Mainstreet Equity Corp Stock Market Value
| MEQYF Stock | USD 145.03 2.57 1.80% |
| Symbol | Mainstreet |
Mainstreet Equity 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Mainstreet Equity's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Mainstreet Equity.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Mainstreet Equity on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Mainstreet Equity Corp or generate 0.0% return on investment in Mainstreet Equity over 30 days. Mainstreet Equity is related to or competes with Boston Properties, Kilroy Realty, SL Green, Vornado Realty, Highwoods Properties, Alexandria Real, and Douglas Emmett. Mainstreet Equity Corp. engages in the acquisition, divestiture, value-enhancement, and management of multi-family resid... More
Mainstreet Equity Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Mainstreet Equity's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Mainstreet Equity Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.04 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.8 |
Mainstreet Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstreet Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mainstreet Equity's standard deviation. In reality, there are many statistical measures that can use Mainstreet Equity historical prices to predict the future Mainstreet Equity's volatility.| Risk Adjusted Performance | 0.0622 | |||
| Jensen Alpha | 0.0935 | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.57) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mainstreet Equity's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mainstreet Equity Corp Backtested Returns
At this point, Mainstreet Equity is very steady. Mainstreet Equity Corp has Sharpe Ratio of 0.0064, which conveys that the firm had a 0.0064% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Mainstreet Equity, which you can use to evaluate the volatility of the firm. Please verify Mainstreet Equity's Mean Deviation of 0.4642, risk adjusted performance of 0.0622, and Standard Deviation of 1.14 to check out if the risk estimate we provide is consistent with the expected return of 0.0062%. The company secures a Beta (Market Risk) of -0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mainstreet Equity are expected to decrease at a much lower rate. During the bear market, Mainstreet Equity is likely to outperform the market. Mainstreet Equity Corp right now secures a risk of 0.97%. Please verify Mainstreet Equity Corp standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and rate of daily change , to decide if Mainstreet Equity Corp will be following its current price movements.
Auto-correlation | -0.34 |
Poor reverse predictability
Mainstreet Equity Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Mainstreet Equity time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mainstreet Equity Corp price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Mainstreet Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 1.59 |
Mainstreet Equity Corp lagged returns against current returns
Autocorrelation, which is Mainstreet Equity pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Mainstreet Equity's pink sheet expected returns. We can calculate the autocorrelation of Mainstreet Equity returns to help us make a trade decision. For example, suppose you find that Mainstreet Equity has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Mainstreet Equity regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Mainstreet Equity pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mainstreet Equity pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mainstreet Equity pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mainstreet Equity Lagged Returns
When evaluating Mainstreet Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mainstreet Equity pink sheet have on its future price. Mainstreet Equity autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Mainstreet Equity autocorrelation shows the relationship between Mainstreet Equity pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mainstreet Equity Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mainstreet Pink Sheet
Mainstreet Equity financial ratios help investors to determine whether Mainstreet Pink Sheet 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.