COIN
Some scores are at the bottom of their range
This score sits at the bottom of the 0–100 range. The underlying calculation was negative, so the displayed value is a floor, not a measurement of zero.
- Tactical Score: displayed 0, underlying value -49.0
Daily closes · 1Y (252 sessions) · -53.8% · range 141.09–387.27
The Businesswhat the company reports
Business & cash flow
| OCF / assets | 8.2% |
|---|---|
| FCF / revenue | 33.8% |
| Gross margin | 85.8% |
| ROIC | 7.7% |
| Forward P/E | 49.3 |
This company does not report capital expenditure in the standard filing tag, so free cash flow cannot be derived and FCF/assets is not shown — common for asset managers, REITs, insurers and utilities. OCF/assets is shown instead, and it is the other measure Brown Bear's testing found to survive. Assets are from the latest annual filing (FY2025).
Price vs Earnings growth
Trailing EPS is negative (-3.88), so a growth percentage does not exist — forward EPS of 3.02 implies a swing from loss to profit
Confidence 35.0/100
Drivers
| Trailing price return (1y) | -53.8% |
|---|
Figures
| Trailing EPS | -3.88 |
|---|---|
| Forward EPS | 3.02 |
| Forward P/E | 49.30 |
Revisions
Rapidly Deteriorating (-28.3%, 10 dates)
Takeaway Low data confidence (limited analyst coverage) — treat this section as informational only.
Reported earnings
Revenue Net incomeEPS (GAAP) (-2.32–5.12, own scale) Derived Q4
12 quarters to Q1 26. Revenue and net income share one scale, so the gap between them is the margin. The baseline is zero — bars below it are losses. The line is GAAP EPS — it spans every quarter shown, where the reported figure only goes back as far as the consensus feed does.
| Quarter ending | Revenue | YoY | Net income | EPS (GAAP) | EPS reported | vs consensus | Filed |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | 1.41bn | -30.5% | -394.12m | -1.49 | -1.49 | -559.7% | 2026-05-07 |
| 2025-12-31 (derived) | 1.78bn | -21.6% | -666.73m | -2.32 | -2.49 | -519.8% | 2026-02-12 |
| 2025-09-30 | 1.87bn | +55.1% | 432.55m | 1.48 | 1.50 | +39.1% | 2025-10-30 |
| 2025-06-30 | 1.50bn | +3.3% | 1.43bn | 5.12 | — | — | 2025-07-31 |
| 2025-03-31 | 2.03bn | +24.2% | 65.61m | 0.24 | — | — | 2025-05-08 |
| 2024-12-31 (derived) | 2.27bn | +138.2% | 1.29bn | 4.72 | — | — | 2025-02-13 |
| 2024-09-30 | 1.21bn | +78.8% | 75.50m | 0.28 | — | — | 2024-10-30 |
| 2024-06-30 | 1.45bn | +104.8% | 36.15m | 0.14 | — | — | 2024-08-01 |
| 2024-03-31 | 1.64bn | — | 1.18bn | 4.39 | — | — | 2024-05-02 |
| 2023-12-31 (derived) | 953.79m | — | 273.44m | 1.07 | — | — | 2024-02-15 |
| 2023-09-30 | 674.15m | — | -2.27m | -0.01 | — | — | 2023-11-02 |
| 2023-06-30 | 707.91m | — | -97.41m | -0.42 | — | — | 2023-08-03 |
Earnings response
| Typical move around a filing | ±5.1% |
|---|---|
| On an ordinary two days | ±4.3% — filings move it 1.2× as much |
| Direction | 5 up, 7 down over 12 filings |
Revenue up year on year Revenue down Price move around the filing separate scales — a crossing means nothing
| Quarter ending | Filed | Revenue YoY | Move around filing | Next 20 sessions vs SPY |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-07 | -30.5% | +1.6% | -19.6% |
| 2025-09-30 | 2025-10-30 | +55.1% | -1.4% | -24.2% |
| 2025-06-30 | 2025-07-31 | +3.3% | -16.6% | -7.0% |
| 2025-03-31 | 2025-05-08 | +24.2% | +1.4% | +22.5% |
| 2024-09-30 | 2024-10-30 | +78.8% | -18.4% | +59.3% |
| 2024-06-30 | 2024-08-01 | +104.8% | -8.9% | -16.1% |
| 2024-03-31 | 2024-05-02 | +112.0% | +6.3% | +0.4% |
| 2023-09-30 | 2023-11-02 | +14.2% | +10.3% | +59.4% |
| 2023-06-30 | 2023-08-03 | -12.4% | -3.5% | -11.7% |
| 2023-03-31 | 2023-05-04 | -33.8% | +20.1% | -2.7% |
| 2022-09-30 | 2022-11-03 | -55.0% | -3.1% | -28.0% |
| 2022-06-30 | 2022-08-09 | -63.7% | -4.0% | -17.7% |
Share count
Diluted shares Return since the previous filing
| Direction | Shrinking — shares retired |
|---|---|
| Diluted shares | 264.8M as at 2026-03-31 |
| Change over 1 year | -2.4% |
| Change over 3 years | +14.4% |
| Public float | $74.20bn as at 2025-06-30 (10-K) |
History before 2021-06-30 is not shown. The share count jumps at that date by a ratio no ordinary issuance produces — a split whose factor is not in Brown Bear's split store — so earlier figures are on a different basis and cannot be compared with today's.
