Bitech Technologies Stock Performance
| BTTC Stock | USD 0.07 0.01 12.50% |
On a scale of 0 to 100, Bitech Technologies holds a performance score of 3. The firm shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bitech Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Bitech Technologies is expected to be smaller as well. Please check Bitech Technologies' maximum drawdown and the relationship between the semi variance and price action indicator , to make a quick decision on whether Bitech Technologies' price patterns will revert.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Bitech Technologies are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather abnormal basic indicators, Bitech Technologies exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 41.7 K | |
| Total Cashflows From Investing Activities | -27.3 K | |
| Free Cash Flow | 35.8 K |
Bitech |
Bitech Technologies Relative Risk vs. Return Landscape
If you would invest 6.50 in Bitech Technologies on August 31, 2024 and sell it today you would earn a total of 0.50 from holding Bitech Technologies or generate 7.69% return on investment over 90 days. Bitech Technologies is currently generating 0.2938% in daily expected returns and assumes 6.0084% risk (volatility on return distribution) over the 90 days horizon. In different words, 53% of otc stocks are less volatile than Bitech, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Bitech Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitech Technologies' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Bitech Technologies, and traders can use it to determine the average amount a Bitech Technologies' 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 = 0.0489
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Estimated Market Risk
| 6.01 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Bitech Technologies is performing at about 3% of its full potential. 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 Bitech Technologies by adding it to a well-diversified portfolio.
Bitech Technologies Fundamentals Growth
Bitech OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Bitech Technologies, and Bitech Technologies 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 Bitech OTC Stock performance.
| Operating Margin | (12.40) % | |||
| Current Valuation | 43.55 M | |||
| Shares Outstanding | 515.26 M | |||
| Price To Book | 132.09 X | |||
| Price To Sales | 470.42 X | |||
| Revenue | 168.88 K | |||
| EBITDA | (102.55 K) | |||
| Cash And Equivalents | 443.92 K | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (177.44 K) | |||
| Total Asset | 43.7 K | |||
About Bitech Technologies Performance
By analyzing Bitech Technologies' fundamental ratios, stakeholders can gain valuable insights into Bitech Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bitech Technologies 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 Bitech Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bitech Technologies Corporation provides a suite of revolutionary electrical power generation technologies to the cryptocurrency mining industry. The company was founded in 2021 and is based in Costa Mesa, California. Bitech Technologies operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 2 people.Things to note about Bitech Technologies performance evaluation
Checking the ongoing alerts about Bitech Technologies for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Bitech Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bitech Technologies had very high historical volatility over the last 90 days | |
| Bitech Technologies has some characteristics of a very speculative penny stock | |
| Bitech Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 168.88 K. Net Loss for the year was (310.86 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bitech Technologies currently holds about 443.92 K in cash with (177.44 K) of positive cash flow from operations. | |
| Roughly 76.0% of the company shares are held by company insiders | |
| Latest headline from zacks.com: Acquisition by Zamkow Michael Jay of 3576 shares of SSC Technologies subject to Rule 16b-3 |
- Analyzing Bitech Technologies' 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 Bitech Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Bitech Technologies' 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 Bitech Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bitech Technologies' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Bitech Technologies' otc stock. These opinions can provide insight into Bitech Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Bitech OTC Stock analysis
When running Bitech Technologies' price analysis, check to measure Bitech Technologies' 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 Bitech Technologies is operating at the current time. Most of Bitech Technologies' value examination focuses on studying past and present price action to predict the probability of Bitech Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitech Technologies' price. Additionally, you may evaluate how the addition of Bitech Technologies to your portfolios can decrease your overall portfolio volatility.
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