Please harness analysis of HIVE Blockchain fundamentals to determine if markets are correctly pricing the company. We were able to interpolate and analyze data for thirty-three available reported financial drivers for HIVE Blockchain Tech, which can be compared to its competitors. The stock experiences a large bullish trend. Check odds of HIVE Blockchain to be traded at C$6.38 in 90 days. Key indicators impacting HIVE Blockchain's financial strength include:
Understanding current and past HIVE Blockchain Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of HIVE Blockchain's financial statements are interrelated, with each one affecting the others. For example, an increase in HIVE Blockchain's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in HIVE Blockchain's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of HIVE Blockchain Technologies. Check HIVE Blockchain's Beneish M Score to see the likelihood of HIVE Blockchain's management manipulating its earnings.
HIVE Blockchain Stock Summary
HIVE Blockchain competes with Hut 8, Dmg Blockchain, Drone Delivery, and Galaxy Digital. 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.
You should never invest in HIVE Blockchain without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of HIVE Stock, because this is throwing your money away. Analyzing the key information contained in HIVE Blockchain's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
HIVE Blockchain Key Financial Ratios
There are many critical financial ratios that HIVE Blockchain's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that HIVE Blockchain Tech reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining HIVE Blockchain's current stock value. Our valuation model uses many indicators to compare HIVE Blockchain value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across HIVE Blockchain competition to find correlations between indicators driving HIVE Blockchain's intrinsic value. More Info.
HIVE Blockchain Technologies is rated # 2 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers . At this time, HIVE Blockchain's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the HIVE Blockchain's earnings, one of the primary drivers of an investment's value.
HIVE Blockchain Tech Systematic Risk
HIVE Blockchain's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. HIVE Blockchain volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on HIVE Blockchain Tech correlated with the market. If Beta is less than 0 HIVE Blockchain generally moves in the opposite direction as compared to the market. If HIVE Blockchain Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one HIVE Blockchain Tech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of HIVE Blockchain is generally in the same direction as the market. If Beta > 1 HIVE Blockchain moves generally in the same direction as, but more than the movement of the benchmark.
HIVE Blockchain Technologies Total Assets Over Time
HIVE Blockchain Thematic Clasifications
HIVE Blockchain Technologies is part of IT investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains
This theme covers Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains. Get More Thematic Ideas
Today, most investors in HIVE Blockchain Stock are looking for potential investment opportunities by analyzing not only static indicators but also various HIVE Blockchain's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of HIVE Blockchain growth as a starting point in their analysis.
HIVE Blockchain December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of HIVE Blockchain help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of HIVE Blockchain Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of HIVE Blockchain Technologies based on widely used predictive technical indicators. In general, we focus on analyzing HIVE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HIVE Blockchain's daily price indicators and compare them against related drivers.
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.