Coinbase Global Stock Filter Stocks by Fundamentals

COIN Stock  USD 265.12  8.42  3.28%   
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.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Coinbase Cash Flow from Operations Analysis

 2021 2022 2023 2024 (projected)
Gross Profit6.6B2.6B2.7B3.0B
Total Revenue7.8B3.2B3.1B3.5B
More About Cash Flow from Operations | All Equity Analysis

Coinbase Cash Flow from Operations Driver Correlations

Understanding the fundamental principles of building solid financial models for Coinbase Global is extremely important. It helps to project a fair market value of Coinbase Stock properly, considering its historical fundamentals such as Cash Flow from Operations. Since Coinbase Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Coinbase Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Coinbase Global's interrelated accounts and indicators.
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In accordance with the recently published financial statements, Coinbase Global has 0.0null in Cash Flow from Operations. This indicator is about the same for the Capital Markets average (which is currently at 0.0) sector and about the same as Cash Flow from Operations (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

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Coinbase Fundamentals

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.
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware. Coinbase Global operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 3730 people.

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

  0.9MORN MorningstarPairCorr
  0.68NDAQ Nasdaq Inc Financial Report 17th of April 2024 PairCorr
  0.78CME CME Group Sell-off TrendPairCorr

Moving against Coinbase Stock

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  0.71SPGI SP Global Financial Report 25th of April 2024 PairCorr
  0.63VALU Value LinePairCorr
  0.59MCBC Macatawa Bank Fiscal Quarter End 31st of March 2024 PairCorr
  0.54DHIL Diamond Hill InvestmentPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Coinbase Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coinbase Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coinbase Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coinbase Global Stock:
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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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.