Athena Bitcoin Global Stock Buy Hold or Sell Recommendation
| ABIT Stock | USD 0.10 0.02 16.67% |
Given the investment horizon of 90 days and your slightly conservative level of risk, our recommendation regarding Athena Bitcoin Global is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Athena Bitcoin Global given historical horizon and risk tolerance towards Athena Bitcoin. When Macroaxis issues a 'buy' or 'sell' recommendation for Athena Bitcoin Global, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Athena Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Athena and provide practical buy, sell, or hold advice based on investors' constraints. Athena Bitcoin Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Athena |
Execute Athena Bitcoin Buy or Sell Advice
The Athena recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Athena Bitcoin Global. Macroaxis does not own or have any residual interests in Athena Bitcoin Global or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Athena Bitcoin's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Athena Bitcoin Trading Alerts and Improvement Suggestions
| Athena Bitcoin is way too risky over 90 days horizon | |
| Athena Bitcoin has some characteristics of a very speculative penny stock | |
| Athena Bitcoin appears to be risky and price may revert if volatility continues | |
| Athena Bitcoin Global currently holds 10.77 M in liabilities. Athena Bitcoin Global has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Athena Bitcoin until it has trouble settling it off, either with new capital or with free cash flow. So, Athena Bitcoin's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Athena Bitcoin Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athena to invest in growth at high rates of return. When we think about Athena Bitcoin's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 72.51 M. Net Loss for the year was (3.64 M) with profit before overhead, payroll, taxes, and interest of 5.61 M. | |
| Athena Bitcoin Global currently holds about 1.01 M in cash with (4.14 M) of positive cash flow from operations. | |
| Roughly 76.0% of the company shares are held by company insiders |
Athena Bitcoin Returns Distribution Density
The distribution of Athena Bitcoin's historical returns is an attempt to chart the uncertainty of Athena Bitcoin's future price movements. The chart of the probability distribution of Athena Bitcoin daily returns describes the distribution of returns around its average expected value. We use Athena Bitcoin Global price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Athena Bitcoin returns is essential to provide solid investment advice for Athena Bitcoin.
| Mean Return | 2.05 | Value At Risk | -21.21 | Potential Upside | 33.33 | Standard Deviation | 19.03 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Athena Bitcoin historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Athena Bitcoin Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Athena Bitcoin or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Athena Bitcoin's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Athena pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.82 | |
β | Beta against Dow Jones | 10.33 | |
σ | Overall volatility | 19.29 | |
Ir | Information ratio | 0.10 |
Athena Bitcoin Volatility Alert
Athena Bitcoin Global is showing large volatility of returns over the selected time horizon. Athena Bitcoin Global is a potential penny stock. Although Athena Bitcoin may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Athena Bitcoin Global. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Athena instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Athena Bitcoin Fundamentals Vs Peers
Comparing Athena Bitcoin's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Athena Bitcoin's direct or indirect competition across all of the common fundamentals between Athena Bitcoin and the related equities. This way, we can detect undervalued stocks with similar characteristics as Athena Bitcoin or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Athena Bitcoin's fundamental indicators could also be used in its relative valuation, which is a method of valuing Athena Bitcoin by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Athena Bitcoin to competition |
| Fundamentals | Athena Bitcoin | Peer Average |
| Return On Asset | -0.0042 | -0.14 |
| Profit Margin | (0.06) % | (1.27) % |
| Operating Margin | (0) % | (5.51) % |
| Current Valuation | 2.01 B | 16.62 B |
| Shares Outstanding | 4.09 B | 571.82 M |
| Shares Owned By Insiders | 76.44 % | 10.09 % |
| Price To Sales | 28.18 X | 11.42 X |
| Revenue | 72.51 M | 9.43 B |
| Gross Profit | 5.61 M | 27.38 B |
| EBITDA | 1.27 M | 3.9 B |
| Net Income | (3.64 M) | 570.98 M |
| Cash And Equivalents | 1.01 M | 2.7 B |
| Total Debt | 10.77 M | 5.32 B |
| Current Ratio | 0.60 X | 2.16 X |
| Book Value Per Share | (0) X | 1.93 K |
| Cash Flow From Operations | (4.14 M) | 971.22 M |
| Earnings Per Share | (0) X | 3.12 X |
| Number Of Employees | 47 | 18.84 K |
| Beta | 3.14 | -0.15 |
| Market Capitalization | 1.06 B | 19.03 B |
| Z Score | 58.8 | 8.72 |
Athena Bitcoin Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Athena . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Athena Bitcoin Buy or Sell Advice
When is the right time to buy or sell Athena Bitcoin Global? Buying financial instruments such as Athena Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Athena Pink Sheet Analysis
When running Athena Bitcoin's price analysis, check to measure Athena Bitcoin'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 Athena Bitcoin is operating at the current time. Most of Athena Bitcoin's value examination focuses on studying past and present price action to predict the probability of Athena Bitcoin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Athena Bitcoin's price. Additionally, you may evaluate how the addition of Athena Bitcoin to your portfolios can decrease your overall portfolio volatility.