Exchange Income Shares Owned By Institutions vs. Price To Earning
| EIF Stock | CAD 56.23 0.42 0.75% |
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.
Exchange |
Exchange Income Price To Earning vs. Shares Owned By Institutions 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 shares owned by institutions category among its peers. It is one of the top stocks in price to earning category among its peers reporting about 1.89 of Price To Earning per Shares Owned By Institutions. 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 Price To Earning vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Exchange Income |
| = | 11.50 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Exchange Income |
| = | 21.72 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Exchange Price To Earning Comparison
Exchange Income is currently under evaluation in price to earning 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 Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. Exchange Income Corporation is headquartered in Winnipeg, Canada. EXCHANGE INCOME operates under Airlines classification in Canada and is traded on Toronto Stock Exchange.
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.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.Did You Try This Idea?
Run Toys Thematic Idea Now
Toys
Companies producing and distributing toys and different gaming products for kids. The Toys theme has 47 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 Toys Theme or any other thematic opportunities.
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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.