Mind Other Liab vs Net Working Capital Analysis
| MNMD Stock | USD 8.52 0.06 0.71% |
Mind MedicineInc financial indicator trend analysis is infinitely more than just investigating Mind MedicineInc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mind MedicineInc is a good investment. Please check the relationship between Mind MedicineInc Other Liab and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind MedicineInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
Other Liab vs Net Working Capital
Other Liab vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mind MedicineInc Other Liab account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mind MedicineInc's Other Liab and Net Working Capital is -0.48. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Mind MedicineInc, assuming nothing else is changed. The correlation between historical values of Mind MedicineInc's Other Liab and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Mind MedicineInc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Other Liab i.e., Mind MedicineInc's Other Liab and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.48 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Liab
Net Working Capital
Most indicators from Mind MedicineInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mind MedicineInc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind MedicineInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.The current year's Enterprise Value is expected to grow to about 114.7 M, whereas Selling General Administrative is forecasted to decline to about 23.3 M.
| 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 66.3M | 90.7M | 62.6M | Cost Of Revenue | 3.2M | 3.2M | 2.5M |
Mind MedicineInc fundamental ratios Correlations
Click cells to compare fundamentals
Mind MedicineInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind MedicineInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Mind Stock analysis
When running Mind MedicineInc's price analysis, check to measure Mind MedicineInc'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 MedicineInc is operating at the current time. Most of Mind MedicineInc's value examination focuses on studying past and present price action to predict the probability of Mind MedicineInc'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 MedicineInc's price. Additionally, you may evaluate how the addition of Mind MedicineInc to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |
Is Mind MedicineInc'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 MedicineInc. 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 MedicineInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.44) | Return On Assets (0.40) | Return On Equity (0.84) |
The market value of Mind MedicineInc 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 MedicineInc's value that differs from its market value or its book value, called intrinsic value, which is Mind MedicineInc'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 MedicineInc's market value can be influenced by many factors that don't directly affect Mind MedicineInc'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 MedicineInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind MedicineInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind MedicineInc'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.