Space Crypto One Year Return

ID Crypto  USD 0.77  0.01  1.32%   
SPACE fundamentals help investors to digest information that contributes to SPACE's financial success or failures. It also enables traders to predict the movement of SPACE Crypto Coin. The fundamental analysis module provides a way to measure SPACE'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 SPACE crypto coin.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SPACE Cryptocurrency One Year Return Analysis

SPACE's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About One Year Return | All Equity Analysis
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Based on the recorded statements, SPACE has an One Year Return of 0.0%. This indicator is about the same for the Blockchain average (which is currently at 0.0) sector and about the same as Cryptocurrency (which currently averages 0.0) industry. This indicator is about the same for all United States cryptos average (which is currently at 0.0).

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About SPACE Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SPACE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPACE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPACE 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.
Some cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SPACE in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.

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When determining whether SPACE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPACE'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 Space Crypto.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPACE. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the SPACE information on this page should be used as a complementary analysis to other SPACE'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 the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Please note, there is a significant difference between SPACE's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine SPACE 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, SPACE's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.