Abits Market Cap from 2010 to 2024

ABTS Stock   0.62  0.03  5.08%   
Abits Market Cap yearly trend continues to be comparatively stable with very little volatility. Market Cap will likely drop to about 41.9 M in 2024. From the period from 2010 to 2024, Abits Market Cap quarterly data regression had r-value of (0.85) and coefficient of variation of  122.61. View All Fundamentals
 
Market Cap  
First Reported
2010-12-31
Previous Quarter
44.1 M
Current Value
41.9 M
Quarterly Volatility
537.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Abits financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abits' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 8.4 K or Total Revenue of 1.8 M, as well as many indicators such as Price To Sales Ratio of 24.91, Dividend Yield of 0.0 or PTB Ratio of 4.09. Abits financial statements analysis is a perfect complement when working with Abits Valuation or Volatility modules.
  
Check out the analysis of Abits Correlation against competitors.

Latest Abits' Market Cap Growth Pattern

Below is the plot of the Market Cap of Abits Group over the last few years. It is Abits' Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Abits' overall financial position and show how it may be relating to other accounts over time.
Market Cap10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Abits Market Cap Regression Statistics

Arithmetic Mean438,398,249
Geometric Mean154,084,796
Coefficient Of Variation122.61
Mean Deviation487,719,564
Median78,849,557
Standard Deviation537,500,268
Sample Variance288906.5T
Range1.2B
R-Value(0.85)
Mean Square Error85791.7T
R-Squared0.72
Significance0.000057
Slope(102,284,596)
Total Sum of Squares4044691.5T

Abits Market Cap History

202441.9 M
202344.1 M
202215.4 M
202054.2 M
201926.1 M
201878.8 M
201754.6 M

About Abits Financial Statements

Abits shareholders use historical fundamental indicators, such as Market Cap, to determine how well the company is positioned to perform in the future. Although Abits investors may analyze each financial statement separately, they are all interrelated. The changes in Abits' assets and liabilities, for example, are also reflected in the revenues and expenses on on Abits' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Market Cap44.1 M41.9 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.