Bitdeer Technologies Group Stock Price on August 14, 2024
| BTDR Stock | 14.27 2.04 16.68% |
If you're considering investing in Bitdeer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bitdeer Technologies stands at 14.27, as last reported on the 2nd of December, with the highest price reaching 15.50 and the lowest price hitting 12.90 during the day. Bitdeer Technologies is slightly risky given 3 months investment horizon. Bitdeer Technologies secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% 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 1.6% are justified by taking the suggested risk. Use Bitdeer Technologies Risk Adjusted Performance of 0.1605, downside deviation of 5.89, and Mean Deviation of 5.27 to evaluate company specific risk that cannot be diversified away.
At this time, Bitdeer Technologies' Stock Based Compensation is relatively stable compared to the past year. As of 12/02/2024, Issuance Of Capital Stock is likely to grow to about 10 M, while Total Stockholder Equity is likely to drop slightly above 298.3 M. . At this time, Bitdeer Technologies' Price Book Value Ratio is relatively stable compared to the past year. As of 12/02/2024, Price Earnings To Growth Ratio is likely to grow to 3.27, while Price Earnings Ratio is likely to drop (18.18). Bitdeer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bitdeer |
Sharpe Ratio = 0.2242
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Estimated Market Risk
| 7.14 actual daily | 63 63% of assets are less volatile |
Expected Return
| 1.6 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Bitdeer Technologies is performing at about 17% 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 Bitdeer Technologies by adding it to a well-diversified portfolio.
Price Book 4.582 | Enterprise Value Ebitda 181.5048 | Price Sales 4.8587 | Shares Float 39.7 M | Wall Street Target Price 16.1091 |
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Bitdeer Technologies Valuation on August 14, 2024
It is possible to determine the worth of Bitdeer Technologies on a given historical date. On August 14, 2024 Bitdeer was worth 8.22 at the beginning of the trading date compared to the closed value of 7.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bitdeer Technologies stock. Still, in general, we apply an absolute valuation method to find Bitdeer Technologies' 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 Bitdeer Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bitdeer Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 7.87 | 8.32 | 7.66 | 7.89 | 1,077,592 | |
08/14/2024 | 8.22 | 8.30 | 7.72 | 7.73 | 581,857 |
| 6.64 | 7.11 | 6.22 | 6.33 | 15,359,537 |
| Backtest Bitdeer Technologies | | | Bitdeer Technologies History | | | Bitdeer Technologies Valuation | Previous | Next |
Bitdeer Technologies Trading Date Momentum on August 14, 2024
| On August 15 2024 Bitdeer Technologies Group was traded for 6.33 at the closing time. The top price for the day was 7.11 and the lowest listed price was 6.22 . The trading volume for the day was 15.4 M. The trading history from August 15, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 18.11% . The overall trading delta against the current closing price is 3.10% . |
Bitdeer Technologies Fundamentals Correlations and Trends
By evaluating Bitdeer Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bitdeer Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bitdeer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bitdeer Technologies Stock history
Bitdeer Technologies 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 Bitdeer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bitdeer Technologies 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 Bitdeer Technologies stock prices may prove useful in developing a viable investing in Bitdeer Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 110.5 M | 88.9 M |
Bitdeer Technologies Stock Technical Analysis
Bitdeer Technologies 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
Bitdeer Technologies Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Bitdeer Technologies Group 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.
Bitdeer Technologies December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Bitdeer Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bitdeer Technologies shares will generate the highest return on investment. By undertsting and applying Bitdeer Technologies stock market strength indicators, traders can identify Bitdeer Technologies Group entry and exit signals to maximize returns
Bitdeer Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bitdeer Technologies' price direction in advance. Along with the technical and fundamental analysis of Bitdeer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bitdeer 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 | 0.1605 | |||
| Jensen Alpha | 0.8899 | |||
| Total Risk Alpha | 0.2137 | |||
| Sortino Ratio | 0.2172 | |||
| Treynor Ratio | 0.3477 |
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Additional Tools for Bitdeer Stock Analysis
When running Bitdeer Technologies' price analysis, check to measure Bitdeer Technologies' 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 Bitdeer Technologies is operating at the current time. Most of Bitdeer Technologies' value examination focuses on studying past and present price action to predict the probability of Bitdeer Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitdeer Technologies' price. Additionally, you may evaluate how the addition of Bitdeer Technologies to your portfolios can decrease your overall portfolio volatility.