Mainstreet Equity Corp Stock Price on December 11, 2024
MEQ Stock | CAD 198.42 1.58 0.79% |
If you're considering investing in Mainstreet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mainstreet Equity stands at 198.42, as last reported on the 22nd of January, with the highest price reaching 199.66 and the lowest price hitting 197.86 during the day. Mainstreet Equity Corp has Sharpe Ratio of -0.0227, which conveys that the firm had a -0.0227 % return per unit of risk over the last 3 months. Mainstreet Equity exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mainstreet Equity's Standard Deviation of 1.51, mean deviation of 1.07, and Risk Adjusted Performance of 0.0022 to check out the risk estimate we provide.
Mainstreet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstreet |
Sharpe Ratio = -0.0227
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Estimated Market Risk
1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mainstreet Equity is not performing at its full potential. However, 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 Mainstreet Equity to a well-diversified portfolio.
Mainstreet Equity Valuation on December 11, 2024
It is possible to determine the worth of Mainstreet Equity on a given historical date. On December 11, 2024 Mainstreet was worth 204.62 at the beginning of the trading date compared to the closed value of 208.99. 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 | |
202.85 | 204.65 | 202.84 | 204.65 | 948.00 | |
12/11/2024 | 204.62 | 210.00 | 204.62 | 208.99 | 6,859 |
210.88 | 211.13 | 208.41 | 209.76 | 1,408 |
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Mainstreet Equity Trading Date Momentum on December 11, 2024
On December 12 2024 Mainstreet Equity Corp was traded for 209.76 at the closing time. The maximum traded price for the trading interval was 211.13 and the lowest daily price was 208.41 . The daily volume was recorded at 1.4 K. The volume of trading on 12th of December 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.37% . The trading delta at closing time to the closing price today is 0.21% . |
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
Mainstreet Equity Corp., a real estate corporation, engages in the acquisition, divestiture, financing, value-enhancement, and management of multi-family residential properties primarily in Western Canada. The company was founded in 1997 and is headquartered in Calgary, Canada. MAINSTREET operates under Real Estate Services classification in Canada and is traded on Toronto Stock Exchange.
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.
Price Boundaries
Mainstreet Equity Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
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 January 22, 2025 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.
Risk Adjusted Performance | 0.0022 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | (0.1) |
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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.