Coinbase Global Stock Price on December 13, 2024

COIN Stock  USD 279.62  11.47  4.28%   
If you're considering investing in Coinbase Stock, it is important to understand the factors that can impact its price. As of today, the current price of Coinbase Global stands at 279.62, as last reported on the 25th of December, with the highest price reaching 284.00 and the lowest price hitting 271.86 during the day. Coinbase Global appears to be very steady, given 3 months investment horizon. Coinbase Global secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. By analyzing Coinbase Global's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of Coinbase Global's Downside Deviation of 5.21, risk adjusted performance of 0.1224, and Mean Deviation of 4.81 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Coinbase Global's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 25th of December 2024, Other Stockholder Equity is likely to grow to about 4.7 B, while Total Stockholder Equity is likely to drop about 4.4 B. . At this time, Coinbase Global's Price Earnings Ratio is very stable compared to the past year. As of the 25th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 46.65, while Price To Sales Ratio is likely to drop 12.53. Coinbase Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1333

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Estimated Market Risk

 6.96
  actual daily
61
61% of assets are less volatile

Expected Return

 0.93
  actual daily
18
82% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Coinbase Global is performing at about 10% 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 Coinbase Global by adding it to a well-diversified portfolio.
Price Book
7.6914
Enterprise Value Ebitda
33.0302
Price Sales
13.4239
Shares Float
201.8 M
Wall Street Target Price
292.28

Related Headline

MSCI Headline on 13th of December 2024

MSCI Price Target Raised to 695.00
by thelincolnianonline.com
MSCI had its price target increased by Morgan Stanley from 662.00 to 695.00 in a research report sent to investors on Thursday,Benzinga reports. They currently have an overweight rating on the technology companys stock. MSCI has been the subject of several other reports. Wells Fargo Company boosted their price target

Coinbase Global Valuation on December 13, 2024

It is possible to determine the worth of Coinbase Global on a given historical date. On December 13, 2024 Coinbase was worth 316.0 at the beginning of the trading date compared to the closed value of 310.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coinbase Global stock. Still, in general, we apply an absolute valuation method to find Coinbase Global'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 Coinbase Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coinbase Global's related companies.
 Open High Low Close Volume
  317.76    323.50    307.75    312.96    8,307,246  
12/13/2024
  316.00    317.18    305.25    310.58    5,808,888  
  316.90    326.23    314.77    315.31    11,434,079  
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Open Value
316.0
295.12
Downside
310.58
Closing Value
336.88
Upside

Coinbase Global Trading Date Momentum on December 13, 2024

On December 16 2024 Coinbase Global was traded for  315.31  at the closing time. The top price for the day was 326.23  and the lowest listed price was  314.77 . The trading volume for the day was 11.4 M. The trading history from December 16, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 1.52% . The overall trading delta against the current closing price is 11.61% .

Coinbase Global Fundamentals Correlations and Trends

By evaluating Coinbase Global'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 Coinbase Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Coinbase financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Coinbase Global Stock history

Coinbase Global 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 Coinbase is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Coinbase 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 Coinbase Global stock prices may prove useful in developing a viable investing in Coinbase Global
Last ReportedProjected for Next Year
Common Stock Shares Outstanding254.4 M240.3 M
Net Loss-2.4 B-2.2 B

Coinbase Global Quarterly Net Working Capital

8.84 Billion

Coinbase Global Stock Technical Analysis

Coinbase Global technical stock 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, stock market cycles, or different charting patterns.
A focus of Coinbase Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Coinbase Global 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

Coinbase Global Period Price Range

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Coinbase Global December 25, 2024 Market Strength

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

Coinbase Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Coinbase Global's price direction in advance. Along with the technical and fundamental analysis of Coinbase Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Coinbase 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.
When determining whether Coinbase Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coinbase Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coinbase Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coinbase Global Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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.
To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.