Hive Price Analysis Using SPSS

One noticeable change in HIVE is that of its
price. In November the price of HIVE is estimated within the range of 30 cents but in mid-December it has dropped down to 28 cents. It isn’t only price of HIVE been affected but other ALT coins are also passing through the bear period.

The analysis of HIVE showing its price in the last two months of the year is been presented in this article and considered under the following subtitles.

Line graph of HIVE price

The line graph above presents the price of HIVE with dates as line plot. It can be seen from the graph that a steep slope pointing to December 17 indicates the price of HIVE fell below 30 cents.

It is also visible that the dates are not arranged in proper format as SPSS tries to find the mean plot of the price. More details of this can be seen in the bar char below.

Bar chart showing the price of HIVE

The bar chart is not different from the line graph, it represent information in bars, it shows that the good days where we say HIVE is profitable for selling which was during the first week of November. All though it was still regarded as dip but the price was a bit below 50 cents.

Maximum and minimum price of HIVE

The maximum and minimum prices of HIVE during the period were $0.5037 and $0.2859 respectively.

Details as regard are displayed in the table below. The mean price of HIVE for the stated period was $0.3711.

Boxplot of HIVE price

The boxplot of HIVE price shows the range of price between November to December in 2022.

The point of intersection represented by a star indicates the extreme price of HIVE in the preceding month of October 2022.
The normal price of HIVE in November and December is shown from the box whiskers below. It is also visualized the presence of intersection points below the box whisker which indicates an extremely low value for hive price.

Other images

Conclusion

This article presented the analysis of HIVE price using SPSS. It indicates that the price of HIVE is still on the low side which indicates the best time to accumulate some HIVE for the future. There has also been a significant change in the price of HIVE in December which stooped down to 28 cents.