What is HIVE Blockchain Buy or Sell 2024 forecast | HIVE Blockchain - Macroaxis (2024)

Execute HIVE Blockchain Buy or Sell Advice

The HIVE recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on HIVE Blockchain Technologies. Macroaxis does not own or have any residual interests in HIVE Blockchain Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute HIVE Blockchain's advice using the current market data and latest reported fundamentals.

Hold

	Market Performance	Very Weak	Details
	Volatility	Very risky	Details
	Hype Condition	Stale	Details
	Current Valuation	Undervalued	Details
	Odds Of Distress	Low	Details
	Economic Sensitivity	Hyperactively responds to market trends	Details
	Investor Sentiment	Interested	Details
	Analyst Consensus	Strong Buy	Details
	Financial Strenth (F Score)	Frail	Details
	Financial Leverage	Not Rated	Details
	Reporting Quality (M-Score)	Unlikely Manipulator	Details

For the selected time horizon HIVE Blockchain Technologies has a Risk Adjusted Performance of 0.0314, Jensen Alpha of (0.25), Total Risk Alpha of (0.63), Sortino Ratio of 0.0109 and Treynor Ratio of 0.0406

We provide advice to complement the regular expert consensus on HIVE Blockchain. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available now. To make sure HIVE Blockchain Technologies is not overpriced, please check out all HIVE Blockchain fundamentals, including its current ratio, beta, and the relationship between the cash and equivalents and earnings per share . Given that HIVE Blockchain Tech has a price to earning of 7.93X, we strongly advise you to confirm HIVE Blockchain Tech market performance and probability of bankruptcy to ensure the company can sustain itself next year given your regular risk tolerance and investing horizon.

HIVE Blockchain Trading Alerts and Improvement Suggestions

HIVE Blockchain Returns Distribution Density

The distribution of HIVE Blockchain's historical returns is an attempt to chart the uncertainty of HIVE Blockchain's future price movements. The chart of the probability distribution of HIVE Blockchain daily returns describes the distribution of returns around its average expected value. We use HIVE Blockchain Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of HIVE Blockchain returns is essential to provide solid investment advice for HIVE Blockchain.

Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of HIVE Blockchain historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

HIVE Stock Institutional Investors

Note, although HIVE Blockchain's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

HIVE Blockchain Cash Flow Accounts

HIVE Blockchain Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to HIVE Blockchain or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that HIVE Blockchain's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a HIVE stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.

HIVE Blockchain Volatility Alert

HIVE Blockchain Technologies is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure HIVE Blockchain's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact HIVE Blockchain's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

HIVE Blockchain Implied Volatility

HIVE Blockchain's implied volatility exposes the market's sentiment of HIVE Blockchain Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if HIVE Blockchain's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that HIVE Blockchain stock will not fluctuate a lot when HIVE Blockchain's options are near their expiration.

HIVE Blockchain Fundamentals Vs Peers

Comparing HIVE Blockchain's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze HIVE Blockchain's direct or indirect competition across all of the common fundamentals between HIVE Blockchain and the related equities. This way, we can detect undervalued stocks with similar characteristics as HIVE Blockchain or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of HIVE Blockchain's fundamental indicators could also be used in its relative valuation, which is a method of valuing HIVE Blockchain by comparing valuation metrics with those of similar companies.

Note: Disposition of 1616 shares by Ritchie John of HIVE Blockchain at 5.09 subject to Rule 16b-3 [view details]

HIVE Blockchain Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as HIVE . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About HIVE Blockchain Buy or Sell Advice

When is the right time to buy or sell HIVE Blockchain Technologies? Buying financial instruments such as HIVE Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.

Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having HIVE Blockchain in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Additional Information and Resources on Investing in HIVE Stock

When determining whether HIVE Blockchain Tech is a strong investment it is important to analyze HIVE Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HIVE Blockchain's future performance. For an informed investment choice regarding HIVE Stock, refer to the following important reports:

Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HIVE Blockchain. If investors know HIVE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HIVE Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of HIVE Blockchain Tech is measured differently than its book value, which is the value of HIVE that is recorded on the company's balance sheet. Investors also form their own opinion of HIVE Blockchain's value that differs from its market value or its book value, called intrinsic value, which is HIVE Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HIVE Blockchain's market value can be influenced by many factors that don't directly affect HIVE Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between HIVE Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if HIVE Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIVE Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.