Bitcoin Depot Stock Price on December 31, 2022
| BTM Stock | 1.79 0.15 9.15% |
If you're considering investing in Bitcoin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bitcoin Depot stands at 1.79, as last reported on the 18th of January 2025, with the highest price reaching 1.93 and the lowest price hitting 1.65 during the day. Bitcoin Depot appears to be dangerous, given 3 months investment horizon. Bitcoin Depot secures Sharpe Ratio (or Efficiency) of 0.0659, which signifies that the company had a 0.0659% return per unit of risk over the last 3 months. By analyzing Bitcoin Depot's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of Bitcoin Depot's Risk Adjusted Performance of 0.0641, mean deviation of 4.4, and Downside Deviation of 4.89 to double-check if our risk estimates are consistent with your expectations.
Bitcoin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bitcoin |
Sharpe Ratio = 0.0659
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Estimated Market Risk
| 8.36 actual daily | 74 74% of assets are less volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Bitcoin Depot is performing at about 5% 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 Bitcoin Depot by adding it to a well-diversified portfolio.
Bitcoin Depot Valuation on December 31, 2022
It is possible to determine the worth of Bitcoin Depot on a given historical date. On December 31, 2022 Bitcoin was worth 10.1 at the beginning of the trading date compared to the closed value of 10.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bitcoin Depot stock. Still, in general, we apply an absolute valuation method to find Bitcoin Depot'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 Bitcoin Depot where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bitcoin Depot's related companies.
| Open | High | Low | Close | Volume | |
| 10.10 | 10.14 | 10.09 | 10.14 | 6,100 | |
12/30/2022 | 10.10 | 10.11 | 10.09 | 10.11 | 5,200 |
| 10.11 | 10.65 | 10.09 | 10.17 | 52,900 |
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Bitcoin Depot Trading Date Momentum on December 31, 2022
| On January 03 2023 Bitcoin Depot was traded for 10.17 at the closing time. Highest Bitcoin Depot's price during the trading hours was 10.65 and the lowest price during the day was 10.09 . The net volume was 52.9 K. The overall trading history on the 3rd of January contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.59% . The overall trading delta to current price is 0.20% . |
Bitcoin Depot Fundamentals Correlations and Trends
By evaluating Bitcoin Depot'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 Bitcoin Depot's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bitcoin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bitcoin Depot Stock history
Bitcoin Depot 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 Bitcoin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bitcoin Depot 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 Bitcoin Depot stock prices may prove useful in developing a viable investing in Bitcoin Depot
Bitcoin Depot Stock Technical Analysis
Bitcoin Depot 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
Bitcoin Depot Period Price Range
Low | January 18, 2025
| High |
0.00 | 0.00 |
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Bitcoin Depot January 18, 2025 Market Strength
Market strength indicators help investors to evaluate how Bitcoin Depot stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bitcoin Depot shares will generate the highest return on investment. By undertsting and applying Bitcoin Depot stock market strength indicators, traders can identify Bitcoin Depot entry and exit signals to maximize returns
Bitcoin Depot Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bitcoin Depot's price direction in advance. Along with the technical and fundamental analysis of Bitcoin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bitcoin 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 | 0.0641 | |||
| Jensen Alpha | 0.4843 | |||
| Total Risk Alpha | 0.3437 | |||
| Sortino Ratio | 0.1065 | |||
| Treynor Ratio | 0.1889 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitcoin Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Bitcoin Stock, please use our How to Invest in Bitcoin Depot guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bitcoin Depot. If investors know Bitcoin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bitcoin Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bitcoin Depot is measured differently than its book value, which is the value of Bitcoin that is recorded on the company's balance sheet. Investors also form their own opinion of Bitcoin Depot's value that differs from its market value or its book value, called intrinsic value, which is Bitcoin Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bitcoin Depot's market value can be influenced by many factors that don't directly affect Bitcoin Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bitcoin Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitcoin Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitcoin Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.