Mindset Pharma Return On Equity vs. Price To Book
| MSSTFDelisted Stock | USD 0.36 0.00 0.00% |
For Mindset Pharma profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mindset Pharma to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mindset Pharma utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mindset Pharma's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mindset Pharma over time as well as its relative position and ranking within its peers.
Mindset |
Mindset Pharma Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mindset Pharma's current stock value. Our valuation model uses many indicators to compare Mindset Pharma value to that of its competitors to determine the firm's financial worth. Mindset Pharma is rated below average in return on equity category among its peers. It is considered to be number one stock in price to book category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mindset Pharma's earnings, one of the primary drivers of an investment's value.Mindset Price To Book vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Mindset Pharma |
| = | -2.43 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Mindset Pharma |
| = | 28.87 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Mindset Price To Book Comparison
Mindset Pharma is currently under evaluation in price to book category among its peers.
Mindset Pharma Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mindset Pharma, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mindset Pharma will eventually generate negative long term returns. The profitability progress is the general direction of Mindset Pharma's change in net profit over the period of time. It can combine multiple indicators of Mindset Pharma, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Mindset Pharma Inc. operates as a neuro-pharmaceutical drug discovery and development platform company. The company was founded in 2019 and is based in Toronto, Canada. Mindset Pharma is traded on OTC Exchange in the United States.
Mindset Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mindset Pharma. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Mindset Pharma position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Mindset Pharma's important profitability drivers and their relationship over time.
Use Mindset Pharma in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mindset Pharma position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mindset Pharma will appreciate offsetting losses from the drop in the long position's value.Mindset Pharma Pair Trading
Mindset Pharma Pair Trading Analysis
The ability to find closely correlated positions to Mindset Pharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mindset Pharma when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mindset Pharma - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mindset Pharma to buy it.
The correlation of Mindset Pharma is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mindset Pharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mindset Pharma moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mindset Pharma can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Mindset Pharma position
In addition to having Mindset Pharma in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Obamacare Repeal
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 constituents at this time.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in Mindset OTC Stock
If you are still planning to invest in Mindset Pharma check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mindset Pharma's history and understand the potential risks before investing.
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