Hive Blockchain Technologies Stock Analysis
| HIVE Stock | CAD 3.05 0.09 3.04% |
HIVE Blockchain Technologies is fairly valued with Real Value of 2.93 and Hype Value of 2.94. The main objective of HIVE Blockchain stock analysis is to determine its intrinsic value, which is an estimate of what HIVE Blockchain Technologies is worth, separate from its market price. There are two main types of HIVE Blockchain's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect HIVE Blockchain's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of HIVE Blockchain's stock to identify patterns and trends that may indicate its future price movements.
The HIVE Blockchain stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. HIVE Blockchain is usually not traded on Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday. HIVE Stock trading window is adjusted to America/Toronto timezone.
HIVE |
HIVE Stock Analysis Notes
About 23.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.74. 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 0.07. 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 Exotistan and is traded on Commodity Exchange. 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 generated a negative expected return over the last 90 days | |
| HIVE Blockchain Tech has high historical volatility and very poor performance | |
| The company reported the 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. | |
| Latest headline from news.google.com: HIVE Digital Technologies Sets New 52-Week Low - Whats Next - MarketBeat |
HIVE Largest EPS Surprises
Earnings surprises can significantly impact HIVE Blockchain's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-09 | 2024-06-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2019-05-29 | 2019-03-31 | -0.04 | -0.02 | 0.02 | 50 | ||
2018-02-28 | 2017-12-31 | 0.05 | 7.0E-4 | -0.0493 | 98 |
HIVE Blockchain Thematic Classifications
In addition to having HIVE Blockchain stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | ITInformation technology and IT services | |
 | BlockchainCross-industry collection of firms that are adopting blockchain technology |
HIVE Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 473.98 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 Profitablity
HIVE Blockchain's profitability indicators refer to fundamental financial ratios that showcase HIVE Blockchain's ability to generate income relative to its revenue or operating costs. If, let's say, HIVE Blockchain is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, HIVE Blockchain's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of HIVE Blockchain's profitability requires more research than a typical breakdown of HIVE Blockchain's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
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. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.15) | (0.16) | |
| Return On Capital Employed | 0.08 | 0.09 | |
| Return On Assets | (0.15) | (0.16) | |
| Return On Equity | (0.23) | (0.24) |
Management Efficiency
HIVE Blockchain Tech has return on total asset (ROA) of (0.0903) % which means that it has lost $0.0903 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0215) %, meaning that it generated 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. Return On Capital Employed is likely to climb to 0.09 in 2025, whereas Return On Tangible Assets are likely to drop (0.16) in 2025. At this time, HIVE Blockchain's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 147.7 M in 2025, whereas Intangible Assets are likely to drop slightly above 57.4 K in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.60 | 2.73 | |
| Net Current Asset Value | -3.5 M | -3.6 M | |
| Tangible Asset Value | -684.1 K | -718.3 K | |
| Tangible Book Value Per Share | 2.60 | 2.73 | |
| Enterprise Value Over EBITDA | 11.86 | 12.45 | |
| Price Book Value Ratio | 1.04 | 0.76 | |
| Enterprise Value Multiple | 11.86 | 12.45 | |
| Price Fair Value | 1.04 | 0.76 | |
| Enterprise Value | 290.3 M | 304.8 M |
HIVE Blockchain Technologies benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Technical Drivers
As of the 1st of March, HIVE Blockchain retains the risk adjusted performance of (0.13), and Market Risk Adjusted Performance of (0.72). 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 coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if HIVE Blockchain is priced correctly, providing market reflects its last-minute price of 3.05 per share.HIVE Blockchain Tech Price Movement Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. HIVE Blockchain middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for HIVE Blockchain Tech. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
HIVE Blockchain Outstanding 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.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
HIVE Blockchain Predictive Daily 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 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.About HIVE Stock Analysis
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.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.35) | (0.37) | |
| Operating Profit Margin | 0.17 | 0.16 | |
| Net Loss | (0.40) | (0.42) | |
| Gross Profit Margin | 0.41 | 0.43 |
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding HIVE Blockchain to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for HIVE Stock Analysis
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.