MIND Capex To Operating Cash Flow vs Dividend Yield Analysis

MNDO Stock  USD 1.96  0.02  1.01%   
MIND CTI financial indicator trend analysis is infinitely more than just investigating MIND CTI recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MIND CTI is a good investment. Please check the relationship between MIND CTI Capex To Operating Cash Flow and its Dividend Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIND CTI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.

Capex To Operating Cash Flow vs Dividend Yield

Capex To Operating Cash Flow vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MIND CTI Capex To Operating Cash Flow account and Dividend Yield. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MIND CTI's Capex To Operating Cash Flow and Dividend Yield is -0.69. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of MIND CTI, assuming nothing else is changed. The correlation between historical values of MIND CTI's Capex To Operating Cash Flow and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Operating Cash Flow of MIND CTI are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Capex To Operating Cash Flow i.e., MIND CTI's Capex To Operating Cash Flow and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Capex To Operating Cash Flow

Dividend Yield

Dividend Yield is MIND CTI dividend as a percentage of MIND CTI stock price. MIND CTI dividend yield is a measure of MIND CTI stock productivity, which can be interpreted as interest rate earned on an MIND CTI investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from MIND CTI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MIND CTI 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIND CTI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.At this time, MIND CTI's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Tax Provision is likely to grow to about 538 K, while Sales General And Administrative To Revenue is likely to drop 0.06.
 2021 2022 2024 (projected)
Interest Expense49K60K16.2K
Depreciation And Amortization194K193K381.5K

MIND CTI fundamental ratios Correlations

0.770.970.23-0.24-0.53-0.290.320.890.720.91-0.140.830.620.81-0.720.910.860.940.87-0.8-0.350.890.880.4-0.05
0.770.620.31-0.25-0.39-0.060.330.690.550.660.110.530.360.64-0.480.60.950.710.53-0.47-0.020.680.70.12-0.07
0.970.620.1-0.22-0.53-0.40.280.850.70.9-0.210.880.630.71-0.730.960.720.920.93-0.87-0.470.840.820.5-0.02
0.230.310.10.210.150.71-0.070.540.24-0.090.350.19-0.030.68-0.160.030.49-0.04-0.030.220.460.290.350.010.54
-0.24-0.25-0.220.210.40.4-0.990.120.35-0.480.460.180.460.03-0.36-0.24-0.16-0.48-0.060.120.33-0.220.130.30.53
-0.53-0.39-0.530.150.40.31-0.42-0.28-0.23-0.690.47-0.34-0.31-0.310.26-0.67-0.4-0.65-0.470.470.76-0.45-0.32-0.010.4
-0.29-0.06-0.40.710.40.31-0.320.06-0.18-0.60.63-0.21-0.290.120.21-0.410.01-0.52-0.380.440.56-0.22-0.18-0.060.55
0.320.330.28-0.07-0.99-0.42-0.320.0-0.280.51-0.42-0.11-0.430.110.290.280.270.520.1-0.13-0.30.3-0.04-0.29-0.48
0.890.690.850.540.12-0.280.060.00.820.640.120.880.640.91-0.810.760.850.680.78-0.65-0.090.820.910.50.31
0.720.550.70.240.35-0.23-0.18-0.280.820.56-0.020.820.830.72-0.950.640.670.540.71-0.61-0.130.70.910.50.21
0.910.660.9-0.09-0.48-0.69-0.60.510.640.56-0.470.650.540.6-0.560.880.70.980.79-0.78-0.580.830.720.23-0.35
-0.140.11-0.210.350.460.470.63-0.420.12-0.02-0.47-0.01-0.07-0.03-0.03-0.290.06-0.33-0.180.180.71-0.32-0.07-0.010.31
0.830.530.880.190.18-0.34-0.21-0.110.880.820.65-0.010.710.68-0.880.870.650.670.89-0.77-0.370.690.840.630.27
0.620.360.63-0.030.46-0.31-0.29-0.430.640.830.54-0.070.710.54-0.840.570.470.520.68-0.66-0.270.580.780.450.01
0.810.640.710.680.03-0.310.120.110.910.720.6-0.030.680.54-0.680.610.860.620.58-0.42-0.040.850.870.250.2
-0.72-0.48-0.73-0.16-0.360.260.210.29-0.81-0.95-0.56-0.03-0.88-0.84-0.68-0.68-0.61-0.54-0.750.650.23-0.63-0.85-0.49-0.15
0.910.60.960.03-0.24-0.67-0.410.280.760.640.88-0.290.870.570.61-0.680.660.890.92-0.84-0.620.760.750.5-0.01
0.860.950.720.49-0.16-0.40.010.270.850.670.70.060.650.470.86-0.610.660.740.6-0.49-0.030.820.840.190.04
0.940.710.92-0.04-0.48-0.65-0.520.520.680.540.98-0.330.670.520.62-0.540.890.740.81-0.81-0.50.820.720.26-0.32
0.870.530.93-0.03-0.06-0.47-0.380.10.780.710.79-0.180.890.680.58-0.750.920.60.81-0.92-0.510.770.740.750.15
-0.8-0.47-0.870.220.120.470.44-0.13-0.65-0.61-0.780.18-0.77-0.66-0.420.65-0.84-0.49-0.81-0.920.51-0.7-0.66-0.630.04
-0.35-0.02-0.470.460.330.760.56-0.3-0.09-0.13-0.580.71-0.37-0.27-0.040.23-0.62-0.03-0.5-0.510.51-0.3-0.14-0.230.3
0.890.680.840.29-0.22-0.45-0.220.30.820.70.83-0.320.690.580.85-0.630.760.820.820.77-0.7-0.30.860.420.05
0.880.70.820.350.13-0.32-0.18-0.040.910.910.72-0.070.840.780.87-0.850.750.840.720.74-0.66-0.140.860.380.1
0.40.120.50.010.3-0.01-0.06-0.290.50.50.23-0.010.630.450.25-0.490.50.190.260.75-0.63-0.230.420.380.66
-0.05-0.07-0.020.540.530.40.55-0.480.310.21-0.350.310.270.010.2-0.15-0.010.04-0.320.150.040.30.050.10.66
Click cells to compare fundamentals

