Coinbase Global Stock Price Prediction
| COIN Stock | USD 203.93 14.23 6.52% |
Oversold Vs Overbought
43
Oversold | Overbought |
Coinbase Global stock price prediction is an act of determining the future value of Coinbase Global shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Coinbase Global's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Coinbase Global and does not consider all of the tangible or intangible factors available from Coinbase Global's fundamental data. We analyze noise-free headlines and recent hype associated with Coinbase Global, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Coinbase Global's stock price prediction:Quarterly Earnings Growth 3.27 | EPS Estimate Current Year 1.84 | EPS Estimate Next Year 1.79 | Wall Street Target Price 224.45 | Quarterly Revenue Growth 0.494 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Coinbase Global based on different types of headlines from major news networks to social media. The Coinbase stock price prediction module provides an analysis of price elasticity to changes in media outlook on Coinbase Global over a specific investment horizon. Using Coinbase Global hype-based prediction, you can estimate the value of Coinbase Global from the perspective of Coinbase Global response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Coinbase Global using Coinbase Global's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Coinbase using crowd psychology based on the activity and movement of Coinbase Global's stock price.
Coinbase Global Short Interest
A significant increase or decrease in Coinbase Global's short interest from the previous month could be a good indicator of investor sentiment towards Coinbase. Short interest can provide insight into the potential direction of Coinbase Global stock and how bullish or bearish investors feel about the market overall. An investor who is long Coinbase Global may also wish to track short interest. As short interest increases, investors should be becoming more worried about Coinbase Global and may potentially protect profits, hedge Coinbase Global with its derivative instruments, or be ready for some potential downside.
200 Day MA 137.1944 | Short Percent 0.0655 | Short Ratio 1.08 | Shares Short Prior Month 11.6 M | 50 Day MA 230.8008 |
Coinbase Global Hype to Price Pattern
Investor biases related to Coinbase Global's public news can be used to forecast risks associated with an investment in Coinbase. The trend in average sentiment can be used to explain how an investor holding Coinbase can time the market purely based on public headlines and social activities around Coinbase Global. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Coinbase Global's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Coinbase Global.
Coinbase Global Implied Volatility | 223.15 |
Coinbase Global's implied volatility exposes the market's sentiment of Coinbase Global stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Coinbase Global's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Coinbase Global stock will not fluctuate a lot when Coinbase Global's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Coinbase Global. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Coinbase Global to buy its stock at a price that has no basis in reality. In that case, they are not buying Coinbase because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Coinbase Global after-hype prediction price | USD 217.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Coinbase contract
Based on the Rule 16, the options market is currently suggesting that Coinbase Global will have an average daily up or down price movement of about 13.95% per day over the life of the 2024-05-03 option contract. With Coinbase Global trading at USD 203.93, that is roughly USD 28.44 . If you think that the market is fully incorporating Coinbase Global's daily price movement you should consider acquiring Coinbase Global options at the current volatility level of 223.15%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Coinbase |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Coinbase Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Coinbase Global After-Hype Price Prediction Density Analysis
As far as predicting the price of Coinbase Global at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Coinbase Global or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Coinbase Global, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Coinbase Global Estimiated After-Hype Price Volatility
In the context of predicting Coinbase Global's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Coinbase Global's historical news coverage. Coinbase Global's after-hype downside and upside margins for the prediction period are 183.54 and 222.76, respectively. We have considered Coinbase Global's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Coinbase Global is very steady at this time. Analysis and calculation of next after-hype price of Coinbase Global is based on 3 months time horizon.
Coinbase Global Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Coinbase Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Coinbase Global backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Coinbase Global, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.91 | 5.84 | 11.66 | 0.68 | 10 Events / Month | 5 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
203.93 | 217.00 | 6.41 |
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Coinbase Global Hype Timeline
Coinbase Global is currently traded for 203.93. The entity has historical hype elasticity of 11.66, and average elasticity to hype of competition of -0.68. Coinbase is forecasted to increase in value after the next headline, with the price projected to jump to 217.0 or above. The average volatility of media hype impact on the company the price is about 45.59%. The price boost on the next news is projected to be 6.41%, whereas the daily expected return is currently at 0.91%. The volatility of related hype on Coinbase Global is about 778.67%, with the expected price after the next announcement by competition of 203.25. The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days. Check out Coinbase Global Basic Forecasting Models to cross-verify your projections.Coinbase Global Related Hype Analysis
Having access to credible news sources related to Coinbase Global's direct competition is more important than ever and may enhance your ability to predict Coinbase Global's future price movements. Getting to know how Coinbase Global's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Coinbase Global may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MCO | Moodys | 3.17 | 7 per month | 0.00 | (0.08) | 1.80 | (1.69) | 10.62 | |
| MSCI | MSCI Inc | 0.89 | 6 per month | 0.00 | (0.1) | 2.53 | (2.47) | 22.74 | |
| ICE | Intercontinental Exchange | (4.27) | 11 per month | 0.79 | (0.01) | 1.67 | (1.35) | 6.97 | |
| CME | CME Group | (3.04) | 8 per month | 0.99 | (0.02) | 1.62 | (1.56) | 6.03 | |
| NDAQ | Nasdaq Inc | 0.39 | 11 per month | 1.07 | (0.01) | 1.92 | (2.00) | 6.13 | |
| SPGI | SP Global | (3.78) | 9 per month | 0.00 | (0.15) | 1.06 | (1.97) | 7.00 | |
| FDS | FactSet Research Systems | 1.39 | 10 per month | 0.00 | (0.15) | 1.60 | (2.53) | 9.93 |
Coinbase Global Additional Predictive Modules
Most predictive techniques to examine Coinbase price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Coinbase using various technical indicators. When you analyze Coinbase charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Coinbase Global Predictive Indicators
The successful prediction of Coinbase Global stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Coinbase Global, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Coinbase Global based on analysis of Coinbase Global hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Coinbase Global's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Coinbase Global's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 21.29 | 53.11 | 49.96 | 53.06 | PTB Ratio | 8.59 | 1.44 | 6.53 | 6.2 |
Story Coverage note for Coinbase Global
The number of cover stories for Coinbase Global depends on current market conditions and Coinbase Global's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Coinbase Global is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Coinbase Global's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Coinbase Global Short Properties
Coinbase Global's future price predictability will typically decrease when Coinbase Global's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Coinbase Global often depends not only on the future outlook of the potential Coinbase Global's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Coinbase Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 254.4 M | |
| Cash And Short Term Investments | 5.7 B |
Check out Coinbase Global Basic Forecasting Models to cross-verify your projections. To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.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 Coinbase Stock analysis
When running Coinbase Global's price analysis, check to measure Coinbase Global'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 Coinbase Global is operating at the current time. Most of Coinbase Global's value examination focuses on studying past and present price action to predict the probability of Coinbase Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coinbase Global's price. Additionally, you may evaluate how the addition of Coinbase Global to your portfolios can decrease your overall portfolio volatility.
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Is Coinbase Global'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 Coinbase Global. If investors know Coinbase 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 Coinbase Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.27 | Earnings Share 0.37 | Revenue Per Share 12.411 | Quarterly Revenue Growth 0.494 | Return On Assets (0.0009) |
The market value of Coinbase Global is measured differently than its book value, which is the value of Coinbase that is recorded on the company's balance sheet. Investors also form their own opinion of Coinbase Global's value that differs from its market value or its book value, called intrinsic value, which is Coinbase Global'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 Coinbase Global's market value can be influenced by many factors that don't directly affect Coinbase Global'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 Coinbase Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coinbase Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coinbase Global'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.