BITFARMS Return On Equity

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.

BITFARMS Return On Equity 

 
Refresh

BITFARMS Return On Equity Analysis

BITFARMS's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Return on Equity 
 = 
Net Income 
Total Equity 
X
100 
More About Return On Equity | All Equity Analysis

Current BITFARMS Return On Equity

    
  (25.44) %  
Most of BITFARMS's fundamental indicators, such as Return On Equity, 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.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Compare to competition

Based on the latest financial disclosure, BITFARMS LTD has a Return On Equity of -25.44%. This is 1854.48% lower than that of the Financial Services sector and notably lower than that of the Capital Markets industry. The return on equity for all United States stocks is notably higher than that of the company.

BITFARMS Return On Equity 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 Return On Equity 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 return on equity 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?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

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
Run Pair Correlation  
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 CEO Directory module to screen CEOs from public companies around the world.

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.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go