Coinbase Global Stock Performance
| COIN Stock | USD 224.37 12.06 5.10% |
Coinbase Global holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.41, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Coinbase Global will likely underperform. Use Coinbase Global potential upside, and the relationship between the total risk alpha and kurtosis , to analyze future returns on Coinbase Global.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Coinbase Global are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating forward indicators, Coinbase Global displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.049 | Five Day Return 0.29 | Year To Date Return 43.09 | Ten Year Return (31.62) | All Time Return (31.62) |
1 | 3 Cryptos Primed to Follow Bitcoins Latest Surge | 04/03/2024 |
2 | Coinbase Global, Inc.s institutional investors lost 4.4 percent last week but have benefitted from longer-term gains | 04/08/2024 |
3 | Coinbases Stock Price Just Exploded. Time to Buy | 04/12/2024 |
4 | 1 Wall Street Analyst Thinks Coinbase Stock Is Going to 145. Is It a Sell | 04/16/2024 |
5 | Former SEC crypto leader spars with blockchain lawyers over her agencys controversial approach Its not going to back off | 04/17/2024 |
6 | Coinbase Announces Date of First Quarter 2024 Financial Results | 04/18/2024 |
7 | Nas Dropped Illmatic In 1994 30 Years, 17 Grammy Nods, And 44 Personal Investments Later, His 70M Fortune Proves Hes At The Top Of His Game | 04/19/2024 |
8 | Coinbase director Rajaram Gokul sells 246,827 in company stock | 04/22/2024 |
9 | RFK Jr.s US budget on blockchain plan will only work on the right blockchain | 04/24/2024 |
| Begin Period Cash Flow | 5.3 B |
Coinbase |
Coinbase Global Relative Risk vs. Return Landscape
If you would invest 12,520 in Coinbase Global on January 26, 2024 and sell it today you would earn a total of 9,917 from holding Coinbase Global or generate 79.21% return on investment over 90 days. Coinbase Global is currently generating 1.0998% in daily expected returns and assumes 5.6787% risk (volatility on return distribution) over the 90 days horizon. In different words, 50% of stocks are less volatile than Coinbase, and 79% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Coinbase Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coinbase Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Coinbase Global, and traders can use it to determine the average amount a Coinbase Global's 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 = 0.1937
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| Small Returns | COIN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.68 actual daily | 50 50% of assets are less volatile |
Expected Return
| 1.1 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.19 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.
Coinbase Global Fundamentals Growth
Coinbase Stock prices reflect investors' perceptions of the future prospects and financial health of Coinbase Global, and Coinbase Global 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 Coinbase Stock performance.
| Return On Equity | 0.0162 | ||||
| Return On Asset | -9.0E-4 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 52.28 B | ||||
| Shares Outstanding | 195.53 M | ||||
| Price To Earning | 4.53 X | ||||
| Price To Book | 9.48 X | ||||
| Price To Sales | 20.34 X | ||||
| Revenue | 3.11 B | ||||
| Gross Profit | 2.52 B | ||||
| EBITDA | 66.86 M | ||||
| Net Income | 94.75 M | ||||
| Cash And Equivalents | 5.01 B | ||||
| Cash Per Share | 22.07 X | ||||
| Total Debt | 3.06 B | ||||
| Debt To Equity | 0.65 % | ||||
| Current Ratio | 1.05 X | ||||
| Book Value Per Share | 25.95 X | ||||
| Cash Flow From Operations | 668.38 M | ||||
| Earnings Per Share | 0.36 X | ||||
| Market Capitalization | 53.91 B | ||||
| Total Asset | 206.98 B | ||||
| Retained Earnings | 1.82 B | ||||
| Working Capital | 5.75 B | ||||
| Current Asset | 498 K | ||||
| Current Liabilities | 3.49 M | ||||
About Coinbase Global Performance
To evaluate Coinbase Global Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Coinbase Global generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Coinbase Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Coinbase Global market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Coinbase's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 42.1 K | 44.2 K | |
| Return On Tangible Assets | 0.0005 | 0.0004 | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | 0.0005 | 0.0004 | |
| Return On Equity | 0.02 | 0.01 |
Things to note about Coinbase Global performance evaluation
Checking the ongoing alerts about Coinbase Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Coinbase Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Coinbase Global is way too risky over 90 days horizon | |
| Coinbase Global appears to be risky and price may revert if volatility continues | |
| Coinbase Global has a strong financial position based on the latest SEC filings | |
| Latest headline from coingeek.com: RFK Jr.s US budget on blockchain plan will only work on the right blockchain |
- Analyzing Coinbase Global's 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 Coinbase Global's stock is overvalued or undervalued compared to its peers.
- Examining Coinbase Global's 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 Coinbase Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Coinbase Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Coinbase Global's stock. These opinions can provide insight into Coinbase Global's potential for growth and whether the stock is currently undervalued or overvalued.
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.