Bitfarms Stock Price History
| BITF Stock | USD 1.82 0.02 1.11% |
Below is the normalized historical share price chart for Bitfarms extending back to August 16, 2019. 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 Bitfarms stands at 1.82, as last reported on the 3rd of May, with the highest price reaching 1.91 and the lowest price hitting 1.82 during the day.
If you're considering investing in Bitfarms Stock, it is important to understand the factors that can impact its price. Bitfarms secures Sharpe Ratio (or Efficiency) of -0.0159, which signifies that the company had a -0.0159% return per unit of risk over the last 3 months. Bitfarms exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bitfarms' Mean Deviation of 4.38, risk adjusted performance of (0.01), and Standard Deviation of 5.89 to double-check the risk estimate we provide.
At this time, Bitfarms' Capital Stock is most likely to increase significantly in the upcoming years. The Bitfarms' current Stock Based Compensation is estimated to increase to about 14.6 M, while Common Stock Shares Outstanding is projected to decrease to roughly 142.9 M. . At this time, Bitfarms' Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years. The Bitfarms' current Price To Operating Cash Flows Ratio is estimated to increase to 33.34, while Price Earnings Ratio is forecasted to increase to (6.84). Bitfarms Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of August 2018 | 200 Day MA 1.895 | 50 Day MA 2.287 | Beta 3.289 |
Bitfarms |
Sharpe Ratio = -0.0159
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BITF |
Estimated Market Risk
| 5.99 actual daily | 53 53% of assets are less volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bitfarms is not performing at its full potential. However, 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 Bitfarms by adding Bitfarms to a well-diversified portfolio.
Price Book 2.0519 | Enterprise Value Ebitda (66.20) | Price Sales 4.153 | Shares Float 324.2 M | Wall Street Target Price 4.75 |
Bitfarms Stock Price History Chart
There are several ways to analyze Bitfarms Stock price data. The simplest method is using a basic Bitfarms candlestick price chart, which shows Bitfarms 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 16, 2024 | 3.61 |
| Lowest Price | April 16, 2024 | 1.71 |
Bitfarms May 3, 2024 Stock Price Synopsis
Various analyses of Bitfarms' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Bitfarms Stock. It can be used to describe the percentage change in the price of Bitfarms from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Bitfarms Stock.| Bitfarms Price Rate Of Daily Change | 1.01 | |
| Bitfarms Accumulation Distribution | 425,769 | |
| Bitfarms Price Action Indicator | (0.03) | |
| Bitfarms Price Daily Balance Of Power | 0.22 |
Bitfarms May 3, 2024 Stock Price Analysis
Bitfarms Stock Price History Data
The price series of Bitfarms for the period between Sat, Feb 3, 2024 and Fri, May 3, 2024 has a statistical range of 1.9 with a coefficient of variation of 21.34. The prices are distributed with arithmetic mean of 2.4. The median price for the last 90 days is 2.27.| Open | High | Low | Close | Volume | ||
| 05/03/2024 | 1.80 | 1.91 | 1.82 | 1.82 | 9,035,765 | |
| 05/02/2024 | 1.83 | 1.85 | 1.76 | 1.80 | 11,769,453 | |
| 05/01/2024 | 1.76 | 1.86 | 1.71 | 1.78 | 13,958,581 | |
| 04/30/2024 | 1.84 | 1.87 | 1.76 | 1.79 | 21,394,349 | |
| 04/29/2024 | 1.92 | 1.97 | 1.87 | 1.89 | 10,715,964 | |
| 04/26/2024 | 1.97 | 2.04 | 1.94 | 1.96 | 9,032,709 | |
| 04/25/2024 | 1.95 | 2.04 | 1.91 | 2.01 | 11,747,120 | |
| 04/24/2024 | 2.11 | 2.12 | 2.00 | 2.06 | 18,113,971 | |
| 04/23/2024 | 2.03 | 2.14 | 2.02 | 2.11 | 18,294,363 | |
| 04/22/2024 | 1.97 | 2.08 | 1.88 | 2.05 | 28,153,928 | |
| 04/19/2024 | 1.95 | 1.97 | 1.86 | 1.92 | 28,501,057 | |
| 04/18/2024 | 1.84 | 1.97 | 1.79 | 1.89 | 26,708,297 | |
