MYnd Preferred Stock Total Equity vs Intangible Assets Analysis

MYND Stock  USD 2.59  0.11  4.44%   
MYnd Analytics financial indicator trend analysis is infinitely more than just investigating MYnd Analytics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MYnd Analytics is a good investment. Please check the relationship between MYnd Analytics Preferred Stock Total Equity and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYnd Analytics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade MYnd Stock refer to our How to Trade MYnd Stock guide.

Preferred Stock Total Equity vs Intangible Assets

Preferred Stock Total Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MYnd Analytics Preferred Stock Total Equity account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MYnd Analytics' Preferred Stock Total Equity and Intangible Assets is -0.52. Overlapping area represents the amount of variation of Preferred Stock Total Equity that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of MYnd Analytics, assuming nothing else is changed. The correlation between historical values of MYnd Analytics' Preferred Stock Total Equity and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Preferred Stock Total Equity of MYnd Analytics are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Preferred Stock Total Equity i.e., MYnd Analytics' Preferred Stock Total Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Preferred Stock Total Equity

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from MYnd Analytics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MYnd Analytics 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 MYnd Analytics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade MYnd Stock refer to our How to Trade MYnd Stock guide.The current year's Selling General Administrative is expected to grow to about 37.8 M, whereas Discontinued Operations is forecasted to decline to (2.6 K).
 2021 2022 2023 2024 (projected)
Cost Of Revenue440.8M310.4M357.0M374.8M
Research Development41.5M34.6M39.8M41.8M

MYnd Analytics fundamental ratios Correlations

0.930.990.980.850.94-0.780.351.00.790.750.930.990.76-0.080.64-0.760.820.760.940.87-0.58-0.580.03-0.82-0.78
0.930.910.880.670.81-0.770.670.930.620.60.810.960.73-0.090.62-0.60.650.780.810.7-0.45-0.45-0.26-0.82-0.84
0.990.910.990.90.89-0.770.320.980.830.730.910.970.74-0.080.62-0.810.860.750.960.91-0.56-0.56-0.01-0.86-0.83
0.980.880.990.910.91-0.740.260.970.850.760.90.950.75-0.090.64-0.830.890.730.970.92-0.58-0.580.04-0.86-0.81
0.850.670.90.910.78-0.59-0.040.830.960.770.750.780.59-0.060.49-0.950.980.520.970.97-0.6-0.60.18-0.86-0.78
0.940.810.890.910.78-0.690.20.940.790.890.860.910.71-0.070.59-0.730.80.620.890.79-0.69-0.690.3-0.7-0.64
-0.78-0.77-0.77-0.74-0.59-0.69-0.41-0.78-0.5-0.48-0.75-0.8-0.38-0.23-0.210.48-0.54-0.54-0.67-0.570.320.320.090.60.6
0.350.670.320.26-0.040.2-0.410.37-0.050.010.230.450.35-0.050.310.06-0.040.480.150.00.020.02-0.69-0.39-0.51
1.00.930.980.970.830.94-0.780.370.780.760.920.990.76-0.080.63-0.740.80.760.930.85-0.58-0.580.04-0.81-0.77
0.790.620.830.850.960.79-0.5-0.050.780.880.640.710.51-0.10.42-0.970.990.390.940.91-0.7-0.70.25-0.87-0.78
0.750.60.730.760.770.89-0.480.010.760.880.590.680.51-0.020.4-0.830.860.330.850.74-0.79-0.790.43-0.73-0.64
0.930.810.910.90.750.86-0.750.230.920.640.590.930.71-0.080.61-0.630.680.750.810.79-0.33-0.330.19-0.62-0.59
0.990.960.970.950.780.91-0.80.450.990.710.680.930.77-0.080.65-0.680.740.80.890.81-0.52-0.52-0.05-0.78-0.77
0.760.730.740.750.590.71-0.380.350.760.510.510.710.77-0.180.95-0.540.570.810.690.69-0.41-0.41-0.05-0.6-0.58
-0.08-0.09-0.08-0.09-0.06-0.07-0.23-0.05-0.08-0.1-0.02-0.08-0.08-0.18-0.390.04-0.05-0.08-0.07-0.050.020.020.020.060.06
0.640.620.620.640.490.59-0.210.310.630.420.40.610.650.95-0.39-0.450.460.70.570.57-0.3-0.3-0.06-0.5-0.49
-0.76-0.6-0.81-0.83-0.95-0.730.480.06-0.74-0.97-0.83-0.63-0.68-0.540.04-0.45-0.98-0.41-0.93-0.920.560.56-0.240.880.8
0.820.650.860.890.980.8-0.54-0.040.80.990.860.680.740.57-0.050.46-0.980.450.970.94-0.67-0.670.23-0.88-0.8
0.760.780.750.730.520.62-0.540.480.760.390.330.750.80.81-0.080.7-0.410.450.610.68-0.24-0.24-0.23-0.55-0.56
0.940.810.960.970.970.89-0.670.150.930.940.850.810.890.69-0.070.57-0.930.970.610.95-0.66-0.660.13-0.91-0.84
0.870.70.910.920.970.79-0.570.00.850.910.740.790.810.69-0.050.57-0.920.940.680.95-0.58-0.580.15-0.83-0.76
-0.58-0.45-0.56-0.58-0.6-0.690.320.02-0.58-0.7-0.79-0.33-0.52-0.410.02-0.30.56-0.67-0.24-0.66-0.581.0-0.190.530.43
-0.58-0.45-0.56-0.58-0.6-0.690.320.02-0.58-0.7-0.79-0.33-0.52-0.410.02-0.30.56-0.67-0.24-0.66-0.581.0-0.190.530.43
0.03-0.26-0.010.040.180.30.09-0.690.040.250.430.19-0.05-0.050.02-0.06-0.240.23-0.230.130.15-0.19-0.190.160.26
-0.82-0.82-0.86-0.86-0.86-0.70.6-0.39-0.81-0.87-0.73-0.62-0.78-0.60.06-0.50.88-0.88-0.55-0.91-0.830.530.530.160.99
-0.78-0.84-0.83-0.81-0.78-0.640.6-0.51-0.77-0.78-0.64-0.59-0.77-0.580.06-0.490.8-0.8-0.56-0.84-0.760.430.430.260.99
Click cells to compare fundamentals

