MYnd Return On Equity from 2010 to 2024

MYND Stock  USD 2.43  0.03  1.22%   
MYnd Analytics' Return On Equity is decreasing over the years with slightly volatile fluctuation. Overall, Return On Equity is projected to go to -0.29 this year. Return On Equity is a measure of the profitability of MYnd Analytics in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.31)
Current Value
(0.29)
Quarterly Volatility
0.18114061
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MYnd Analytics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MYnd main balance sheet or income statement drivers, such as Interest Expense of 5.6 M, Selling General Administrative of 37.8 M or Total Revenue of 499.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0 or PTB Ratio of 1.12. MYnd financial statements analysis is a perfect complement when working with MYnd Analytics Valuation or Volatility modules.
  
This module can also supplement various MYnd Analytics Technical models . Check out the analysis of MYnd Analytics Correlation against competitors.
For information on how to trade MYnd Stock refer to our How to Trade MYnd Stock guide.

Latest MYnd Analytics' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of MYnd Analytics over the last few years. Return on Equity is the amount of MYnd Analytics net income returned as a percentage of MYnd Analytics equity. Return on equity measures MYnd Analytics profitability by revealing how much profit MYnd Analytics generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. MYnd Analytics' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MYnd Analytics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -1.3610 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

MYnd Return On Equity Regression Statistics

Arithmetic Mean(0.09)
Geometric Mean0.05
Coefficient Of Variation(209.94)
Mean Deviation0.12
Median(0.02)
Standard Deviation0.18
Sample Variance0.03
Range0.7647
R-Value(0.38)
Mean Square Error0.03
R-Squared0.14
Significance0.16
Slope(0.02)
Total Sum of Squares0.46

MYnd Return On Equity History

2024 -0.29
2023 -0.31
2022 0.16
2021 -0.0163
2020 -0.6

About MYnd Analytics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MYnd Analytics income statement, its balance sheet, and the statement of cash flows. MYnd Analytics investors use historical funamental indicators, such as MYnd Analytics's Return On Equity, to determine how well the company is positioned to perform in the future. Although MYnd Analytics investors may use each financial statement separately, they are all related. The changes in MYnd Analytics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MYnd Analytics'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. We offer a historical overview of the basic patterns found on MYnd Analytics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MYnd Analytics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.31)(0.29)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MYnd Analytics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MYnd Analytics' short interest history, or implied volatility extrapolated from MYnd Analytics options trading.

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When determining whether MYnd Analytics is a strong investment it is important to analyze MYnd Analytics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYnd Analytics' future performance. For an informed investment choice regarding MYnd Stock, refer to the following important reports:
Check out the analysis of MYnd Analytics Correlation against competitors.
For information on how to trade MYnd Stock refer to our How to Trade MYnd Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for MYnd Stock analysis

When running MYnd Analytics' price analysis, check to measure MYnd Analytics' 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 MYnd Analytics is operating at the current time. Most of MYnd Analytics' value examination focuses on studying past and present price action to predict the probability of MYnd Analytics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYnd Analytics' price. Additionally, you may evaluate how the addition of MYnd Analytics to your portfolios can decrease your overall portfolio volatility.
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Is MYnd Analytics' 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 MYnd Analytics. If investors know MYnd 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 MYnd Analytics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
18.593
Quarterly Revenue Growth
(0.39)
Return On Assets
(0.07)
Return On Equity
(1.36)
The market value of MYnd Analytics is measured differently than its book value, which is the value of MYnd that is recorded on the company's balance sheet. Investors also form their own opinion of MYnd Analytics' value that differs from its market value or its book value, called intrinsic value, which is MYnd Analytics' 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 MYnd Analytics' market value can be influenced by many factors that don't directly affect MYnd Analytics' 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 MYnd Analytics' value and its price as these two are different measures arrived at by different means. Investors typically determine if MYnd Analytics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYnd Analytics' 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.