BIT Computer (Korea) Today
| 032850 Stock | KRW 5,950 150.00 2.59% |
Performance1 of 100
| Odds Of DistressLess than 9
|
BIT Computer is trading at 5950.00 as of the 18th of April 2024, a 2.59 percent increase since the beginning of the trading day. The stock's open price was 5800.0. BIT Computer has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for BIT Computer Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
BIT Computer Co., Ltd provides hospital, clinic, and pharmacy solutions in South Korea, Thailand, Ukraine, Kazakhstan, Afghanistan, the United States, Japan, Mongolia, and North Korea. BIT Computer Co., Ltd was founded in 1983 and is based in Seoul, South Korea. The company has 16.45 M outstanding shares. More on BIT Computer Co
Moving together with BIT Stock
| 0.65 | 003530 | Hanwha InvestmentSecuri Earnings Call Next Week | PairCorr |
Moving against BIT Stock
| 0.66 | 014680 | Hansol Chemica | PairCorr |
Follow Valuation Odds of Bankruptcy
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BIT Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BIT Computer's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BIT Computer or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Jin Jeon |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Computers, ISP, Health Care, Health Care Technology, Health Care Equipment & Services, Health Care, Computing (View all Sectors) |
BIT Computer Co (032850) is traded on KOSDAQ in Korea and employs 141 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 115.29 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BIT Computer's market, we take the total number of its shares issued and multiply it by BIT Computer'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 those looking for more risk prefer small-cap and mid-cap equities. BIT Computer operates under Health Care Technology sector and is part of Health Care industry. The entity has 16.45 M outstanding shares.
BIT Computer Co has accumulated about 7.85 B in cash with 6.41 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 889.03.
Check BIT Computer Probability Of Bankruptcy
Ownership AllocationBIT Computer holds a total of 16.45 Million outstanding shares. BIT Computer Co retains substantial amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check BIT Ownership Details
BIT Stock Price Odds Analysis
What are BIT Computer's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of BIT Computer jumping above the current price in 90 days from now is about 86.39%. The BIT Computer Co probability density function shows the probability of BIT Computer stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon BIT Computer has a beta of 0.6279. This suggests as returns on the market go up, BIT Computer average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BIT Computer Co will be expected to be much smaller as well. Additionally, bIT Computer Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of BIT Computer to move above the current price in 90 days from now is about 86.39 (This BIT Computer Co probability density function shows the probability of BIT Stock to fall within a particular range of prices over 90 days) .
BIT Computer Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. BIT Computer market risk premium is the additional return an investor will receive from holding BIT Computer 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 BIT Computer. 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 BIT Computer's alpha and beta are two of the key measurements used to evaluate BIT Computer's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.28 | |||
| Semi Deviation | 3.36 | |||
| Standard Deviation | 5.21 | |||
| Variance | 27.17 |
BIT Stock Against Markets
Picking the right benchmark for BIT Computer 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 BIT Computer 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 BIT Computer is critical whether you are bullish or bearish towards BIT Computer Co at a given time. Please also check how BIT Computer's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in BIT Computer without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
BIT Computer Corporate Management
Elected by the shareholders, the BIT Computer's board of directors comprises two types of representatives: BIT Computer inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BIT. The board's role is to monitor BIT Computer's management team and ensure that shareholders' interests are well served. BIT Computer's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BIT Computer's outside directors are responsible for providing unbiased perspectives on the board's policies.
| JinOk Jeon | Pres CEO | Profile | |
| GyungHo Cho | Director Director | Profile | |
| Eung Lee | Internal Auditor | Profile | |
| HyunJung Cho | Chairman CEO | Profile |
How to buy BIT Stock?
Before investing in BIT Computer, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BIT Computer. To buy BIT Computer stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of BIT Computer. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase BIT Computer stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BIT Computer Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased BIT Computer Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as BIT Computer Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in BIT Computer Co?
The danger of trading BIT Computer Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BIT Computer is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BIT Computer. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BIT Computer is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIT Computer Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the BIT Computer information on this page should be used as a complementary analysis to other BIT Computer'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for BIT Stock analysis
When running BIT Computer's price analysis, check to measure BIT Computer'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 BIT Computer is operating at the current time. Most of BIT Computer's value examination focuses on studying past and present price action to predict the probability of BIT Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIT Computer's price. Additionally, you may evaluate how the addition of BIT Computer to your portfolios can decrease your overall portfolio volatility.
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