Navjeet Dhillon - Mainstreet Equity CEO
| MEQ Stock | CAD 201.85 5.67 2.89% |
CEO
Mr. Navjeet N. Dhillon is President, Chief Executive Officer and Director of Mainstreet Equity Corporationrationration. He is Director since June 24, 1997. He is Member of Executive Committee
| Professional Marks | MBA |
| Address | 305 10 Avenue SE, Calgary, AB, Canada, T2G 0W2 |
| Phone | 403 215 6060 |
| Web | https://www.mainst.biz |
Mainstreet Equity Management Efficiency
The company has return on total asset (ROA) of 0.0256 % which means that it generated a profit of $0.0256 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0938 %, meaning that it generated $0.0938 on every $100 dollars invested by stockholders. Mainstreet Equity's management efficiency ratios could be used to measure how well Mainstreet Equity manages its routine affairs as well as how well it operates its assets and liabilities. As of the 21st of November 2024, Return On Tangible Assets is likely to drop to 0.0007. In addition to that, Return On Capital Employed is likely to drop to 0.05. At this time, Mainstreet Equity's Intangibles To Total Assets are very stable compared to the past year. As of the 21st of November 2024, Debt To Assets is likely to grow to 0.81, while Net Tangible Assets are likely to drop about 875.4 M.Similar Executives
| Found 4 records | CEO Age | ||
| D Patterson | FirstService Corp | 58 | |
| Charles Fallon | FirstService Corp | 56 | |
| Scott Patterson | FirstService Corp | 63 | |
| Charlie Chase | FirstService Corp | 63 | |
Management Performance
| Return On Equity | 0.0938 | ||||
| Return On Asset | 0.0256 |
Mainstreet Equity Corp Leadership Team
Elected by the shareholders, the Mainstreet Equity's board of directors comprises two types of representatives: Mainstreet Equity inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mainstreet. The board's role is to monitor Mainstreet Equity's management team and ensure that shareholders' interests are well served. Mainstreet Equity's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mainstreet Equity's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Trina Cui, Chief Financial Officer | ||
| Johnny Lam, Chief Operating Officer | ||
| Trina CPA, Chief Officer | ||
| Richard Grimaldi, Independent Director | ||
| Navjeet Dhillon, Founder, CEO and President Director and Member of Executive Committee | ||
| Sheena Keslick, Vice President - Operations | ||
| Ron Anderson, Independent Director | ||
| John Irwin, Independent Director | ||
| Karanveer Dhillon, Independent Director | ||
| Luckresha Baker, Human Manager | ||
| Joseph Amantea, Secretary, Treasurer, Director, Chairman of Human Resource Committee and Member of Executive Committee | ||
| Jesse Greenwell, Culture Communications |
Mainstreet Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Mainstreet Equity a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0938 | ||||
| Return On Asset | 0.0256 | ||||
| Profit Margin | 0.53 % | ||||
| Operating Margin | 0.57 % | ||||
| Current Valuation | 3.49 B | ||||
| Shares Outstanding | 9.32 M | ||||
| Shares Owned By Insiders | 48.94 % | ||||
| Shares Owned By Institutions | 18.92 % | ||||
| Number Of Shares Shorted | 43.97 K | ||||
| Price To Earning | 12.57 X |
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.Moving together with Mainstreet Stock
Moving against Mainstreet Stock
| 0.54 | MFC-PC | Manulife Finl Srs | PairCorr |
| 0.5 | SLF-PG | Sun Life Non | PairCorr |
| 0.48 | SLF-PC | Sun Life Financial | PairCorr |
| 0.47 | SLF-PD | Sun Life Financial | PairCorr |
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.