HIVE Competitors
| HIVE Stock | USD 2.23 0.09 4.21% |
HIVE Digital vs FS Credit Correlation
Very weak diversification
The correlation between HIVE Digital Technologies and FSCO is 0.51 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding HIVE Digital Technologies and FSCO in the same portfolio, assuming nothing else is changed.
Moving against HIVE Stock
| 0.72 | CGL | CATLIN GROUP | PairCorr |
| 0.62 | SBC | Brompton Split Banc | PairCorr |
| 0.61 | LBS | Life Banc Split | PairCorr |
| 0.58 | LCS | Brompton Lifeco Split Split | PairCorr |
| 0.54 | ASA | ASA Gold | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HIVE Digital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
HIVE Digital Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between HIVE Digital and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of HIVE and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of HIVE Digital Technologies does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between HIVE Stock performing well and HIVE Digital Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze HIVE Digital's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BFC | 1.27 | 0.17 | 0.14 | 0.24 | 1.03 | 3.40 | 7.54 | |||
| CNOB | 1.28 | 0.13 | 0.09 | 0.20 | 1.16 | 3.61 | 10.00 | |||
| OCSL | 0.87 | (0.16) | 0.00 | (0.20) | 0.00 | 2.11 | 6.56 | |||
| BY | 1.14 | 0.22 | 0.15 | 0.35 | 0.98 | 2.72 | 7.39 | |||
| LU | 1.73 | (0.01) | (0.01) | 0.06 | 1.85 | 4.15 | 10.65 | |||
| PRA | 0.21 | 0.02 | (0.19) | (1.88) | 0.14 | 0.45 | 1.36 | |||
| WABC | 1.07 | 0.10 | 0.06 | 0.24 | 1.06 | 2.95 | 7.61 | |||
| QCRH | 1.14 | 0.21 | 0.16 | 0.32 | 1.04 | 2.83 | 8.45 | |||
| FSCO | 1.04 | (0.04) | 0.00 | 0.46 | 0.00 | 1.95 | 6.58 |
Cross Equities Net Income Analysis
Compare HIVE Digital Technologies and related stocks such as Bank First National, ConnectOne Bancorp, and Oaktree Specialty Lending Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BFC | 4.6 M | 8.5 M | 10.4 M | 11.6 M | 12.6 M | 13.4 M | 14.9 M | 15.3 M | 25.5 M | 26.7 M | 38 M | 45.4 M | 45.2 M | 74.5 M | 65.6 M | 71.5 M | 75.1 M |
| CNOB | 4 M | 13.9 M | 17.5 M | 19.9 M | 18.6 M | 41.3 M | 31.1 M | 43.2 M | 60.4 M | 73.4 M | 71.3 M | 130.4 M | 125.2 M | 87 M | 73.8 M | 80.4 M | 84.5 M |
| OCSL | 3.3 M | 79.4 M | 101.8 M | 112.5 M | 15.4 M | (66.6 M) | (197 M) | 46.8 M | 126.2 M | 39.2 M | 237.3 M | 29.2 M | 117.3 M | 57.9 M | 33.9 M | 39 M | 48.6 M |
| BY | (15 M) | (15 M) | (15 M) | (15 M) | (15 M) | (15 M) | 66.7 M | 21.7 M | 41.2 M | 57 M | 37.5 M | 92.8 M | 88 M | 107.9 M | 120.8 M | 130.1 M | 74.9 M |
| LU | 6 B | 6 B | 6 B | 6 B | 6 B | 6 B | 6 B | 6 B | 13.6 B | 13.3 B | 12.4 B | 16.8 B | 8.7 B | 886.9 M | 886.9 M | 798.2 M | 758.3 M |
| PRA | 17.5 M | 287.1 M | 275.5 M | 297.5 M | 196.6 M | 116.2 M | 151.1 M | 107.3 M | 47.1 M | 1 M | (175.7 M) | 144.1 M | (402 K) | (38.6 M) | 52.7 M | 60.7 M | 99 M |
| WABC | 5.4 M | 87.9 M | 81.1 M | 67.2 M | 60.6 M | 58.8 M | 58.9 M | 50 M | 71.6 M | 80.4 M | 80.4 M | 86.5 M | 122 M | 161.8 M | 138.6 M | 116.2 M | 73.1 M |
| QCRH | 700 K | 9.7 M | 12.6 M | 14.9 M | 15 M | 16.9 M | 27.7 M | 35.7 M | 43.1 M | 57.4 M | 60.6 M | 98.9 M | 99.1 M | 113.6 M | 113.8 M | 127.2 M | 133.6 M |
| FSCO | (155.7 M) | (155.7 M) | (155.7 M) | (155.7 M) | (155.7 M) | (155.7 M) | (155.7 M) | (155.7 M) | (155.7 M) | (155.7 M) | (155.7 M) | (155.7 M) | (155.7 M) | 242.9 M | 188.1 M | 216.3 M | 227.1 M |
HIVE Digital Technologies and related stocks such as Bank First National, ConnectOne Bancorp, and Oaktree Specialty Lending Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in HIVE Digital Technologies financial statement analysis. It represents the amount of money remaining after all of HIVE Digital Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.HIVE Digital Competitive Analysis
The better you understand HIVE Digital competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, HIVE Digital's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across HIVE Digital's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
HIVE Digital Competition Performance Charts
Five steps to successful analysis of HIVE Digital Competition
HIVE Digital's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by HIVE Digital Technologies in relation to its competition. HIVE Digital's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of HIVE Digital in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact HIVE Digital's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to HIVE Digital Technologies, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out HIVE Digital Correlation with its peers. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Will Asset Management & Custody Banks sector continue expanding? Could HIVE diversify its offerings? Factors like these will boost the valuation of HIVE Digital. Market participants price HIVE higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every HIVE Digital data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (1.00) | Earnings Share 0.23 | Revenue Per Share | Quarterly Revenue Growth 2.853 | Return On Assets |
Understanding HIVE Digital Technologies requires distinguishing between market price and book value, where the latter reflects HIVE's accounting equity. The concept of intrinsic value - what HIVE Digital's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push HIVE Digital's price substantially above or below its fundamental value.
Please note, there is a significant difference between HIVE Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if HIVE Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, HIVE Digital's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.