Hive Blockchain Technologies Stock Price on November 6, 2024
| HIVE Stock | USD 4.04 0.38 10.38% |
Below is the normalized historical share price chart for HIVE Blockchain Technologies extending back to July 20, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of HIVE Blockchain stands at 4.04, as last reported on the 29th of November, with the highest price reaching 4.09 and the lowest price hitting 3.72 during the day.
If you're considering investing in HIVE Stock, it is important to understand the factors that can impact its price. HIVE Blockchain appears to be very risky, given 3 months investment horizon. HIVE Blockchain Tech holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of volatility over the last 3 months. By analyzing HIVE Blockchain's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please utilize HIVE Blockchain's market risk adjusted performance of 0.137, and Risk Adjusted Performance of 0.0674 to validate if our risk estimates are consistent with your expectations.
At present, HIVE Blockchain's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 323 M, whereas Common Stock Total Equity is forecasted to decline to about 151.7 M. . At present, HIVE Blockchain's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 23.41, whereas Price Book Value Ratio is forecasted to decline to 0.76. HIVE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of January 2018 | 200 Day MA 3.2805 | 50 Day MA 3.7158 | Beta 4.24 |
HIVE |
Sharpe Ratio = 0.1271
| Best Portfolio | Best Equity | |||
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| Small Returns | HIVE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.85 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average HIVE Blockchain is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of HIVE Blockchain by adding it to a well-diversified portfolio.
Price Book 1.865 | Enterprise Value Ebitda 9.3646 | Price Sales 4.2622 | Shares Float 118.3 M | Wall Street Target Price 7.8333 |
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HIVE Blockchain Valuation on November 6, 2024
It is possible to determine the worth of HIVE Blockchain on a given historical date. On November 6, 2024 HIVE was worth 4.14 at the beginning of the trading date compared to the closed value of 4.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HIVE Blockchain stock. Still, in general, we apply an absolute valuation method to find HIVE Blockchain's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of HIVE Blockchain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HIVE Blockchain's related companies.
| Open | High | Low | Close | Volume | |
| 3.44 | 3.73 | 3.44 | 3.64 | 4,016,890 | |
11/06/2024 | 4.14 | 4.18 | 3.90 | 4.07 | 7,867,899 |
| 4.03 | 4.59 | 4.01 | 4.52 | 7,740,333 |
| Backtest HIVE Blockchain | | | HIVE Blockchain History | | | HIVE Blockchain Valuation | Previous | Next |
HIVE Blockchain Trading Date Momentum on November 6, 2024
| On November 07 2024 HIVE Blockchain Technologies was traded for 4.52 at the closing time. The top price for the day was 4.59 and the lowest listed price was 4.01 . The trading volume for the day was 7.7 M. The trading history from November 7, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 11.06% . The trading delta at closing time against the current closing price is 9.58% . |
HIVE Blockchain Tech Fundamentals Correlations and Trends
By evaluating HIVE Blockchain's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among HIVE Blockchain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HIVE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HIVE Blockchain Stock history
HIVE Blockchain investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for HIVE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HIVE Blockchain Tech will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing HIVE Blockchain stock prices may prove useful in developing a viable investing in HIVE Blockchain
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 90 M | 94.5 M | |
| Net Income Applicable To Common Shares | 91.6 M | 96.1 M |
HIVE Blockchain Quarterly Net Working Capital |
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HIVE Blockchain Stock Technical Analysis
HIVE Blockchain technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
HIVE Blockchain Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
HIVE Blockchain Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
HIVE Blockchain November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how HIVE Blockchain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HIVE Blockchain shares will generate the highest return on investment. By undertsting and applying HIVE Blockchain stock market strength indicators, traders can identify HIVE Blockchain Technologies entry and exit signals to maximize returns
HIVE Blockchain Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HIVE Blockchain's price direction in advance. Along with the technical and fundamental analysis of HIVE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HIVE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0674 | |||
| Jensen Alpha | 0.041 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0617 | |||
| Treynor Ratio | 0.127 |
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Complementary 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.
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