Bitmine Immersion Technologies Stock Buy Hold or Sell Recommendation
| BMNR Stock | USD 0.30 0.06 16.67% |
Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Bitmine Immersion Technologies is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Bitmine Immersion Technologies given historical horizon and risk tolerance towards Bitmine Immersion. When Macroaxis issues a 'buy' or 'sell' recommendation for Bitmine Immersion Technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Bitmine Immersion 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 Bitmine and provide practical buy, sell, or hold advice based on investors' constraints. Bitmine Immersion Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Bitmine |
Execute Bitmine Immersion Buy or Sell Advice
The Bitmine recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bitmine Immersion Technologies. Macroaxis does not own or have any residual interests in Bitmine Immersion Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bitmine Immersion's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Insignificant | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Bitmine Immersion Trading Alerts and Improvement Suggestions
| Bitmine Immersion is way too risky over 90 days horizon | |
| Bitmine Immersion has some characteristics of a very speculative penny stock | |
| Bitmine Immersion appears to be risky and price may revert if volatility continues | |
| Bitmine Immersion has high likelihood to experience some financial distress in the next 2 years | |
| Bitmine Immersion Technologies currently holds 1.89 M in liabilities with Debt to Equity (D/E) ratio of 1.66, which is about average as compared to similar companies. Bitmine Immersion has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Bitmine Immersion until it has trouble settling it off, either with new capital or with free cash flow. So, Bitmine Immersion'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 Bitmine Immersion sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bitmine to invest in growth at high rates of return. When we think about Bitmine Immersion's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 427.67 K. Net Loss for the year was (2.01 M) with loss before overhead, payroll, taxes, and interest of (129.03 K). | |
| Bitmine Immersion Technologies currently holds about 499.91 K in cash with (1.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 75.0% of Bitmine Immersion shares are held by company insiders |
Bitmine Immersion Returns Distribution Density
The distribution of Bitmine Immersion's historical returns is an attempt to chart the uncertainty of Bitmine Immersion's future price movements. The chart of the probability distribution of Bitmine Immersion daily returns describes the distribution of returns around its average expected value. We use Bitmine Immersion Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bitmine Immersion returns is essential to provide solid investment advice for Bitmine Immersion.
| Mean Return | 1.49 | Value At Risk | -26.67 | Potential Upside | 46.15 | Standard Deviation | 19.55 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bitmine Immersion 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.
Bitmine Immersion 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 Bitmine Immersion or Technology 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 Bitmine Immersion'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 Bitmine 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 | 1.79 | |
β | Beta against Dow Jones | -2.53 | |
σ | Overall volatility | 19.70 | |
Ir | Information ratio | 0.07 |
Bitmine Immersion Volatility Alert
Bitmine Immersion Technologies is showing large volatility of returns over the selected time horizon. Bitmine Immersion Technologies is a potential penny stock. Although Bitmine Immersion 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 Bitmine Immersion Technologies. 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 Bitmine 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.Bitmine Immersion Fundamentals Vs Peers
Comparing Bitmine Immersion'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 Bitmine Immersion's direct or indirect competition across all of the common fundamentals between Bitmine Immersion and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bitmine Immersion or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Bitmine Immersion's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bitmine Immersion by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bitmine Immersion to competition |
| Fundamentals | Bitmine Immersion | Peer Average |
| Return On Equity | -0.49 | -0.31 |
| Return On Asset | -0.17 | -0.14 |
| Operating Margin | (2.68) % | (5.51) % |
| Shares Owned By Insiders | 75.47 % | 10.09 % |
| Revenue | 427.67 K | 9.43 B |
| Gross Profit | (129.03 K) | 27.38 B |
| EBITDA | (1.71 M) | 3.9 B |
| Net Income | (2.01 M) | 570.98 M |
| Cash And Equivalents | 499.91 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 1.89 M | 5.32 B |
| Debt To Equity | 1.66 % | 48.70 % |
| Current Ratio | 0.32 X | 2.16 X |
| Book Value Per Share | 0.14 X | 1.93 K |
| Cash Flow From Operations | (1.63 M) | 971.22 M |
| Earnings Per Share | (0.03) X | 3.12 X |
| Number Of Employees | 6 | 18.84 K |
| Beta | 1.16 | -0.15 |
| Total Asset | 7.97 M | 29.47 B |
| Net Asset | 7.97 M |
Bitmine Immersion Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bitmine . 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 Bitmine Immersion Buy or Sell Advice
When is the right time to buy or sell Bitmine Immersion Technologies? Buying financial instruments such as Bitmine 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.
Use Investing Ideas to Build Portfolios
In addition to having Bitmine Immersion in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Corporate Bonds Funds Thematic Idea Now
Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate Bonds Funds Theme or any other thematic opportunities.
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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.