Bit Mining Stock Price History
| BTCM Stock | USD 3.45 0.75 27.78% |
Below is the normalized historical share price chart for BIT Mining extending back to November 22, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BIT Mining stands at 3.45, as last reported on the 24th of April, with the highest price reaching 3.85 and the lowest price hitting 2.41 during the day.
If you're considering investing in BIT Stock, it is important to understand the factors that can impact its price. BIT Mining appears to be dangerous, given 3 months investment horizon. BIT Mining secures Sharpe Ratio (or Efficiency) of 0.0273, which signifies that the company had a 0.0273% return per unit of volatility over the last 3 months. We have found twenty-three technical indicators for BIT Mining, which you can use to evaluate the volatility of the firm. Please makes use of BIT Mining's mean deviation of 4.17, and Risk Adjusted Performance of (0.02) to double-check if our risk estimates are consistent with your expectations.
At this time, BIT Mining's Common Stock Shares Outstanding is very stable compared to the past year. As of the 24th of April 2024, Other Stockholder Equity is likely to grow to about 733.3 M, while Common Stock Total Equity is likely to drop about 141.2 K. . At this time, BIT Mining's Price Book Value Ratio is very stable compared to the past year. As of the 24th of April 2024, Price To Book Ratio is likely to grow to 0.32, though Price Earnings Ratio is likely to grow to (0.08). BIT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of November 2013 | 200 Day MA 3.4053 | 50 Day MA 3.1396 | Beta 2.596 |
BIT |
Sharpe Ratio = 0.0273
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.82 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average BIT Mining is performing at about 2% 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 BIT Mining by adding it to a well-diversified portfolio.
Price Book 0.6763 | Enterprise Value Ebitda (2.43) | Price Sales 0.6188 | Shares Float 993.4 M | Earnings Share (1.00) |
BIT Mining Stock Price History Chart
There are several ways to analyze BIT Stock price data. The simplest method is using a basic BIT candlestick price chart, which shows BIT Mining price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | February 14, 2024 | 4.47 |
| Lowest Price | April 19, 2024 | 1.99 |
BIT Mining April 24, 2024 Stock Price Synopsis
Various analyses of BIT Mining's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell BIT Stock. It can be used to describe the percentage change in the price of BIT Mining from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of BIT Stock.| BIT Mining Price Rate Of Daily Change | 1.28 | |
| BIT Mining Price Action Indicator | 0.70 | |
| BIT Mining Accumulation Distribution | 294,816 | |
| BIT Mining Price Daily Balance Of Power | 0.52 |
BIT Mining April 24, 2024 Stock Price Analysis
BIT Stock Price History Data
The price series of BIT Mining for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 has a statistical range of 2.48 with a coefficient of variation of 19.75. The prices are distributed with arithmetic mean of 3.3. The median price for the last 90 days is 3.15. The company had 1:10 stock split on 23rd of December 2022.| Open | High | Low | Close | Volume | ||
| 04/23/2024 | 2.70 | 3.85 | 2.41 | 3.45 | 788,224 | |
| 04/22/2024 | 2.00 | 2.86 | 2.00 | 2.70 | 301,089 | |
| 04/19/2024 | 2.20 | 2.23 | 1.96 | 1.99 | 75,015 | |
| 04/18/2024 | 2.29 | 2.32 | 2.07 | 2.12 | 78,220 | |
| 04/17/2024 | 2.20 | 2.33 | 2.07 | 2.20 | 65,535 | |
| 04/16/2024 | 2.00 | 2.20 | 1.93 | 2.12 | 93,417 | |
| 04/15/2024 | 2.40 | 2.40 | 1.79 | 2.03 | 235,450 | |
| 04/12/2024 | 2.60 | 2.60 | 2.30 | 2.40 | 107,248 | |
| 04/11/2024 | 2.55 | 2.66 | 2.51 | 2.59 | 36,816 | |
| 04/10/2024 | 2.54 | 2.67 | 2.53 | 2.57 | 32,686 | |
| 04/09/2024 | 2.73 | 2.85 | 2.56 | 2.58 | 61,657 | |
| 04/08/2024 | 2.72 | 2.80 | 2.65 | 2.74 | 69,734 | |
| 04/05/2024 | 2.72 | 2.85 | 2.61 | 2.69 | 74,067 | |
| 04/04/2024 | 2.71 | 2.82 | 2.67 | 2.72 | 99,309 | |
| 04/03/2024 | 2.61 | 2.74 | 2.60 | 2.66 | 44,351 | |
| 04/02/2024 | 2.73 | 2.75 | 2.62 | 2.66 | 50,578 | |
| 04/01/2024 | 2.86 | 2.90 | 2.75 | 2.78 | 116,202 | |
| 03/28/2024 | 2.90 | 3.03 | 2.83 | 2.93 | 127,898 | |
| 03/27/2024 | 2.85 | 3.03 | 2.79 | 2.94 | 118,013 | |
| 03/26/2024 | 2.97 | 2.97 | 2.77 | 2.88 | 93,648 | |
| 03/25/2024 | 2.80 | 2.93 | 2.77 | 2.87 | 157,387 | |
| 03/22/2024 | 2.96 | 2.96 | 2.77 | 2.83 | 99,271 | |
| 03/21/2024 | 3.19 | 3.19 | 2.88 | 2.96 | 161,355 | |
| 03/20/2024 | 2.94 | 3.13 | 2.93 | 3.11 | 124,055 | |
| 03/19/2024 | 3.00 | 3.18 | 2.83 | 3.02 | 72,480 | |
| 03/18/2024 | 2.90 | 3.00 | 2.73 | 2.97 | 189,231 | |
