Starting with some number, you can generate the hailstone sequence from it. In the case of 3, the (finite) hailstone sequence of it is $[3,10,5,16,8,4,2,1]$. Placing them in a continued fraction like so: $$1+\frac{1}{2+\frac{1}{4+\frac{1}{8+\frac{1}{16+\frac{1}{5+\frac{1}{10+\frac{1}{3}}}}}}}$$ you will end up with some number. Doing this for many values, you mostly end up with a certain number* and sometimes another, very similar number. I find it likely that there are either only two values or a potentially infinite number of values. If there are many values they are very, very close to the existing values. So my question could be currently impossible since the Collatz Conjecture is still unproven. If this is the case, my question is: What are these values? I have created a computer program to test many, many values, approximately the first twelve thousand.
*This whole thing kinda ignores very small hailstone lengths.

The only thing it tells us if the fraction varies a lot for two hailstone sequences is a rough indication of how many powers of $2$ there were at the end of the sequence.
– Jack Crawford Jun 18 '19 at 01:18