The Pricewhat the chart is doingTop ↑
Price Levels
| Strategy | Current Price Reasonable |
|---|---|
| Reference band | 146.80 — 150.53 |
| Protective stop | 128.65 (Atr, 13.5% risk) |
| Support | 145.15 (2 touches, 2.7% away) |
| Resistance | 168.52 (13.1% away) |
Takeaway The shares are nearer the floor than the ceiling: about 2.7% above 145.15, a price buyers have stepped in at before, and 13.1% below 168.52, where sellers have turned up before. That floor has held 2 times, which is how it was spotted. If someone bought at today's price and sold if it dropped through the level below, they would be about 13.5% out of pocket. That is all this figure means — an illustration of the risk, not a price to sell at.
Levels are computed from price structure. They describe where the engine locates support and extension — they are not targets, and not advice.
Ichimoku Cloud (Adaptive)
| Daily cloud | Price BELOW the cloud | periods 8/23/46 (89% of classic 9/26/52) |
|---|---|
| Lines | Tenkan/Kijun BEAR | cloud twist BEAR (fresh down, 2d ago) |
| Cloud thickness | 8% percentile (thin — little structure to fight through) |
| Chikou span | Not clear of price from 26 periods ago |
| Weekly cloud | Price BELOW the weekly cloud (context only, not scored) |
Takeaway The stock is trading below its cloud — a shaded band drawn from several of its own moving averages, currently 159.72 to 160.30. Being below it means the medium-term picture is pointing downwards, and that band is the first hurdle it would have to climb back through. Its shorter-term averages agree with that.
Trailing returns
| 21 days | -7.7% |
|---|---|
| 63 days | -28.2% |
| 126 days | -8.3% |
| 252 days | -53.4% |
| Below 252d high | 61.5% |
Trend context
| Position | Below trend |
|---|---|
| Extension | Oversold |
| Trend slope | Flat |
| Direction of travel | Diverging from trend |
Takeaway Oversold relative to a stable or improving Kalman trend.
Volatility
| State | Expanded out of a squeeze |
|---|---|
| Current band width | 22.1% of price |
| Recent tightest | 11.8% (9 sessions ago, narrower than 99.0% of its history) |
| Expansion since | 1.87× |
| Band | 139.52 — 174.20 |
Takeaway Lately this share price has been swinging around inside a range roughly 22% wide, and it recently went unusually quiet — calmer than it has been 99% of the time. It has started moving again since, swinging about 1.9 times as widely as during that quiet spell. A stock that has been quiet tends to make its next move look big by comparison, simply because the recent bar was low.
Historical trends
History begins when the site started recording, not when the company listed, so a short line means a short record and nothing more.
Repair Pathway
- Nearest Trigger MACD repair streak continuation 4 improving bars MACD histogram has improved for 4 consecutive sessions · Broadly stable
- Trigger 2 MACD histogram above zero 0.74 gap is improving · Broadly stable
- Trigger 3 MACD bullish crossover line/signal spread gap is improving · Broadly stable
- Trigger 4 Volume confirmation above 1.2x +0.20x volume confirmation would improve confidence in the pathway · Broadly stable
- Trigger 5 EMA20 reclaim +3.7% gap is improving · Broadly stable
Who's Tradingthe flow behind the priceTop ↑
Insider activity
| Activity | No filings in the window |
|---|---|
| Buy filings | 0 |
| Sell filings | 0 |
Open-market Form 4 purchases and sales over the last 75 days, read from SEC EDGAR Form 4. Grants, option exercises, gifts and shares withheld for tax are excluded — they are compensation mechanics, not a decision to buy or sell. Reported Form 4 activity. Brown Bear tested insider cluster-buying as a return signal and rejected it as era-unstable; shown as fact, not signal.
