Bitcoin Depot Stock Probability of Future Stock Price Finishing Under 0.02
| BTM Stock | 1.98 0.01 0.50% |
Bitcoin |
Bitcoin Depot Target Price Odds to finish below 0.02
The tendency of Bitcoin Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 0.02 or more in 90 days |
| 1.98 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Bitcoin Depot to drop to 0.02 or more in 90 days from now is near 1 (This Bitcoin Depot probability density function shows the probability of Bitcoin Stock to fall within a particular range of prices over 90 days) . Probability of Bitcoin Depot price to stay between 0.02 and its current price of 1.98 at the end of the 90-day period is about 89.77 .
Considering the 90-day investment horizon the stock has the beta coefficient of 3.24 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Bitcoin Depot will likely underperform. Additionally Bitcoin Depot has an alpha of 0.0835, implying that it can generate a 0.0835 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitcoin Depot Price Density |
| Price |
Predictive Modules for Bitcoin Depot
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bitcoin Depot. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitcoin Depot is not an exception. The market had few large corrections towards the Bitcoin Depot's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Bitcoin Depot, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitcoin Depot within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 3.24 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | 0.04 |
Bitcoin Depot Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Bitcoin Depot for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitcoin Depot can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bitcoin Depot is way too risky over 90 days horizon | |
| Bitcoin Depot may become a speculative penny stock | |
| Bitcoin Depot appears to be risky and price may revert if volatility continues | |
| Bitcoin Depot has a poor financial position based on the latest SEC disclosures | |
| About 25.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: BTM INDUSTRIAL APPOINTS ANDREW PRINGLE VICE PRESIDENT OF BUSINESS DEVELOPMENT |
Bitcoin Depot Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Bitcoin Stock often depends not only on the future outlook of the current and potential Bitcoin Depot's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bitcoin Depot's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.7 M | |
| Cash And Short Term Investments | 29.8 M |
Bitcoin Depot Technical Analysis
Bitcoin Depot's future price can be derived by breaking down and analyzing its technical indicators over time. Bitcoin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bitcoin Depot. In general, you should focus on analyzing Bitcoin Stock price patterns and their correlations with different microeconomic environments and drivers.
Bitcoin Depot Predictive Forecast Models
Bitcoin Depot's time-series forecasting models is one of many Bitcoin Depot's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Bitcoin Depot's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Bitcoin Depot
Checking the ongoing alerts about Bitcoin Depot for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitcoin Depot help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bitcoin Depot is way too risky over 90 days horizon | |
| Bitcoin Depot may become a speculative penny stock | |
| Bitcoin Depot appears to be risky and price may revert if volatility continues | |
| Bitcoin Depot has a poor financial position based on the latest SEC disclosures | |
| About 25.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: BTM INDUSTRIAL APPOINTS ANDREW PRINGLE VICE PRESIDENT OF BUSINESS DEVELOPMENT |
Check out Bitcoin Depot Backtesting, Bitcoin Depot Valuation, Bitcoin Depot Correlation, Bitcoin Depot Hype Analysis, Bitcoin Depot Volatility, Bitcoin Depot History as well as Bitcoin Depot Performance. To learn how to invest in Bitcoin Stock, please use our How to Invest in Bitcoin Depot guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bitcoin Depot. If investors know Bitcoin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bitcoin Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.89) | Revenue Per Share 36.273 | Quarterly Revenue Growth (0.17) | Return On Assets 0.1381 | Return On Equity (0.10) |
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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.
Please note, there is a significant difference between Bitcoin Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitcoin Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitcoin Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.