Medicinova Stock Five Year Return

MNOV Stock  USD 2.11  0.01  0.48%   
MediciNova fundamentals help investors to digest information that contributes to MediciNova's financial success or failures. It also enables traders to predict the movement of MediciNova Stock. The fundamental analysis module provides a way to measure MediciNova's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MediciNova stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

MediciNova Company Five Year Return Analysis

MediciNova's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About Five Year Return | All Equity Analysis

MediciNova Five Year Return Driver Correlations

Understanding the fundamental principles of building solid financial models for MediciNova is extremely important. It helps to project a fair market value of MediciNova Stock properly, considering its historical fundamentals such as Five Year Return. Since MediciNova's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MediciNova's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MediciNova's interrelated accounts and indicators.
1.0-0.750.0-0.860.170.240.990.9-0.510.030.33-0.27-0.470.960.88-0.82-0.20.930.930.56
1.0-0.71-0.05-0.850.160.261.00.9-0.450.040.29-0.27-0.420.970.89-0.8-0.140.930.930.54
-0.75-0.71-0.490.56-0.27-0.19-0.65-0.860.89-0.13-0.54-0.030.91-0.61-0.680.610.29-0.57-0.56-0.51
0.0-0.05-0.490.110.16-0.1-0.090.13-0.770.250.070.61-0.76-0.19-0.170.230.15-0.23-0.23-0.21
-0.86-0.850.560.11-0.280.12-0.86-0.730.30.06-0.390.290.28-0.86-0.790.740.32-0.84-0.85-0.57
0.170.16-0.270.16-0.28-0.110.150.29-0.2-0.080.4-0.04-0.190.190.3-0.39-0.280.070.060.27
0.240.26-0.19-0.10.12-0.110.260.27-0.07-0.3-0.09-0.39-0.040.240.29-0.370.10.230.220.25
0.991.0-0.65-0.09-0.860.150.260.87-0.390.020.25-0.29-0.360.980.88-0.79-0.110.930.930.53
0.90.9-0.860.13-0.730.290.270.87-0.610.110.49-0.21-0.620.880.92-0.77-0.180.730.720.63
-0.51-0.450.89-0.770.3-0.2-0.07-0.39-0.61-0.22-0.41-0.30.96-0.32-0.370.310.17-0.3-0.3-0.25
0.030.04-0.130.250.06-0.08-0.30.020.11-0.22-0.310.76-0.27-0.06-0.160.390.39-0.19-0.16-0.55
0.330.29-0.540.07-0.390.4-0.090.250.49-0.41-0.31-0.41-0.390.370.6-0.58-0.820.320.30.83
-0.27-0.27-0.030.610.29-0.04-0.39-0.29-0.21-0.30.76-0.41-0.35-0.4-0.510.680.52-0.46-0.43-0.77
-0.47-0.420.91-0.760.28-0.19-0.04-0.36-0.620.96-0.27-0.39-0.35-0.29-0.350.270.12-0.25-0.25-0.21
0.960.97-0.61-0.19-0.860.190.240.980.88-0.32-0.060.37-0.4-0.290.94-0.84-0.190.910.920.65
0.880.89-0.68-0.17-0.790.30.290.880.92-0.37-0.160.6-0.51-0.350.94-0.9-0.370.820.820.83
-0.82-0.80.610.230.74-0.39-0.37-0.79-0.770.310.39-0.580.680.27-0.84-0.90.53-0.84-0.82-0.85
-0.2-0.140.290.150.32-0.280.1-0.11-0.180.170.39-0.820.520.12-0.19-0.370.53-0.33-0.31-0.68
0.930.93-0.57-0.23-0.840.070.230.930.73-0.3-0.190.32-0.46-0.250.910.82-0.84-0.331.00.61
0.930.93-0.56-0.23-0.850.060.220.930.72-0.3-0.160.3-0.43-0.250.920.82-0.82-0.311.00.58
0.560.54-0.51-0.21-0.570.270.250.530.63-0.25-0.550.83-0.77-0.210.650.83-0.85-0.680.610.58
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Competition

MediciNova Return On Tangible Assets

Return On Tangible Assets

(0.17)

At this time, MediciNova's Return On Tangible Assets are fairly stable compared to the past year.
According to the company disclosure, MediciNova has a Five Year Return of 0.0%. This indicator is about the same for the Biotechnology average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

MediciNova Five Year Return Peer Comparison

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

MediciNova Current Valuation Drivers

We derive many important indicators used in calculating different scores of MediciNova from analyzing MediciNova's financial statements. These drivers represent accounts that assess MediciNova's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MediciNova's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap290.9M233.6M130.2M100.5M90.5M99.2M
Enterprise Value227.5M173.8M58.9M82.2M74.0M82.8M

MediciNova ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MediciNova's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MediciNova's managers, analysts, and investors.
Environmental
Governance
Social

MediciNova Fundamentals

About MediciNova Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MediciNova's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MediciNova using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MediciNova 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for MediciNova Stock Analysis

When running MediciNova's price analysis, check to measure MediciNova'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 MediciNova is operating at the current time. Most of MediciNova's value examination focuses on studying past and present price action to predict the probability of MediciNova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MediciNova's price. Additionally, you may evaluate how the addition of MediciNova to your portfolios can decrease your overall portfolio volatility.