BIT Computer (Korea) Performance
| 032850 Stock | KRW 4,850 40.00 0.82% |
The firm shows a Beta (market volatility) of 0.0487, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BIT Computer's returns are expected to increase less than the market. However, during the bear market, the loss of holding BIT Computer is expected to be smaller as well. At this point, BIT Computer has a negative expected return of -0.29%. Please make sure to confirm BIT Computer's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if BIT Computer performance from the past will be repeated in the future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days BIT Computer Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Total Cashflows From Investing Activities | -4 B |
BIT |
BIT Computer Relative Risk vs. Return Landscape
If you would invest 580,000 in BIT Computer Co on August 25, 2024 and sell it today you would lose (95,000) from holding BIT Computer Co or give up 16.38% of portfolio value over 90 days. BIT Computer Co is generating negative expected returns and assumes 1.6767% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than BIT, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BIT Computer Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BIT Computer's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as BIT Computer Co, and traders can use it to determine the average amount a BIT Computer's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1723
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 032850 |
Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BIT Computer is not performing at its full potential. However, 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 BIT Computer by adding BIT Computer to a well-diversified portfolio.
BIT Computer Fundamentals Growth
BIT Stock prices reflect investors' perceptions of the future prospects and financial health of BIT Computer, and BIT Computer fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on BIT Stock performance.
| Return On Equity | 7.76 | |||
| Return On Asset | 0.0569 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 165 B | |||
| Shares Outstanding | 16.45 M | |||
| Price To Earning | 45.65 X | |||
| Price To Sales | 2.16 X | |||
| Revenue | 36.43 B | |||
| EBITDA | 8.43 B | |||
| Cash And Equivalents | 7.85 B | |||
| Cash Per Share | 889.03 X | |||
| Total Debt | 3.85 B | |||
| Debt To Equity | 0.1 % | |||
| Cash Flow From Operations | 6.41 B | |||
| Total Asset | 71.73 B | |||
| Retained Earnings | 17.31 B | |||
| Current Asset | 20.09 B | |||
| Current Liabilities | 8.33 B | |||
About BIT Computer Performance
By analyzing BIT Computer's fundamental ratios, stakeholders can gain valuable insights into BIT Computer's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BIT Computer has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if BIT Computer has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BIT Computer Co., Ltd provides hospital, clinic, and pharmacy solutions in South Korea, Thailand, Ukraine, Kazakhstan, Afghanistan, the United States, Japan, Mongolia, and North Korea. BIT Computer Co., Ltd was founded in 1983 and is based in Seoul, South Korea. BITComputer is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about BIT Computer performance evaluation
Checking the ongoing alerts about BIT Computer for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for BIT Computer help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| BIT Computer generated a negative expected return over the last 90 days | |
| About 25.0% of the company shares are owned by insiders or employees |
- Analyzing BIT Computer's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether BIT Computer's stock is overvalued or undervalued compared to its peers.
- Examining BIT Computer's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating BIT Computer's management team can have a significant impact on its success or failure. Reviewing the track record and experience of BIT Computer's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of BIT Computer's stock. These opinions can provide insight into BIT Computer's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for BIT Stock analysis
When running BIT Computer's price analysis, check to measure BIT Computer'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 Computer is operating at the current time. Most of BIT Computer's value examination focuses on studying past and present price action to predict the probability of BIT Computer'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 Computer's price. Additionally, you may evaluate how the addition of BIT Computer to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |