Btc Digital Stock Price on July 25, 2024
| BTCT Stock | 15.32 1.38 8.26% |
Below is the normalized historical share price chart for BTC Digital extending back to October 17, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BTC Digital stands at 15.32, as last reported on the 26th of November, with the highest price reaching 15.96 and the lowest price hitting 13.70 during the day.
If you're considering investing in BTC Stock, it is important to understand the factors that can impact its price. BTC Digital is abnormally volatile given 3 months investment horizon. BTC Digital retains Efficiency (Sharpe Ratio) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 6.92% are justified by taking the suggested risk. Use BTC Digital coefficient of variation of 618.76, and Market Risk Adjusted Performance of (1.24) to evaluate company specific risk that cannot be diversified away.
At this time, BTC Digital's Common Stock Shares Outstanding is comparatively stable compared to the past year. Total Stockholder Equity is likely to gain to about 20.4 M in 2024, whereas Stock Based Compensation is likely to drop slightly above 131.1 K in 2024. . At this time, BTC Digital's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 0.39 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (2.42). BTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of March 2020 | 200 Day MA 2.9736 | 50 Day MA 4.6044 | Beta (0.08) |
BTC |
Sharpe Ratio = 0.1675
| Best Portfolio | Best Equity | BTCT | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 41.31 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average BTC Digital is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BTC Digital by adding it to a well-diversified portfolio.
Price Book 3.1083 | Enterprise Value Ebitda 74.705 | Price Sales 9.3832 | Shares Float 2 M | Wall Street Target Price 21.523 |
BTC Digital Valuation on July 25, 2024
It is possible to determine the worth of BTC Digital on a given historical date. On July 25, 2024 BTC was worth 1.98 at the beginning of the trading date compared to the closed value of 1.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BTC Digital stock. Still, in general, we apply an absolute valuation method to find BTC Digital's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BTC Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BTC Digital's related companies.
| Open | High | Low | Close | Volume | |
| 1.93 | 2.00 | 1.85 | 1.94 | 29,873 | |
07/25/2024 | 1.98 | 1.98 | 1.88 | 1.90 | 18,550 |
| 2.00 | 2.00 | 1.90 | 1.92 | 12,952 |
| Backtest BTC Digital | | | BTC Digital History | | | BTC Digital Valuation | Previous | Next |
BTC Digital Trading Date Momentum on July 25, 2024
| On July 26 2024 BTC Digital was traded for 1.92 at the closing time. The top price for the day was 2.00 and the lowest listed price was 1.90 . The trading volume for the day was 13 K. The trading history from July 26, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.05% . The overall trading delta against the current closing price is 11.05% . |
BTC Digital Fundamentals Correlations and Trends
By evaluating BTC Digital's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BTC Digital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BTC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BTC Digital Stock history
BTC Digital investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BTC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BTC Digital will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BTC Digital stock prices may prove useful in developing a viable investing in BTC Digital
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 M | 1.6 M | |
| Net Income Applicable To Common Shares | 61 M | 64 M |
BTC Digital Quarterly Net Working Capital |
|
BTC Digital Stock Technical Analysis
BTC Digital 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.
Price Boundaries
BTC Digital Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
BTC Digital cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
BTC Digital November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how BTC Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BTC Digital shares will generate the highest return on investment. By undertsting and applying BTC Digital stock market strength indicators, traders can identify BTC Digital entry and exit signals to maximize returns
BTC Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BTC Digital's price direction in advance. Along with the technical and fundamental analysis of BTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BTC to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1333 | |||
| Jensen Alpha | 7.2 | |||
| Total Risk Alpha | 0.2504 | |||
| Sortino Ratio | 0.8474 | |||
| Treynor Ratio | (1.25) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for BTC Stock Analysis
When running BTC Digital's price analysis, check to measure BTC Digital'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 BTC Digital is operating at the current time. Most of BTC Digital's value examination focuses on studying past and present price action to predict the probability of BTC Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTC Digital's price. Additionally, you may evaluate how the addition of BTC Digital to your portfolios can decrease your overall portfolio volatility.