Mind Change To Netincome from 2010 to 2024

MNMD Stock  USD 8.26  0.15  1.85%   
Mind Medicine's Change To Netincome is increasing over the years with stable fluctuation. Change To Netincome is expected to dwindle to about 6.2 M. During the period from 2010 to 2024 Mind Medicine Change To Netincome annual values regression line had geometric mean of  9,562,780 and mean square error of 78.3 T. View All Fundamentals
 
Change To Netincome  
First Reported
2010-12-31
Previous Quarter
6.6 M
Current Value
6.2 M
Quarterly Volatility
8.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mind Medicine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mind Medicine's main balance sheet or income statement drivers, such as Interest Income of 881.5 K, Interest Expense of 1.8 M or Selling General Administrative of 23.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.82. Mind financial statements analysis is a perfect complement when working with Mind Medicine Valuation or Volatility modules.
  
Check out the analysis of Mind Medicine Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.

Latest Mind Medicine's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of Mind Medicine over the last few years. It is Mind Medicine's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mind Medicine's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Pretty Stable
   Change To Netincome   
       Timeline  

Mind Change To Netincome Regression Statistics

Arithmetic Mean10,927,286
Geometric Mean9,562,780
Coefficient Of Variation78.58
Mean Deviation4,084,229
Median9,553,716
Standard Deviation8,586,628
Sample Variance73.7T
Range35.8M
R-Value0.12
Mean Square Error78.3T
R-Squared0.01
Significance0.67
Slope228,441
Total Sum of Squares1032.2T

Mind Change To Netincome History

20246.2 M
20236.6 M
20225.7 M
202141.6 M
20208.3 M

About Mind Medicine Financial Statements

Mind Medicine stakeholders use historical fundamental indicators, such as Mind Medicine's Change To Netincome, to determine how well the company is positioned to perform in the future. Although Mind Medicine investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mind Medicine's assets and liabilities are reflected in the revenues and expenses on Mind Medicine's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mind Medicine. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Netincome6.6 M6.2 M

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 Mind Medicine is a strong investment it is important to analyze Mind Medicine's 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 Mind Medicine's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports:
Check out the analysis of Mind Medicine Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Biotechnology space 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 Medicine. 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 Medicine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.71)
Return On Assets
(0.25)
Return On Equity
(0.55)
The market value of Mind Medicine 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 Medicine's value that differs from its market value or its book value, called intrinsic value, which is Mind Medicine'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 Medicine's market value can be influenced by many factors that don't directly affect Mind Medicine'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 Medicine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Medicine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Medicine'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.