Illuvium Financials
| ILV Crypto | USD 40.86 0.15 0.37% |
With this module, you can analyze Illuvium financials for your investing period. You should be able to track the changes in Illuvium individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Illuvium |
Understanding current and past Illuvium Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Illuvium's financial statements are interrelated, with each one affecting the others. For example, an increase in Illuvium's assets may result in an increase in income on the income statement.
Evaluating Illuvium's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance.
Chance Of Distress
Less than 1
100 | 0 |
Illuvium has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Illuvium crypto coin is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
More InfoThe data published in Illuvium's official financial statements usually reflect Illuvium's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Illuvium. For example, before you start analyzing numbers published by Illuvium accountants, it's critical to develop an understanding of what Illuvium's liquidity, profitability, and earnings quality are in the context of the Blockchain space in which it operates.
Please note, the presentation of Illuvium's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Illuvium's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Illuvium's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Illuvium. Please utilize our Beneish M Score to check the likelihood of Illuvium's management manipulating its earnings.
Illuvium Company Summary
Illuvium competes with XRP, Staked Ether, Solana, OKB, and Arbitrum. Illuvium is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | NYSE Composite |
| Currency | USD - US Dollar |
Illuvium Systematic Risk
Illuvium's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Illuvium volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Illuvium correlated with the market. If Beta is less than 0 Illuvium generally moves in the opposite direction as compared to the market. If Illuvium Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Illuvium is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Illuvium is generally in the same direction as the market. If Beta > 1 Illuvium moves generally in the same direction as, but more than the movement of the benchmark..
About Illuvium Financials
What exactly are Illuvium Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Illuvium's income statement, its balance sheet, and the statement of cash flows. Potential Illuvium investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Illuvium investors may use each financial statement separately, they are all related. The changes in Illuvium's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Illuvium's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Illuvium Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Illuvium is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Illuvium has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Illuvium's financials are consistent with your investment objective using the following steps:- Review Illuvium's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Illuvium's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Illuvium's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Illuvium's stock is overvalued or undervalued.
Illuvium September 21, 2023 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Illuvium help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Illuvium. We use our internally-developed statistical techniques to arrive at the intrinsic value of Illuvium based on widely used predictive technical indicators. In general, we focus on analyzing Illuvium Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Illuvium's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 17.07 | |||
| Value At Risk | (5.33) | |||
| Potential Upside | 6.12 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illuvium. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Illuvium Crypto Coin analysis
When running Illuvium's price analysis, check to measure Illuvium's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Illuvium is operating at the current time. Most of Illuvium's value examination focuses on studying past and present price actions to predict the probability of Illuvium's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Illuvium's coin price. Additionally, you may evaluate how adding Illuvium to your portfolios can decrease your overall portfolio volatility.
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