Coinbase Global Stock Filter Stocks by Fundamentals
| COIN Stock | USD 213.78 5.05 2.31% |
Coinbase Global fundamentals help investors to digest information that contributes to Coinbase Global's financial success or failures. It also enables traders to predict the movement of Coinbase Stock. The fundamental analysis module provides a way to measure Coinbase Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Coinbase Global stock.
Coinbase | Shares Owned by Institutions |
Coinbase Global Institutional Holders
Institutional Holdings refers to the ownership stake in Coinbase Global that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Coinbase Global's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Coinbase Global's value.| Shares | Ah Equity Partners Lsv I, L.l.c. | 2023-09-30 | 2.3 M | Goldman Sachs Group Inc | 2023-12-31 | 2.2 M | Voloridge Investment Management, Llc | 2023-09-30 | 1.7 M | Two Sigma Advisers, Llc | 2023-12-31 | 1.4 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 1.3 M | Norges Bank | 2023-12-31 | 1.2 M | Sozo Ventures Gp Ii, L.p. | 2023-12-31 | 1.1 M | Citadel Advisors Llc | 2023-09-30 | 976.4 K | Northern Trust Corp | 2023-12-31 | 892.4 K | Vanguard Group Inc | 2023-12-31 | 14.3 M | Ark Investment Management Llc | 2023-12-31 | 8.6 M |
Coinbase Fundamentals
| Return On Equity | 0.0162 | |||
| Return On Asset | -9.0E-4 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 50.94 B | |||
| Shares Outstanding | 195.53 M | |||
| Shares Owned By Insiders | 5.00 % | |||
| Shares Owned By Institutions | 54.56 % | |||
| Number Of Shares Shorted | 11.63 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 | |||
| Short Ratio | 0.74 X | |||
| Earnings Per Share | 0.37 X | |||
| Price To Earnings To Growth | 1.53 X | |||
| Target Price | 224.45 | |||
| Number Of Employees | 3.42 K | |||
| Beta | 3.42 | |||
| Market Capitalization | 53.02 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 | |||
| Net Asset | 206.98 B |
About Coinbase Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Coinbase Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Coinbase Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Coinbase Global 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.
Pair Trading with Coinbase Global
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 Coinbase Global 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 Coinbase Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Coinbase Stock
| 0.74 | CME | CME Group Earnings Call This Week | PairCorr |
| 0.73 | ICE | Intercontinental Exchange Financial Report 2nd of May 2024 | PairCorr |
Moving against Coinbase Stock
| 0.8 | VALU | Value Line | PairCorr |
| 0.72 | SPGI | SP Global Earnings Call This Week | PairCorr |
| 0.62 | DHIL | Diamond Hill Investment | PairCorr |
| 0.58 | BY | Byline Bancorp Report 25th of April 2024 | PairCorr |
| 0.56 | AC | Associated Capital | PairCorr |
The ability to find closely correlated positions to Coinbase Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coinbase Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Coinbase Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Coinbase Global to buy it.
The correlation of Coinbase Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Coinbase Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coinbase Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Coinbase Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Coinbase Global Piotroski F Score and Coinbase Global Altman Z Score analysis. To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 0.37 | 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.