Coinbase Global Stock Buy Hold or Sell Recommendation
| COIN Stock | USD 310.98 0.00 0.00% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Coinbase Global is 'Sell'. The recommendation algorithm takes into account all of Coinbase Global's available fundamental, technical, and predictive indicators you will find on this site.
Check out Coinbase Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide. In addition, we conduct extensive research on individual companies such as Coinbase and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Coinbase Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Coinbase |
Execute Coinbase Global Buy or Sell Advice
The Coinbase recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Coinbase Global. Macroaxis does not own or have any residual interests in Coinbase Global or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Coinbase Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Coinbase Global Trading Alerts and Improvement Suggestions
| Coinbase Global is way too risky over 90 days horizon | |
| Coinbase Global appears to be risky and price may revert if volatility continues | |
| Coinbase Global has a strong financial position based on the latest SEC filings | |
| About 56.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Disposition of 726 shares by Lawrence Brock of Coinbase Global at 320.4515 subject to Rule 16b-3 |
Coinbase Global Returns Distribution Density
The distribution of Coinbase Global's historical returns is an attempt to chart the uncertainty of Coinbase Global's future price movements. The chart of the probability distribution of Coinbase Global daily returns describes the distribution of returns around its average expected value. We use Coinbase Global price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Coinbase Global returns is essential to provide solid investment advice for Coinbase Global.
| Mean Return | 0.76 | Value At Risk | -7.74 | Potential Upside | 9.69 | Standard Deviation | 6.65 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Coinbase Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Coinbase Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Coinbase Global, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Coinbase Global back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Norges Bank | 2024-06-30 | 2.1 M | A16z Perennial Management Lp | 2024-09-30 | 1.8 M | Cowen And Company, Llc | 2024-06-30 | 1.5 M | Legal & General Group Plc | 2024-06-30 | 1.2 M | Hudson Bay Capital Management Lp | 2024-09-30 | 1.1 M | Sozo Ventures Gp Ii, L.p. | 2024-09-30 | 1.1 M | Northern Trust Corp | 2024-09-30 | 1.1 M | Deutsche Bank Ag | 2024-06-30 | 992.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 919.1 K | Vanguard Group Inc | 2024-09-30 | 18.3 M | Blackrock Inc | 2024-06-30 | 11 M |
Coinbase Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Coinbase Global or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Coinbase Global's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Coinbase stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | 5.40 | |
σ | Overall volatility | 6.78 | |
Ir | Information ratio | 0.09 |
Coinbase Global Volatility Alert
Coinbase Global is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Coinbase Global's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Coinbase Global's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Coinbase Global Fundamentals Vs Peers
Comparing Coinbase Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Coinbase Global's direct or indirect competition across all of the common fundamentals between Coinbase Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Coinbase Global or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Coinbase Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Coinbase Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Coinbase Global to competition |
| Fundamentals | Coinbase Global | Peer Average |
| Return On Equity | 0.21 | -0.31 |
| Return On Asset | 0.0041 | -0.14 |
| Profit Margin | 0.31 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 65.14 B | 16.62 B |
| Shares Outstanding | 204.91 M | 571.82 M |
| Shares Owned By Insiders | 2.10 % | 10.09 % |
| Shares Owned By Institutions | 56.41 % | 39.21 % |
| Number Of Shares Shorted | 8.82 M | 4.71 M |
| Price To Earning | 4.53 X | 28.72 X |
| Price To Book | 8.41 X | 9.51 X |
| Price To Sales | 14.68 X | 11.42 X |
| Revenue | 3.11 B | 9.43 B |
| Gross Profit | 2.52 B | 27.38 B |
| EBITDA | 3.11 B | 3.9 B |
| Net Income | 94.87 M | 570.98 M |
| Cash And Equivalents | 5.01 B | 2.7 B |
| Cash Per Share | 22.07 X | 5.01 X |
| Total Debt | 3.06 B | 5.32 B |
| Debt To Equity | 0.65 % | 48.70 % |
| Current Ratio | 1.05 X | 2.16 X |
| Book Value Per Share | 34.87 X | 1.93 K |
| Cash Flow From Operations | 922.95 M | 971.22 M |
| Short Ratio | 0.57 X | 4.00 X |
| Earnings Per Share | 5.90 X | 3.12 X |
| Price To Earnings To Growth | 0.84 X | 4.89 X |
| Target Price | 257.48 | |
| Number Of Employees | 3.42 K | 18.84 K |
| Beta | 3.34 | -0.15 |
| Market Capitalization | 73.43 B | 19.03 B |
| Total Asset | 206.98 B | 29.47 B |
| Retained Earnings | 1.82 B | 9.33 B |
| Working Capital | 5.75 B | 1.48 B |
Note: Disposition of 200 shares by Emilie Choi of Coinbase Global at 198.95 subject to Rule 16b-3 [view details]
Coinbase Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Coinbase . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 886633.0 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 303.79 | |||
| Day Typical Price | 306.19 | |||
| Price Action Indicator | 7.19 | |||
| Relative Strength Index | 64.86 |
About Coinbase Global Buy or Sell Advice
When is the right time to buy or sell Coinbase Global? Buying financial instruments such as Coinbase Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Coinbase Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Diversified Capital Markets space 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 5.9 | Revenue Per Share 20.46 | Quarterly Revenue Growth 0.812 | Return On Assets 0.0041 |
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.