Btcs Inc Stock Net Asset
| BTCS Stock | USD 1.56 0.03 1.96% |
BTCS Inc fundamentals help investors to digest information that contributes to BTCS's financial success or failures. It also enables traders to predict the movement of BTCS Stock. The fundamental analysis module provides a way to measure BTCS's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BTCS stock.
BTCS | Net Asset |
BTCS Inc Company Net Asset Analysis
BTCS's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current BTCS Net Asset | 27.15 M |
Most of BTCS's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BTCS Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
BTCS Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for BTCS is extremely important. It helps to project a fair market value of BTCS Stock properly, considering its historical fundamentals such as Net Asset. Since BTCS's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BTCS's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BTCS's interrelated accounts and indicators.
Click cells to compare fundamentals
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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BTCS Total Assets
Total Assets |
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Based on the recorded statements, BTCS Inc has a Net Asset of 27.15 M. This is much higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The net asset for all United States stocks is notably lower than that of the firm.
BTCS Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BTCS's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BTCS could also be used in its relative valuation, which is a method of valuing BTCS by comparing valuation metrics of similar companies.BTCS is currently under evaluation in net asset category among related companies.
BTCS Current Valuation Drivers
We derive many important indicators used in calculating different scores of BTCS from analyzing BTCS's financial statements. These drivers represent accounts that assess BTCS's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of BTCS's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 108.0K | 566.9K | 21.5M | 8.0M | 23.0M | 24.1M | |
| Enterprise Value | 124.8K | 174.7K | 20.1M | 5.9M | 21.5M | 22.6M |
BTCS Institutional Holders
Institutional Holdings refers to the ownership stake in BTCS that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BTCS's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing BTCS's value.| Shares | Ronald Blue Trust, Inc. | 2023-12-31 | 79.0 | Wells Fargo & Co | 2023-12-31 | 71.0 | Bank Of America Corp | 2023-12-31 | 59.0 | Advisornet Financial, Inc | 2023-12-31 | 50.0 | Newbridge Financial Services Group, Inc. | 2023-12-31 | 20.0 | Advisor Group Holdings, Inc. | 2023-12-31 | 18.0 | Jpmorgan Chase & Co | 2023-12-31 | 12.0 | Fmr Inc | 2023-12-31 | 7.0 | Vitalstone Financial Llc | 2023-12-31 | 7.0 | Vanguard Group Inc | 2023-12-31 | 368 K | Geode Capital Management, Llc | 2023-12-31 | 76.2 K |
BTCS Fundamentals
| Return On Equity | 0.44 | |||
| Return On Asset | -0.13 | |||
| Profit Margin | 5.84 % | |||
| Operating Margin | (2.89) % | |||
| Current Valuation | 25.58 M | |||
| Shares Outstanding | 15.71 M | |||
| Shares Owned By Insiders | 35.49 % | |||
| Shares Owned By Institutions | 4.47 % | |||
| Number Of Shares Shorted | 66.03 K | |||
| Price To Earning | (0.02) X | |||
| Price To Book | 1.02 X | |||
| Price To Sales | 18.29 X | |||
| Revenue | 1.34 M | |||
| Gross Profit | 944.94 K | |||
| EBITDA | (3.71 M) | |||
| Net Income | 7.82 M | |||
| Cash And Equivalents | 3.19 M | |||
| Cash Per Share | 0.25 X | |||
| Total Debt | 848.68 K | |||
| Debt To Equity | 0.10 % | |||
| Current Ratio | 5.57 X | |||
| Book Value Per Share | 1.54 X | |||
| Cash Flow From Operations | (3.54 M) | |||
| Short Ratio | 0.56 X | |||
| Earnings Per Share | 0.55 X | |||
| Target Price | 3.0 | |||
| Beta | 1.67 | |||
| Market Capitalization | 24.03 M | |||
| Total Asset | 27.15 M | |||
| Retained Earnings | (138.68 M) | |||
| Working Capital | 26.06 M | |||
| Current Asset | 9 K | |||
| Current Liabilities | 24.27 M | |||
| Net Asset | 27.15 M |
About BTCS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BTCS Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BTCS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BTCS Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BTCS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BTCS's short interest history, or implied volatility extrapolated from BTCS options trading.
Pair Trading with BTCS
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 BTCS 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 BTCS will appreciate offsetting losses from the drop in the long position's value.Moving together with BTCS Stock
| 0.63 | PX | P10 Inc Financial Report 20th of May 2024 | PairCorr |
Moving against BTCS Stock
| 0.44 | JXN | Jackson Financial Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to BTCS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BTCS 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 BTCS - 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 BTCS Inc to buy it.
The correlation of BTCS 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 BTCS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BTCS Inc 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 BTCS 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.Check out BTCS Piotroski F Score and BTCS Altman Z Score analysis. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.
Earnings Share 0.55 | Revenue Per Share 0.095 | Quarterly Revenue Growth 0.204 | Return On Assets (0.13) | Return On Equity 0.4405 |
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.