CXI Stock | | | CAD 21.93 0.55 2.45% |
Currency Exchange financial indicator trend analysis is way more than just evaluating Currency Exchange prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Currency Exchange is a good investment. Please check the relationship between Currency Exchange Reconciled Depreciation and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Currency Exchange International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Currency Exchange Reconciled Depreciation account and
Ebit. At this time, the significance of the direction appears to have weak relationship.
The correlation between Currency Exchange's Reconciled Depreciation and Ebit is 0.39. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Ebit in the same time period over historical financial statements of Currency Exchange International, assuming nothing else is changed. The correlation between historical values of Currency Exchange's Reconciled Depreciation and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Currency Exchange International are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Reconciled Depreciation i.e., Currency Exchange's Reconciled Depreciation and Ebit go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Most indicators from Currency Exchange's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Currency Exchange current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Currency Exchange International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of the 27th of February 2025,
Selling General Administrative is likely to grow to about 26.3
M. Also,
Tax Provision is likely to grow to about 7.5
MBalance Sheet is a snapshot of the
financial position of Currency Exchange at a specified time, usually calculated after every quarter, six months, or one year. Currency Exchange Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Currency Exchange and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Currency currently owns. An asset can also be divided into two categories, current and non-current.