MYnd Analytics Account Relationship Matchups

MYnd Analytics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets302.5M283.1M368.8M404.4M465.0M488.3M
Other Current Liab54.4M104.4M64.2M67.3M77.4M81.2M
Total Current Liabilities128.4M122.4M206.6M178.6M205.3M215.6M
Total Stockholder Equity62.1M67.7M137.0M123.7M142.2M149.3M
Accounts Payable18.6M1.5M81.5M59.6M68.5M72.0M
Cash53.5M33.3M29.3M91.8M105.6M110.8M
Other Current Assets8.9M41.5M2.9M4.1M4.7M4.3M
Total Liab224.8M203.9M231.8M278.8M320.7M336.7M
Good Will46.1M19.2M42.0M46.9M54.0M32.8M
Retained Earnings(71.8M)(65.6M)(316.0M)(353.9M)(318.5M)(302.6M)
Net Receivables2.0M1.3M74.9M71.2M81.8M85.9M
Total Current Assets70.1M82.3M227.9M226.2M260.1M273.1M
Short Term Debt16.9M5.6M49.8M36.4M41.8M43.9M
Short Long Term Debt Total93.2M24.3M56.2M109.3M125.7M81.5M
Property Plant And Equipment Net137.1M31.9M6.1M19.4M17.4M16.6M
Current Deferred Revenue38.5M10.9M11.2M15.4M13.8M18.2M
Net Debt39.7M(9.0M)26.9M17.5M15.8M15.0M
Non Current Assets Total232.4M200.8M140.9M178.2M160.4M159.5M
Non Currrent Assets Other20.7M142.0M107K4.1M3.7M3.5M
Cash And Short Term Investments53.5M33.3M29.3M91.8M105.6M61.1M
Common Stock Shares Outstanding2.8M2.8M42.6M42.8M49.2M51.7M
Liabilities And Stockholders Equity302.5M283.1M368.8M404.4M465.0M372.9M
Non Current Liabilities Total96.5M81.6M25.1M100.3M90.2M63.5M
Inventory5.8M6.1M111.2M53.1M61.1M40.4M
Other Stockholder Equity130.8M127.8M448.1M473.6M544.6M287.8M
Accumulated Other Comprehensive Income3.2M5.4M4.5M3.5M3.2M3.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYnd Analytics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade MYnd Stock refer to our How to Trade MYnd Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Transaction History
View history of all your transactions and understand their impact on performance
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Stocks Directory
Find actively traded stocks across global markets
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
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.