| EIF Stock | | | CAD 56.23 0.42 0.75% |
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. As of the 23rd of November 2024,
Price To Sales Ratio is likely to drop to 0.66. In addition to that,
Days Sales Outstanding is likely to drop to 58.10. At this time, Exchange Income's
Change To Netincome is very stable compared to the past year. As of the 23rd of November 2024,
Net Income Per Share is likely to grow to 2.78, while
Total Other Income Expense Net is likely to drop (7.2
M).
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.
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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 Cash And Equivalents vs. Shares Owned By Insiders 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 one of the top stocks in shares owned by insiders category among its peers. It is rated
# 2 in cash and equivalents category among its peers creating about
21,996,226 of Cash And Equivalents per Shares Owned By Insiders. At this time, Exchange Income's Cash And Equivalents 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 Cash And Equivalents vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Exchange Income | Insiders Shares | = | Executives Shares | + | Employees |
| = | 6.36 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Exchange Income | Cash | = | Bank Deposits | + | Liquidities |
| = | 139.9 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Exchange Cash And Equivalents Comparison
Exchange Income is currently under evaluation in cash and equivalents category among its peers.
Exchange Income Profitability Projections
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.
Exchange Profitability Driver Comparison
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.
Use Exchange Income 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 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.
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.
Giant Impact
An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 44 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
Giant Impact Theme or any other
thematic opportunities.
Other Information on Investing in Exchange Stock
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.