| 03/15/2024 | 2.84 | 2.94 | 2.77 | 2.94 | 55,345 | |
| 03/14/2024 | 2.87 | 2.94 | 2.71 | 2.84 | 103,304 | |
| 03/13/2024 | 2.97 | 3.08 | 2.89 | 2.95 | 141,695 | |
| 03/12/2024 | 3.14 | 3.14 | 2.90 | 3.02 | 161,262 | |
| 03/11/2024 | 3.11 | 3.30 | 3.07 | 3.14 | 244,879 | |
| 03/08/2024 | 3.12 | 3.37 | 3.03 | 3.15 | 164,399 | |
| 03/07/2024 | 3.06 | 3.13 | 2.94 | 3.07 | 159,618 | |
| 03/06/2024 | 3.10 | 3.24 | 3.02 | 3.09 | 165,768 | |
| 03/05/2024 | 3.44 | 3.52 | 2.96 | 3.07 | 243,244 | |
| 03/04/2024 | 3.70 | 3.80 | 3.40 | 3.53 | 254,126 | |
| 03/01/2024 | 3.69 | 3.71 | 3.45 | 3.70 | 130,278 | |
| 02/29/2024 | 4.10 | 4.11 | 3.55 | 3.70 | 189,469 | |
| 02/28/2024 | 4.00 | 4.00 | 3.60 | 3.98 | 512,485 | |
| 02/27/2024 | 3.97 | 4.12 | 3.63 | 3.77 | 203,366 | |
| 02/26/2024 | 3.66 | 3.94 | 3.48 | 3.87 | 256,963 | |
| 02/23/2024 | 3.99 | 3.99 | 3.62 | 3.83 | 225,098 | |
| 02/22/2024 | 4.23 | 4.23 | 3.84 | 3.89 | 134,548 | |
| 02/21/2024 | 4.05 | 4.14 | 3.85 | 3.92 | 58,882 | |
| 02/20/2024 | 4.09 | 4.19 | 3.75 | 4.19 | 130,062 | |
| 02/16/2024 | 4.39 | 4.59 | 4.10 | 4.19 | 126,581 | |
| 02/15/2024 | 4.58 | 4.88 | 4.23 | 4.30 | 224,574 | |
| 02/14/2024 | 4.40 | 4.47 | 4.18 | 4.47 | 192,458 | |
| 02/13/2024 | 4.00 | 4.15 | 3.72 | 4.03 | 114,230 | |
| 02/12/2024 | 4.14 | 4.45 | 3.98 | 4.14 | 226,781 | |
| 02/09/2024 | 4.15 | 4.42 | 3.88 | 4.14 | 133,245 | |
| 02/08/2024 | 3.67 | 4.07 | 3.65 | 3.97 | 129,707 | |
| 02/07/2024 | 3.56 | 3.57 | 3.40 | 3.47 | 75,037 | |
| 02/06/2024 | 3.51 | 3.65 | 3.41 | 3.55 | 61,664 | |
| 02/05/2024 | 3.70 | 3.80 | 3.50 | 3.56 | 79,060 | |
| 02/02/2024 | 3.99 | 4.00 | 3.50 | 3.71 | 102,015 | |
| 02/01/2024 | 3.98 | 4.06 | 3.70 | 3.95 | 54,322 | |
| 01/31/2024 | 4.18 | 4.36 | 3.77 | 3.92 | 82,283 | |
| 01/30/2024 | 4.56 | 4.56 | 4.10 | 4.20 | 60,578 | |
| 01/29/2024 | 4.08 | 4.63 | 4.06 | 4.46 | 179,552 | |
| 01/26/2024 | 3.89 | 4.19 | 3.79 | 4.00 | 114,150 |
About BIT Mining Stock history
BIT Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BIT Mining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BIT Mining stock prices may prove useful in developing a viable investing in BIT Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10 M | 10.5 M | |
| Net Loss | -178.7 M | -187.7 M |
BIT Mining Quarterly Net Working Capital |
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BIT Mining Stock Technical Analysis
BIT Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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BIT Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BIT Mining's price direction in advance. Along with the technical and fundamental analysis of BIT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BIT to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | (0.08) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIT Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.Note that the BIT Mining information on this page should be used as a complementary analysis to other BIT Mining'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 the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for BIT Stock analysis
When running BIT Mining's price analysis, check to measure BIT Mining'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 BIT Mining is operating at the current time. Most of BIT Mining's value examination focuses on studying past and present price action to predict the probability of BIT Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIT Mining's price. Additionally, you may evaluate how the addition of BIT Mining to your portfolios can decrease your overall portfolio volatility.
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Is BIT Mining'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 BIT Mining. If investors know BIT 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 BIT Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.00) | Revenue Per Share 3.91 | Quarterly Revenue Growth (0.83) | Return On Assets (0.13) | Return On Equity (0.24) |
The market value of BIT Mining is measured differently than its book value, which is the value of BIT that is recorded on the company's balance sheet. Investors also form their own opinion of BIT Mining's value that differs from its market value or its book value, called intrinsic value, which is BIT Mining'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 BIT Mining's market value can be influenced by many factors that don't directly affect BIT Mining'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 BIT Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIT Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIT Mining'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.