Clearmind Common Stock vs Total Liab Analysis

CMND Stock  USD 1.33  0.01  0.75%   
Clearmind Medicine financial indicator trend analysis is way more than just evaluating Clearmind Medicine Common prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearmind Medicine Common is a good investment. Please check the relationship between Clearmind Medicine Common Stock and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearmind Medicine Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock vs Total Liab

Common Stock vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearmind Medicine Common Common Stock account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Clearmind Medicine's Common Stock and Total Liab is 0.96. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Liab in the same time period over historical financial statements of Clearmind Medicine Common, assuming nothing else is changed. The correlation between historical values of Clearmind Medicine's Common Stock and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Clearmind Medicine Common are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock i.e., Clearmind Medicine's Common Stock and Total Liab go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Clearmind Medicine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearmind Medicine Common current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearmind Medicine Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Clearmind Medicine's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 414.2 K, whereas Enterprise Value Over EBITDA is forecasted to decline to 0.40.

Clearmind Medicine fundamental ratios Correlations

0.790.77-0.04-0.770.60.990.720.790.321.00.320.920.79-0.35-0.980.361.00.930.040.840.87-0.730.620.910.61
0.790.22-0.62-0.950.810.760.351.00.280.780.30.960.99-0.35-0.690.450.780.940.240.950.77-0.550.020.970.0
0.770.220.57-0.220.070.80.740.220.210.780.190.460.23-0.21-0.850.050.780.5-0.260.370.55-0.570.970.440.97
-0.04-0.620.570.51-0.42-0.020.46-0.62-0.02-0.04-0.07-0.37-0.650.13-0.09-0.11-0.04-0.32-0.13-0.55-0.09-0.080.73-0.440.72
-0.77-0.95-0.220.51-0.93-0.72-0.51-0.95-0.34-0.75-0.32-0.95-0.90.290.68-0.64-0.74-0.94-0.48-0.83-0.880.65-0.05-0.92-0.01
0.60.810.07-0.42-0.930.520.580.810.30.560.280.820.72-0.22-0.480.820.550.830.760.60.83-0.61-0.060.76-0.11
0.990.760.8-0.02-0.720.520.680.760.291.00.30.890.77-0.38-0.980.261.00.9-0.070.840.82-0.690.650.890.64
0.720.350.740.46-0.510.580.680.350.260.70.210.60.27-0.24-0.730.580.680.640.440.280.8-0.690.720.50.68
0.791.00.22-0.62-0.950.810.760.350.280.780.30.960.99-0.35-0.690.450.780.940.240.950.77-0.550.020.970.0
0.320.280.21-0.02-0.340.30.290.260.280.30.970.330.250.27-0.30.370.290.330.170.240.43-0.420.160.30.15
1.00.780.78-0.04-0.750.561.00.70.780.30.310.910.78-0.39-0.980.31.00.92-0.020.840.84-0.70.630.910.62
0.320.30.19-0.07-0.320.280.30.210.30.970.310.330.280.16-0.290.290.30.330.110.280.37-0.350.130.320.12
0.920.960.46-0.37-0.950.820.890.60.960.330.910.330.93-0.35-0.840.530.91.00.270.920.9-0.70.280.990.26
0.790.990.23-0.65-0.90.720.770.270.990.250.780.280.93-0.37-0.690.340.780.910.110.980.71-0.490.020.970.01
-0.35-0.35-0.210.130.29-0.22-0.38-0.24-0.350.27-0.390.16-0.35-0.370.390.31-0.4-0.360.06-0.37-0.3-0.03-0.18-0.38-0.18
-0.98-0.69-0.85-0.090.68-0.48-0.98-0.73-0.69-0.3-0.98-0.29-0.84-0.690.39-0.24-0.98-0.860.06-0.77-0.830.7-0.73-0.83-0.72
0.360.450.05-0.11-0.640.820.260.580.450.370.30.290.530.340.31-0.240.280.540.840.220.62-0.61-0.030.42-0.09
1.00.780.78-0.04-0.740.551.00.680.780.291.00.30.90.78-0.4-0.980.280.91-0.040.850.83-0.690.640.90.63
0.930.940.5-0.32-0.940.830.90.640.940.330.920.331.00.91-0.36-0.860.540.910.290.90.91-0.70.320.980.29
0.040.24-0.26-0.13-0.480.76-0.070.440.240.17-0.020.110.270.110.060.060.84-0.040.29-0.060.45-0.33-0.260.15-0.33
0.840.950.37-0.55-0.830.60.840.280.950.240.840.280.920.98-0.37-0.770.220.850.9-0.060.68-0.50.160.960.16
0.870.770.55-0.09-0.880.830.820.80.770.430.840.370.90.71-0.3-0.830.620.830.910.450.68-0.80.430.840.4
-0.73-0.55-0.57-0.080.65-0.61-0.69-0.69-0.55-0.42-0.7-0.35-0.7-0.49-0.030.7-0.61-0.69-0.7-0.33-0.5-0.8-0.49-0.64-0.45
0.620.020.970.73-0.05-0.060.650.720.020.160.630.130.280.02-0.18-0.73-0.030.640.32-0.260.160.43-0.490.251.0
0.910.970.44-0.44-0.920.760.890.50.970.30.910.320.990.97-0.38-0.830.420.90.980.150.960.84-0.640.250.23
0.610.00.970.72-0.01-0.110.640.680.00.150.620.120.260.01-0.18-0.72-0.090.630.29-0.330.160.4-0.451.00.23
Click cells to compare fundamentals

