Bit Roe from 2010 to 2024

BTBT Stock  USD 4.61  0.18  4.06%   
Bit Digital ROE yearly trend continues to be comparatively stable with very little volatility. ROE will likely drop to -0.1 in 2024. From the period from 2010 to 2024, Bit Digital ROE quarterly data regression had mean square error of  0.19 and mean deviation of  0.29. View All Fundamentals
 
ROE  
First Reported
2010-12-31
Previous Quarter
(0.09)
Current Value
(0.1)
Quarterly Volatility
0.43717034
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bit Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bit Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.4 M, Selling General Administrative of 27.8 M or Selling And Marketing Expenses of 1.1 M, as well as many indicators such as Price To Sales Ratio of 11.57, Dividend Yield of 0.0038 or PTB Ratio of 2.07. Bit financial statements analysis is a perfect complement when working with Bit Digital Valuation or Volatility modules.
  
Check out the analysis of Bit Digital Correlation against competitors.
For more information on how to buy Bit Stock please use our How to Invest in Bit Digital guide.

Latest Bit Digital's Roe Growth Pattern

Below is the plot of the Roe of Bit Digital over the last few years. It is Bit Digital's ROE historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bit Digital's overall financial position and show how it may be relating to other accounts over time.
Roe10 Years Trend
Pretty Stable
   Roe   
       Timeline  

Bit Roe Regression Statistics

Arithmetic Mean(0.26)
Coefficient Of Variation(165.36)
Mean Deviation0.29
Median(0.13)
Standard Deviation0.44
Sample Variance0.19
Range1.4887
R-Value(0.25)
Mean Square Error0.19
R-Squared0.06
Significance0.37
Slope(0.02)
Total Sum of Squares2.68

Bit Roe History

2024 -0.0955
2023 -0.091
2022 -1.17
2021 0.0283
2020 -0.0291
2019 -1.46
2018 -0.3

About Bit Digital Financial Statements

Bit Digital shareholders use historical fundamental indicators, such as Roe, to determine how well the company is positioned to perform in the future. Although Bit Digital investors may analyze each financial statement separately, they are all interrelated. The changes in Bit Digital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bit Digital's 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
ROE(0.09)(0.10)

Thematic Opportunities

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Additional Tools for Bit Stock Analysis

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