Algorand Financial Statements From 2010 to 2022

ALGO
 Crypto
  

USD 0.35  0.01  2.78%   

Algorand financial statements provide useful quarterly and yearly information to potential Algorand investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Algorand financial statements helps investors assess Algorand's valuation, profitability, and current liquidity needs.
Algorand does not presently have any fundamental signals for analysis.
.
  
Check Algorand financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Algorand main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Algorand financial statements analysis is a perfect complement when working with Algorand Valuation or Volatility modules. It can also supplement various Algorand Technical models . Please continue to the analysis of Ethereum" title = "Algorand Correlation">Algorand Correlation against competitors.
No active fundamentals found

About Algorand Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Algorand income statement, its balance sheet, and the statement of cash flows. Algorand investors use historical funamental indicators, such as Algorand's revenue or net income, 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. We offer a historical overview of the basic patterns found on Algorand Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Algorand. Please read more on our technical analysis and fundamental analysis pages.
Algorand is peer-to-peer digital currency powered by the Blockchain technology.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Algorand without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Theme Ratings Now

   

Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Pair Trading with Algorand

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Algorand position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Algorand will appreciate offsetting losses from the drop in the long position's value.

Moving together with Algorand

+0.77XRPXRPPairCorr
The ability to find closely correlated positions to Algorand could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Algorand when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Algorand - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Algorand to buy it.
The correlation of Algorand is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Algorand moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Algorand moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Algorand can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Algorand Correlation against competitors. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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.
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go