Bitfarms Stock Price Prediction
BITF Stock | USD 2.06 0.05 2.37% |
Oversold Vs Overbought
34
Oversold | Overbought |
Bitfarms stock price prediction is an act of determining the future value of Bitfarms shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Bitfarms' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Bitfarms and does not consider all of the tangible or intangible factors available from Bitfarms' fundamental data. We analyze noise-free headlines and recent hype associated with Bitfarms, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Bitfarms' stock price prediction:EPS Estimate Next Quarter (0.01) | EPS Estimate Current Year (0.12) | EPS Estimate Next Year 0.57 | Wall Street Target Price 4.75 | EPS Estimate Current Quarter (0.03) |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Bitfarms based on different types of headlines from major news networks to social media. The Bitfarms stock price prediction module provides an analysis of price elasticity to changes in media outlook on Bitfarms over a specific investment horizon. Using Bitfarms hype-based prediction, you can estimate the value of Bitfarms from the perspective of Bitfarms response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Bitfarms using Bitfarms' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Bitfarms using crowd psychology based on the activity and movement of Bitfarms' stock price.
Bitfarms Short Interest
A significant increase or decrease in Bitfarms' short interest from the previous month could be a good indicator of investor sentiment towards Bitfarms. Short interest can provide insight into the potential direction of Bitfarms stock and how bullish or bearish investors feel about the market overall. An investor who is long Bitfarms may also wish to track short interest. As short interest increases, investors should be becoming more worried about Bitfarms and may potentially protect profits, hedge Bitfarms with its derivative instruments, or be ready for some potential downside.
200 Day MA 1.8948 | Short Percent 0.0863 | Short Ratio 0.96 | Shares Short Prior Month 26.8 M | 50 Day MA 2.4867 |
Bitfarms Hype to Price Pattern
Investor biases related to Bitfarms' public news can be used to forecast risks associated with an investment in Bitfarms. The trend in average sentiment can be used to explain how an investor holding Bitfarms can time the market purely based on public headlines and social activities around Bitfarms. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Bitfarms' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Bitfarms.
Bitfarms Implied Volatility | 236.64 |
Bitfarms' implied volatility exposes the market's sentiment of Bitfarms stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bitfarms' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Bitfarms stock will not fluctuate a lot when Bitfarms' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Bitfarms. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Bitfarms to buy its stock at a price that has no basis in reality. In that case, they are not buying Bitfarms because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Bitfarms after-hype prediction price | USD 2.11 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Bitfarms |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bitfarms' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bitfarms After-Hype Price Prediction Density Analysis
As far as predicting the price of Bitfarms at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Bitfarms or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Bitfarms, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Bitfarms Estimiated After-Hype Price Volatility
In the context of predicting Bitfarms' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bitfarms' historical news coverage. Bitfarms' after-hype downside and upside margins for the prediction period are 0.11 and 8.30, respectively. We have considered Bitfarms' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Bitfarms is dangerous at this time. Analysis and calculation of next after-hype price of Bitfarms is based on 3 months time horizon.
Bitfarms Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Bitfarms is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bitfarms backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Bitfarms, there might be something going there, and it might present an excellent short sale opportunity.
Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.18 | 6.20 | 0.00 | 0.04 | 10 Events / Month | 4 Events / Month | In about 10 days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2.06 | 2.11 | 0.00 |
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Bitfarms Hype Timeline
Bitfarms is currently traded for 2.06. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.04. Bitfarms is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.18%. %. The volatility of related hype on Bitfarms is about 2559.63%, with the expected price after the next announcement by competition of 2.10. About 20.0% of the company shares are held by institutions such as insurance companies. The book value of Bitfarms was currently reported as 0.88. The company recorded a loss per share of 0.4. Bitfarms had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in about 10 days. Check out Bitfarms Basic Forecasting Models to cross-verify your projections.Bitfarms Related Hype Analysis
Having access to credible news sources related to Bitfarms' direct competition is more important than ever and may enhance your ability to predict Bitfarms' future price movements. Getting to know how Bitfarms' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Bitfarms may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
SRL | Scully Royalty | 0.17 | 2 per month | 0.00 | (0.15) | 2.77 | (4.14) | 12.30 | |
MFH | Mercurity Fintech Holding | 0.06 | 3 per month | 7.29 | 0.02 | 17.07 | (11.80) | 55.84 | |
OPY | Oppenheimer Holdings | (0.40) | 7 per month | 1.40 | (0.06) | 2.58 | (2.51) | 6.33 | |
PWP | Perella Weinberg Partners | 0.05 | 8 per month | 1.46 | 0.19 | 4.12 | (3.85) | 16.79 | |
SF-PC | Stifel Financial Corp | 0.00 | 0 per month | 0.00 | (0.14) | 1.43 | (1.22) | 4.21 | |
PIPR | Piper Sandler Companies | 0.92 | 12 per month | 1.58 | 0.08 | 2.68 | (2.52) | 12.35 | |
SF-PB | Stifel Financial Corp | 0.00 | 0 per month | 0.66 | (0.11) | 1.25 | (1.11) | 3.76 | |
HLI | Houlihan Lokey | 0.85 | 7 per month | 1.10 | 0.03 | 2.56 | (1.69) | 6.54 | |
PJT | PJT Partners | 0.53 | 10 per month | 0.00 | (0.07) | 2.42 | (2.55) | 6.64 |
Bitfarms Additional Predictive Modules
Most predictive techniques to examine Bitfarms price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bitfarms using various technical indicators. When you analyze Bitfarms charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Bitfarms Predictive Indicators
The successful prediction of Bitfarms stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Bitfarms, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Bitfarms based on analysis of Bitfarms hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Bitfarms's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Bitfarms's related companies. 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 5.91 | 10.23 | 18.93 | 9.76 | Days Of Inventory On Hand | 3.43 | 1.63 | 1.5 | 2.21 |
Story Coverage note for Bitfarms
The number of cover stories for Bitfarms depends on current market conditions and Bitfarms' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bitfarms is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Bitfarms' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Bitfarms Short Properties
Bitfarms' future price predictability will typically decrease when Bitfarms' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bitfarms often depends not only on the future outlook of the potential Bitfarms' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bitfarms' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 262.2 M | |
Cash And Short Term Investments | 117.4 M |
Check out Bitfarms Basic Forecasting Models to cross-verify your projections. For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Bitfarms Stock analysis
When running Bitfarms' price analysis, check to measure Bitfarms' 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' value examination focuses on studying past and present price action to predict the probability of Bitfarms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitfarms' price. Additionally, you may evaluate how the addition of Bitfarms to your portfolios can decrease your overall portfolio volatility.
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Is Bitfarms' 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 Bitfarms. If investors know Bitfarms 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 Bitfarms listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.40) | Revenue Per Share 0.558 | Quarterly Revenue Growth 0.71 | Return On Assets (0.11) | Return On Equity (0.38) |
The market value of Bitfarms is measured differently than its book value, which is the value of Bitfarms that is recorded on the company's balance sheet. Investors also form their own opinion of Bitfarms' value that differs from its market value or its book value, called intrinsic value, which is Bitfarms' 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 Bitfarms' market value can be influenced by many factors that don't directly affect Bitfarms' 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 Bitfarms' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitfarms is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitfarms' 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.