Mainstreet Change In Working Capital from 2010 to 2024
MEQ Stock | CAD 203.51 2.51 1.25% |
Change In Working Capital | First Reported 1999-03-31 | Previous Quarter 894 K | Current Value 4 M | Quarterly Volatility 2.4 M |
Check Mainstreet Equity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mainstreet Equity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 117.1 M, Interest Expense of 49.5 M or Selling General Administrative of 20.8 M, as well as many indicators such as Price To Sales Ratio of 19.71, Dividend Yield of 0.0 or PTB Ratio of 18.75. Mainstreet financial statements analysis is a perfect complement when working with Mainstreet Equity Valuation or Volatility modules.
Mainstreet | Change In Working Capital |
Pair Trading with Mainstreet Equity
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 Mainstreet Equity 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 Mainstreet Equity will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Mainstreet Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mainstreet Equity 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 Mainstreet Equity - 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 Mainstreet Equity Corp to buy it.
The correlation of Mainstreet Equity 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 Mainstreet Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mainstreet Equity Corp 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 Mainstreet Equity 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.Other Information on Investing in Mainstreet Stock
Mainstreet Equity financial ratios help investors to determine whether Mainstreet Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstreet with respect to the benefits of owning Mainstreet Equity security.