Alephium Crypto Price To Book
ALPH Crypto | 1.16 0.19 14.07% |
Alephium fundamentals help investors to digest information that contributes to Alephium's financial success or failures. It also enables traders to predict the movement of Alephium Crypto Coin. The fundamental analysis module provides a way to measure Alephium's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alephium crypto coin.
Alephium |
Alephium Cryptocurrency Price To Book Analysis
Alephium's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Based on the latest financial disclosure, Alephium has a Price To Book of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Price To Book (which currently averages 0.0) industry. This indicator is about the same for all United States cryptos average (which is currently at 0.0).
Did you try this?
Run Pair Correlation Now
Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
All Next | Launch Module |
About Alephium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alephium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alephium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alephium 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.
Also Currently Popular
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.BTC | Bitcoin | |
TRX | TRON | |
BNB | Binance Coin |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alephium. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Please note, there is a significant difference between Alephium's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Alephium 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, Alephium's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.