Mainstreet Equity Corp Stock Statistic Functions Beta

MEQ Stock  CAD 203.51  2.51  1.25%   
Mainstreet Equity statistic functions tool provides the execution environment for running the Beta function and other technical functions against Mainstreet Equity. Mainstreet Equity value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Mainstreet Equity statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Mainstreet Equity Corp correlated with the market. If Beta is less than 0 Mainstreet Equity generally moves in the opposite direction as compared to the market. If Mainstreet Equity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstreet Equity Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstreet Equity is generally in the same direction as the market. If Beta > 1 Mainstreet Equity moves generally in the same direction as, but more than the movement of the benchmark.

Mainstreet Equity Technical Analysis Modules

Most technical analysis of Mainstreet Equity help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mainstreet from various momentum indicators to cycle indicators. When you analyze Mainstreet charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Mainstreet Equity Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mainstreet Equity Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstreet Equity Corp based on widely used predictive technical indicators. In general, we focus on analyzing Mainstreet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mainstreet Equity's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Mainstreet Equity's intrinsic value. In addition to deriving basic predictive indicators for Mainstreet Equity, we also check how macroeconomic factors affect Mainstreet Equity price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding3.132.850.870.83
PTB Ratio0.820.9417.8518.75
Hype
Prediction
LowEstimatedHigh
202.26203.51204.76
Details
Intrinsic
Valuation
LowRealHigh
167.88169.13223.86
Details
Naive
Forecast
LowNextHigh
202.70203.95205.19
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.182.000.18
Details

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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.