Cardano Financials

ADA
 Crypto
  

USD 0.53  0.01  1.85%   

We suggest to use Cardano analysis to find out if markets are presently mispricing the crypto. We were able to break down zero available fundamental indicators for Cardano, which can be compared to its rivals. Use Cardano to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The crypto experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Cardano to be traded at $0.5141 in 90 days.
  
With this module, you can analyze Cardano financials for your investing period. You should be able to track the changes in Cardano individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Cardano Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cardano's financial statements are interrelated, with each one affecting the others. For example, an increase in Cardano's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Over 58
Cardano has more than 58 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Cardano 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 Cardano's official financial statements usually reflect Cardano'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 Cardano. For example, before you start analyzing numbers published by Cardano accountants, it's critical to develop an understanding of what Cardano's liquidity, profitability, and earnings quality are in the context of the Blockchain space in which it operates.
Please note, the presentation of Cardano'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, Cardano's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Cardano's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cardano. Please utilize our Beneish M Score to check the likelihood of Cardano's management to manipulate its earnings.

Cardano Company Summary

Cardano competes with Avalanche, Near, Cronos, Internet Computer, and Cosmos. Cardano is peer-to-peer digital currency powered by the Blockchain technology. Designed and developed byIOHK in conjunction with the University of Edinburgh, the University of Athens and the University of Connecticut, Cardano SL is a Proof of Stake cryptocurrencybased on the Haskell implementation of the white paper Ouroboros A Provably Secure Proof of Stake Blockchain Protocol by Aggelos Kiayias, Alexander Russell, Bernardo David and Roman Oliynykov.Blockchain data provided byBlockchairTelegram Discord Facebook Instagram YouTube LinkedIn Meetup GitHub Reddit Medium
Exchange TypeCRYPTO Exchange
ExchangeOthers
BenchmarkDOW
CurrencyUSD - US Dollar

Cardano Systematic Risk

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

What exactly are Cardano 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 Cardano's income statement, its balance sheet, and the statement of cash flows. Potential Cardano investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Cardano investors may use each financial statement separately, they are all related. The changes in Cardano's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cardano'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 that you should keep in mind 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 year after year 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 Cardano 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 try and figure out 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 net revenue of Cardano 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 grown 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.

Cardano Thematic Clasifications

Cardano is part of USD Crypto Fund investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Cryptocurrency traded in US dollars. Fund from digital currency traded on multiple global exchanges in US dollors.
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This theme covers Cryptocurrency traded in US dollars. Fund from digital currency traded on multiple global exchanges in US dollors. . Get More Thematic Ideas

Cardano August 13, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cardano help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cardano. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cardano based on widely used predictive technical indicators. In general, we focus on analyzing Cardano Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cardano's daily price indicators and compare them against related drivers.
Downside Deviation7.12
Information Ratio0.0268
Maximum Drawdown49.68
Value At Risk(12.50)
Potential Upside8.51
Please continue to Trending Equities. Note that the Cardano information on this page should be used as a complementary analysis to other Cardano'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 Global Correlations module to find global opportunities by holding instruments from different markets.

Other Tools for Cardano Crypto Coin

When running Cardano price analysis, check to measure Cardano's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cardano is operating at the current time. Most of Cardano's value examination focuses on studying past and present price action to predict the probability of Cardano's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cardano's price. Additionally, you may evaluate how the addition of Cardano to your portfolios can decrease your overall portfolio volatility.
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