Icon Project Crypto Beneish M Score

ICX Crypto  USD 0.21  0.01  4.55%   
This module uses fundamental data of ICON Project to approximate the value of its Beneish M Score. ICON Project 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON Project. 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, ICON Project's M Score is inapplicable. The earnings manipulation may begin if ICON Project'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 ICON Project 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 ICON Project'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 ICON Project Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ICON Project's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ICON Project using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ICON Project 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ICON Project offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICON Project'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 Icon Project Crypto.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON Project. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Please note, there is a significant difference between ICON Project's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine ICON Project 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, ICON Project's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.