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MIND vs. PAYS
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

MIND vs. PAYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MIND Technology, Inc. (MIND) and PaySign, Inc. (PAYS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MIND achieves a -23.09% return, which is significantly lower than PAYS's 32.23% return. Over the past 10 years, MIND has underperformed PAYS with an annualized return of -16.18%, while PAYS has yielded a comparatively higher 42.66% annualized return.


MIND

1D
1.96%
1M
6.12%
YTD
-23.09%
6M
-31.23%
1Y
10.82%
3Y*
2.38%
5Y*
-20.13%
10Y*
-16.18%

PAYS

1D
-7.97%
1M
-0.58%
YTD
32.23%
6M
29.47%
1Y
57.27%
3Y*
38.56%
5Y*
15.73%
10Y*
42.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MIND vs. PAYS - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MIND
MIND Technology, Inc.
-23.09%10.71%20.49%43.29%-72.76%-24.63%-21.95%12.11%-19.24%-23.61%
PAYS
PaySign, Inc.
32.23%70.53%7.86%8.53%61.25%-65.52%-54.29%188.35%382.19%118.56%

Correlation

The correlation between MIND and PAYS is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.12

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.12

Correlation (10Y)
Calculated over the trailing 10-year period

0.08

Correlation (All Time)
Calculated using the full available price history since Oct 11, 2007

0.05

Fundamentals

Market Cap

MIND:

$61.11M

PAYS:

$415.56M

EPS

MIND:

$0.09

PAYS:

$0.17

PE Ratio

MIND:

75.08

PAYS:

39.65

PB Ratio

MIND:

1.48

PAYS:

7.55

Total Revenue (TTM)

MIND:

-$29.37M

PAYS:

$91.47M

Gross Profit (TTM)

MIND:

$19.33M

PAYS:

$46.93M

EBITDA (TTM)

MIND:

$3.77M

PAYS:

$22.09M

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Return for Risk

MIND vs. PAYS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MIND
MIND Risk / Return Rank: 4747
Overall Rank
MIND Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
MIND Sortino Ratio Rank: 5050
Sortino Ratio Rank
MIND Omega Ratio Rank: 5050
Omega Ratio Rank
MIND Calmar Ratio Rank: 4545
Calmar Ratio Rank
MIND Martin Ratio Rank: 4444
Martin Ratio Rank

PAYS
PAYS Risk / Return Rank: 6363
Overall Rank
PAYS Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
PAYS Sortino Ratio Rank: 6666
Sortino Ratio Rank
PAYS Omega Ratio Rank: 6868
Omega Ratio Rank
PAYS Calmar Ratio Rank: 6060
Calmar Ratio Rank
PAYS Martin Ratio Rank: 5757
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MIND vs. PAYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MIND Technology, Inc. (MIND) and PaySign, Inc. (PAYS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


MINDPAYSDifference
Sharpe ratioReturn per unit of total volatility

-0.67

Sortino ratioReturn per unit of downside risk

-0.74

Omega ratioGain probability vs. loss probability

1.11

1.21

-0.11

Calmar ratioReturn relative to maximum drawdown

0.18

0.92

-0.73

Martin ratioReturn relative to average drawdown

0.33

1.55

-1.22

MIND vs. PAYS - Sharpe Ratio Comparison

The current MIND Sharpe Ratio is 0.12, which is lower than the PAYS Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of MIND and PAYS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


MINDPAYSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.12

0.79

-0.67

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.24

0.23

-0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.21

0.56

-0.77

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.07

0.09

-0.16

Drawdowns

MIND vs. PAYS - Drawdown Comparison

The maximum MIND drawdown since its inception was -99.04%, roughly equal to the maximum PAYS drawdown of -98.95%. Use the drawdown chart below to compare losses from any high point for MIND and PAYS.


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Drawdown Indicators


MINDPAYSDifference

Max Drawdown

Largest peak-to-trough decline

-99.04%

-98.95%

-0.09%

Max Drawdown (1Y)

Largest decline over 1 year

-58.85%

-62.85%

+4.00%

Max Drawdown (3Y)

Largest decline over 3 years

-59.50%

-64.60%

+5.10%

Max Drawdown (5Y)

Largest decline over 5 years

-85.66%

-65.65%

-20.01%

Max Drawdown (10Y)

Largest decline over 10 years

-93.63%

-93.09%

-0.54%

Current Drawdown

Current decline from peak

-97.94%

-62.06%

-35.88%

Average Drawdown

Average peak-to-trough decline

-73.06%

-69.40%

-3.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

32.82%

37.04%

-4.22%

Volatility

MIND vs. PAYS - Volatility Comparison

The current volatility for MIND Technology, Inc. (MIND) is 13.40%, while PaySign, Inc. (PAYS) has a volatility of 23.81%. This indicates that MIND experiences smaller price fluctuations and is considered to be less risky than PAYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MINDPAYSDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.40%

23.81%

-10.41%

Volatility (6M)

Calculated over the trailing 6-month period

65.71%

51.41%

+14.30%

Volatility (1Y)

Calculated over the trailing 1-year period

89.81%

72.80%

+17.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

83.59%

67.43%

+16.16%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

77.83%

76.22%

+1.61%

Dividends

MIND vs. PAYS - Dividend Comparison

Neither MIND nor PAYS has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

MIND vs. PAYS - Financials Comparison

This section allows you to compare key financial metrics between MIND Technology, Inc. and PaySign, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


-60.00M-40.00M-20.00M0.0020.00MJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
-60.52M
28.04M
(MIND) Total Revenue
(PAYS) Total Revenue
Values in USD except per share items

MIND vs. PAYS - Profitability Comparison

The chart below illustrates the profitability comparison between MIND Technology, Inc. and PaySign, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%JulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
-8.8%
65.0%
Portfolio components
MIND - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MIND Technology, Inc. reported a gross profit of 5.31M and revenue of -60.52M. Therefore, the gross margin over that period was -8.8%.

PAYS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PaySign, Inc. reported a gross profit of 18.22M and revenue of 28.04M. Therefore, the gross margin over that period was 65.0%.

MIND - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MIND Technology, Inc. reported an operating income of 78.00K and revenue of -60.52M, resulting in an operating margin of -0.1%.

PAYS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PaySign, Inc. reported an operating income of 6.67M and revenue of 28.04M, resulting in an operating margin of 23.8%.

MIND - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MIND Technology, Inc. reported a net income of -271.00K and revenue of -60.52M, resulting in a net margin of 0.5%.

PAYS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PaySign, Inc. reported a net income of 5.44M and revenue of 28.04M, resulting in a net margin of 19.4%.


Frequently Asked Questions


MIND and PAYS have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PAYS has higher volatility (23.81%) compared to MIND (13.40%). In terms of maximum drawdown, MIND dropped -99.04% vs PAYS's -98.95%.

PAYS currently has the higher Sharpe Ratio (0.79 vs 0.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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