BITFARMS Stock Today

BITFARMS LTD is currently unavailable and cannot be used in your analysis. The information on this page reflects the last day BITFARMS was actively traded.
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BITFARMS Stock Profile

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. more on BITFARMS
BITFARMS LTD is now traded under the symbol BITF. Please update your portfolios or report it if you believe this is an error. Report It!
Legal NameBITFARMS LTD
New SymbolBITF
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of BITFARMS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
BITFARMS LTD (BFARF) is traded on PNK Exchange in USA and employs 65 people. The company currently falls under 'Small-Cap' category with current market capitalization of 622.31 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BITFARMS's market, we take the total number of its shares issued and multiply it by BITFARMS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. BITFARMS LTD classifies itself under Financial Services sector and is part of Capital Markets industry. The entity has 145.02 M outstanding shares. BITFARMS LTD has accumulated about 53.03 M in cash with (2.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
Check BITFARMS Probability Of Bankruptcy

BITFARMS Stock Price Odds Analysis

What are BITFARMS's target price odds to finish over the current price? Based on a normal probability distribution, the odds of BITFARMS jumping above the current price in 90 days from now is roughly 2.83%. The BITFARMS LTD probability density function shows the probability of BITFARMS stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon BITFARMS LTD has a beta of -0.32 suggesting as returns on benchmark increase, returns on holding BITFARMS are expected to decrease at a much lower rate. During the bear market, however, BITFARMS LTD is likely to outperform the market. Moreover, the company has an alpha of 1.1717, implying that it can generate a 1.17 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 5.79HorizonTargetOdds Up 5.79 
97.16%90 days
 5.79 
2.83%
Based on a normal probability distribution, the odds of BITFARMS to move above the current price in 90 days from now is roughly 2.83 (This BITFARMS LTD probability density function shows the probability of BITFARMS Stock to fall within a particular range of prices over 90 days) .

BITFARMS LTD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. BITFARMS market risk premium is the additional return an investor will receive from holding BITFARMS long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BITFARMS. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although BITFARMS's alpha and beta are two of the key measurements used to evaluate BITFARMS's performance over the market, the standard measures of volatility play an important role as well.

BITFARMS Stock Against Markets

Picking the right benchmark for BITFARMS stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BITFARMS stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BITFARMS is critical whether you are bullish or bearish towards BITFARMS LTD at a given time.

Delisting Warning - BFARF

BITFARMS LTD was delisted

  The entity BITFARMS LTD with a symbol BFARF was delisted from PNK Exchange. Please use Bitfarms with a symbol BITF from now on.
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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.
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