Bitmine Financial Statements From 2010 to 2024
| BMNR Stock | USD 0.37 0.07 23.33% |
Check Bitmine Immersion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bitmine Immersion's main balance sheet or income statement drivers, such as , as well as many indicators such as . Bitmine financial statements analysis is a perfect complement when working with Bitmine Immersion Valuation or Volatility modules.
Bitmine |
Bitmine Immersion Technologies Company Shares Owned By Insiders Analysis
Bitmine Immersion's Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
More About Shares Owned By Insiders | All Equity Analysis
Insiders Shares | = | Executives Shares | + | Employees |
Current Bitmine Immersion Shares Owned By Insiders | 75.47 % |
Most of Bitmine Immersion's fundamental indicators, such as Shares Owned By Insiders, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bitmine Immersion Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
| Competition |
Based on the latest financial disclosure, 75% of Bitmine Immersion Technologies are shares owned by insiders. This is 394.59% higher than that of the Technology sector and 296.61% higher than that of the Electronic Components industry. The shares owned by insiders for all United States stocks is notably lower than that of the firm.
Bitmine Immersion Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bitmine Immersion's current stock value. Our valuation model uses many indicators to compare Bitmine Immersion value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bitmine Immersion competition to find correlations between indicators driving Bitmine Immersion's intrinsic value. More Info.Bitmine Immersion Technologies is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bitmine Immersion's earnings, one of the primary drivers of an investment's value.About Bitmine Immersion Financial Statements
Bitmine Immersion shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Bitmine Immersion investors may analyze each financial statement separately, they are all interrelated. The changes in Bitmine Immersion's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bitmine Immersion's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Bitmine Immersion Technologies, Inc. operates as a blockchain technology company in the United States. Bitmine Immersion Technologies, Inc. was founded in 1995 and is based in Atlanta, Georgia. Bitmine Immersion operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 2 people.
Pair Trading with Bitmine Immersion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bitmine Immersion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bitmine Immersion will appreciate offsetting losses from the drop in the long position's value.Moving against Bitmine Pink Sheet
| 0.85 | HNHPF | Hon Hai Precision | PairCorr |
| 0.79 | GLW | Corning Incorporated | PairCorr |
| 0.77 | JBL | Jabil Circuit | PairCorr |
| 0.73 | MRVL | Marvell Technology Earnings Call This Week | PairCorr |
| 0.66 | FLEX | Flex | PairCorr |
The ability to find closely correlated positions to Bitmine Immersion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bitmine Immersion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bitmine Immersion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bitmine Immersion Technologies to buy it.
The correlation of Bitmine Immersion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bitmine Immersion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bitmine Immersion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bitmine Immersion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bitmine Pink Sheet Analysis
When running Bitmine Immersion's price analysis, check to measure Bitmine Immersion's 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 Bitmine Immersion is operating at the current time. Most of Bitmine Immersion's value examination focuses on studying past and present price action to predict the probability of Bitmine Immersion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitmine Immersion's price. Additionally, you may evaluate how the addition of Bitmine Immersion to your portfolios can decrease your overall portfolio volatility.