Q3 Slowdown Hits Coinbase, But It Still Pledges 25M for Political Funding
COIN Stock | USD 312.22 7.58 2.49% |
About 60% of all Coinbase Global's investors are looking to take a long position. The analysis of overall sentiment of trading Coinbase Global stock suggests that some investors are interested at this time. Coinbase Global's investing sentiment overview a quick insight into current market opportunities from investing in Coinbase Global. Many technical investors use Coinbase Global stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Coinbase |
Coinbase missed Wall Streets Q3 2024 revenue estimate of 1.26 billion, reporting 1.2 billion. Its earnings per share of 0.
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Coinbase Global Current Investor Sentiment
Panic Vs Confidence
60
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Coinbase Global's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Coinbase Global.
News SentimentNeutral | Hype SentimentBullish | Insider SentimentDisposing |
Coinbase Global Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Coinbase Global can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Coinbase Global Historical Investor Sentiment
Investor biases related to Coinbase Global's public news can be used to forecast risks associated with an investment in Coinbase. The trend in average sentiment can be used to explain how an investor holding Coinbase can time the market purely based on public headlines and social activities around Coinbase Global. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Coinbase Global's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Coinbase Global and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Coinbase Global news discussions. The higher the estimate score, the more favorable the investor's outlook on Coinbase Global.
Coinbase Global Fundamental Analysis
We analyze Coinbase Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Coinbase Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Coinbase Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Coinbase Global is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Coinbase Global Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Coinbase Global stock to make a market-neutral strategy. Peer analysis of Coinbase Global could also be used in its relative valuation, which is a method of valuing Coinbase Global by comparing valuation metrics with similar companies.
Peers
Coinbase Global Related Equities
Check out Coinbase Global Hype Analysis, Coinbase Global Correlation and Coinbase Global Performance. To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified Capital Markets 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 Coinbase Global. If investors know Coinbase 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 Coinbase Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.27 | Earnings Share 5.9 | Revenue Per Share 20.46 | Quarterly Revenue Growth 0.812 | Return On Assets 0.0041 |
The market value of Coinbase Global is measured differently than its book value, which is the value of Coinbase that is recorded on the company's balance sheet. Investors also form their own opinion of Coinbase Global's value that differs from its market value or its book value, called intrinsic value, which is Coinbase Global'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 Coinbase Global's market value can be influenced by many factors that don't directly affect Coinbase Global'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 Coinbase Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coinbase Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coinbase Global'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.