Mainstreet Equity Corp Stock Today
| MEQ Stock | CAD 175.57 3.78 2.11% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Mainstreet Equity is selling at 175.57 as of the 9th of May 2024; that is -2.11 percent decrease since the beginning of the trading day. The stock's open price was 179.35. Mainstreet Equity has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Mainstreet Equity Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2024 and ending today, the 9th of May 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | Category Real Estate |
Mainstreet Equity Corp., a real estate corporation, engages in the acquisition, divestiture, financing, value-enhancement, and management of multi-family residential properties primarily in Western Canada. The company was founded in 1997 and is headquartered in Calgary, Canada. The company has 9.32 M outstanding shares of which 42.17 K shares are now shorted by private and institutional investors with about 14.77 days to cover all short positions. More on Mainstreet Equity Corp
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Mainstreet Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mainstreet Equity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mainstreet Equity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Navjeet Dhillon | ||||
| Business Concentration | Real Estate Management & Development, Equity Real Estate Investment Trusts (REITs), Real Estate, Real Estate, Real Estate Management & Development, Real Estate Services, Real Estate (View all Sectors) | ||||
Mainstreet Equity's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Mainstreet Equity's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mainstreet Equity's financial leverage. It provides some insight into what part of Mainstreet Equity's total assets is financed by creditors.
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Mainstreet Equity Corp (MEQ) is traded on Toronto Exchange in Canada and employs 526 people. Mainstreet Equity is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.67 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mainstreet Equity's market, we take the total number of its shares issued and multiply it by Mainstreet Equity's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mainstreet Equity Corp operates under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 9.32 M outstanding shares of which 42.17 K shares are now shorted by private and institutional investors with about 14.77 days to cover all short positions.
Mainstreet Equity Corp has accumulated about 20.8 M in cash with 70.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22.
Check Mainstreet Equity Probability Of Bankruptcy
Ownership AllocationMainstreet Equity Corp holds a total of 9.32 Million outstanding shares. Mainstreet Equity Corp holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Mainstreet Ownership Details
Mainstreet Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Mainstreet Equity jumping above the current price in 90 days from now is about 60.18%. The Mainstreet Equity Corp probability density function shows the probability of Mainstreet Equity stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Mainstreet Equity has a beta of 0.594. This indicates as returns on the market go up, Mainstreet Equity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mainstreet Equity Corp will be expected to be much smaller as well. Additionally, mainstreet Equity Corp has an alpha of 0.1808, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Mainstreet Equity to move above the current price in 90 days from now is about 60.18 (This Mainstreet Equity Corp probability density function shows the probability of Mainstreet Stock to fall within a particular range of prices over 90 days) .
Mainstreet Equity Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mainstreet Equity market risk premium is the additional return an investor will receive from holding Mainstreet Equity 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 Mainstreet Equity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mainstreet Equity's alpha and beta are two of the key measurements used to evaluate Mainstreet Equity's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.02 | |||
| Semi Deviation | 0.8624 | |||
| Standard Deviation | 1.29 | |||
| Variance | 1.67 |
Mainstreet Stock Against Markets
Picking the right benchmark for Mainstreet Equity stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mainstreet Equity stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mainstreet Equity is critical whether you are bullish or bearish towards Mainstreet Equity Corp at a given time. Please also check how Mainstreet Equity's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Mainstreet Equity without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Mainstreet Equity Corporate Directors
Mainstreet Equity corporate directors refer to members of a Mainstreet Equity board of directors. The board of directors generally takes responsibility for the Mainstreet Equity's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Mainstreet Equity's board members must vote for the resolution. The Mainstreet Equity board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Richard Grimaldi | Independent Director | Profile | |
| Ron Anderson | Independent Director | Profile | |
| John Irwin | Independent Director | Profile | |
| Karanveer Dhillon | Independent Director | Profile |
How to buy Mainstreet Stock?
Before investing in Mainstreet Equity, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mainstreet Equity. To buy Mainstreet Equity stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mainstreet Equity. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Mainstreet Equity stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mainstreet Equity Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Mainstreet Equity Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Mainstreet Equity Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Mainstreet Equity Corp?
The danger of trading Mainstreet Equity Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mainstreet Equity is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mainstreet Equity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mainstreet Equity Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstreet Equity Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Mainstreet Stock analysis
When running Mainstreet Equity's price analysis, check to measure Mainstreet Equity'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 Mainstreet Equity is operating at the current time. Most of Mainstreet Equity's value examination focuses on studying past and present price action to predict the probability of Mainstreet Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mainstreet Equity's price. Additionally, you may evaluate how the addition of Mainstreet Equity to your portfolios can decrease your overall portfolio volatility.
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