API3 Financials

API3
 Crypto
  

USD 1.59  0.07  4.22%   

We suggest to use analysis of API3 fundamentals to see if markets are today mispricing the crypto. We were able to collect and analyze data for zero available fundamental indicators for API3, which can be compared to its rivals. Use API3 to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The crypto experiences a very speculative upward sentiment. Check odds of API3 to be traded at $1.5105 in 90 days.
  
With this module, you can analyze API3 financials for your investing period. You should be able to track the changes in API3 individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past API3 Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of API3's financial statements are interrelated, with each one affecting the others. For example, an increase in API3's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 31
API3 has less than 31 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for API3 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 API3's official financial statements usually reflect API3'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 API3. For example, before you start analyzing numbers published by API3 accountants, it's critical to develop an understanding of what API3's liquidity, profitability, and earnings quality are in the context of the Blockchain space in which it operates.
Please note, the presentation of API3'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, API3's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in API3's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of API3. Please utilize our Beneish M Score to check the likelihood of API3's management to manipulate its earnings.

API3 Company Summary

API3 competes with XRP, Solana, Polkadot, Chainlink, and Polygon. API3 is peer-to-peer digital currency powered by the Blockchain technology.
Exchange TypeCRYPTO Exchanges
ExchangeOthers
BenchmarkDOW
CurrencyUSD - US Dollar

API3 Systematic Risk

API3's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. API3 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on API3 correlated with the market. If Beta is less than 0 API3 generally moves in the opposite direction as compared to the market. If API3 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one API3 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of API3 is generally in the same direction as the market. If Beta > 1 API3 moves generally in the same direction as, but more than the movement of the benchmark.
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About API3 Financials

What exactly are API3 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 API3's income statement, its balance sheet, and the statement of cash flows. Potential API3 investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although API3 investors may use each financial statement separately, they are all related. The changes in API3's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on API3'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 API3 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 API3 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.

API3 September 29, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of API3 help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of API3. We use our internally-developed statistical techniques to arrive at the intrinsic value of API3 based on widely used predictive technical indicators. In general, we focus on analyzing API3 Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build API3's daily price indicators and compare them against related drivers.
Downside Deviation6.26
Information Ratio0.0925
Maximum Drawdown36.08
Value At Risk(9.71)
Potential Upside11.72
Please continue to Trending Equities. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

Other Tools for API3 Crypto Coin

When running API3 price analysis, check to measure API3's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy API3 is operating at the current time. Most of API3's value examination focuses on studying past and present price actions to predict the probability of API3's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move API3's coin price. Additionally, you may evaluate how adding API3 to your portfolios can decrease your overall portfolio volatility.
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