Bitmine Immersion Financials
| BMNR Stock | USD 0.30 0.06 16.67% |
Bitmine |
Understanding current and past Bitmine Immersion Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bitmine Immersion's financial statements are interrelated, with each one affecting the others. For example, an increase in Bitmine Immersion's assets may result in an increase in income on the income statement.
Bitmine Immersion Stock Summary
Bitmine Immersion competes with LGL, Data IO, Sanmina, Plexus Corp, and Flex. 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.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 2030 Powers Ferry |
| Sector | Technology |
| Industry | Electronic Components |
| Benchmark | Dow Jones Industrial |
| Website | bitminetech.io |
| Phone | 404 816 8240 |
| Currency | USD - US Dollar |
Bitmine Immersion Key Financial Ratios
There are many critical financial ratios that Bitmine Immersion's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Bitmine Immersion reports annually and quarterly.| Return On Equity | -0.49 | |||
| Return On Asset | -0.17 | |||
| Beta | 1.16 |
Bitmine Financial Ratios 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.Bitmine Immersion Systematic Risk
Bitmine Immersion's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bitmine Immersion volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Bitmine Immersion correlated with the market. If Beta is less than 0 Bitmine Immersion generally moves in the opposite direction as compared to the market. If Bitmine Immersion Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bitmine Immersion is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bitmine Immersion is generally in the same direction as the market. If Beta > 1 Bitmine Immersion moves generally in the same direction as, but more than the movement of the benchmark.
Bitmine Immersion November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bitmine Immersion help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bitmine Immersion Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bitmine Immersion Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Bitmine Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bitmine Immersion's daily price indicators and compare them against related drivers.
| Downside Deviation | 28.02 | |||
| Information Ratio | 0.0698 | |||
| Maximum Drawdown | 94.95 | |||
| Value At Risk | (26.67) | |||
| Potential Upside | 46.15 |
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.