| MEQ Stock | | | CAD 204.65 0.57 0.28% |
Based on the key profitability measurements obtained from Mainstreet Equity's financial statements, Mainstreet Equity Corp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Mainstreet Equity's ability to earn profits and add value for shareholders. At this time, Mainstreet Equity's
Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024,
EV To Sales is likely to grow to 18.80, while
Days Sales Outstanding is likely to drop 0.83. At this time, Mainstreet Equity's
Net Income Per E B T is very stable compared to the past year.
For Mainstreet Equity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mainstreet Equity to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Mainstreet Equity Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mainstreet Equity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mainstreet Equity Corp over time as well as its relative position and ranking within its peers.
Check out
Correlation Analysis.
Please note, there is a significant difference between Mainstreet Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mainstreet Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mainstreet Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Mainstreet Equity Corp Shares Outstanding vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mainstreet Equity's current stock value. Our valuation model uses many indicators to compare Mainstreet Equity value to that of its competitors to determine the firm's financial worth.
Mainstreet Equity Corp is regarded
fifth in price to earning category among its peers. It is rated
below average in shares outstanding category among its peers creating about
741,354 of Shares Outstanding per Price To Earning. As of the 11th of December 2024,
Common Stock Shares Outstanding is likely to grow to about 11.1
M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Mainstreet Equity by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mainstreet Equity's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Mainstreet Shares Outstanding vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Mainstreet Equity | P/E | = | Market Value Per ShareEarnings Per Share |
| = | 12.57 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Mainstreet Equity | Shares Outstanding | = | Public Shares | - | Repurchased |
| = | 9.32 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Mainstreet Shares Outstanding Comparison
Mainstreet Equity is currently under evaluation in shares outstanding category among its peers.
Mainstreet Equity Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mainstreet Equity, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mainstreet Equity will eventually generate negative long term returns. The profitability progress is the general direction of Mainstreet Equity's change in net profit over the period of time. It can combine
multiple indicators of Mainstreet Equity, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Mainstreet Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Mainstreet Equity. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Mainstreet Equity position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Mainstreet Equity's important profitability drivers and their relationship over time.
Use Mainstreet Equity in pair-trading
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.
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.
Use Investing Themes to Complement your Mainstreet Equity position
In addition to having Mainstreet Equity in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.
Aluminum
Companies involved in production of aluminum. The Aluminum theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can
partner with us for reliable portfolio optimization as you plan to utilize
Aluminum Theme or any other
thematic opportunities.
Other Information on Investing in Mainstreet Stock
To fully project Mainstreet Equity's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Mainstreet Equity Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Mainstreet Equity's income statement, its balance sheet, and the statement of cash flows.
Potential Mainstreet Equity investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Mainstreet Equity investors may work on each financial statement separately, they are all related. The changes in Mainstreet Equity's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mainstreet Equity's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
