Athena Bitcoin Global Stock Performance
| ABIT Stock | USD 0.11 0.01 8.33% |
Athena Bitcoin holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 9.77, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Athena Bitcoin will likely underperform. Use Athena Bitcoin jensen alpha and the relationship between the value at risk and day median price , to analyze future returns on Athena Bitcoin.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Athena Bitcoin Global are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively conflicting forward indicators, Athena Bitcoin unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | 1.8 M |
Athena |
Athena Bitcoin Relative Risk vs. Return Landscape
If you would invest 4.30 in Athena Bitcoin Global on September 21, 2024 and sell it today you would earn a total of 6.70 from holding Athena Bitcoin Global or generate 155.81% return on investment over 90 days. Athena Bitcoin Global is currently generating 2.9242% in daily expected returns and assumes 19.4572% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Athena, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Athena Bitcoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Athena Bitcoin's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Athena Bitcoin Global, and traders can use it to determine the average amount a Athena Bitcoin's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1503
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| Good Returns | ABIT | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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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 Fundamentals Growth
Athena Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Athena Bitcoin, and Athena Bitcoin fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Athena Pink Sheet performance.
| Return On Asset | -0.0042 | |||
| Profit Margin | (0.06) % | |||
| Operating Margin | (0) % | |||
| Current Valuation | 2.01 B | |||
| Shares Outstanding | 4.09 B | |||
| Price To Sales | 28.18 X | |||
| Revenue | 72.51 M | |||
| EBITDA | 1.27 M | |||
| Cash And Equivalents | 1.01 M | |||
| Total Debt | 10.77 M | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (4.14 M) | |||
| Earnings Per Share | (0) X | |||
About Athena Bitcoin Performance
Assessing Athena Bitcoin's fundamental ratios provides investors with valuable insights into Athena Bitcoin's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Athena Bitcoin is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Athena Bitcoin Global performance evaluation
Checking the ongoing alerts about Athena Bitcoin for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Athena Bitcoin Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Athena Bitcoin is way too risky over 90 days horizon | |
| Athena Bitcoin has some characteristics of a very speculative penny stock | |
| Athena Bitcoin appears to be risky and price may revert if volatility continues | |
| Athena Bitcoin Global currently holds 10.77 M in liabilities. Athena Bitcoin Global has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Athena Bitcoin until it has trouble settling it off, either with new capital or with free cash flow. So, Athena Bitcoin's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Athena Bitcoin Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athena to invest in growth at high rates of return. When we think about Athena Bitcoin's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 72.51 M. Net Loss for the year was (3.64 M) with profit before overhead, payroll, taxes, and interest of 5.61 M. | |
| Athena Bitcoin Global currently holds about 1.01 M in cash with (4.14 M) of positive cash flow from operations. | |
| Roughly 76.0% of the company shares are held by company insiders |
- Analyzing Athena Bitcoin's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Athena Bitcoin's stock is overvalued or undervalued compared to its peers.
- Examining Athena Bitcoin's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Athena Bitcoin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Athena Bitcoin's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Athena Bitcoin's pink sheet. These opinions can provide insight into Athena Bitcoin's potential for growth and whether the stock is currently undervalued or overvalued.
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.