Hive Digital Technologies Stock Analysis
| HIVE Stock | CAD 3.05 0.01 0.33% |
HIVE Digital Technologies is undervalued with Real Value of 3.54 and Hype Value of 3.02. The main objective of HIVE Digital stock analysis is to determine its intrinsic value, which is an estimate of what HIVE Digital Technologies is worth, separate from its market price. There are two main types of HIVE Digital's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect HIVE Digital's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of HIVE Digital's stock to identify patterns and trends that may indicate its future price movements.
The HIVE Digital stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. HIVE Digital is usually not traded on Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day. HIVE Stock trading window is adjusted to America/Toronto timezone.
HIVE |
HIVE Stock Analysis Notes
About 16.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.09. Some equities with similar Price to Book (P/B) outperform the market in the long run. HIVE Digital Technologies recorded a loss per share of 0.03. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 24th of May 2022. 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. To learn more about HIVE Digital Technologies call Aydin Kilic at 604-664-1078 or check out https://hivedigitaltechnologies.com.HIVE Digital Technologies Investment Alerts
HIVE Digital Thematic Classifications
In addition to having HIVE Digital stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | ITInformation technology and IT services |
HIVE Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 621.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HIVE Digital's market, we take the total number of its shares issued and multiply it by HIVE Digital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.HIVE Profitablity
HIVE Digital's profitability indicators refer to fundamental financial ratios that showcase HIVE Digital's ability to generate income relative to its revenue or operating costs. If, let's say, HIVE Digital is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, HIVE Digital's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of HIVE Digital's profitability requires more research than a typical breakdown of HIVE Digital's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.03) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.49 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.49. Technical Drivers
As of the 19th of July, HIVE Digital retains the risk adjusted performance of 0.1464, and Market Risk Adjusted Performance of 0.7647. HIVE Digital 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 Digital Technologies maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if HIVE Digital is priced correctly, providing market reflects its last-minute price of 3.05 per share.HIVE Digital Technologies Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Simple Moving Average indicator is calculated by adding the closing price of HIVE Digital for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out HIVE Digital Technologies short-term fluctuations and highlight longer-term trends or cycles.
HIVE Digital Outstanding Bonds
HIVE Digital issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. HIVE Digital Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most HIVE bonds can be classified according to their maturity, which is the date when HIVE Digital Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
HIVE Digital Predictive Daily Indicators
HIVE Digital intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of HIVE Digital stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
HIVE Digital Forecast Models
HIVE Digital's time-series forecasting models are one of many HIVE Digital's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary HIVE Digital's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About HIVE Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how HIVE Digital prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling HIVE shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as HIVE Digital. By using and applying HIVE Stock analysis, traders can create a robust methodology for identifying HIVE entry and exit points for their positions.
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.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding HIVE Digital to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for HIVE Stock Analysis
When running HIVE Digital's price analysis, check to measure HIVE Digital'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 Digital is operating at the current time. Most of HIVE Digital's value examination focuses on studying past and present price action to predict the probability of HIVE Digital'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 Digital's price. Additionally, you may evaluate how the addition of HIVE Digital to your portfolios can decrease your overall portfolio volatility.