Bit Mining Stock Alpha and Beta Analysis
| BTCM Stock | USD 2.63 0.03 1.13% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as BIT Mining. It also helps investors analyze the systematic and unsystematic risks associated with investing in BIT Mining over a specified time horizon. Remember, high BIT Mining's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to BIT Mining's market risk premium analysis include:
Beta (0.42) | Alpha 0.18 | Risk 5.54 | Sharpe Ratio 0.02 | Expected Return 0.11 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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BIT Mining Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. BIT Mining market risk premium is the additional return an investor will receive from holding BIT Mining long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BIT Mining. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate BIT Mining's performance over market.| α | 0.18 | β | -0.42 |
BIT Mining expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of BIT Mining's Buy-and-hold return. Our buy-and-hold chart shows how BIT Mining performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.BIT Mining Market Price Analysis
Market price analysis indicators help investors to evaluate how BIT Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BIT Mining shares will generate the highest return on investment. By understating and applying BIT Mining stock market price indicators, traders can identify BIT Mining position entry and exit signals to maximize returns.
BIT Mining Return and Market Media
The median price of BIT Mining for the period between Mon, Nov 4, 2024 and Sun, Feb 2, 2025 is 2.85 with a coefficient of variation of 9.99. The daily time series for the period is distributed with a sample standard deviation of 0.29, arithmetic mean of 2.9, and mean deviation of 0.22. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | BIT Mining Invests in Prospers Native Tokens to Support New Focus on Bitcoin Mining | 11/14/2024 |
2 | Shark Bites Im Eyeing This Stock as a Safer Bitcoin Play - TheStreet | 11/18/2024 |
3 | BIT Mining Completed the First Phase of Acquisition in Ethiopia | 12/09/2024 |
4 | Peter Schiff Advises Biden To Do One Good Thing Before His Term Ends Sell All The Bitcoin Held By The US | 12/10/2024 |
5 | BIT Mining meets NYSE listing standards | 12/18/2024 |
6 | Whats Going On With Bitcoin Mining Stocks CleanSpark And Riot Platforms - Benzinga | 01/06/2025 |
7 | What Is Bitcoin Definition and How It Works - The Motley Fool | 01/14/2025 |
8 | DeepSeeks rise triggers overdone selloff in bitcoin mining stocks, analyst says - Seeking Alpha | 01/28/2025 |
About BIT Mining Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including BIT or other stocks. Alpha measures the amount that position in BIT Mining has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2024 | 2025 (projected) | Dividend Yield | 5.7E-5 | 2.9E-5 | Price To Sales Ratio | 148.24 | 140.83 |
BIT Mining Upcoming Company Events
As portrayed in its financial statements, the presentation of BIT Mining's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, BIT Mining's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of BIT Mining's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of BIT Mining. Please utilize our Beneish M Score to check the likelihood of BIT Mining's management manipulating its earnings.
| 16th of February 2024 Upcoming Quarterly Report | View | |
| 4th of June 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 16th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with BIT Mining
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out BIT Mining Backtesting, BIT Mining Valuation, BIT Mining Correlation, BIT Mining Hype Analysis, BIT Mining Volatility, BIT Mining History and analyze BIT Mining Performance. To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
BIT Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.