Mainstreet Bancshares Preferred Stock Market Value
| MNSBP Preferred Stock | USD 24.75 0.15 0.60% |
| Symbol | MainStreet |
MainStreet Bancshares '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 Bancshares' preferred stock 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 Bancshares.
| 01/04/2025 |
| 02/03/2025 |
If you would invest 0.00 in MainStreet Bancshares on January 4, 2025 and sell it all today you would earn a total of 0.00 from holding MainStreet Bancshares or generate 0.0% return on investment in MainStreet Bancshares over 30 days. MainStreet Bancshares is related to or competes with CNB Financial, Pinnacle Financial, and OceanFirst Financial. MainStreet Bancshares, Inc. operates as the bank holding company for MainStreet Bank that provides various banking produ... More
MainStreet Bancshares 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 Bancshares' preferred stock 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 Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.7 | |||
| Information Ratio | 0.0354 | |||
| Maximum Drawdown | 7.75 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.83 |
MainStreet Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MainStreet Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MainStreet Bancshares' standard deviation. In reality, there are many statistical measures that can use MainStreet Bancshares historical prices to predict the future MainStreet Bancshares' volatility.| Risk Adjusted Performance | 0.0891 | |||
| Jensen Alpha | 0.0934 | |||
| Total Risk Alpha | 0.0145 | |||
| Sortino Ratio | 0.0242 | |||
| Treynor Ratio | 0.4577 |
MainStreet Bancshares Backtested Returns
Currently, MainStreet Bancshares is very steady. MainStreet Bancshares has Sharpe Ratio of 0.0771, which conveys that the firm had a 0.0771 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for MainStreet Bancshares, which you can use to evaluate the volatility of the firm. Please verify MainStreet Bancshares' Downside Deviation of 1.7, risk adjusted performance of 0.0891, and Mean Deviation of 0.6766 to check out if the risk estimate we provide is consistent with the expected return of 0.0904%. MainStreet Bancshares has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MainStreet Bancshares' returns are expected to increase less than the market. However, during the bear market, the loss of holding MainStreet Bancshares is expected to be smaller as well. MainStreet Bancshares right now secures a risk of 1.17%. Please verify MainStreet Bancshares downside variance, and the relationship between the sortino ratio and daily balance of power , to decide if MainStreet Bancshares will be following its current price movements.
Auto-correlation | -0.86 |
Excellent reverse predictability
MainStreet Bancshares has excellent reverse predictability. Overlapping area represents the amount of predictability between MainStreet Bancshares time series from 4th of January 2025 to 19th of January 2025 and 19th of January 2025 to 3rd of February 2025. 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 Bancshares price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current MainStreet Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
MainStreet Bancshares lagged returns against current returns
Autocorrelation, which is MainStreet Bancshares preferred stock'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 Bancshares' preferred stock expected returns. We can calculate the autocorrelation of MainStreet Bancshares returns to help us make a trade decision. For example, suppose you find that MainStreet Bancshares has exhibited high autocorrelation historically, and you observe that the preferred stock 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 Bancshares 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 Bancshares preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MainStreet Bancshares preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MainStreet Bancshares preferred stock over time.
Current vs Lagged Prices |
| Timeline |
MainStreet Bancshares Lagged Returns
When evaluating MainStreet Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MainStreet Bancshares preferred stock have on its future price. MainStreet Bancshares 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 Bancshares autocorrelation shows the relationship between MainStreet Bancshares preferred stock current value and its past values and can show if there is a momentum factor associated with investing in MainStreet Bancshares.
Regressed Prices |
| Timeline |
Pair Trading with MainStreet Bancshares
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 Bancshares 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 Bancshares will appreciate offsetting losses from the drop in the long position's value.Moving against MainStreet Preferred Stock
| 0.62 | MBCN | Middlefield Banc Normal Trading | PairCorr |
| 0.62 | VABK | Virginia National | PairCorr |
| 0.46 | RF-PE | Regions Financial | PairCorr |
| 0.45 | WF | Woori Financial Group Earnings Call Tomorrow | PairCorr |
| 0.42 | VBNK | VersaBank Normal Trading | PairCorr |
The ability to find closely correlated positions to MainStreet Bancshares 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 Bancshares 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 Bancshares - 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 Bancshares to buy it.
The correlation of MainStreet Bancshares 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 Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MainStreet Bancshares 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 Bancshares 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.Additional Tools for MainStreet Preferred Stock Analysis
When running MainStreet Bancshares' price analysis, check to measure MainStreet Bancshares' 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 Bancshares is operating at the current time. Most of MainStreet Bancshares' value examination focuses on studying past and present price action to predict the probability of MainStreet Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MainStreet Bancshares' price. Additionally, you may evaluate how the addition of MainStreet Bancshares to your portfolios can decrease your overall portfolio volatility.