Main Street Stock Market Value

MAIN
 Stock
  

USD 38.51  0.13  0.34%   

Main Street's market value is the price at which a share of Main Street stock trades on a public exchange. It measures the collective expectations of Main Street Capital investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Main Street Capital and determine expected loss or profit from investing in Main Street over a given investment horizon. Additionally, see Main Street Correlation, Main Street Volatility and Main Street Alpha and Beta module to complement your research on Main Street.
Symbol


Is Main Street's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Main Street. If investors know Main Street will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Main Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.39) 
Market Capitalization
B
Quarterly Revenue Growth YOY
0.28
Return On Assets
0.0494
Return On Equity
0.13
The market value of Main Street Capital is measured differently than its book value, which is the value of Main Street that is recorded on the company's balance sheet. Investors also form their own opinion of Main Street's value that differs from its market value or its book value, called intrinsic value, which is Main Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Main Street's market value can be influenced by many factors that don't directly affect Main Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Main Street's value and its price as these two are different measures arrived at by different means. Investors typically determine Main Street value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Street'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.

Main Street '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 Main Street's 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 Main Street.
0.00
10/29/2022
No Change 0.00  0.0 
In 31 days
11/28/2022
0.00
If you would invest  0.00  in Main Street on October 29, 2022 and sell it all today you would earn a total of 0.00 from holding Main Street Capital or generate 0.0% return on investment in Main Street over 30 days. Main Street is related to or competes with Blackrock, Blackstone, Brookfield Asset, Apollo Asset, 3I Group, Bank of New York, and Ameriprise Financial. Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market c... More

Main Street 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 Main Street's 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 Main Street Capital upside and downside potential and time the market with a certain degree of confidence.

Main Street Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Main Street's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Main Street's standard deviation. In reality, there are many statistical measures that can use Main Street historical prices to predict the future Main Street's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Main Street'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. Please use the tools below to analyze the current value of Main Street in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
36.7438.6240.50
Details
Intrinsic
Valuation
LowReal ValueHigh
34.7840.8542.73
Details
Naive
Forecast
LowNext ValueHigh
36.8038.6840.55
Details
4 Analysts
Consensus
LowTarget PriceHigh
39.0044.2548.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Main Street. Your research has to be compared to or analyzed against Main Street's peers to derive any actionable benefits. When done correctly, Main Street's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Main Street Capital.

Main Street Capital Backtested Returns

Main Street Capital has Sharpe Ratio of -0.0323, which conveys that the firm had -0.0323% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Main Street exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Main Street Capital mean deviation of 1.3, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
The company secures a Beta (Market Risk) of 0.8255, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Main Street's beta means in this case. As returns on the market increase, Main Street returns are expected to increase less than the market. However, during the bear market, the loss on holding Main Street will be expected to be smaller as well. Even though it is essential to pay attention to Main Street Capital price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Main Street exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Main Street Capital has an expected return of -0.0611%. Please be advised to verify Main Street Capital downside variance, and the relationship between the sortino ratio and accumulation distribution to decide if Main Street Capital performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.24  

Weak predictability

Main Street Capital has weak predictability. Overlapping area represents the amount of predictability between Main Street time series from 29th of October 2022 to 13th of November 2022 and 13th of November 2022 to 28th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Main Street Capital price movement. The serial correlation of 0.24 indicates that over 24.0% of current Main Street price fluctuation can be explain by its past prices.
Correlation Coefficient0.24
Spearman Rank Test0.38
Residual Average0.0
Price Variance0.13

Main Street Capital lagged returns against current returns

Autocorrelation, which is Main Street 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 Main Street's stock expected returns. We can calculate the autocorrelation of Main Street returns to help us make a trade decision. For example, suppose you find that Main Street stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Main Street 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 Main Street stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Main Street stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Main Street stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Main Street Lagged Returns

When evaluating Main Street's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Main Street stock have on its future price. Main Street 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, Main Street autocorrelation shows the relationship between Main Street stock current value and its past values and can show if there is a momentum factor associated with investing in Main Street Capital.
   Regressed Prices   
Share
       Timeline  

Main Street Investors Sentiment

The influence of Main Street's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Main Street. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Main Street's public news can be used to forecast risks associated with investment in Main Street. The trend in average sentiment can be used to explain how an investor holding Main Street can time the market purely based on public headlines and social activities around Main Street Capital. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Main Street's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Main Street's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Main Street's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Main Street.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Main Street in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Main Street's short interest history, or implied volatility extrapolated from Main Street options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Main Street Capital using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Additionally, see Main Street Correlation, Main Street Volatility and Main Street Alpha and Beta module to complement your research on Main Street. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for analysis

When running Main Street Capital price analysis, check to measure Main Street's 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 Main Street is operating at the current time. Most of Main Street's value examination focuses on studying past and present price action to predict the probability of Main Street's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Main Street's price. Additionally, you may evaluate how the addition of Main Street to your portfolios can decrease your overall portfolio volatility.
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Main Street 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 Main Street technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Main Street 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...