MIND Stock Price on April 6, 2023
| MNDO Stock | USD 1.88 0.01 0.53% |
Below is the normalized historical share price chart for MIND CTI extending back to August 08, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of MIND CTI stands at 1.88, as last reported on the 30th of September, with the highest price reaching 1.90 and the lowest price hitting 1.87 during the day.
If you're considering investing in MIND Stock, it is important to understand the factors that can impact its stock price. MIND CTI has Sharpe Ratio of -0.11, which conveys that the firm had -0.11% of return per unit of volatility over the last 3 months. Our approach towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. MIND CTI exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please verify MIND CTI risk adjusted performance of (0.048219), and Mean Deviation of 0.563 to check out the risk estimate we provide.
As of 30th of September 2023, Net Income Common Stock is likely to grow to about 5.6 M. As of 30th of September 2023, Price to Book Value is likely to grow to 2.22. Also, Price to Earnings Ratio is likely to grow to 8.66. MIND Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of August 2000 | 200 Day MA 2.0514 | 50 Day MA 1.9168 | Beta 0.7718 |
| Housing Bubble | Yuan Drop | Covid |
MIND |
Sharpe Ratio = -0.1093
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| Negative Returns | MNDO |
Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MIND CTI is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MIND CTI by adding MIND CTI to a well-diversified portfolio.
Price Book 1.9303 | Enterprise Value Ebitda 4.5317 | Price Sales 1.9334 | Shares Float 16.9 M | Earnings Share 0.24 |
MIND CTI Main Headline on 6th of April 2023
MIND CTI dividend paid on 6th of April 2023 |
MIND CTI Valuation on April 6, 2023
It is possible to determine the worth of MIND CTI on a given historical date. On April 6, 2023 MIND was worth 1.9 at the beginning of the trading date compared to the closed value of 1.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MIND CTI stock. Still, in general, we apply an absolute valuation method to find MIND CTI's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of MIND CTI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MIND CTI's related companies.
| Open | High | Low | Close | Volume | |
| 1.93 | 1.94 | 1.90 | 1.91 | 52,095 | |
04/06/2023 | 1.90 | 1.94 | 1.90 | 1.92 | 121,999 |
| 1.95 | 2.11 | 1.95 | 2.03 | 122,475 |
| Backtest MIND CTI | | | MIND CTI History | | | MIND CTI Valuation | Previous | Next |
MIND CTI Trading Date Momentum on April 6, 2023
| On April 10 2023 MIND CTI was traded for 2.03 at the closing time. The top price for the day was 2.11 and the lowest listed price was 1.95 . The trading volume for the day was 122.5 K. The trading history from April 10, 2023 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 5.73% . The trading delta at closing time against the current closing price is 1.04% . |
MIND CTI Fundamentals Correlations and Trends
By evaluating MIND CTI's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MIND CTI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MIND financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MIND CTI Stock history
MIND CTI investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for MIND is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MIND CTI will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing MIND CTI stock prices may prove useful in developing a viable investing in MIND CTI
| Last Reported | Projected for 2023 | ||
| Weighted Average Shares | 20.1 M | 21.8 M | |
| Weighted Average Shares Diluted | 20.4 M | 22.1 M | |
| Issuance Purchase of Equity Shares | 35.1 K | 36 K |
MIND CTI Quarterly Market Capitalization |
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MIND CTI Stock Technical Analysis
MIND CTI technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
MIND CTI Period Price Range
Low | April 6, 2023 | High |
1.90 | 1.92 |
| 0.02 | 1.05% |
MIND CTI September 30, 2023 Market Strength
Market strength indicators help investors to evaluate how MIND CTI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MIND CTI shares will generate the highest return on investment. By undertsting and applying MIND CTI stock market strength indicators, traders can identify MIND CTI entry and exit signals to maximize returns
| Accumulation Distribution | 2515.44 | |||
| Daily Balance Of Power | 0.5 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 1.92 | |||
| Day Typical Price | 1.92 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | (0.04) |
MIND CTI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MIND stock's direction in advance. Along with the technical and fundamental analysis of MIND Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MIND to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.048219) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.040705) | |||
| Treynor Ratio | (1.10) |
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| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIND CTI. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide. Note that the MIND CTI information on this page should be used as a complementary analysis to other MIND CTI'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for MIND Stock analysis
When running MIND CTI's price analysis, check to measure MIND CTI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MIND CTI is operating at the current time. Most of MIND CTI's value examination focuses on studying past and present price action to predict the probability of MIND CTI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MIND CTI's price. Additionally, you may evaluate how the addition of MIND CTI to your portfolios can decrease your overall portfolio volatility.
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Is MIND CTI's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MIND CTI. If investors know MIND will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MIND CTI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Earnings Share 0.24 | Revenue Per Share 1.061 | Quarterly Revenue Growth 0.003 | Return On Assets 0.1048 |
The market value of MIND CTI is measured differently than its book value, which is the value of MIND that is recorded on the company's balance sheet. Investors also form their own opinion of MIND CTI's value that differs from its market value or its book value, called intrinsic value, which is MIND CTI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MIND CTI's market value can be influenced by many factors that don't directly affect MIND CTI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MIND CTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if MIND CTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MIND CTI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.