Bitcoin Depot Stock Market Value
| BTMWW Stock | 0.09 0.01 6.15% |
| Symbol | Bitcoin |
Bitcoin Depot Price To Book Ratio
Is Investment Banking & Brokerage 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.
Bitcoin Depot '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 Bitcoin Depot'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 Bitcoin Depot.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Bitcoin Depot on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Bitcoin Depot or generate 0.0% return on investment in Bitcoin Depot over 510 days. Bitcoin Depot is related to or competes with Ziff Davis, Grupo Televisa, PennantPark Floating, Mill City, Verde Clean, Kandi Technologies, and NETGEAR. Bitcoin Depot is entity of United States More
Bitcoin Depot 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 Bitcoin Depot'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 Bitcoin Depot upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.16 | |||
| Information Ratio | 0.1041 | |||
| Maximum Drawdown | 84.14 | |||
| Value At Risk | (19.20) | |||
| Potential Upside | 28.05 |
Bitcoin Depot Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitcoin Depot's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bitcoin Depot's standard deviation. In reality, there are many statistical measures that can use Bitcoin Depot historical prices to predict the future Bitcoin Depot's volatility.| Risk Adjusted Performance | 0.095 | |||
| Jensen Alpha | 1.47 | |||
| Total Risk Alpha | (0.73) | |||
| Sortino Ratio | 0.1312 | |||
| Treynor Ratio | 0.5842 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bitcoin Depot'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.
Bitcoin Depot Backtested Returns
Bitcoin Depot is out of control given 3 months investment horizon. Bitcoin Depot secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.32% are justified by taking the suggested risk. Use Bitcoin Depot Risk Adjusted Performance of 0.095, mean deviation of 11.31, and Downside Deviation of 13.16 to evaluate company specific risk that cannot be diversified away. Bitcoin Depot holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.16, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bitcoin Depot will likely underperform. Use Bitcoin Depot potential upside, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on Bitcoin Depot.
Auto-correlation | 0.59 |
Modest predictability
Bitcoin Depot has modest predictability. Overlapping area represents the amount of predictability between Bitcoin Depot time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Bitcoin Depot price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Bitcoin Depot price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bitcoin Depot lagged returns against current returns
Autocorrelation, which is Bitcoin Depot 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 Bitcoin Depot's stock expected returns. We can calculate the autocorrelation of Bitcoin Depot returns to help us make a trade decision. For example, suppose you find that Bitcoin Depot 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 |
Bitcoin Depot 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 Bitcoin Depot stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bitcoin Depot stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bitcoin Depot stock over time.
Current vs Lagged Prices |
| Timeline |
Bitcoin Depot Lagged Returns
When evaluating Bitcoin Depot's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bitcoin Depot stock have on its future price. Bitcoin Depot 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, Bitcoin Depot autocorrelation shows the relationship between Bitcoin Depot stock current value and its past values and can show if there is a momentum factor associated with investing in Bitcoin Depot.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Bitcoin Stock Analysis
When running Bitcoin Depot's price analysis, check to measure Bitcoin Depot'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 Bitcoin Depot is operating at the current time. Most of Bitcoin Depot's value examination focuses on studying past and present price action to predict the probability of Bitcoin Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitcoin Depot's price. Additionally, you may evaluate how the addition of Bitcoin Depot to your portfolios can decrease your overall portfolio volatility.