MediciNova Research Development from 2010 to 2024

MNOV Stock  USD 2.28  0.75  49.02%   
MediciNova Research Development yearly trend continues to be fairly stable with very little volatility. Research Development is likely to outpace its year average in 2024. During the period from 2010 to 2024, MediciNova Research Development regression line of quarterly data had mean square error of 3.5 T and geometric mean of  4,795,230. View All Fundamentals
 
Research Development  
First Reported
2004-03-31
Previous Quarter
1.8 M
Current Value
1.6 M
Quarterly Volatility
87.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MediciNova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MediciNova's main balance sheet or income statement drivers, such as Interest Expense of 679.1 K, Other Operating Expenses of 14.5 M or Research Development of 7.9 M, as well as many indicators such as Price To Sales Ratio of 107, Dividend Yield of 0.0 or PTB Ratio of 1.63. MediciNova financial statements analysis is a perfect complement when working with MediciNova Valuation or Volatility modules.
  
Check out the analysis of MediciNova Correlation against competitors.
For more information on how to buy MediciNova Stock please use our How to Invest in MediciNova guide.

Latest MediciNova's Research Development Growth Pattern

Below is the plot of the Research Development of MediciNova over the last few years. It is MediciNova's Research Development historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MediciNova's overall financial position and show how it may be relating to other accounts over time.
Research Development10 Years Trend
Slightly volatile
   Research Development   
       Timeline  

MediciNova Research Development Regression Statistics

Arithmetic Mean5,436,664
Geometric Mean4,795,230
Coefficient Of Variation43.94
Mean Deviation1,960,795
Median5,625,814
Standard Deviation2,388,712
Sample Variance5.7T
Range8.2M
R-Value0.66
Mean Square Error3.5T
R-Squared0.43
Significance0.01
Slope350,069
Total Sum of Squares79.9T

MediciNova Research Development History

20247.9 M
20235.7 M
20229.1 M
20218.5 M
20207.5 M
20196.1 M
20185.6 M

About MediciNova Financial Statements

MediciNova investors use historical fundamental indicators, such as MediciNova's Research Development, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in MediciNova. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Research Development5.7 M7.9 M

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Additional Tools for MediciNova Stock Analysis

When running MediciNova's price analysis, check to measure MediciNova'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 MediciNova is operating at the current time. Most of MediciNova's value examination focuses on studying past and present price action to predict the probability of MediciNova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MediciNova's price. Additionally, you may evaluate how the addition of MediciNova to your portfolios can decrease your overall portfolio volatility.