Athena Bitcoin Global Stock Price on July 22, 2024

ABIT Stock  USD 0.11  0.01  8.33%   
If you're considering investing in Athena Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Athena Bitcoin stands at 0.11, as last reported on the 20th of December, with the highest price reaching 0.13 and the lowest price hitting 0.11 during the day. Athena Bitcoin is out of control given 3 months investment horizon. Athena Bitcoin Global secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of standard deviation over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.92% are justified by taking the suggested risk. Use Athena Bitcoin mean deviation of 11.42, and Risk Adjusted Performance of 0.1257 to evaluate company specific risk that cannot be diversified away.
  
Athena Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1503

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Estimated Market Risk

 19.46
  actual daily
96
96% of assets are less volatile

Expected Return

 2.92
  actual daily
58
58% of assets have lower returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Athena Bitcoin is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Athena Bitcoin by adding it to a well-diversified portfolio.

Athena Bitcoin Valuation on July 22, 2024

It is possible to determine the worth of Athena Bitcoin on a given historical date. On July 22, 2024 Athena was worth 0.071 at the beginning of the trading date compared to the closed value of 0.072. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Athena Bitcoin pink sheet. Still, in general, we apply an absolute valuation method to find Athena Bitcoin's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Athena Bitcoin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Athena Bitcoin's related companies.
 Open High Low Close Volume
  0.07    0.07    0.07    0.07    136,900  
07/22/2024
  0.07    0.07    0.07    0.07    83,900  
  0.07    0.07    0.07    0.07    6,500  
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Open Value
0.071
0.0007
Downside
0.072
Closing Value
58.44
Upside

Athena Bitcoin Trading Date Momentum on July 22, 2024

On July 23 2024 Athena Bitcoin Global was traded for  0.07  at the closing time. The top price for the day was 0.07  and the lowest listed price was  0.07 . The trading volume for the day was 6.5 K. The trading history from July 23, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 4.17% . The overall trading delta against the current closing price is 1.39% .

Athena Bitcoin Global Fundamentals Correlations and Trends

By evaluating Athena Bitcoin's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Athena Bitcoin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Athena financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Athena Bitcoin Pink Sheet history

Athena Bitcoin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Athena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Athena Bitcoin Global will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Athena Bitcoin stock prices may prove useful in developing a viable investing in Athena Bitcoin
Athena Bitcoin Global develops, owns, and operates a network of Athena Bitcoin ATMs. The company was incorporated in 1991 and is based in Chicago, Illinois. Athena Bitcoin operates under Capital Markets classification in the United States and is traded on OTC Exchange. It employs 58 people.

Athena Bitcoin Pink Sheet Technical Analysis

Athena Bitcoin technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Athena Bitcoin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Athena Bitcoin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Athena Bitcoin Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Athena Bitcoin Global cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Athena Bitcoin December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Athena Bitcoin pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Athena Bitcoin shares will generate the highest return on investment. By undertsting and applying Athena Bitcoin pink sheet market strength indicators, traders can identify Athena Bitcoin Global entry and exit signals to maximize returns

Athena Bitcoin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Athena Bitcoin's price direction in advance. Along with the technical and fundamental analysis of Athena Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Athena to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Athena Pink Sheet Analysis

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