Coinbase Global Stock Price on May 10, 2022
| COIN Stock | USD 236.43 10.57 4.68% |
If you're considering investing in Coinbase Stock, it is important to understand the factors that can impact its price. As of today, the current price of Coinbase Global stands at 236.43, as last reported on the 23rd of April, with the highest price reaching 238.67 and the lowest price hitting 223.61 during the day. Coinbase Global is very steady given 3 months investment horizon. Coinbase Global secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Coinbase Global Mean Deviation of 4.3, downside deviation of 4.45, and Risk Adjusted Performance of 0.127 to evaluate company specific risk that cannot be diversified away.
At this time, Coinbase Global's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 23rd of April 2024, Other Stockholder Equity is likely to grow to about 4.7 B, while Total Stockholder Equity is likely to drop about 4.4 B. . At this time, Coinbase Global's Price Earnings Ratio is very stable compared to the past year. As of the 23rd of April 2024, Price To Operating Cash Flows Ratio is likely to grow to 64.42, while Price To Sales Ratio is likely to drop 12.53. Coinbase Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Coinbase |
Sharpe Ratio = 0.2046
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.57 actual daily | 49 51% of assets are more volatile |
Expected Return
| 1.14 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Coinbase Global is performing at about 15% 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 Coinbase Global by adding it to a well-diversified portfolio.
Price Book 9.4783 | Enterprise Value Ebitda 390.3356 | Price Sales 20.3444 | Shares Float 189.1 M | Wall Street Target Price 224.45 |
Coinbase Global Valuation on May 10, 2022
It is possible to determine the worth of Coinbase Global on a given historical date. On May 10, 2022 Coinbase was worth 87.0 at the beginning of the trading date compared to the closed value of 72.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coinbase Global stock. Still, in general, we apply an absolute valuation method to find Coinbase Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Coinbase Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coinbase Global's related companies.
| Open | High | Low | Close | Volume | |
| 96.00 | 96.43 | 81.78 | 83.51 | 16,845,410 | |
05/10/2022 | 87.00 | 89.38 | 70.19 | 72.99 | 31,780,039 |
| 54.85 | 61.28 | 50.15 | 53.72 | 67,080,210 |
| Backtest Coinbase Global | | | Coinbase Global History | | | Coinbase Global Valuation | Previous | Next |
Coinbase Global Trading Date Momentum on May 10, 2022
| On May 11 2022 Coinbase Global was traded for 53.72 at the closing time. The top price for the day was 61.28 and the lowest listed price was 50.15 . The trading volume for the day was 67.1 M. The trading history from May 11, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 26.40% . The overall trading delta against the current closing price is 4.96% . |
Coinbase Global Fundamentals Correlations and Trends
By evaluating Coinbase Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Coinbase Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Coinbase financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Coinbase Global Stock history
Coinbase Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Coinbase is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Coinbase Global will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Coinbase Global stock prices may prove useful in developing a viable investing in Coinbase Global
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 254.4 M | 240.3 M | |
| Net Loss | -2.4 B | -2.2 B |
Coinbase Global Quarterly Net Working Capital |
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Coinbase Global Stock Technical Analysis
Coinbase Global 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.
Price Boundaries
Coinbase Global Period Price Range
Low | May 10, 2022
| High |
87.00 | 72.99 |
Coinbase Global April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Coinbase Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Coinbase Global shares will generate the highest return on investment. By undertsting and applying Coinbase Global stock market strength indicators, traders can identify Coinbase Global entry and exit signals to maximize returns
| Accumulation Distribution | 6.8 M | |||
| Daily Balance Of Power | (0.73) | |||
| Rate Of Daily Change | 0.84 | |||
| Day Median Price | 79.79 | |||
| Day Typical Price | 77.52 | |||
| Price Action Indicator | (13.80) | |||
| Period Momentum Indicator | 163.44 |
Coinbase Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Coinbase Global's price direction in advance. Along with the technical and fundamental analysis of Coinbase Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Coinbase to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.127 | |||
| Jensen Alpha | 0.7826 | |||
| Total Risk Alpha | 0.3366 | |||
| Sortino Ratio | 0.2167 | |||
| Treynor Ratio | 0.3178 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coinbase Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Coinbase Stock analysis
When running Coinbase Global's price analysis, check to measure Coinbase Global'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 Coinbase Global is operating at the current time. Most of Coinbase Global's value examination focuses on studying past and present price action to predict the probability of Coinbase Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coinbase Global's price. Additionally, you may evaluate how the addition of Coinbase Global to your portfolios can decrease your overall portfolio volatility.
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Is Coinbase Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coinbase Global. If investors know Coinbase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coinbase Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.27 | Earnings Share 0.36 | Revenue Per Share 12.411 | Quarterly Revenue Growth 0.494 | Return On Assets (0.0009) |
The market value of Coinbase Global is measured differently than its book value, which is the value of Coinbase that is recorded on the company's balance sheet. Investors also form their own opinion of Coinbase Global's value that differs from its market value or its book value, called intrinsic value, which is Coinbase Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coinbase Global's market value can be influenced by many factors that don't directly affect Coinbase Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coinbase Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coinbase Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coinbase Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.