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Bitfarms Ltd. (BITF)

Equity · Currency in USD · Last updated Mar 22, 2023

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Bitfarms Ltd. in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $4,727 for a total return of roughly -52.73%. All prices are adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%20.00%NovemberDecember2023FebruaryMarch
-3.71%
8.81%
BITF (Bitfarms Ltd.)
Benchmark (^GSPC)

S&P 500

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Bitfarms Ltd.

Return

Bitfarms Ltd. had a return of 136.36% year-to-date (YTD) and -73.20% in the last 12 months. Over the past 10 years, Bitfarms Ltd. had an annualized return of -18.55%, while the S&P 500 had an annualized return of 6.54%, indicating that Bitfarms Ltd. did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-6.31%-1.87%
Year-To-Date136.36%4.25%
6 months-16.13%2.64%
1 year-73.20%-10.31%
5 years (annualized)-18.55%6.54%
10 years (annualized)-18.55%6.54%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023124.09%-3.65%
2022-19.23%-8.67%-39.21%-24.53%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Bitfarms Ltd. Sharpe ratio is -0.62. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.90-0.80-0.70-0.60-0.50-0.40-0.30-0.20NovemberDecember2023FebruaryMarch
-0.62
-0.44
BITF (Bitfarms Ltd.)
Benchmark (^GSPC)

Dividend History


Bitfarms Ltd. doesn't pay dividends

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-100.00%-80.00%-60.00%-40.00%-20.00%NovemberDecember2023FebruaryMarch
-88.28%
-16.55%
BITF (Bitfarms Ltd.)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Bitfarms Ltd.. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Bitfarms Ltd. is 95.72%, recorded on Dec 27, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-95.72%Nov 10, 2021284Dec 27, 2022
-92.08%Jul 18, 2019303Oct 7, 202063Jan 8, 2021366
-62.16%Feb 23, 2021102Jul 19, 202179Nov 8, 2021181
-51.81%Jan 15, 20219Jan 27, 202114Feb 17, 202123
-11.34%Jan 11, 20211Jan 11, 20211Jan 12, 20212

Volatility Chart

Current Bitfarms Ltd. volatility is 139.06%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%50.00%100.00%150.00%200.00%NovemberDecember2023FebruaryMarch
139.06%
22.09%
BITF (Bitfarms Ltd.)
Benchmark (^GSPC)