Bitfarms Performance

The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Bitfarms are completely uncorrelated.

Risk-Adjusted Performance

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Over the last 90 days Bitfarms has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Bitfarms is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Quick Ratio5.42
Fifty Two Week Low0.2135
Fifty Two Week High10.0000
  

Bitfarms Relative Risk vs. Return Landscape

If you would invest  0.00  in Bitfarms on January 24, 2024 and sell it today you would earn a total of  0.00  from holding Bitfarms or generate 0.0% return on investment over 90 days. Bitfarms is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Bitfarms, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Bitfarms Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitfarms' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Bitfarms, and traders can use it to determine the average amount a Bitfarms' 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 = 0.0

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Based on monthly moving average Bitfarms 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 Bitfarms by adding Bitfarms to a well-diversified portfolio.

Bitfarms Fundamentals Growth

Bitfarms Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Bitfarms, and Bitfarms 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 Bitfarms Pink Sheet performance.

Things to note about Bitfarms performance evaluation

Checking the ongoing alerts about Bitfarms for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Bitfarms help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Bitfarms is not yet fully synchronised with the market data
Bitfarms has some characteristics of a very speculative penny stock
Bitfarms has a very high chance of going through financial distress in the upcoming years
The company reported the revenue of 53.92 M. Net Loss for the year was (21.47 M) with profit before overhead, payroll, taxes, and interest of 2.87 M.
Bitfarms has accumulated about 53.03 M in cash with (2.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
Roughly 25.0% of the company shares are held by company insiders
Evaluating Bitfarms' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Bitfarms' pink sheet performance include:
  • Analyzing Bitfarms' 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 Bitfarms' stock is overvalued or undervalued compared to its peers.
  • Examining Bitfarms' 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 Bitfarms' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bitfarms' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Bitfarms' pink sheet. These opinions can provide insight into Bitfarms' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Bitfarms' pink sheet performance is not an exact science, and many factors can impact Bitfarms' pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Other Consideration for investing in Bitfarms Pink Sheet

If you are still planning to invest in Bitfarms check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bitfarms' history and understand the potential risks before investing.
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