Hive Blockchain Technologies Stock Technical Analysis
| HIVE Stock | USD 4.08 0.04 0.99% |
As of the 1st of December, HIVE Blockchain retains the market risk adjusted performance of 0.1776, and Risk Adjusted Performance of 0.0847. 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 information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if HIVE Blockchain is priced correctly, providing market reflects its last-minute price of 4.08 per share. Given that HIVE Blockchain Technologies has jensen alpha of 0.1372, we strongly advise you to confirm HIVE Blockchain Tech's regular market performance to make sure the company can sustain itself at some point in the future.
HIVE Blockchain Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HIVE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HIVEHIVE |
HIVE Blockchain Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 6.25 | Strong Buy | 6 | Odds |
Most HIVE analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand HIVE stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of HIVE Blockchain Tech, talking to its executives and customers, or listening to HIVE conference calls.
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.
HIVE Blockchain Tech Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of HIVE Blockchain Tech volatility. High ATR values indicate high volatility, and low values indicate low volatility.
HIVE Blockchain Tech Trend Analysis
Use this graph to draw trend lines for HIVE Blockchain Technologies. You can use it to identify possible trend reversals for HIVE Blockchain as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual HIVE Blockchain price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.HIVE Blockchain Best Fit Change Line
The following chart estimates an ordinary least squares regression model for HIVE Blockchain Technologies applied against its price change over selected period. The best fit line has a slop of 0.03 , which means HIVE Blockchain Technologies will continue generating value for investors. It has 122 observation points and a regression sum of squares at 29.28, which is the sum of squared deviations for the predicted HIVE Blockchain price change compared to its average price change.About HIVE Blockchain Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of HIVE Blockchain Technologies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of HIVE Blockchain Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on HIVE Blockchain Tech price pattern first instead of the macroeconomic environment surrounding HIVE Blockchain Tech. By analyzing HIVE Blockchain's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of HIVE Blockchain's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to HIVE Blockchain specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 14.88 | 20.26 | 9.92 | 12.62 | Days Of Inventory On Hand | 537.08 | 173.06 | 796.5 | 836.32 |
HIVE Blockchain December 1, 2024 Technical Indicators
Most technical analysis of HIVE help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for HIVE from various momentum indicators to cycle indicators. When you analyze HIVE charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0847 | |||
| Market Risk Adjusted Performance | 0.1776 | |||
| Mean Deviation | 4.54 | |||
| Semi Deviation | 4.77 | |||
| Downside Deviation | 5.29 | |||
| Coefficient Of Variation | 1005.31 | |||
| Standard Deviation | 5.88 | |||
| Variance | 34.6 | |||
| Information Ratio | 0.0761 | |||
| Jensen Alpha | 0.1372 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0845 | |||
| Treynor Ratio | 0.1676 | |||
| Maximum Drawdown | 29.04 | |||
| Value At Risk | (7.71) | |||
| Potential Upside | 11.81 | |||
| Downside Variance | 28.03 | |||
| Semi Variance | 22.77 | |||
| Expected Short fall | (5.25) | |||
| Skewness | 0.3241 | |||
| Kurtosis | 0.2182 |
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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