Magic Eden Crypto Beneish M Score
| ME Crypto | USD 3.35 0.02 0.59% |
Magic |
At this time, Magic Eden's M Score is inapplicable. The earnings manipulation may begin if Magic Eden'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 Magic Eden 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 Magic Eden'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
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About Magic Eden Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magic Eden's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magic Eden using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magic Eden 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.| BTC | Bitcoin | |
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| BNB | Binance Coin |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Eden. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.