Is HIVE Blockchain Stock a Good Investment?
HIVE Blockchain Investment Advice | HIVE |
- Examine HIVE Blockchain's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research HIVE Blockchain's leadership team and their track record. Good management can help HIVE Blockchain navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact HIVE Blockchain's business and its evolving consumer preferences.
- Compare HIVE Blockchain's performance and market position to its competitors. Analyze how HIVE Blockchain is positioned in terms of product offerings, innovation, and market share.
- Check if HIVE Blockchain pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about HIVE Blockchain's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in HIVE Blockchain Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if HIVE Blockchain Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine HIVE Blockchain Stock
Researching HIVE Blockchain's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 22.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.6. 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 0.05. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 24th of May 2022.
To determine if HIVE Blockchain is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding HIVE Blockchain's research are outlined below:
| HIVE Blockchain Tech generated a negative expected return over the last 90 days | |
| HIVE Blockchain Tech may become a speculative penny stock | |
| HIVE Blockchain Tech has high historical volatility and very poor performance | |
| 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 34.98 M. | |
| HIVE Blockchain Tech has a poor financial position based on the latest SEC disclosures |
HIVE Blockchain uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in HIVE Blockchain Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to HIVE Blockchain's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 19th of February 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of July 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
HIVE Blockchain's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 261.27 M.HIVE Blockchain's profitablity analysis
The company has Profit Margin (PM) of (0.05) %, 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 (0.69) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.69.Determining HIVE Blockchain's profitability involves analyzing its financial statements and using various financial metrics to determine if HIVE Blockchain is a good buy. For example, gross profit margin measures HIVE Blockchain's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of HIVE Blockchain's profitability and make more informed investment decisions.
Please note, the presentation of HIVE Blockchain's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, HIVE Blockchain's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of HIVE Blockchain's management manipulating its earnings.
Basic technical analysis of HIVE Stock
As of the 28th of March, HIVE Blockchain retains the risk adjusted performance of (0.16), and Market Risk Adjusted Performance of (0.35). 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 1.68 per share. Please also validate HIVE Blockchain Tech jensen alpha, which is currently at (0.85) to confirm the company can sustain itself at some point in the future.HIVE Blockchain's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific HIVE Blockchain insiders, such as employees or executives, is commonly permitted as long as it does not rely on HIVE Blockchain's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases HIVE Blockchain insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ritchie John over three months ago Disposition of 3675 shares by Ritchie John of HIVE Blockchain at 3.66 subject to Rule 16b-3 | ||
Ritchie John over three months ago Acquisition by Ritchie John of 4671 shares of HIVE Blockchain subject to Rule 16b-3 | ||
Lightspeed Venture Partners Vii, L.p. over three months ago Acquisition by Lightspeed Venture Partners Vii, L.p. of 19146 shares of HIVE Blockchain subject to Rule 16b-3 | ||
Ritchie John over six months ago Disposition of 1616 shares by Ritchie John of HIVE Blockchain at 5.09 subject to Rule 16b-3 | ||
Ritchie John over six months ago Disposition of 1616 shares by Ritchie John of HIVE Blockchain at 5.09 subject to Rule 16b-3 | ||
Christopher Schaepe over a year ago Acquisition by Christopher Schaepe of 19146 shares of HIVE Blockchain subject to Rule 16b-3 |
HIVE Blockchain's Outstanding Corporate Bonds
HIVE Blockchain issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. HIVE Blockchain Tech uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most HIVE bonds can be classified according to their maturity, which is the date when HIVE Blockchain Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand HIVE Blockchain's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing HIVE Blockchain's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.16) | |||
| Market Risk Adjusted Performance | (0.35) | |||
| Mean Deviation | 3.31 | |||
| Coefficient Of Variation | (494.41) | |||
| Standard Deviation | 4.45 | |||
| Variance | 19.79 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.85) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (0.36) | |||
| Maximum Drawdown | 21.92 | |||
| Value At Risk | (8.21) | |||
| Potential Upside | 7.32 | |||
| Skewness | (0.19) | |||
| Kurtosis | 0.483 |
| Risk Adjusted Performance | (0.16) | |||
| Market Risk Adjusted Performance | (0.35) | |||
| Mean Deviation | 3.31 | |||
| Coefficient Of Variation | (494.41) | |||
| Standard Deviation | 4.45 | |||
| Variance | 19.79 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.85) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (0.36) | |||
| Maximum Drawdown | 21.92 | |||
| Value At Risk | (8.21) | |||
| Potential Upside | 7.32 | |||
| Skewness | (0.19) | |||
| Kurtosis | 0.483 |
Consider HIVE Blockchain's intraday indicators
HIVE Blockchain intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of HIVE Blockchain stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
HIVE Blockchain time-series forecasting models is one of many HIVE Blockchain's stock analysis techniques aimed to predict 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.
HIVE Stock media impact
Far too much social signal, news, headlines, and media speculation about HIVE Blockchain that are available to investors today. That information is available publicly through HIVE media outlets and privately through word of mouth or via HIVE internal channels. However, regardless of the origin, that massive amount of HIVE data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of HIVE Blockchain news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of HIVE Blockchain relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to HIVE Blockchain's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive HIVE Blockchain alpha.
HIVE Blockchain Corporate Management
| Johanna Thornblad | Country Sweden | Profile | |
| Darcy Daubaras | Chief Officer | Profile | |
| William Gray | Chief Officer | Profile | |
| Mario Sergi | Chief Officer | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.
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.
In summary, please note that there is a difference between HIVE Blockchain's value and its price, as these two are different measures arrived at by various 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.