Clearmind Medicine Account Relationship Matchups

Clearmind Medicine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets512.7K5.2M1.1M4.3M5.0M5.2M
Total Current Liabilities13.4K357.2K2.6M3.6M4.2M4.4M
Total Stockholder Equity499.3K4.8M(1.5M)1.4M1.6M1.6M
Net Tangible Assets133.8K319.6K4.6M(1.7M)(1.9M)(1.8M)
Retained Earnings(539.7K)(4.4M)(13.8M)(13.6M)(12.3M)(11.7M)
Accounts Payable4.0K281.5K1.0M448.2K515.4K541.2K
Cash329.8K4.6M175.8K3.9M4.5M4.7M
Total Liab13.4K357.2K2.6M3.6M4.2M4.4M
Total Current Assets333.0K4.9M593.3K4.2M4.8M5.1M
Common Stock891.7K7.9M9.2M12.4M14.3M15.0M
Other Current Liab6.1K6.7K1.6M3.2M3.6M3.8M
Property Plant And Equipment Net179.7K20.6K66.4K1.2K1.1K1.1K
Net Debt(329.8K)(4.6M)(123.4K)(3.9M)(3.5M)(3.4M)
Non Current Assets Total179.7K238.6K534.7K115.3K132.6K224.1K
Cash And Short Term Investments329.8K4.6M440.2K4.0M4.6M4.8M
Net Receivables3.1K129.8K133.7K174.6K200.8K210.8K
Liabilities And Stockholders Equity512.7K5.2M1.1M4.3M5.0M5.2M
Non Current Liabilities Total7.6K12.7K5.3K348.9K2.0M0.0
Common Stock Shares Outstanding18.1K30.9K43.3K202.5K232.9K244.5K
Other Stockholder Equity369.7K2.9M2.5M2.6M3.0M1.6M
Net Invested Capital499.3K4.8M(1.5M)983.5K885.1K785.4K
Capital Stock891.7K7.9M9.2M17.1M19.7M20.7M
Net Working Capital319.6K4.6M(2.0M)824.8K742.3K579.6K

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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 Clearmind Medicine Common is a strong investment it is important to analyze Clearmind Medicine'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 Clearmind Medicine's future performance. For an informed investment choice regarding Clearmind Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearmind Medicine Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Biotechnology 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 Clearmind Medicine. If investors know Clearmind 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 Clearmind Medicine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.23)
Return On Assets
(0.58)
Return On Equity
(2.68)
The market value of Clearmind Medicine Common is measured differently than its book value, which is the value of Clearmind that is recorded on the company's balance sheet. Investors also form their own opinion of Clearmind Medicine's value that differs from its market value or its book value, called intrinsic value, which is Clearmind Medicine'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 Clearmind Medicine's market value can be influenced by many factors that don't directly affect Clearmind Medicine'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 Clearmind Medicine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearmind Medicine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearmind Medicine'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.