Bitfarms Downside Variance
| BITF Stock | | | 3.05 -0.14 -4.39% |
The Downside Variance profile for Bitfarms is based on historical price and volume observations. The
Equity Screeners framework provides wider technical analysis context. Bitfarms has a market cap of 1.84 B, operating margin of -28.77%. Review
Trending Equities for broader portfolio context. Tracking Bitfarms in a portfolio helps measure its contribution to overall performance. This view summarizes available data without implying outcomes. Broader economic conditions can influence Bitfarms's company valuation — related indicators include
signals in inflation.
Read more about Bitfarms Stock in our
How to Buy Bitfarms Stock guide. It covers account setup, order types, and timing considerations for Bitfarms. It serves as a practical starting point for Bitfarms Stock research.
Bitfarms has current Downside Variance of 30.16. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 30.16 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
Bitfarms lands at
#4 in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.15 in Maximum Drawdown for each unit of Downside Variance. The spread between Maximum Drawdown and Downside Variance for Bitfarms sits at
1.14 Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
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