Volume confirmation
| Volume-price trend | Below its signal line |
|---|---|
| Confirmation | Marginal |
No absorption or distribution event in the recent window.
Takeaway The heaviest trading has been happening on days when the price falls: when large numbers of shares change hands, the price has tended to go down rather than up. That tells you where the weight of trading has been. It does not tell you what happens next, and it is not a signal to sell.
Options Positioning
No binary-event flag
COIN: no binary-event flag. Near IV 61%, far IV 64% (ratio 0.96), implied move 7.7%.
| Implied volatility | 61% near (9d) · 64% far (65d) |
|---|---|
| Term structure | 0.96× near/far |
| Historical volatility | 72% |
| Implied vs historical | 0.86× |
| Implied move | ±7.7% by 2026-08-21 |
| Implied move vs ATR | 0.48× |
| Skew | Call Skew (0.91×) |
Takeaway Insuring against a move in this stock costs less for the next few weeks than for the next few months, which is the normal state of affairs and suggests no particular date is worrying anyone. Options traders are positioned for a move of around 7.7% in either direction by 2026-08-21.
Chain as at 2026-08-12. This is a risk read on whether a specific event is being priced — not a directional view.
Context & Methodthe record, and how it was builtTop ↑
Relative Rotation
Repair Attempt
Rotation health 19.7/100; Severe Rotation Headwind.
| Rotation health | 19.7 |
|---|---|
| Rotation strength | 73.3 |
| Leg | Quadrant | RS-Ratio | RS-Mom |
|---|---|---|---|
| Stock vs sector | Lagging | 92.3 | 89.8 |
| Stock vs SPY | Lagging | 86.2 | 87.0 |
| Sector vs SPY | Lagging | 76.4 | 91.0 |
Direction of travel: North-West / early recovery
Position only. Brown Bear's RRG redesign programme is closed — five constructions, none beat an appropriate null — so this section describes where the name sits, and is not a signal.
News Headlines
- Loading headlines\u2026
Headlines are supplied by third-party feeds and are not written, ranked or interpreted by Brown Bear. They feed no score on this page.
Detailed Scoring
Positive signals
- Piotroski F-score 5/9 (+10.0)
- Altman Z-score 6.04 (+10.0)
- Insider conviction score (+5.0)
- Gross margin quality: 85.8% (+22.0)
- ROIC quality: 7.7% (+2.3)
- FCF margin quality: 33.8% (+20.0)
- Gross margin improving by 11.0 pts (+5.0)
- FCF margin improving by -13.5 pts (+-3.0)
- High earnings quality (accrual ratio -0.039) (+2.0)
- Accrual ratio improving (-0.02 -> -0.04) (+5.0)
- Track 1: MACD histogram acceleration 0.67 (+7.0)
- Track 1: Bollinger position 0.27 (+5.8)
Negative signals
- Underperforming sector over 20 days
- Track 1: weak MACD histogram (-0.74)
- Relative strength versus sector deteriorating
- Track 1: negative 20-day momentum acceleration (-0.09)
- Track 1: bearish DI spread (-13.3)
- Track 1: weak/falling ADX (19.1, flat)
- Weak relative momentum rank (0.01)
- Track 1: price below EMA20 by 3.6%
- Track 1: EMA20 slope deteriorating -2.3%
- Track 1: weak MACD line/signal structure (-5.0)
- Track 1: MACD slope deteriorating (-3.0)
- Track 1: RSI deterioration/extension 40.6, 5-day change -3.0
- Track 1: weak VPT confirmation (-0.01)
- Track 1: price below EMA50 by 7.9%
- Track 1: EMA50 slope deteriorating -3.4%
- ROIC improving by -13.0 pts (+-5.0)
Chase risk is not elevated for this name, so extension penalties are omitted from the negative signals above.