Based on the measurements of profitability obtained from Exchange Income's financial statements, Exchange Income's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Exchange Income's ability to earn profits and add value for shareholders.
For Exchange Income profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Exchange Income to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Exchange Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Exchange Income's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Exchange Income over time as well as its relative position and ranking within its peers.
Please note, there is a significant difference between Exchange Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Income'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.
Exchange Income Current Valuation vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Exchange Income's current stock value. Our valuation model uses many indicators to compare Exchange Income value to that of its competitors to determine the firm's financial worth.
Exchange Income is rated # 2 in price to sales category among its peers. It also is rated # 2 in current valuation category among its peers reporting about 4,742,373,410 of Current Valuation per Price To Sales. At this time, Exchange Income's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Exchange Income by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Exchange Income'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.
Exchange Current Valuation vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Exchange Income
P/S
=
MV Per Share
Revenue Per Share
=
1.02 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Exchange Income
Enterprise Value
=
Market Cap + Debt
-
Cash
=
4.83 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Exchange Current Valuation vs Competition
Exchange Income is rated # 2 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is currently estimated at about 66.24 Billion. Exchange Income holds roughly 4.83 Billion in current valuation claiming about 7% of equities under Industrials industry.
The most important aspect of a successful company is its ability to generate a profit. For investors in Exchange Income, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Exchange Income will eventually generate negative long term returns. The profitability progress is the general direction of Exchange Income's change in net profit over the period of time. It can combine multiple indicators of Exchange Income, 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.
Profitability drivers are factors that can directly affect your investment outlook on Exchange Income. 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 Exchange Income 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 Exchange Income's important profitability drivers and their relationship over time.
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 Exchange Income 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 Exchange Income will appreciate offsetting losses from the drop in the long position's value.
Exchange Income Pair Trading
Exchange Income Pair Trading Analysis
The ability to find closely correlated positions to Exchange Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exchange Income 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 Exchange Income - 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 Exchange Income to buy it.
The correlation of Exchange Income 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 Exchange Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exchange Income 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 Exchange Income 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 Exchange Income position
In addition to having Exchange Income 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.
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Insurance
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 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 Insurance Theme or any other thematic opportunities.
To fully project Exchange Income's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Exchange Income 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 Exchange Income's income statement, its balance sheet, and the statement of cash flows.
Potential Exchange Income investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Exchange Income investors may work on each financial statement separately, they are all related. The changes in Exchange Income's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Exchange Income'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.