| 04/17/2024 | 1.75 | 1.83 | 1.70 | 1.79 | 20,320,551 | |
| 04/16/2024 | 1.69 | 1.75 | 1.66 | 1.71 | 19,861,560 | |
| 04/15/2024 | 1.78 | 1.85 | 1.73 | 1.73 | 13,235,096 | |
| 04/12/2024 | 1.87 | 1.89 | 1.79 | 1.81 | 13,012,343 | |
| 04/11/2024 | 1.97 | 1.98 | 1.85 | 1.91 | 13,330,889 | |
| 04/10/2024 | 1.91 | 2.01 | 1.89 | 1.93 | 11,994,502 | |
| 04/09/2024 | 2.02 | 2.04 | 1.94 | 1.97 | 13,789,930 | |
| 04/08/2024 | 2.18 | 2.21 | 2.02 | 2.03 | 17,653,618 | |
| 04/05/2024 | 2.13 | 2.19 | 2.06 | 2.08 | 15,557,582 | |
| 04/04/2024 | 2.26 | 2.33 | 2.16 | 2.17 | 16,660,461 | |
| 04/03/2024 | 2.19 | 2.26 | 2.16 | 2.22 | 15,467,630 | |
| 04/02/2024 | 2.19 | 2.20 | 2.10 | 2.18 | 23,247,975 | |
| 04/01/2024 | 2.28 | 2.34 | 2.21 | 2.27 | 24,963,420 | |
| 03/28/2024 | 2.17 | 2.42 | 2.14 | 2.23 | 38,255,704 | |
| 03/27/2024 | 2.22 | 2.24 | 2.05 | 2.16 | 27,312,524 | |
| 03/26/2024 | 2.30 | 2.31 | 2.16 | 2.18 | 26,022,464 | |
| 03/25/2024 | 2.30 | 2.44 | 2.24 | 2.29 | 41,502,936 | |
| 03/22/2024 | 2.41 | 2.41 | 2.29 | 2.31 | 20,721,988 | |
| 03/21/2024 | 2.53 | 2.56 | 2.40 | 2.40 | 27,275,398 | |
| 03/20/2024 | 2.24 | 2.50 | 2.23 | 2.49 | 26,143,371 | |
| 03/19/2024 | 2.14 | 2.28 | 2.11 | 2.24 | 22,858,493 | |
| 03/18/2024 | 2.25 | 2.32 | 2.20 | 2.23 | 16,690,321 | |
| 03/15/2024 | 2.16 | 2.32 | 2.11 | 2.26 | 26,401,533 | |
| 03/14/2024 | 2.32 | 2.33 | 2.17 | 2.21 | 20,267,391 | |
| 03/13/2024 | 2.32 | 2.43 | 2.27 | 2.36 | 19,524,172 | |
| 03/12/2024 | 2.39 | 2.40 | 2.25 | 2.34 | 18,483,630 | |
| 03/11/2024 | 2.66 | 2.67 | 2.37 | 2.39 | 30,031,437 | |
| 03/08/2024 | 2.54 | 2.86 | 2.52 | 2.67 | 24,618,206 | |
| 03/07/2024 | 2.56 | 2.59 | 2.37 | 2.51 | 23,440,907 | |
| 03/06/2024 | 2.57 | 2.70 | 2.42 | 2.64 | 32,505,038 | |
| 03/05/2024 | 2.57 | 2.66 | 2.44 | 2.49 | 22,073,950 | |
| 03/04/2024 | 3.00 | 3.03 | 2.57 | 2.63 | 40,247,797 | |
| 03/01/2024 | 2.90 | 2.93 | 2.76 | 2.93 | 17,828,683 | |
| 02/29/2024 | 3.30 | 3.30 | 2.75 | 2.85 | 39,101,510 | |
| 02/28/2024 | 3.76 | 3.78 | 3.13 | 3.16 | 56,751,589 | |
| 02/27/2024 | 3.88 | 3.91 | 3.49 | 3.54 | 43,161,487 | |
| 02/26/2024 | 3.06 | 3.69 | 3.04 | 3.60 | 49,376,923 | |
| 02/23/2024 | 3.12 | 3.17 | 2.97 | 3.02 | 20,469,354 | |
| 02/22/2024 | 3.21 | 3.33 | 3.15 | 3.19 | 23,344,597 | |
| 02/21/2024 | 3.23 | 3.30 | 3.15 | 3.15 | 29,449,495 | |
| 02/20/2024 | 3.65 | 3.72 | 3.26 | 3.46 | 29,420,257 | |
| 02/16/2024 | 3.53 | 3.68 | 3.37 | 3.61 | 33,221,374 | |
| 02/15/2024 | 3.61 | 3.65 | 3.33 | 3.48 | 37,760,879 | |
| 02/14/2024 | 3.36 | 3.50 | 3.24 | 3.49 | 34,857,137 | |
| 02/13/2024 | 2.77 | 3.09 | 2.74 | 3.01 | 22,017,588 | |
| 02/12/2024 | 2.75 | 3.16 | 2.75 | 3.07 | 40,607,719 | |
| 02/09/2024 | 2.70 | 2.77 | 2.52 | 2.72 | 40,625,118 | |
| 02/08/2024 | 2.41 | 2.56 | 2.38 | 2.52 | 25,265,046 | |
| 02/07/2024 | 2.24 | 2.29 | 2.11 | 2.28 | 18,863,152 |
About Bitfarms Stock history
Bitfarms 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 Bitfarms is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bitfarms 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 Bitfarms stock prices may prove useful in developing a viable investing in Bitfarms
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 262.2 M | 142.9 M | |
| Net Loss | -215.1 M | -204.4 M |
Bitfarms Stock Technical Analysis
Bitfarms 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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Bitfarms Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bitfarms' price direction in advance. Along with the technical and fundamental analysis of Bitfarms Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bitfarms 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 | (0.01) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.63) | |||
| 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 Bitfarms. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.