Hive Blockchain Technologies Stock Price on June 12, 2024

HIVE Stock  CAD 5.20  0.31  5.63%   
Below is the normalized historical share price chart for HIVE Blockchain Technologies extending back to January 05, 1988. 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 5.20, as last reported on the 27th of November, with the highest price reaching 5.56 and the lowest price hitting 5.14 during the day.
200 Day MA
4.4844
50 Day MA
5.0456
Beta
4.24
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 risky, given 3 months investment horizon. HIVE Blockchain Tech holds Efficiency (Sharpe) Ratio of 0.0799, which attests that the entity had a 0.0799% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for HIVE Blockchain Tech, which you can use to evaluate the volatility of the firm. Please utilize HIVE Blockchain's risk adjusted performance of 0.0776, and Market Risk Adjusted Performance of 0.2985 to validate if our risk estimates are consistent with your expectations.
  
At this time, HIVE Blockchain's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 94.5 M in 2024, whereas Stock Based Compensation is likely to drop slightly above 3.8 M in 2024. . At this time, HIVE Blockchain's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.08 in 2024, whereas Price Book Value Ratio is likely to drop 0.76 in 2024. HIVE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0799

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Estimated Market Risk

 5.95
  actual daily
52
52% of assets are less volatile

Expected Return

 0.47
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average HIVE Blockchain is performing at about 6% 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
1.8953
Enterprise Value Ebitda
9.498
Price Sales
5.7796
Shares Float
118.3 M
Wall Street Target Price
9.36

HIVE Blockchain Valuation on June 12, 2024

It is possible to determine the worth of HIVE Blockchain on a given historical date. On June 12, 2024 HIVE was worth 4.07 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
  3.82    3.96    3.58    3.93    1,000,100  
06/12/2024
  4.07    4.29    4.07    4.07    1,096,000  
  4.10    4.38    4.02    4.36    949,500  
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Open Value
4.07
4.07
Closing Value
21.91
Upside

HIVE Blockchain Trading Date Momentum on June 12, 2024

On June 13 2024 HIVE Blockchain Technologies was traded for  4.36  at the closing time. The maximum traded price for the trading interval was 4.38  and the lowest daily price was  4.02 . The daily volume was recorded at 949.5 K. The volume of trading on 13th of June 2024 played a part in the next trading day price increase. The trading delta at closing time to the next closing price was 7.13% . The trading delta at closing time to the closing price today is 1.72% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding90 M94.5 M
Net Income Applicable To Common Shares91.6 M96.1 M

HIVE Blockchain Quarterly Net Working Capital

166.89 Million

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.
A focus of HIVE Blockchain technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HIVE Blockchain trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

HIVE Blockchain Period Price Range

Low
November 27, 2024
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High

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HIVE Blockchain Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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 27, 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.

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.