HIVE Blockchain Stock Today

HIVE Stock  CAD 5.02  0.49  8.89%   
Market Performance
8 of 100
Odds Of Distress
Less than 28
HIVE Blockchain is selling for under 5.02 as of the 6th of February 2023; that is -8.89 percent down since the beginning of the trading day. The stock's lowest day price was 4.99. HIVE Blockchain has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for HIVE Blockchain Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of April 2022 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
March
Category
Financial Services
ISIN
CA43366H7040
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 Exotistan and is traded on Commodity Exchange.. The company has 82.45 M outstanding shares of which 502.48 K shares are currently shorted by private and institutional investors with about 1.52 days to cover all short positions. More on HIVE Blockchain Technologies

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HIVE Blockchain Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. HIVE Blockchain's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HIVE Blockchain or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanFrank Holmes
Thematic Ideas
(view all).
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of HIVE Blockchain's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
HIVE Blockchain Technologies (HIVE) is traded on TSX Venture Exchange in Canada and employs 18 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 416.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HIVE Blockchain's market, we take the total number of its shares issued and multiply it by HIVE Blockchain's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. HIVE Blockchain Tech operates under Financial Services sector and is part of Capital Markets industry. The entity has 82.45 M outstanding shares of which 502.48 K shares are currently shorted by private and institutional investors with about 1.52 days to cover all short positions. HIVE Blockchain Technologies has accumulated about 1.3 M in cash with 68.49 M of positive cash flow from operations.
Check HIVE Blockchain Probability Of Bankruptcy
Ownership
HIVE Blockchain secures a total of 82.45 Million outstanding shares. HIVE Blockchain retains 7.7 (percent) if its outstanding shares held by insiders and 7.7 (percent) owned by outside corporations . Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

Check HIVE Blockchain Ownership Details

HIVE Blockchain Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of HIVE Blockchain jumping above the current price in 90 days from now is roughly 2.28%. The HIVE Blockchain Technologies probability density function shows the probability of HIVE Blockchain stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.9593. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, HIVE Blockchain will likely underperform. Additionally, the company has an alpha of 0.2855, implying that it can generate a 0.29 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 5.02HorizonTargetOdds Above 5.02
97.71%90 days
 5.02 
2.28%
Based on a normal probability distribution, the odds of HIVE Blockchain to move above the current price in 90 days from now is roughly 2.28 (This HIVE Blockchain Technologies probability density function shows the probability of HIVE Blockchain Stock to fall within a particular range of prices over 90 days) .

HIVE Blockchain Tech Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. HIVE Blockchain market risk premium is the additional return an investor will receive from holding HIVE Blockchain long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in HIVE Blockchain. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although HIVE Blockchain's alpha and beta are two of the key measurements used to evaluate HIVE Blockchain's performance over the market, the standard measures of volatility play an important role as well.

HIVE Blockchain Stock Against Markets

Picking the right benchmark for HIVE Blockchain stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in HIVE Blockchain stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for HIVE Blockchain is critical whether you are bullish or bearish towards HIVE Blockchain Technologies at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in HIVE Blockchain without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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HIVE Blockchain Corporate Management

Elected by the shareholders, the HIVE Blockchain's board of directors comprises two types of representatives: HIVE Blockchain inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HIVE Blockchain. The board's role is to monitor HIVE Blockchain's management team and ensure that shareholders' interests are well served. HIVE Blockchain's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, HIVE Blockchain's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ian Mann - Independent DirectorProfile
Aydin Kilic - Pres COOProfile
Johanna Thornblad - Country SwedenProfile
William Gray - Chief OfficerProfile
Olivier Newton - Interim President DirectorProfile

Invested in HIVE Blockchain Technologies?

The danger of trading HIVE Blockchain Technologies is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of HIVE Blockchain is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than HIVE Blockchain. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HIVE Blockchain Tech is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. Note that the HIVE Blockchain Tech information on this page should be used as a complementary analysis to other HIVE Blockchain's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for HIVE Blockchain Stock analysis

When running HIVE Blockchain Tech 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 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.
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Please note, there is a significant difference between HIVE Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine HIVE Blockchain value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIVE Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.