預計Coinbase（Coin）將在周四的鐘聲報告後報告季度業績

加密貨幣交易所Coinbase（Coin）計劃在周四的鐘聲之後報告季度業績。投資者期望其股票產生適度的回應。

Crypto exchange Coinbase (COIN) is set to report its second-quarter earnings after the market close on Thursday.

Crypto Exchange Coinbase（Coin）定於週四收盤後報告其第二季度收益。

Investors are expecting a modest reaction to the report, with one analysis of options prices suggesting the stock could move 6.5% in either direction on Friday. Such a move would put the stock to a two-month high of $217.50 or down to around $191.

投資者期望對該報告產生適度的反應，對期權價格的一項分析表明，該股票可能在周五朝任一方向上漲6.5％。這樣的舉動將把股票的高點至217.50美元或下降到191美元左右。

A move of 6.5% from Thursday’s opening price would put the stock to a two-month high of about $217.50 or down to around $191. At the same time, the implied volatility on the stock is running quite high.

從周四的開盤價開始，股價為6.5％，將使該股票的高點約為217.50美元或下降到191美元左右。同時，庫存的隱含波動率很高。

Coinbase stock is forecast to move about 6.5% in either direction on Friday, according to an analysis of options prices on Thursday morning. A move of that magnitude could put the stock to a two-month high of about $217.50 or down to around $191.

根據周四上午期權價格的分析，預計週五，Coinbase Stock將在任何一個方向上移動約6.5％。這樣的舉動可能會使股票的高點約217.50美元或下降到191美元左右。

At the same time, the implied volatility on the stock is running quite high. For instance, the 20-day historical volatility on the stock stands at 5.6%, while the 3-month implied volatility from Thursday morning’s options prices is at 40%. Historical volatility measures how wildly a stock has moved over a period of time, while implied volatility is a measure of what options prices suggest the stock’s volatility will be over the next period of time.

同時，庫存的隱含波動率很高。例如，該股票的20天歷史波動率為5.6％，而3個月以來，週四上午期權價格的價格為40％。歷史波動率衡量了股票在一段時間內的狂野移動，而隱含的波動率是衡量選擇價格的衡量標準表明該股票的波動將在下一個時期內進行。

Usually, when a stock’s implied volatility is at a historical high, it tends to move less than what options prices suggest. Moreover, the chances of the stock moving more than 10% on Friday are slim, as the probability of such a move is just 1.1%, according to a analysis of a one-standard-deviation move from options prices.

通常，當股票的隱含波動率處於歷史高位時，它的移動往往少於期權價格的建議。此外，根據對期權價格的單個標準差異的分析，該股票週五轉移超過10％的機會僅僅是1.1％。

Coinbase stock has seen an average post-earnings move of more than 9% over the last four quarters, according to an analysis of previous earnings reactions. Shares slumped 8% after reporting fourth-quarter earnings in February and 15% following its third-quarter results in October. The last time Coinbase stock rose after earnings was a year ago, when the company said first-quarter revenue soared as investors plowed into newly approved spot Bitcoin ETFs.

根據對以前的收入反應的分析，在過去四個季度中，Coinbase股票在過去四個季度中的平均盈利能力超過9％。股票在2月份報告了第四季度的收入和15％的股票後，股票下跌了8％，其第三季度的成績在10月的第三季度結果之後。一年前的收入後，Coinbase股票上次上升，當時該公司表示，隨著投資者耕種新認可的現貨比特幣ETFS，第一季度收入飆升。

Analysts are split in their assessment of Coinbase’s stock, with six of the 12 analysts tracked by Visible Alpha assigning shares a “buy” rating and the other six advising that investors hold.

分析師對Coinbase的股票進行評估時有分解，可見的Alpha跟踪的12位分析師中有六位分配了股票的“買入”評級，而其他六位則建議投資者持有。

The average price target for the stock is $262.42, implying upside of about 33%. Price targets range from $169 at Barclays to $400 at Canaccord and Citizens.

該股票的平均價格目標為262.42美元，這意味著上漲約為33％。價格目標從巴克萊的169美元到Canaccord和Citizens的400美元不等。

Coinbase shares were up more than 5% in recent trading as the price of bitcoin approached $100,000 for the first time since February. The stock has lost more than 15% of its value so far this year.

自2月以來，比特幣的價格首次接近100,000美元，最近交易的Coinbase股票上漲了5％以上。該股票今年迄今已損失了其價值的15％以上。