Btc Digital Stock Market Value
| BTCT Stock | 15.32 1.38 8.26% |
| Symbol | BTC |
BTC Digital Price To Book Ratio
Is Semiconductors & Semiconductor Equipment 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 BTC Digital. If investors know BTC 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 BTC Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.08) | Revenue Per Share 3.121 | Quarterly Revenue Growth (0.64) | Return On Assets (0.08) | Return On Equity (0.17) |
The market value of BTC Digital is measured differently than its book value, which is the value of BTC that is recorded on the company's balance sheet. Investors also form their own opinion of BTC Digital's value that differs from its market value or its book value, called intrinsic value, which is BTC Digital'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 BTC Digital's market value can be influenced by many factors that don't directly affect BTC Digital'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 BTC Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if BTC Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BTC Digital'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.
BTC Digital 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to BTC Digital's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of BTC Digital.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in BTC Digital on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding BTC Digital or generate 0.0% return on investment in BTC Digital over 30 days. BTC Digital is related to or competes with Meiwu Technology, Kite Realty, Lululemon Athletica, Inflection Point, Asbury Automotive, and Sea. BTC Digital is entity of United States. It is traded as Stock on NASDAQ exchange. More
BTC Digital Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure BTC Digital's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess BTC Digital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.61 | |||
| Information Ratio | 0.1585 | |||
| Maximum Drawdown | 349.83 | |||
| Value At Risk | (7.95) | |||
| Potential Upside | 26.71 |
BTC Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BTC Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BTC Digital's standard deviation. In reality, there are many statistical measures that can use BTC Digital historical prices to predict the future BTC Digital's volatility.| Risk Adjusted Performance | 0.1333 | |||
| Jensen Alpha | 7.2 | |||
| Total Risk Alpha | 0.2504 | |||
| Sortino Ratio | 0.8474 | |||
| Treynor Ratio | (1.25) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BTC Digital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BTC Digital Backtested Returns
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 market risk adjusted performance of (1.24), and Coefficient Of Variation of 618.76 to evaluate company specific risk that cannot be diversified away. BTC Digital holds a performance score of 13 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -5.27, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning BTC Digital are expected to decrease by larger amounts. On the other hand, during market turmoil, BTC Digital is expected to outperform it. Use BTC Digital coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on BTC Digital.
Auto-correlation | -0.12 |
Insignificant reverse predictability
BTC Digital has insignificant reverse predictability. Overlapping area represents the amount of predictability between BTC Digital time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BTC Digital price movement. The serial correlation of -0.12 indicates that less than 12.0% of current BTC Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 22.77 |
BTC Digital lagged returns against current returns
Autocorrelation, which is BTC Digital stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting BTC Digital's stock expected returns. We can calculate the autocorrelation of BTC Digital returns to help us make a trade decision. For example, suppose you find that BTC Digital has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
BTC Digital regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If BTC Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BTC Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BTC Digital stock over time.
Current vs Lagged Prices |
| Timeline |
BTC Digital Lagged Returns
When evaluating BTC Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BTC Digital stock have on its future price. BTC Digital autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, BTC Digital autocorrelation shows the relationship between BTC Digital stock current value and its past values and can show if there is a momentum factor associated with investing in BTC Digital.
Regressed Prices |
| Timeline |
Thematic Opportunities
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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.