Hive Blockchain Technologies Stock Buy Hold or Sell Recommendation
| HIVE Stock | USD 4.07 0.02 0.49% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding HIVE Blockchain Technologies is 'Hold'. Macroaxis provides HIVE Blockchain buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HIVE positions.
Check out HIVE Blockchain Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as HIVE and provide practical buy, sell, or hold advice based on investors' constraints. HIVE Blockchain Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
HIVE |
Execute HIVE Blockchain Buy or Sell Advice
The HIVE recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on HIVE Blockchain Technologies. Macroaxis does not own or have any residual interests in HIVE Blockchain Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute HIVE Blockchain's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Unstable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
HIVE Blockchain Trading Alerts and Improvement Suggestions
| HIVE Blockchain Tech is way too risky over 90 days horizon | |
| HIVE Blockchain Tech appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 114.47 M. Net Loss for the year was (51.2 M) with profit before overhead, payroll, taxes, and interest of 163.93 M. | |
| HIVE Blockchain Tech has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: HIVE Digital Technologies Celebrates Path to 15 EHs by Summer 2025 |
HIVE Blockchain Returns Distribution Density
The distribution of HIVE Blockchain's historical returns is an attempt to chart the uncertainty of HIVE Blockchain's future price movements. The chart of the probability distribution of HIVE Blockchain daily returns describes the distribution of returns around its average expected value. We use HIVE Blockchain Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of HIVE Blockchain returns is essential to provide solid investment advice for HIVE Blockchain.
| Mean Return | 0.57 | Value At Risk | -7.71 | Potential Upside | 11.81 | Standard Deviation | 5.87 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of HIVE Blockchain historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
HIVE Stock Institutional Investors
| Shares | Blackrock Inc | 2024-06-30 | 465.2 K | Bank Of America Corp | 2024-06-30 | 452 K | Group One Trading, Lp | 2024-09-30 | 393.4 K | First Trust Advisors L.p. | 2024-09-30 | 342.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 325.2 K | Cubist Systematic Strategies, Llc | 2024-09-30 | 222.4 K | Federation Des Caisses Desjardins Du Quebec | 2024-09-30 | 172.2 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 162.8 K | Xtx Topco Ltd | 2024-09-30 | 147.9 K | Tidal Investments Llc. | 2024-09-30 | 4 M | Van Eck Associates Corporation | 2024-06-30 | 3.9 M |
HIVE Blockchain Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (1.7M) | 35.2M | (35.0M) | (946.1K) | 5.3M | 5.6M | |
| Free Cash Flow | (1.1M) | (42.3M) | (146.6M) | 2.0M | (65.7M) | (62.4M) | |
| Depreciation | 6.3M | 10.7M | 67.0M | 81.7M | 65.9M | 69.2M | |
| Other Non Cash Items | (1.2M) | 944.2K | (458.2K) | 4.9M | (107.3M) | (101.9M) | |
| Capital Expenditures | 1.9M | 65.2M | 215.0M | 42.8M | 79.3M | 83.2M | |
| Net Income | (1.7M) | 42.5M | 79.6M | (236.4M) | (51.2M) | (48.6M) | |
| End Period Cash Flow | 5.1M | 40.3M | 5.3M | 4.4M | 9.7M | 5.6M | |
| Change To Inventory | 1.0M | 5.8M | (60.1K) | 5.3M | 6.0M | 6.3M | |
| Change To Netincome | 66.5M | (491.9K) | 24.7M | 8.7M | 7.8M | 7.4M |
HIVE Blockchain Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to HIVE Blockchain or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that HIVE Blockchain's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a HIVE stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 3.46 | |
σ | Overall volatility | 5.80 | |
Ir | Information ratio | 0.08 |
HIVE Blockchain Volatility Alert
HIVE Blockchain Technologies exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure HIVE Blockchain's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact HIVE Blockchain's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.HIVE Blockchain Fundamentals Vs Peers
Comparing HIVE Blockchain's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze HIVE Blockchain's direct or indirect competition across all of the common fundamentals between HIVE Blockchain and the related equities. This way, we can detect undervalued stocks with similar characteristics as HIVE Blockchain or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of HIVE Blockchain's fundamental indicators could also be used in its relative valuation, which is a method of valuing HIVE Blockchain by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare HIVE Blockchain to competition |
| Fundamentals | HIVE Blockchain | Peer Average |
| Return On Equity | -0.0736 | -0.31 |
| Return On Asset | -0.0847 | -0.14 |
| Profit Margin | (0.12) % | (1.27) % |
| Operating Margin | (0.92) % | (5.51) % |
| Current Valuation | 523.82 M | 16.62 B |
| Shares Outstanding | 129.04 M | 571.82 M |
| Shares Owned By Insiders | 0.44 % | 10.09 % |
| Shares Owned By Institutions | 23.48 % | 39.21 % |
| Number Of Shares Shorted | 3.3 M | 4.71 M |
| Price To Earning | 7.93 X | 28.72 X |
| Price To Book | 1.88 X | 9.51 X |
| Price To Sales | 4.27 X | 11.42 X |
| Revenue | 114.47 M | 9.43 B |
| Gross Profit | 163.93 M | 27.38 B |
| EBITDA | 24.48 M | 3.9 B |
| Net Income | (51.2 M) | 570.98 M |
| Cash And Equivalents | 11.93 M | 2.7 B |
| Cash Per Share | 0.14 X | 5.01 X |
| Total Debt | 30.72 M | 5.32 B |
| Debt To Equity | 0.15 % | 48.70 % |
| Current Ratio | 3.11 X | 2.16 X |
| Book Value Per Share | 2.36 X | 1.93 K |
| Cash Flow From Operations | 13.53 M | 971.22 M |
| Short Ratio | 0.57 X | 4.00 X |
| Earnings Per Share | (0.13) X | 3.12 X |
| Price To Earnings To Growth | (11.10) X | 4.89 X |
| Target Price | 7.83 | |
| Number Of Employees | 20 | 18.84 K |
| Beta | 4.24 | -0.15 |
| Market Capitalization | 525.2 M | 19.03 B |
| Total Asset | 307.58 M | 29.47 B |
| Retained Earnings | (347.87 M) | 9.33 B |
| Working Capital | 157.87 M | 1.48 B |
Note: Disposition of 3675 shares by Ritchie John of HIVE Blockchain at 3.66 subject to Rule 16b-3 [view details]
HIVE Blockchain Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as HIVE . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About HIVE Blockchain Buy or Sell Advice
When is the right time to buy or sell HIVE Blockchain Technologies? Buying financial instruments such as HIVE Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out HIVE Blockchain Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HIVE Blockchain. If investors know HIVE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HIVE Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.217 | Earnings Share (0.13) | Revenue Per Share 1.171 | Quarterly Revenue Growth (0.01) | Return On Assets (0.08) |
The market value of HIVE Blockchain Tech is measured differently than its book value, which is the value of HIVE that is recorded on the company's balance sheet. Investors also form their own opinion of HIVE Blockchain's value that differs from its market value or its book value, called intrinsic value, which is HIVE Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HIVE Blockchain's market value can be influenced by many factors that don't directly affect HIVE Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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 if HIVE Blockchain is a good investment 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.