Abits Stock On Fire: Up 47% With 6-Day Winning Streak
Abits (ABTS) stock hit day 6 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 47% return. The company has gained about $3.6 Mil in value over the last 6 days, with its current market capitalization at about $11 Mil. The stock remains 14.1% below its value at the end of 2024. This compares with year-to-date returns of 15.5% for the S&P 500.
ABTS provides internet media marketing and online-to-offline platform services for small and medium enterprises, and operates a mobile gaming industry contact application in China.
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Comparing ABTS Stock Returns With The S&P 500
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The following table summarizes the return for ABTS stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | ABTS | S&P 500 |
|---|---|---|
| 1D | 16.8% | 0.8% |
| 6D (Current Streak) | 46.5% | 2.5% |
| 1M (21D) | 5.1% | 2.8% |
| 3M (63D) | 88.1% | 6.3% |
| YTD 2025 | -14.1% | 15.5% |
| 2024 | -39.6% | 23.3% |
| 2023 | 152.7% | 24.2% |
| 2022 | -84.2% | -19.4% |
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 37 S&P constituents with 3 days or more of consecutive gains and 51 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 21 | 33 |
| 4D | 4 | 14 |
| 5D | 2 | 4 |
| 6D | 6 | 0 |
| 7D or more | 4 | 0 |
| Total >=3 D | 37 | 51 |
Key Financials for Abits (ABTS)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $1.7 Mil | $6.7 Mil |
| Operating Income | $-8.0 Mil | $-0.8 Mil |
| Net Income | $-12.6 Mil | $-0.9 Mil |
Last 2 Fiscal Quarters:
| Metric | 2020 FQ1 | 2021 FQ1 |
|---|---|---|
| Revenues | $0.4 Mil | $0 |
| Operating Income | $0.2 Mil | $-0.4 Mil |
| Net Income | $0.2 Mil | $-0.4 Mil |
While ABTS stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.