Coinbase Global COIN) - Investment Thesis


 

The future of money is here: "We're the most trusted place for people and businesses to buy, sell, and use crypto."

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. Coinbase is a online platform for buying, selling, transferring, and storing digital currency. It is a marketplace with a pool of liquidity for transactions in crypto assets for institutions and provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware.

                 Mann-Kendall Trend Test  on COIN quarterly earnings

Reported EPS Series for last 20 quarters: [0.28, 0.14, 2.15, 1.04, -0.01, -0.5, -0.34, -2.46, -2.43, -4.76, -1.98, 3.32, 1.62, 3.45, 3.09, 0.41, 0.605, 0.605, 0.0725, 0.0725]

Tau (trend strength): 0.042105

p-value: 0.820152

Trend: no trend


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