 10.81 | 37.49 | 1,067 | |||
| OAKU | 0.38 | 0.00 | 0.00 | 0.06 | 0.00 | 1.08 | 6.66 | |||
| HGBL | 2.07 | 0.06 | 0.00 | (0.08) | 2.34 | 5.69 | 16.17 | |||
| SSBI | 1.14 | 0.39 | 0.22 | 0.57 | 1.03 | 3.84 | 7.82 | |||
| OFS | 2.10 | (0.17) | 0.00 | 0.27 | 0.00 | 4.51 | 17.27 |
Cross Equities Net Income Analysis
Compare Bitcoin Depot and related stocks such as Dominari Holdings, Plutus Financial, and Sol Strategies Common Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DOMH | 100 K | (3.5 M) | (3.9 M) | (18 M) | (30.5 M) | (51.5 M) | (6.5 M) | (3.3 M) | 1.7 M | (4.2 M) | (12.3 M) | (7.2 M) | (22.1 M) | (22.9 M) | (14.7 M) | (13.2 M) | (12.6 M) |
| IOR | 2.4 M | 669 K | 1.5 M | 5.5 M | 1.6 M | 1.5 M | 2.1 M | 1.5 M | 8.2 M | 4.1 M | 4.2 M | 3.6 M | 3.9 M | 7 M | 4.7 M | 5.3 M | 5.6 M |
| AFJK | 171.4 K | 171.4 K | 171.4 K | 171.4 K | 171.4 K | 171.4 K | 171.4 K | 171.4 K | 171.4 K | 171.4 K | 171.4 K | 171.4 K | 171.4 K | 171.4 K | 2.6 M | 2.9 M | 1.5 M |
| HGBL | (100 K) | 30.7 M | (1.8 M) | (6.4 M) | (26.5 M) | (10.4 M) | 14 K | (249 K) | 3.8 M | 3.9 M | 9.7 M | 3.1 M | 15.5 M | 12.5 M | 5.2 M | 6 M | 6.3 M |
Bitcoin Depot and related stocks such as Dominari Holdings, Plutus Financial, and Sol Strategies Common Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Bitcoin Depot financial statement analysis. It represents the amount of money remaining after all of Bitcoin Depot operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Bitcoin Depot Competitive Analysis
The better you understand Bitcoin Depot competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Bitcoin Depot's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Bitcoin Depot's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Bitcoin Depot Competition Performance Charts
Five steps to successful analysis of Bitcoin Depot Competition
Bitcoin Depot's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Bitcoin Depot in relation to its competition. Bitcoin Depot's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Bitcoin Depot in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Bitcoin Depot's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Bitcoin Depot, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Bitcoin Depot Correlation with its peers. To learn how to invest in Bitcoin Stock, please use our How to Invest in Bitcoin Depot guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Will Commercial Services & Supplies sector continue expanding? Could Bitcoin diversify its offerings? Factors like these will boost the valuation of Bitcoin Depot. Projected growth potential of Bitcoin fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Bitcoin Depot data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.102 | Earnings Share 0.16 | Revenue Per Share | Quarterly Revenue Growth 0.201 | Return On Assets |
The market value of Bitcoin Depot is measured differently than its book value, which is the value of Bitcoin that is recorded on the company's balance sheet. Investors also form their own opinion of Bitcoin Depot's value that differs from its market value or its book value, called intrinsic value, which is Bitcoin Depot's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Bitcoin Depot's market value can be influenced by many factors that don't directly affect Bitcoin Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Bitcoin Depot's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Bitcoin Depot should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Bitcoin Depot's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
