Btcs Inc Stock Price on May 10, 2024
| BTCS Stock | USD 1.67 0.01 0.60% |
If you're considering investing in BTCS Stock, it is important to understand the factors that can impact its price. As of today, the current price of BTCS stands at 1.67, as last reported on the 23rd of May, with the highest price reaching 1.77 and the lowest price hitting 1.63 during the day. BTCS appears to be extremely dangerous, given 3 months investment horizon. BTCS Inc retains Efficiency (Sharpe Ratio) of 0.04, which signifies that the company had a 0.04% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BTCS, which you can use to evaluate the volatility of the firm. Please makes use of BTCS's market risk adjusted performance of 0.1603, and Coefficient Of Variation of 2501.02 to double-check if our risk estimates are consistent with your expectations.
BTCS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BTCS |
Sharpe Ratio = 0.04
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Estimated Market Risk
| 5.45 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average BTCS is performing at about 3% of its full potential. 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 BTCS by adding it to a well-diversified portfolio.
BTCS Valuation on May 10, 2024
It is possible to determine the worth of BTCS on a given historical date. On May 10, 2024 BTCS was worth 1.53 at the beginning of the trading date compared to the closed value of 1.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BTCS stock. Still, in general, we apply an absolute valuation method to find BTCS's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BTCS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BTCS's related companies.
| Open | High | Low | Close | Volume | |
| 1.56 | 1.57 | 1.52 | 1.53 | 17,505 | |
05/10/2024 | 1.53 | 1.59 | 1.50 | 1.56 | 66,415 |
| 1.55 | 1.58 | 1.51 | 1.52 | 47,005 |
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BTCS Trading Date Momentum on May 10, 2024
| On May 13 2024 BTCS Inc was traded for 1.52 at the closing time. The top price for the day was 1.58 and the lowest listed price was 1.51 . The trading volume for the day was 47 K. The trading history from May 13, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.56% . The overall trading delta against the current closing price is 1.92% . |
BTCS Inc Fundamentals Correlations and Trends
By evaluating BTCS's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BTCS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BTCS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BTCS Stock history
BTCS 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 BTCS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BTCS Inc 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 BTCS stock prices may prove useful in developing a viable investing in BTCS
BTCS Inc. focuses on digital assets and blockchain technologies. BTCS Inc. was founded in 2013 and is based in Silver Spring, Maryland. BTCS INC operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 4 people.
BTCS Stock Technical Analysis
BTCS 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.
Price Boundaries
BTCS Period Price Range
Low | May 10, 2024
| High |
1.53 | 1.56 |
BTCS May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how BTCS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BTCS shares will generate the highest return on investment. By undertsting and applying BTCS stock market strength indicators, traders can identify BTCS Inc entry and exit signals to maximize returns
BTCS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BTCS's price direction in advance. Along with the technical and fundamental analysis of BTCS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BTCS 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 | 0.0327 | |||
| Jensen Alpha | 0.1429 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.039 | |||
| Treynor Ratio | 0.1503 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTCS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. Note that the BTCS Inc information on this page should be used as a complementary analysis to other BTCS'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 the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for BTCS Stock analysis
When running BTCS's price analysis, check to measure BTCS'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 BTCS is operating at the current time. Most of BTCS's value examination focuses on studying past and present price action to predict the probability of BTCS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTCS's price. Additionally, you may evaluate how the addition of BTCS to your portfolios can decrease your overall portfolio volatility.
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Is BTCS's 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 BTCS. If investors know BTCS 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 BTCS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of BTCS Inc is measured differently than its book value, which is the value of BTCS that is recorded on the company's balance sheet. Investors also form their own opinion of BTCS's value that differs from its market value or its book value, called intrinsic value, which is BTCS's 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 BTCS's market value can be influenced by many factors that don't directly affect BTCS's 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 BTCS's value and its price as these two are different measures arrived at by different means. Investors typically determine if BTCS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BTCS's 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.