Mind Technology Stock Alpha and Beta Analysis
| MIND Stock | USD 3.85 0.05 1.28% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Mind Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Mind Technology over a specified time horizon. Remember, high Mind Technology's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Mind Technology's market risk premium analysis include:
Beta 0.32 | Alpha (0.09) | Risk 2.61 | Sharpe Ratio 0.0349 | Expected Return 0.0912 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Mind |
Mind Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Mind Technology market risk premium is the additional return an investor will receive from holding Mind Technology long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mind Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Mind Technology's performance over market.| α | -0.09 | β | 0.32 |
Mind Technology expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Mind Technology's Buy-and-hold return. Our buy-and-hold chart shows how Mind Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Mind Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Mind Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mind Technology shares will generate the highest return on investment. By understating and applying Mind Technology stock market price indicators, traders can identify Mind Technology position entry and exit signals to maximize returns.
Mind Technology Return and Market Media
The median price of Mind Technology for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 3.78 with a coefficient of variation of 4.94. The daily time series for the period is distributed with a sample standard deviation of 0.18, arithmetic mean of 3.73, and mean deviation of 0.15. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | MIND Technology Releases Earnings Results, Misses Estimates By 0.13 EPS | 09/13/2024 |
2 | Investors Could Be Concerned With Happiest Minds Technologies Returns On Capital - Simply Wall St | 09/20/2024 |
3 | Acquisition by Hilarides William Hunter of 17000 shares of Mind Technology at 3.99 subject to Rule 16b-3 | 09/24/2024 |
4 | MIND.us Stock Drops 5.02 percent Amid Market Fluctuations | 09/30/2024 |
5 | Mind Over Media and DeepTrust Team Up to Fight Deepfakes in Entertainment | 10/09/2024 |
6 | Acquisition by Albers Robert John of 21000 shares of Mind Technology at 4.79 subject to Rule 16b-3 | 10/11/2024 |
7 | MIND GAMES STELLT PARFMEUR VOR EXTRAORDINAIRE | 10/15/2024 |
8 | Acquisition by Mark Cox of 60000 shares of Mind Technology at 0.79 subject to Rule 16b-3 | 10/23/2024 |
9 | Acquisition by Glanville Thomas S of 21000 shares of Mind Technology at 4.79 subject to Rule 16b-3 | 10/31/2024 |
10 | Mind Money Joins Global Investment Leaders at SuperInvestor 2024 | 11/06/2024 |
11 | AI-Agents Versus Human Agency 4 Ways To Navigate Our AI-Driven World | 11/26/2024 |
About Mind Technology Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Mind or other stocks. Alpha measures the amount that position in Mind Technology has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0133 | 0.0208 | 0.11 | 0.12 | Price To Sales Ratio | 8.22 | 2.59 | 0.23 | 0.22 |
Mind Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of Mind Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mind Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Mind Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Mind Technology. Please utilize our Beneish M Score to check the likelihood of Mind Technology's management manipulating its earnings.
| 17th of April 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
Build Portfolio with Mind Technology
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Mind Technology Backtesting, Mind Technology Valuation, Mind Technology Correlation, Mind Technology Hype Analysis, Mind Technology Volatility, Mind Technology History and analyze Mind Technology Performance. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Mind Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.