BTC Return On Equity from 2010 to 2024

BTCTW Stock   0.04  0  9.09%   
BTC Digital Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to -0.15 in 2024. Return On Equity is a measure of the profitability of BTC Digital in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.15)
Current Value
(0.15)
Quarterly Volatility
4.41832369
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BTC Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BTC Digital's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 950 or Interest Expense of 59.9 K, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0 or PTB Ratio of 0.39. BTC financial statements analysis is a perfect complement when working with BTC Digital Valuation or Volatility modules.
  
Check out the analysis of BTC Digital Correlation against competitors.
For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.

Latest BTC Digital's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of BTC Digital over the last few years. Return on Equity is the amount of BTC Digital net income returned as a percentage of BTC Digital equity. Return on equity measures BTC Digital profitability by revealing how much profit BTC Digital generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. BTC Digital's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BTC Digital's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.1710 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

BTC Return On Equity Regression Statistics

Arithmetic Mean(1.25)
Geometric Mean0.52
Coefficient Of Variation(352.14)
Mean Deviation2.12
Median(0.41)
Standard Deviation4.42
Sample Variance19.52
Range18.2109
R-Value(0.19)
Mean Square Error20.27
R-Squared0.04
Significance0.50
Slope(0.19)
Total Sum of Squares273.30

BTC Return On Equity History

2023 -0.15
2022 0.4
2021 -17.13
2020 1.09
2019 0.84

About BTC Digital Financial Statements

BTC Digital investors use historical fundamental indicators, such as BTC Digital's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in BTC Digital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.15)(0.15)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for BTC Stock Analysis

When running BTC Digital's price analysis, check to measure BTC Digital'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 BTC Digital is operating at the current time. Most of BTC Digital's value examination focuses on studying past and present price action to predict the probability of BTC Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTC Digital's price. Additionally, you may evaluate how the addition of BTC Digital to your portfolios can decrease your overall portfolio volatility.