Bit Origin Stock Price Prediction
BTOG Stock | USD 1.41 0.05 3.68% |
Oversold Vs Overbought
54
Oversold | Overbought |
Quarterly Revenue Growth 0.402 |
Using Bit Origin hype-based prediction, you can estimate the value of Bit Origin from the perspective of Bit Origin response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Bit Origin to buy its stock at a price that has no basis in reality. In that case, they are not buying Bit because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Bit Origin after-hype prediction price | USD 1.42 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Bit |
Bit Origin After-Hype Price Prediction Density Analysis
As far as predicting the price of Bit Origin at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Bit Origin or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Bit Origin, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Bit Origin Estimiated After-Hype Price Volatility
In the context of predicting Bit Origin's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bit Origin's historical news coverage. Bit Origin's after-hype downside and upside margins for the prediction period are 0.07 and 8.06, respectively. We have considered Bit Origin's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Bit Origin is extremely dangerous at this time. Analysis and calculation of next after-hype price of Bit Origin is based on 3 months time horizon.
Bit Origin Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Bit Origin is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bit Origin backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Bit Origin, there might be something going there, and it might present an excellent short sale opportunity.
Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.24 | 6.64 | 0.01 | 0.01 | 2 Events / Month | 6 Events / Month | In a few days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.41 | 1.42 | 0.71 |
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Bit Origin Hype Timeline
Bit Origin is currently traded for 1.41. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.01. Bit is estimated to increase in value after the next headline, with the price projected to jump to 1.42 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is projected to be 0.71%, whereas the daily expected return is currently at -0.24%. The volatility of related hype on Bit Origin is about 18765.22%, with the expected price after the next announcement by competition of 1.42. The company reported the previous year's revenue of 6.26 M. Net Loss for the year was (28.22 M) with loss before overhead, payroll, taxes, and interest of (211.03 K). Given the investment horizon of 90 days the next estimated press release will be in a few days. Check out Bit Origin Basic Forecasting Models to cross-verify your projections.Bit Origin Related Hype Analysis
Having access to credible news sources related to Bit Origin's direct competition is more important than ever and may enhance your ability to predict Bit Origin's future price movements. Getting to know how Bit Origin's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Bit Origin may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
SMFL | Smart for Life, | (0.05) | 8 per month | 0.00 | (0.24) | 17.44 | (25.00) | 142.62 | |
BTTR | Better Choice | 0.06 | 7 per month | 0.00 | (0.09) | 9.94 | (12.38) | 33.95 | |
FAMI | Farmmi Inc | 0.03 | 3 per month | 0.00 | (0.04) | 15.00 | (11.54) | 57.89 | |
LSF | Laird Superfood | 0.40 | 8 per month | 3.73 | 0.18 | 15.66 | (7.63) | 34.96 | |
PLAG | Planet Green Holdings | 0.02 | 4 per month | 7.00 | 0.12 | 25.42 | (12.24) | 57.53 | |
SNAX | Stryve Foods | 0.01 | 8 per month | 0.00 | (0.11) | 10.13 | (8.51) | 58.01 | |
PFODF | Premier Foods Plc | 0.00 | 0 per month | 0.00 | 0.04 | 0.00 | 0.00 | 26.69 | |
RIBT | Ricebran Tech | 0.00 | 11 per month | 0.00 | (0.06) | 5.56 | (7.00) | 16.03 | |
FREE | Whole Earth Brands | (0.01) | 6 per month | 0.11 | (0.52) | 0.21 | (0.41) | 1.04 | |
SHRG | Sharing Services Global | 0.00 | 0 per month | 0.00 | (0.04) | 25.00 | (30.43) | 115.33 | |
RTON | Right On Brands | 0.00 | 0 per month | 19.72 | 0.11 | 39.67 | (36.36) | 109.23 | |
NHMD | Nates Food Co | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
GHAV | Grand Havana | 0.00 | 0 per month | 0.00 | (0.05) | 20.00 | (16.67) | 49.49 |
Bit Origin Additional Predictive Modules
Most predictive techniques to examine Bit price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bit using various technical indicators. When you analyze Bit charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Bit Origin Predictive Indicators
The successful prediction of Bit Origin stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Bit Origin, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Bit Origin based on analysis of Bit Origin hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Bit Origin's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Bit Origin's related companies. 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 24.92 | 24.32 | 27.97 | 40.73 | Receivables Turnover | 0.0435 | 13.37 | 12.04 | 12.64 |
Story Coverage note for Bit Origin
The number of cover stories for Bit Origin depends on current market conditions and Bit Origin's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bit Origin is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Bit Origin's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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Bit Origin Short Properties
Bit Origin's future price predictability will typically decrease when Bit Origin's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bit Origin often depends not only on the future outlook of the potential Bit Origin's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bit Origin's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 3.3 M | |
Cash And Short Term Investments | 16.3 K |
Complementary Tools for Bit Stock analysis
When running Bit Origin's price analysis, check to measure Bit Origin'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 Bit Origin is operating at the current time. Most of Bit Origin's value examination focuses on studying past and present price action to predict the probability of Bit Origin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Origin's price. Additionally, you may evaluate how the addition of Bit Origin to your portfolios can decrease your overall portfolio volatility.
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