Myndai, Stock Return On Asset

MYND Stock  USD 0.68  0.02  2.86%   
Fundamental analysis of Myndai, allows traders to better anticipate movements in Myndai,'s stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Myndai, Company Return On Asset Analysis

Myndai,'s Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Myndai, Return On Asset

    
  -0.12  
Most of Myndai,'s fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Myndai, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Myndai, has a Return On Asset of -0.1156. This is 98.68% lower than that of the Health Care Technology sector and 98.46% lower than that of the Health Care industry. The return on asset for all United States stocks is 17.43% lower than that of the firm.

Myndai, Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Myndai,'s direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Myndai, could also be used in its relative valuation, which is a method of valuing Myndai, by comparing valuation metrics of similar companies.
Myndai, is currently under evaluation in return on asset category among its peers.

Myndai, Fundamentals

About Myndai, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Myndai,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Myndai, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Myndai, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 Myndai, is a strong investment it is important to analyze Myndai,'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 Myndai,'s future performance. For an informed investment choice regarding Myndai, Stock, refer to the following important reports:
Check out Myndai, Piotroski F Score and Myndai, Altman Z Score analysis.
For information on how to trade Myndai, Stock refer to our How to Trade Myndai, Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Health Care Technology 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 Myndai,. If investors know Myndai, 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 Myndai, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Myndai, is measured differently than its book value, which is the value of Myndai, that is recorded on the company's balance sheet. Investors also form their own opinion of Myndai,'s value that differs from its market value or its book value, called intrinsic value, which is Myndai,'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 Myndai,'s market value can be influenced by many factors that don't directly affect Myndai,'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 Myndai,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Myndai, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myndai,'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.