Avanza Bank vs HIVE Blockchain Technologies Which Is More Lucrative?
Avanza Bank and HIVE Blockchain Technologies are two promising investment options in the financial market. Avanza Bank, a leading online bank in Sweden, offers a range of banking and investment services to its customers. On the other hand, HIVE Blockchain Technologies is a cryptocurrency mining company that specializes in the mining of Bitcoin and Ethereum. Both stocks have shown strong growth potential in recent years, making them attractive choices for investors looking to diversify their portfolios. However, each comes with its own set of risks and rewards, making a comparison between the two essential for investors looking to make informed decisions.
Avanza Bank or HIVE Blockchain Technologies?
When comparing Avanza Bank and HIVE Blockchain Technologies, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Avanza Bank and HIVE Blockchain Technologies.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Avanza Bank has a dividend yield of 4.27%, while HIVE Blockchain Technologies has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Avanza Bank reports a 5-year dividend growth of -6.51% year and a payout ratio of 85.01%. On the other hand, HIVE Blockchain Technologies reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Avanza Bank P/E ratio at 19.89 and HIVE Blockchain Technologies's P/E ratio at -30.54. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Avanza Bank P/B ratio is 7.43 while HIVE Blockchain Technologies's P/B ratio is 1.62.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Avanza Bank has seen a 5-year revenue growth of 2.43%, while HIVE Blockchain Technologies's is 5.25%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Avanza Bank's ROE at 36.91% and HIVE Blockchain Technologies's ROE at -5.96%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are kr265.80 for Avanza Bank and $3.77 for HIVE Blockchain Technologies. Over the past year, Avanza Bank's prices ranged from kr201.90 to kr284.80, with a yearly change of 41.06%. HIVE Blockchain Technologies's prices fluctuated between $2.18 and $5.74, with a yearly change of 163.30%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.