Main Street Capital Stock Alpha and Beta Analysis
| MAIN Stock | USD 48.75 0.25 0.51% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Main Street Capital. It also helps investors analyze the systematic and unsystematic risks associated with investing in Main Street over a specified time horizon. Remember, high Main Street's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Main Street's market risk premium analysis include:
Beta 0.72 | Alpha 0.12 | Risk 0.87 | Sharpe Ratio 0.16 | Expected Return 0.14 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Main Street Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Main Street market risk premium is the additional return an investor will receive from holding Main Street long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Main Street. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Main Street's performance over market.| α | 0.12 | β | 0.72 |
Main Street expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Main Street's Buy-and-hold return. Our buy-and-hold chart shows how Main Street performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Main Street Market Price Analysis
Market price analysis indicators help investors to evaluate how Main Street stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Main Street shares will generate the highest return on investment. By understating and applying Main Street stock market price indicators, traders can identify Main Street position entry and exit signals to maximize returns.
Main Street Return and Market Media
The median price of Main Street for the period between Fri, Mar 8, 2024 and Thu, Jun 6, 2024 is 47.56 with a coefficient of variation of 3.67. The daily time series for the period is distributed with a sample standard deviation of 1.75, arithmetic mean of 47.58, and mean deviation of 1.51. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Main Street dividend paid on 15th of March 2024 | 03/15/2024 |
| Main Street dividend paid on 27th of March 2024 | 03/27/2024 |
1 | Disposition of 12433 shares by Jason Beauvais of Main Street at 47.31 subject to Rule 16b-3 | 04/01/2024 |
2 | Investors in Main Street Capital have seen decent returns of 80 percent over the past five years | 04/02/2024 |
| Main Street dividend paid on 15th of April 2024 | 04/15/2024 |
3 | Main Street Capitals investors will be pleased with their notable 68 percent return over the last three years | 05/09/2024 |
4 | Earnings call Main Street Capital posts record Q1 2024 earnings | 05/10/2024 |
5 | Q1 2024 Main Street Capital Corp Earnings Call Transcript | 05/13/2024 |
| Main Street dividend paid on 15th of May 2024 | 05/15/2024 |
6 | Acquisition by Vincent Foster of 1613 shares of Main Street at 44.4 subject to Rule 16b-3 | 05/16/2024 |
7 | Disposition of 1000 shares by Vincent Foster of Main Street subject to Rule 16b-3 | 05/20/2024 |
8 | Disposition of 20618 shares by Jesse Morris of Main Street at 47.31 subject to Rule 16b-3 | 05/21/2024 |
9 | Acquisition by John Jackson of 193 shares of Main Street at 46.2 subject to Rule 16b-3 | 05/24/2024 |
10 | Main Street Prices Public Offering of 300 Million of 6.50 percent Notes due 2027 | 05/28/2024 |
11 | Main Street Capital Shares Down 0.7 percent - MarketBeat | 06/05/2024 |
About Main Street Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Main or other stocks. Alpha measures the amount that position in Main Street Capital has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0519 | 0.0706 | 0.0534 | Price To Sales Ratio | 7.52 | 8.31 | 9.72 |
Main Street Upcoming Company Events
As portrayed in its financial statements, the presentation of Main Street's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Main Street's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Main Street's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Main Street. Please utilize our Beneish M Score to check the likelihood of Main Street's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Main Street
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Additional Information and Resources on Investing in Main Stock
When determining whether Main Street Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Main Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Main Street Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Main Street Capital Stock:Check out Main Street Backtesting, Main Street Valuation, Main Street Correlation, Main Street Hype Analysis, Main Street Volatility, Main Street History and analyze Main Street Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.