Hive Blockchain Technologies Stock Analysis

HIVE Stock Analysis Notes

About 32.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.46. Some equities with similar Price to Book (P/B) outperform the market in the long run. HIVE Blockchain Tech recorded a loss per share of 0.45. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 24th of May 2022. HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada. Hive Blockchain operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 18 people. To learn more about HIVE Blockchain Technologies call Aydin Kilic at 604-664-1078 or check out https://hivedigitaltechnologies.com.

HIVE Blockchain Tech Investment Alerts

HIVE Blockchain Tech Upcoming and Recent Events

HIVE Largest EPS Surprises

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HIVE Blockchain Environmental, Social, and Governance (ESG) Scores

HIVE Stock Institutional Investors

Note, although HIVE Blockchain's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

HIVE Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 238.76 M.

HIVE Profitablity

The company has Profit Margin (PM) of (0.43) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.1) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.1.

Management Efficiency

HIVE Blockchain Tech has return on total asset (ROA) of (0.0728) % which means that it has lost $0.0728 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2557) %, meaning that it created substantial loss on money invested by shareholders. HIVE Blockchain's management efficiency ratios could be used to measure how well HIVE Blockchain manages its routine affairs as well as how well it operates its assets and liabilities. As of June 5, 2024, Return On Tangible Assets is expected to decline to -1.14. The current year's Return On Capital Employed is expected to grow to -0.79. At present, HIVE Blockchain's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 18.2 M, whereas Net Current Asset Value is forecasted to decline to (3.6 M).

Technical Drivers

As of the 5th of June, HIVE Blockchain retains the risk adjusted performance of (0.06), and Market Risk Adjusted Performance of (0.16). HIVE Blockchain technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out HIVE Blockchain Tech standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if HIVE Blockchain is priced correctly, providing market reflects its last-minute price of 2.85 per share. Please also validate HIVE Blockchain Tech jensen alpha, which is currently at (0.45) to confirm the company can sustain itself at some point in the future.

HIVE Blockchain Tech Price Movement Analysis

HIVE Blockchain Tech Insider Trading Activities

HIVE Blockchain Predictive Daily Indicators

HIVE Blockchain Corporate Filings

HIVE Blockchain Forecast Models

HIVE Blockchain's time-series forecasting models are one of many HIVE Blockchain's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary HIVE Blockchain's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how HIVE Blockchain prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling HIVE shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as HIVE Blockchain. By using and applying HIVE Stock analysis, traders can create a robust methodology for identifying HIVE entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. HIVE analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. HIVE analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

HIVE Blockchain Technologies stock analysis indicators help investors evaluate how HIVE Blockchain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading HIVE Blockchain shares will generate the highest return on investment. By understating and applying HIVE Blockchain stock analysis, traders can identify HIVE Blockchain position entry and exit signals to maximize returns.

When running HIVE Blockchain's price analysis, check to measure HIVE Blockchain's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HIVE Blockchain is operating at the current time. Most of HIVE Blockchain's value examination focuses on studying past and present price action to predict the probability of HIVE Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HIVE Blockchain's price. Additionally, you may evaluate how the addition of HIVE Blockchain to your portfolios can decrease your overall portfolio volatility.