Algorand Crypto Beneish M Score

ALGO Crypto  USD 0.29  0.03  11.54%   
This module uses fundamental data of Algorand to approximate the value of its Beneish M Score. Algorand M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algorand. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Algorand's M Score is inapplicable. The earnings manipulation may begin if Algorand's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Algorand executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Algorand's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

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Asset Quality

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Expense Coverage

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Gross Margin Strengs

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Accruals Factor

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Depreciation Resistance

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Net Sales Growth

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Financial Leverage Condition

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About Algorand Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Algorand's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Algorand using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Algorand based on its fundamental data. In general, a quantitative approach, as applied to this cryptocurrency, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Algorand offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Algorand's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Algorand Crypto.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algorand. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Please note, there is a significant difference between Algorand's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Algorand value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Algorand's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.