Bit Origin Stock Price Prediction

BTOG Stock  USD 1.36  0.14  9.33%   
As of 22nd of November 2024, The relative strength index (RSI) of Bit Origin's share price is at 50 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Bit Origin, making its price go up or down.

Oversold Vs Overbought

50

 
Oversold
 
Overbought
The successful prediction of Bit Origin's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Bit Origin and does not consider all of the tangible or intangible factors available from Bit Origin's fundamental data. We analyze noise-free headlines and recent hype associated with Bit Origin, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Bit Origin's stock price prediction:
Quarterly Revenue Growth
0.402
Using Bit Origin hype-based prediction, you can estimate the value of Bit Origin from the perspective of Bit Origin response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Bit Origin to buy its stock at a price that has no basis in reality. In that case, they are not buying Bit because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Bit Origin after-hype prediction price

    
  USD 1.44  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Bit Origin Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.
Intrinsic
Valuation
LowRealHigh
0.071.317.94
Details
Naive
Forecast
LowNextHigh
0.021.027.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.221.722.22
Details

Bit Origin After-Hype Price Prediction Density Analysis

As far as predicting the price of Bit Origin at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Bit Origin or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Bit Origin, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Bit Origin Estimiated After-Hype Price Volatility

In the context of predicting Bit Origin's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bit Origin's historical news coverage. Bit Origin's after-hype downside and upside margins for the prediction period are 0.07 and 8.07, respectively. We have considered Bit Origin's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
1.36
1.44
After-hype Price
8.07
Upside
Bit Origin is extremely dangerous at this time. Analysis and calculation of next after-hype price of Bit Origin is based on 3 months time horizon.

Bit Origin Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Bit Origin is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bit Origin backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Bit Origin, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.35 
6.68
  0.08 
  0.03 
1 Events / Month
3 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.36
1.44
5.88 
2,904  
Notes

Bit Origin Hype Timeline

Bit Origin is currently traded for 1.36. The entity has historical hype elasticity of 0.08, and average elasticity to hype of competition of -0.03. Bit is estimated to increase in value after the next headline, with the price projected to jump to 1.44 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is projected to be 5.88%, whereas the daily expected return is currently at -0.35%. The volatility of related hype on Bit Origin is about 8124.32%, with the expected price after the next announcement by competition of 1.33. Bit Origin currently holds about 17.8 K in cash with (6.76 M) of positive cash flow from operations. Given the investment horizon of 90 days the next estimated press release will be very soon.
Check out Bit Origin Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.

Bit Origin Related Hype Analysis

Having access to credible news sources related to Bit Origin's direct competition is more important than ever and may enhance your ability to predict Bit Origin's future price movements. Getting to know how Bit Origin's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Bit Origin may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
BTTRBetter Choice(0.15)8 per month 0.00 (0.07) 9.94 (12.38) 33.95 
FAMIFarmmi Inc 0.03 3 per month 0.00 (0.03) 15.00 (11.54) 61.47 
LSFLaird Superfood(0.51)9 per month 3.70  0.17  15.66 (7.63) 34.96 
PLAGPlanet Green Holdings(0.06)3 per month 6.82  0.13  25.42 (12.24) 57.53 
SNAXStryve Foods(0.05)9 per month 0.00 (0.12) 10.13 (8.51) 58.01 
SHRGSharing Services Global 0.00 0 per month 0.00 (0.05) 25.00 (30.43) 115.33 
RTONRight On Brands 0.00 0 per month 18.84  0.11  39.67 (36.36) 109.23 
NHMDNates Food Co 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
GHAVGrand Havana 0.00 0 per month 7.73  0.06  20.00 (16.67) 49.49 

Bit Origin Additional Predictive Modules

Most predictive techniques to examine Bit price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bit using various technical indicators. When you analyze Bit charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Bit Origin Predictive Indicators

The successful prediction of Bit Origin stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Bit Origin, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Bit Origin based on analysis of Bit Origin hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Bit Origin's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Bit Origin's related companies.
 2021 2022 2023 2024 (projected)
Graham Number24.9224.3227.9740.73
Receivables Turnover0.043513.3712.0412.64

Story Coverage note for Bit Origin

The number of cover stories for Bit Origin depends on current market conditions and Bit Origin's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bit Origin is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Bit Origin's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Bit Origin Short Properties

Bit Origin's future price predictability will typically decrease when Bit Origin's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bit Origin often depends not only on the future outlook of the potential Bit Origin's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bit Origin's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding3.3 M
Cash And Short Term Investments16.3 K

Complementary Tools for Bit Stock analysis

When running Bit Origin's price analysis, check to measure Bit Origin'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 Origin is operating at the current time. Most of Bit Origin's value examination focuses on studying past and present price action to predict the probability of Bit Origin'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 Origin's price. Additionally, you may evaluate how the addition of Bit Origin to your portfolios can decrease your overall portfolio volatility.
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