Xia Wang - Bit Origin Chief Officer

BTOG Stock  USD 4.12  0.24  6.19%   

Insider

Xia Wang is Chief Officer of Bit Origin
Age 38
Address Samsung Hub, Singapore, Singapore, 049483
Phone347 556 4747
Webhttps://bitorigin.io

Bit Origin Management Efficiency

The company has return on total asset (ROA) of (0.3473) % which means that it has lost $0.3473 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.4642) %, meaning that it created substantial loss on money invested by shareholders. Bit Origin's management efficiency ratios could be used to measure how well Bit Origin manages its routine affairs as well as how well it operates its assets and liabilities. The Bit Origin's current Return On Tangible Assets is estimated to increase to -2.31. The Bit Origin's current Return On Capital Employed is estimated to increase to -2.87. At this time, Bit Origin's Net Tangible Assets are most likely to increase significantly in the upcoming years. The Bit Origin's current Other Assets is estimated to increase to about 21.9 M, while Non Currrent Assets Other are forecasted to increase to (10.7 M).
The company currently holds 2.08 M in liabilities. Bit Origin has a current ratio of 18.8, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Bit Origin until it has trouble settling it off, either with new capital or with free cash flow. So, Bit Origin'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 Bit Origin sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bit to invest in growth at high rates of return. When we think about Bit Origin's use of debt, we should always consider it together with cash and equity.

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Bit Origin Ltd, through its subsidiaries, engages in the cryptocurrency mining business in the United States. Bit Origin Ltd was incorporated in 2018 and is based in New York, New York. Bit Origin operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 11 people. Bit Origin (BTOG) is traded on NASDAQ Exchange in USA. It is located in Samsung Hub, Singapore, Singapore, 049483 and employs 9 people. Bit Origin is listed under Packaged Foods & Meats category by Fama And French industry classification.

Management Performance

Bit Origin Leadership Team

Elected by the shareholders, the Bit Origin's board of directors comprises two types of representatives: Bit Origin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bit. The board's role is to monitor Bit Origin's management team and ensure that shareholders' interests are well served. Bit Origin's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bit Origin's outside directors are responsible for providing unbiased perspectives on the board's policies.
Xia Wang, Chief Officer
Erick Minaya, Chief Director
Lucas Wang, Chairman CEO
Jiaming Li, President
Jinghai Jiang, Chief Officer
Du Lianfei, Ex VP

Bit Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bit Origin a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Bit Origin

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bit Origin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bit Origin will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bit Stock

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Moving against Bit Stock

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The ability to find closely correlated positions to Bit Origin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bit Origin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bit Origin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bit Origin to buy it.
The correlation of Bit Origin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bit Origin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bit Origin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bit Origin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bit Origin is a strong investment it is important to analyze Bit Origin's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bit Origin's future performance. For an informed investment choice regarding Bit Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bit Origin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Bit Origin's price analysis, check to measure Bit Origin'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 Bit Origin is operating at the current time. Most of Bit Origin's value examination focuses on studying past and present price action to predict the probability of Bit Origin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Origin's price. Additionally, you may evaluate how the addition of Bit Origin to your portfolios can decrease your overall portfolio volatility.
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Is Bit Origin's industry 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 Bit Origin. If investors know Bit 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 Bit Origin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(9.28)
Revenue Per Share
2.052
Quarterly Revenue Growth
0.402
Return On Assets
(0.35)
Return On Equity
(1.46)
The market value of Bit Origin is measured differently than its book value, which is the value of Bit that is recorded on the company's balance sheet. Investors also form their own opinion of Bit Origin's value that differs from its market value or its book value, called intrinsic value, which is Bit Origin'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 Bit Origin's market value can be influenced by many factors that don't directly affect Bit Origin'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 Bit Origin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bit Origin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bit Origin'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.