Bit Origin Stock Technical Analysis

BTOG Stock  USD 1.41  0.05  3.68%   
As of the 25th of November, Bit Origin shows the Risk Adjusted Performance of (0.01), standard deviation of 6.59, and Mean Deviation of 4.96. Bit Origin technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Bit Origin market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Bit Origin is priced correctly, providing market reflects its regular price of 1.41 per share. Please also double-check Bit Origin jensen alpha, which is currently at (0.27) to validate the company can sustain itself at a future point.

Bit Origin Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Bit
  
Bit Origin's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Bit Origin technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Bit Origin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bit Origin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Bit Origin Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Bit Origin volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bit Origin Trend Analysis

Use this graph to draw trend lines for Bit Origin. You can use it to identify possible trend reversals for Bit Origin as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Bit Origin price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Bit Origin Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bit Origin applied against its price change over selected period. The best fit line has a slop of   0.0098  , which may suggest that Bit Origin market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.64, which is the sum of squared deviations for the predicted Bit Origin price change compared to its average price change.

About Bit Origin Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Bit Origin on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Bit Origin based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bit Origin price pattern first instead of the macroeconomic environment surrounding Bit Origin. By analyzing Bit Origin's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Bit Origin's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Bit Origin specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Graham Number24.9224.3227.9740.73
Receivables Turnover0.043513.3712.0412.64

Bit Origin November 25, 2024 Technical Indicators

Most technical analysis of Bit help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Bit from various momentum indicators to cycle indicators. When you analyze Bit charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

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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