Algorand Financials

ALGO
 Crypto
  

USD 0.36  0.01  2.86%   

We suggest to use Algorand fundamental analysis to find out if markets are presently mispricing the crypto. Put another way you can use it to find out if Algorand is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze and collect data for zero available fundamental indicators for Algorand, which can be compared to its rivals. Use Algorand to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The crypto experiences an unexpected upward trend. Watch out for market signals. Check odds of Algorand to be traded at $0.432 in 90 days.
  
With this module, you can analyze Algorand financials for your investing period. You should be able to track the changes in Algorand individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Algorand Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Algorand's financial statements are interrelated, with each one affecting the others. For example, an increase in Algorand's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Over 59
Algorand has more than 59 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Algorand crypto coin is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Algorand's official financial statements usually reflect Algorand's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Algorand. For example, before you start analyzing numbers published by Algorand accountants, it's critical to develop an understanding of what Algorand's liquidity, profitability, and earnings quality are in the context of the Blockchain space in which it operates.
Please note, the presentation of Algorand's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Algorand's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Algorand's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Algorand. Please utilize our Beneish M Score to check the likelihood of Algorand's management to manipulate its earnings.

Algorand Company Summary

Algorand competes with Ethereum, XRP, Solana, Cardano, and Polkadot. Algorand is peer-to-peer digital currency powered by the Blockchain technology.
Exchange TypeCRYPTO Exchanges
ExchangeOthers
BenchmarkDOW
CurrencyUSD - US Dollar

Algorand Systematic Risk

Algorand's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Algorand volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-one with a total number of output elements of thirty. The Beta measures systematic risk based on how returns on Algorand correlated with the market. If Beta is less than 0 Algorand generally moves in the opposite direction as compared to the market. If Algorand Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Algorand is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Algorand is generally in the same direction as the market. If Beta > 1 Algorand moves generally in the same direction as, but more than the movement of the benchmark.
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About Algorand Financials

What exactly are Algorand Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Algorand's income statement, its balance sheet, and the statement of cash flows. Potential Algorand investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Algorand investors may use each financial statement separately, they are all related. The changes in Algorand's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Algorand's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Algorand is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Algorand has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Algorand October 1, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Algorand help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Algorand. We use our internally-developed statistical techniques to arrive at the intrinsic value of Algorand based on widely used predictive technical indicators. In general, we focus on analyzing Algorand Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Algorand's daily price indicators and compare them against related drivers.
Downside Deviation5.83
Information Ratio0.0887
Maximum Drawdown19.08
Value At Risk(9.09)
Potential Upside6.9
Please continue to Trending Equities. Note that the Algorand information on this page should be used as a complementary analysis to other Algorand's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Other Tools for Algorand Crypto Coin

When running Algorand price analysis, check to measure Algorand's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Algorand is operating at the current time. Most of Algorand's value examination focuses on studying past and present price actions to predict the probability of Algorand's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Algorand's coin price. Additionally, you may evaluate how adding Algorand to your portfolios can decrease your overall portfolio volatility.
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