HIVE Blockchain Stock Forecast - Day Typical Price

HIVE Stock  USD 3.39  0.15  4.24%   
HIVE Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast HIVE Blockchain stock prices and determine the direction of HIVE Blockchain Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of HIVE Blockchain's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of November 5, 2024, Inventory Turnover is expected to decline to 0.82. In addition to that, Payables Turnover is expected to decline to 15.08. The current year's Common Stock Shares Outstanding is expected to grow to about 94.5 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 96.1 M.
HIVE Blockchain Technologies has current Day Typical Price of 3.42. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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HIVE Blockchain Trading Date Momentum

On November 04 2024 HIVE Blockchain Technologies was traded for  3.39  at the closing time. The top price for the day was 3.51  and the lowest listed price was  3.37 . The trading volume for the day was 2.8 M. The trading history from November 4, 2024 did not cause price change. The trading delta at closing time against the current closing price is 3.24% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for HIVE Blockchain

For every potential investor in HIVE, whether a beginner or expert, HIVE Blockchain's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HIVE Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HIVE. Basic forecasting techniques help filter out the noise by identifying HIVE Blockchain's price trends.

HIVE Blockchain Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HIVE Blockchain stock to make a market-neutral strategy. Peer analysis of HIVE Blockchain could also be used in its relative valuation, which is a method of valuing HIVE Blockchain by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

HIVE Blockchain Tech Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of HIVE Blockchain's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of HIVE Blockchain's current price.

HIVE Blockchain Market Strength Events

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 Risk Indicators

The analysis of HIVE Blockchain's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in HIVE Blockchain's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hive stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
Check out Historical Fundamental Analysis of HIVE Blockchain to cross-verify your projections.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.
Quarterly Earnings Growth
2.217
Earnings Share
(0.35)
Revenue Per Share
1.274
Quarterly Revenue Growth
0.368
Return On Assets
(0.09)
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.