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Bitfarms Ltd. (BITF)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

CA09173B1076

CUSIP

09173B107

Sector

Financial Services

IPO Date

Aug 28, 2018

Highlights

Market Cap

$970.41M

EPS (TTM)

-$0.38

Total Revenue (TTM)

$184.01M

Gross Profit (TTM)

-$31.89M

EBITDA (TTM)

$50.79M

Year Range

$1.03 - $3.91

Target Price

$3.97

Short %

9.50%

Short Ratio

1.74

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
BITF vs. BTBT BITF vs. CLSK BITF vs. RIOT BITF vs. HUT.TO BITF vs. BTC-USD BITF vs. CIFR BITF vs. IREN BITF vs. BITO BITF vs. MSTR BITF vs. VUG
Popular comparisons:
BITF vs. BTBT BITF vs. CLSK BITF vs. RIOT BITF vs. HUT.TO BITF vs. BTC-USD BITF vs. CIFR BITF vs. IREN BITF vs. BITO BITF vs. MSTR BITF vs. VUG

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Bitfarms Ltd., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%JuneJulyAugustSeptemberOctoberNovember
1.49%
12.14%
BITF (Bitfarms Ltd.)
Benchmark (^GSPC)

Returns By Period

Bitfarms Ltd. had a return of -29.55% year-to-date (YTD) and 76.72% in the last 12 months.


BITF

YTD

-29.55%

1M

-2.38%

6M

4.59%

1Y

76.72%

5Y (annualized)

38.42%

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of BITF, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-19.93%22.32%-21.75%-19.73%25.14%14.73%0.78%-16.60%-2.31%-8.77%-29.55%
2023124.09%-3.65%2.11%19.59%3.45%22.50%27.21%-27.27%-21.32%-1.87%36.19%103.50%561.36%
2022-27.52%3.01%-0.53%-23.20%-30.21%-44.28%30.36%-10.96%-19.23%-8.67%-39.21%-24.53%-91.29%
202141.05%72.76%9.50%5.52%-20.47%-7.40%6.35%40.57%-27.84%20.47%49.41%-33.99%165.79%
202023.82%-9.30%-30.07%29.00%-10.85%-19.71%22.02%0.59%-29.41%53.33%71.20%201.59%397.38%
201917.35%-36.91%-13.43%-13.79%-23.60%-57.79%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BITF is 69, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of BITF is 6969
Combined Rank
The Sharpe Ratio Rank of BITF is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of BITF is 7474
Sortino Ratio Rank
The Omega Ratio Rank of BITF is 6666
Omega Ratio Rank
The Calmar Ratio Rank of BITF is 7474
Calmar Ratio Rank
The Martin Ratio Rank of BITF is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Bitfarms Ltd. (BITF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for BITF, currently valued at 0.77, compared to the broader market-4.00-2.000.002.004.000.772.54
The chart of Sortino ratio for BITF, currently valued at 1.83, compared to the broader market-4.00-2.000.002.004.001.833.40
The chart of Omega ratio for BITF, currently valued at 1.20, compared to the broader market0.501.001.502.001.201.47
The chart of Calmar ratio for BITF, currently valued at 0.91, compared to the broader market0.002.004.006.000.913.66
The chart of Martin ratio for BITF, currently valued at 2.23, compared to the broader market0.0010.0020.0030.002.2316.26
BITF
^GSPC

The current Bitfarms Ltd. Sharpe ratio is 0.77. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Bitfarms Ltd. with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
0.77
2.54
BITF (Bitfarms Ltd.)
Benchmark (^GSPC)

Dividends

Dividend History


Bitfarms Ltd. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-76.89%
-0.88%
BITF (Bitfarms Ltd.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Bitfarms Ltd.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Bitfarms Ltd. was 95.72%, occurring on Dec 27, 2022. The portfolio has not yet recovered.

The current Bitfarms Ltd. drawdown is 76.89%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-95.72%Nov 10, 2021284Dec 27, 2022
-82.68%Aug 22, 2019287Oct 9, 202050Dec 21, 2020337
-52.37%Feb 23, 2021102Jul 19, 202115Aug 9, 2021117
-52.28%Jan 15, 20218Jan 27, 202114Feb 17, 202122
-41.38%Aug 12, 202134Sep 29, 202126Nov 4, 202160

Volatility

Volatility Chart

The current Bitfarms Ltd. volatility is 38.79%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
38.79%
3.96%
BITF (Bitfarms Ltd.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Bitfarms Ltd. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Bitfarms Ltd..


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items