BITF
Price
$2.06
Change
-$0.05 (-2.37%)
Updated
Apr 24, 6:59 PM EST
18 days until earnings call
HUT
Price
$8.98
Change
-$0.65 (-6.75%)
Updated
Apr 24, 6:59 PM EST
11 days until earnings call
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BITF vs HUT ᐉ Comparison: Which is Better to Invest?

Header iconBITF vs HUT Comparison
Open Charts BITF vs HUTBanner chart's image
Bitfarms
Price$2.06
Change-$0.05 (-2.37%)
Volume$8.89M
CapitalizationN/A
Hut 8
Price$8.98
Change-$0.65 (-6.75%)
Volume$1.99M
CapitalizationN/A
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BITF vs HUT Comparison Chart

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BITFDaily Signal changed days agoGain/Loss if shorted
 
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HUTDaily Signal changed days agoGain/Loss if shorted
 
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VS
BITF vs. HUT commentary
Apr 25, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is BITF is a Hold and HUT is a Hold.

COMPARISON
Comparison
Apr 25, 2024
Stock price -- (BITF: $2.11 vs. HUT: $8.98)
Brand notoriety: BITF and HUT are both not notable
Both companies represent the Investment Banks/Brokers industry
Current volume relative to the 65-day Moving Average: BITF: 72% vs. HUT: 78%
Market capitalization -- BITF: $742.84M vs. HUT: $985.18M
BITF [@Investment Banks/Brokers] is valued at $742.84M. HUT’s [@Investment Banks/Brokers] market capitalization is $985.18M. The market cap for tickers in the [@Investment Banks/Brokers] industry ranges from $928.5B to $0. The average market capitalization across the [@Investment Banks/Brokers] industry is $10.53B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

BITF’s FA Score shows that 0 FA rating(s) are green whileHUT’s FA Score has 1 green FA rating(s).

  • BITF’s FA Score: 0 green, 5 red.
  • HUT’s FA Score: 1 green, 4 red.
According to our system of comparison, HUT is a better buy in the long-term than BITF.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

BITF’s TA Score shows that 5 TA indicator(s) are bullish while HUT’s TA Score has 4 bullish TA indicator(s).

  • BITF’s TA Score: 5 bullish, 3 bearish.
  • HUT’s TA Score: 4 bullish, 6 bearish.
According to our system of comparison, BITF is a better buy in the short-term than HUT.

Price Growth

BITF (@Investment Banks/Brokers) experienced а +23.39% price change this week, while HUT (@Investment Banks/Brokers) price change was +20.70% for the same time period.

The average weekly price growth across all stocks in the @Investment Banks/Brokers industry was +6.81%. For the same industry, the average monthly price growth was +0.62%, and the average quarterly price growth was +121.38%.

Reported Earning Dates

BITF is expected to report earnings on Aug 30, 2024.

HUT is expected to report earnings on May 06, 2024.

Industries' Descriptions

@Investment Banks/Brokers (+6.81% weekly)

These banks specialize in underwriting (helping companies with debt financing or equity issuances), IPOs, facilitating mergers and other corporate reorganizations and acting as a broker or financial advisor for institutions. They might also trade securities on their own accounts. Investment banks potentially thrive on expanding its network of clients, since that could help them increase profits. Goldman Sachs, Morgan Stanley and CME Group Inc are some of the largest investment banking companies.

SUMMARIES
A.I.dvisor published
a Summary for BITF with price predictions.
OPEN
A.I.dvisor published
a Summary for HUT with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
HUT($985M) has a higher market cap than BITF($743M). HUT has higher P/E ratio than BITF: HUT (12.84) vs BITF (10.38). BITF YTD gains are higher at: -29.210 vs. HUT (-32.684). BITF has higher annual earnings (EBITDA): -7.73M vs. HUT (-80.09M). BITF has more cash in the bank: 116M vs. HUT (21.1M). BITF has less debt than HUT: BITF (19.9M) vs HUT (79.5M). BITF has higher revenues than HUT: BITF (146M) vs HUT (77M).
BITFHUTBITF / HUT
Capitalization743M985M75%
EBITDA-7.73M-80.09M10%
Gain YTD-29.210-32.68489%
P/E Ratio10.3812.8481%
Revenue146M77M190%
Total Cash116M21.1M550%
Total Debt19.9M79.5M25%
FUNDAMENTALS RATINGS
HUT: Fundamental Ratings
HUT
OUTLOOK RATING
1..100
22
VALUATION
overvalued / fair valued / undervalued
1..100
71
Overvalued
PROFIT vs RISK RATING
1..100
49
SMR RATING
1..100
96
PRICE GROWTH RATING
1..100
50
P/E GROWTH RATING
1..100
22
SEASONALITY SCORE
1..100
50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
BITFHUT
RSI
ODDS (%)
Bullish Trend 1 day ago
90%
Bearish Trend 1 day ago
87%
Stochastic
ODDS (%)
Bearish Trend 1 day ago
79%
Bearish Trend 1 day ago
87%
Momentum
ODDS (%)
Bullish Trend 1 day ago
83%
Bullish Trend 1 day ago
84%
MACD
ODDS (%)
Bullish Trend 1 day ago
88%
Bullish Trend 1 day ago
82%
TrendWeek
ODDS (%)
Bullish Trend 1 day ago
84%
Bullish Trend 1 day ago
87%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
88%
Bullish Trend 1 day ago
87%
Advances
ODDS (%)
Bullish Trend 3 days ago
83%
Bullish Trend 3 days ago
89%
Declines
ODDS (%)
Bearish Trend 10 days ago
90%
Bearish Trend 11 days ago
88%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
81%
Bearish Trend 1 day ago
84%
Aroon
ODDS (%)
Bearish Trend 1 day ago
87%
Bearish Trend 3 days ago
89%
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BITFDaily Signal changed days agoGain/Loss if shorted
 
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HUTDaily Signal changed days agoGain/Loss if shorted
 
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BITF and

Correlation & Price change

A.I.dvisor indicates that over the last year, BITF has been closely correlated with HUT. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if BITF jumps, then HUT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BITF
1D Price
Change %
BITF100%
-2.37%
HUT - BITF
84%
Closely correlated
-6.75%
MARA - BITF
78%
Closely correlated
-1.80%
RIOT - BITF
77%
Closely correlated
+0.25%
BTBT - BITF
76%
Closely correlated
+0.90%
CLSK - BITF
73%
Closely correlated
-4.58%
More