Mindax (Australia) Performance
| MDX Stock | 0.04 0 2.56% |
The company secures a Beta (Market Risk) of -0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mindax are expected to decrease at a much lower rate. During the bear market, Mindax is likely to outperform the market. At this point, Mindax Limited has a negative expected return of -0.0841%. Please make sure to verify Mindax's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Mindax Limited performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Mindax Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Mindax is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Last Split Factor 1:1 | Last Split Date 2010-01-28 |
| Begin Period Cash Flow | 4.6 M |
Mindax |
Mindax Relative Risk vs. Return Landscape
If you would invest 4.50 in Mindax Limited on September 23, 2024 and sell it today you would lose (0.50) from holding Mindax Limited or give up 11.11% of portfolio value over 90 days. Mindax Limited is producing return of less than zero assuming 4.3322% volatility of returns over the 90 days investment horizon. Simply put, 38% of all stocks have less volatile historical return distribution than Mindax, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mindax Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mindax's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mindax Limited, and traders can use it to determine the average amount a Mindax's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0194
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Estimated Market Risk
| 4.33 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mindax is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mindax by adding Mindax to a well-diversified portfolio.
Mindax Fundamentals Growth
Mindax Stock prices reflect investors' perceptions of the future prospects and financial health of Mindax, and Mindax fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mindax Stock performance.
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0716 | ||||
| Operating Margin | 79.38 % | ||||
| Current Valuation | 81.54 M | ||||
| Shares Outstanding | 2.05 B | ||||
| Price To Book | 4.63 X | ||||
| Price To Sales | 27,372 X | ||||
| Revenue | 2.99 K | ||||
| Gross Profit | 2 | ||||
| EBITDA | (2.54 M) | ||||
| Net Income | (2.28 M) | ||||
| Total Debt | 108.65 K | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (1.83 M) | ||||
| Total Asset | 26.73 M | ||||
| Retained Earnings | (40.07 M) | ||||
About Mindax Performance
Assessing Mindax's fundamental ratios provides investors with valuable insights into Mindax's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Mindax is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Mindax is entity of Australia. It is traded as Stock on AU exchange.Things to note about Mindax Limited performance evaluation
Checking the ongoing alerts about Mindax for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mindax Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mindax Limited generated a negative expected return over the last 90 days | |
| Mindax Limited has some characteristics of a very speculative penny stock | |
| Mindax Limited has high historical volatility and very poor performance | |
| Mindax Limited has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.99 K. Net Loss for the year was (2.28 M) with profit before overhead, payroll, taxes, and interest of 2. | |
| Mindax generates negative cash flow from operations | |
| About 39.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Mindax's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mindax's stock is overvalued or undervalued compared to its peers.
- Examining Mindax's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mindax's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mindax's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mindax's stock. These opinions can provide insight into Mindax's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Mindax Stock Analysis
When running Mindax's price analysis, check to measure Mindax'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 Mindax is operating at the current time. Most of Mindax's value examination focuses on studying past and present price action to predict the probability of Mindax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mindax's price. Additionally, you may evaluate how the addition of Mindax to your portfolios can decrease your overall portfolio volatility.