Mainstreet Equity Corp Stock Price on December 5, 2024

MEQ Stock  CAD 204.65  0.57  0.28%   
Below is the normalized historical share price chart for Mainstreet Equity Corp extending back to May 31, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mainstreet Equity stands at 204.65, as last reported on the 11th of December 2024, with the highest price reaching 204.65 and the lowest price hitting 202.84 during the day.
200 Day MA
186.2846
50 Day MA
201.262
Beta
1.636
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mainstreet Stock, it is important to understand the factors that can impact its price. As of now, Mainstreet Stock is very steady. Mainstreet Equity Corp has Sharpe Ratio of 0.0639, which conveys that the firm had a 0.0639% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mainstreet Equity, which you can use to evaluate the volatility of the firm. Please verify Mainstreet Equity's Risk Adjusted Performance of 0.0647, downside deviation of 1.12, and Mean Deviation of 0.9652 to check out if the risk estimate we provide is consistent with the expected return of 0.0785%.
  
At this time, Mainstreet Equity's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Common Stock Shares Outstanding is likely to grow to about 11.1 M, though Other Stockholder Equity is likely to grow to (1.1 B). . At this time, Mainstreet Equity's Price Cash Flow Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Sales Ratio is likely to grow to 19.71, though Price Earnings To Growth Ratio is likely to grow to (1.38). Mainstreet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0639

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Estimated Market Risk

 1.23
  actual daily
10
90% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
5
95% of assets perform better
Based on monthly moving average Mainstreet Equity is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mainstreet Equity by adding it to a well-diversified portfolio.
Price Book
1.2525
Enterprise Value Ebitda
12.1446
Price Sales
7.9919
Shares Float
4.8 M
Wall Street Target Price
226

Mainstreet Equity Main Headline on 5th of December 2024

Mainstreet Equity Delivers Strong FY2024 Results TipRanks

Mainstreet Equity Valuation on December 5, 2024

It is possible to determine the worth of Mainstreet Equity on a given historical date. On December 5, 2024 Mainstreet was worth 198.0 at the beginning of the trading date compared to the closed value of 203.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstreet Equity stock. Still, in general, we apply an absolute valuation method to find Mainstreet Equity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mainstreet Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstreet Equity's related companies.
 Open High Low Close Volume
  198.72    198.72    195.98    196.98    4,710  
12/05/2024
  198.00    206.35    197.99    203.17    24,241  
  202.28    202.98    198.50    201.91    7,822  
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Open Value
198.0
194.32
Downside
203.17
Closing Value
201.68
Upside

Mainstreet Equity Trading Date Momentum on December 5, 2024

On December 06 2024 Mainstreet Equity Corp was traded for  201.91  at the closing time. The maximum traded price for the trading interval was 202.98  and the lowest daily price was  198.50 . The daily volume was recorded at 7.8 K. The volume of trading on 6th of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.62% . The trading delta at closing time to the closing price today is 0.16% .

Mainstreet Equity Corp Fundamentals Correlations and Trends

By evaluating Mainstreet Equity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mainstreet Equity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mainstreet financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mainstreet Equity Stock history

Mainstreet Equity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mainstreet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mainstreet Equity Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mainstreet Equity stock prices may prove useful in developing a viable investing in Mainstreet Equity
Last ReportedProjected for Next Year
Common Stock Shares Outstanding10.7 M11.1 M
Net Income Applicable To Common Shares138.6 M96 M

Mainstreet Equity Stock Technical Analysis

Mainstreet Equity technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Mainstreet Equity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mainstreet Equity trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mainstreet Equity Period Price Range

Low
December 11, 2024
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High

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Mainstreet Equity Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Mainstreet Equity December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Mainstreet Equity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mainstreet Equity shares will generate the highest return on investment. By undertsting and applying Mainstreet Equity stock market strength indicators, traders can identify Mainstreet Equity Corp entry and exit signals to maximize returns

Mainstreet Equity Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mainstreet Equity's price direction in advance. Along with the technical and fundamental analysis of Mainstreet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mainstreet to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.