MIND CTI Account Relationship Matchups

MIND CTI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.1M32.4M33.1M31.7M31.6M28.2M
Total Current Liabilities6.3M5.6M5.6M5.2M4.5M4.9M
Total Stockholder Equity21.9M23.1M23.7M23.8M24.5M23.1M
Property Plant And Equipment Net1.5M1.9M1.6M1.2M906K926.0K
Net Debt(5.2M)(6.4M)(2.7M)(4.4M)(2.3M)(2.4M)
Retained Earnings(3.1M)(2.5M)(1.7M)(1.7M)(1.3M)(1.4M)
Accounts Payable2.1M1.3M839K937K989K664.5K
Cash6.5M8.3M4.2M5.3M3.0M2.8M
Non Current Assets Total12.0M12.7M12.6M11.4M11.9M10.7M
Non Currrent Assets Other1.7M1.8M2.3M1.9M2.1M1.9M
Cash And Short Term Investments15.2M17.0M18.5M17.5M16.6M14.8M
Net Receivables3.7M2.4M1.9M2.5M2.3M2.4M
Common Stock Shares Outstanding20.0M20.1M20.3M20.4M20.5M21.7M
Short Term Investments8.7M8.8M14.3M12.2M13.6M9.2M
Liabilities And Stockholders Equity31.1M32.4M33.1M31.7M31.6M28.2M
Non Current Liabilities Total2.9M3.7M3.8M2.8M2.7M2.0M
Other Stockholder Equity25.8M26.1M26.2M26.5M26.8M30.6M
Total Liab5.0M9.2M9.3M9.4M7.1M6.9M
Total Current Assets19.1M19.7M20.5M20.3M19.7M17.5M
Accumulated Other Comprehensive Income(884K)(522K)(836K)(1.1M)(1.0M)(1.1M)
Other Current Liab2.0M1.9M2.3M2.0M1.7M1.4M
Other Assets1.8M2.0M2.5M2.1M1.9M1.8M
Property Plant And Equipment Gross1.5M1.9M1.6M1.2M3.1M3.3M
Property Plant Equipment1.5M1.9M1.6M1.2M1.1M940.7K
Current Deferred Revenue1.9M2.1M2.2M2.0M1.5M2.6M
Other Current Assets224K273K124K462K815K1.3M
Good Will7.9M8.1M7.9M7.8M7.9M7.2M
Net Tangible Assets13.3M14.3M15.3M15.6M14.1M12.4M
Net Invested Capital21.9M23.1M23.7M23.8M24.5M25.0M
Net Working Capital12.8M14.0M14.9M15.1M15.2M16.1M

Pair Trading with MIND CTI

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 MIND CTI 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 MIND CTI will appreciate offsetting losses from the drop in the long position's value.

Moving together with MIND Stock

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Moving against MIND Stock

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  0.32PD Pagerduty Earnings Call This WeekPairCorr
  0.32VCSA Vacasa IncPairCorr
The ability to find closely correlated positions to MIND CTI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MIND CTI 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 MIND CTI - 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 MIND CTI to buy it.
The correlation of MIND CTI 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 MIND CTI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MIND CTI 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 MIND CTI 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.
Pair CorrelationCorrelation Matching
When determining whether MIND CTI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MIND CTI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mind Cti Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mind Cti Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIND CTI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Application Software 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 MIND CTI. If investors know MIND 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 MIND CTI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Earnings Share
0.23
Revenue Per Share
1.079
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0874
The market value of MIND CTI is measured differently than its book value, which is the value of MIND that is recorded on the company's balance sheet. Investors also form their own opinion of MIND CTI's value that differs from its market value or its book value, called intrinsic value, which is MIND CTI'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 MIND CTI's market value can be influenced by many factors that don't directly affect MIND CTI'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 MIND CTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if MIND CTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MIND CTI'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.