BITFARMS Fundamentals

BFARF -  USA Stock  

USD 5.79  0.24  4.32%

BITFARMS LTD fundamentals help investors to digest information that contributes to BITFARMS's financial success or failures. It also enables traders to predict the movement of BITFARMS Stock. This fundamental analysis module provides a way for investors to measures BITFARMS's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BITFARMS stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

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BITFARMS Shares Outstanding Analysis

BITFARMS's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Shares Outstanding 
 = 
Public Shares 
Repurchased 
More About Shares Outstanding | All Equity Analysis

Current BITFARMS Shares Outstanding

    
  145.02 M  
Most of BITFARMS's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BITFARMS LTD is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Compare to competition

Based on the latest financial disclosure, BITFARMS LTD has 145.02 M of shares currently outstending. This is 92.1% lower than that of the Financial Services sector and 63.65% lower than that of the Capital Markets industry. The shares outstanding for all United States stocks is 74.64% higher than that of the company.

BITFARMS LTD Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining BITFARMS's current stock value. Our valuation model uses many indicators to compare BITFARMS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BITFARMS competition to find correlations between indicators driving BITFARMS's intrinsic value. More Info.
BITFARMS LTD is rated below average in shares outstanding category among related companies. It is rated below average in cash flow from operations category among related companies .

BITFARMS EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BITFARMS's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BITFARMS could also be used in its relative valuation, which is a method of valuing BITFARMS by comparing valuation metrics of similar companies.
BITFARMS is currently under evaluation in ebitda category among related companies.

BITFARMS Fundamentals

About BITFARMS Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze BITFARMS LTD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BITFARMS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BITFARMS LTD based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company was founded in 2017 and is headquartered in Toronto, Canada. Bitfarms operates under Capital Markets classification in the United States and is traded on OTC Exchange.

BITFARMS Investors Sentiment

The influence of BITFARMS's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BITFARMS. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - BFARF

BITFARMS LTD Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in BITFARMS LTD. What is your opinion about investing in BITFARMS LTD? Are you bullish or bearish?
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Pair Trading with BITFARMS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BITFARMS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BITFARMS will appreciate offsetting losses from the drop in the long position's value.

BITFARMS Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for BITFARMS and Morgan Stanley. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Trending Equities. Note that the BITFARMS LTD information on this page should be used as a complementary analysis to other BITFARMS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Other Tools for BITFARMS Stock

When running BITFARMS LTD price analysis, check to measure BITFARMS'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 BITFARMS is operating at the current time. Most of BITFARMS's value examination focuses on studying past and present price action to predict the probability of BITFARMS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BITFARMS's price. Additionally, you may evaluate how the addition of BITFARMS to your portfolios can decrease your overall portfolio volatility.
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