Bit Origin Profitability Analysis
Can Packaged Foods & Meats industry sustain growth momentum? Does Bit have expansion opportunities? Factors like these will boost the valuation of Bit Origin. Projected growth potential of Bit fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Bit Origin demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share (16.80) | Revenue Per Share | Quarterly Revenue Growth (1.00) | Return On Assets | Return On Equity |
Investors evaluate Bit Origin using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Bit Origin's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Bit Origin's market price to deviate significantly from intrinsic value.
It's important to distinguish between Bit Origin's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Bit Origin should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Bit Origin's market price signifies the transaction level at which participants voluntarily complete trades.
Bit Origin Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bit Origin's current stock value. Our valuation model uses many indicators to compare Bit Origin value to that of its competitors to determine the firm's financial worth. Bit Origin is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Bit Origin's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Bit Origin by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Bit Return On Asset vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Bit Origin |
| = | -3.2 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Bit Origin |
| = | -0.37 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Bit Return On Asset Comparison
Bit Origin is currently under evaluation in return on asset category among its peers.
Bit Origin Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bit Origin, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bit Origin will eventually generate negative long term returns. The profitability progress is the general direction of Bit Origin's change in net profit over the period of time. It can combine multiple indicators of Bit Origin, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -2.7 M | -2.8 M | |
| Income Before Tax | -3.9 M | -4.1 M | |
| Total Other Income Expense Net | -1.2 M | -1.3 M | |
| Net Loss | -5.9 M | -6.2 M | |
| Income Tax Expense | 204.6 K | 214.9 K | |
| Net Interest Income | -1.9 M | -1.9 M | |
| Interest Income | 1 K | 952 | |
| Net Loss | -16.5 M | -15.6 M | |
| Net Income Applicable To Common Shares | 2.9 M | 3.1 M | |
| Change To Netincome | 2.7 M | 2.6 M | |
| Net Loss | (19.51) | (20.49) | |
| Income Quality | 0.32 | 0.46 | |
| Net Income Per E B T | 1.35 | 1.70 |
Bit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bit Origin. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Bit Origin position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Bit Origin's important profitability drivers and their relationship over time.
Bit Origin Profitability Trends
Bit Origin profitability trend refers to the progression of profit or loss within a business. An upward trend means that Bit Origin's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Bit Origin's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.
Bit Origin Profitability Drivers Correlations
One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Bit Origin different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Bit Origin in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Bit Origin's future profitability.
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Bit Origin Earnings per Share Projection vs Actual
Use Bit Origin in pair-trading
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 Bit Origin 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 Bit Origin will appreciate offsetting losses from the drop in the long position's value.Bit Origin Pair Trading
Bit Origin Pair Trading Analysis
The ability to find closely correlated positions to Bit Origin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bit Origin 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 Bit Origin - 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 Bit Origin to buy it.
The correlation of Bit Origin 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 Bit Origin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bit Origin 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 Bit Origin 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.Use Investing Themes to Complement your Bit Origin position
In addition to having Bit Origin in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Trending Equities. For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
To fully project Bit Origin's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bit Origin at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Bit Origin's income statement, its balance sheet, and the statement of cash flows.