Currency Exchange Gross Profit vs. Current Valuation
| CXI Stock | CAD 22.74 0.10 0.44% |
Gross Profit | First Reported 2010-10-31 | Previous Quarter 11.2 M | Current Value 23.7 M | Quarterly Volatility 4.3 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.48 | 0.89 |
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For Currency Exchange profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Currency Exchange to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Currency Exchange International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Currency Exchange's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Currency Exchange International over time as well as its relative position and ranking within its peers.
Currency |
Currency Exchange Current Valuation vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Currency Exchange's current stock value. Our valuation model uses many indicators to compare Currency Exchange value to that of its competitors to determine the firm's financial worth. Currency Exchange International is number one stock in gross profit category among its peers. It also is the top company in current valuation category among its peers . At this time, Currency Exchange's Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Currency Exchange by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Currency Exchange'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.Currency Current Valuation vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Currency Exchange |
| = | 65.19 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Currency Exchange |
| = | (16.98 M) |
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.
Currency Current Valuation vs Competition
Currency Exchange International is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 21.65 Trillion. Currency Exchange has negative current valuation of (16.98 Million) contributing less than 1% to the industry.
Currency Exchange Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Currency Exchange, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Currency Exchange will eventually generate negative long term returns. The profitability progress is the general direction of Currency Exchange's change in net profit over the period of time. It can combine multiple indicators of Currency Exchange, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -7.6 M | -7.2 M | |
| Operating Income | 21.5 M | 22.6 M | |
| Income Before Tax | 16.7 M | 17.5 M | |
| Total Other Income Expense Net | -3.8 M | -3.6 M | |
| Net Income | 11.7 M | 12.3 M | |
| Income Tax Expense | 5 M | 5.2 M | |
| Net Income From Continuing Ops | 11.7 M | 12.3 M | |
| Net Income Applicable To Common Shares | 10.6 M | 11.1 M | |
| Interest Income | 501.3 K | 580.7 K | |
| Net Interest Income | -3 M | -2.8 M | |
| Change To Netincome | 1.3 M | 739.9 K | |
| Net Income Per Share | 0.06 | 0.05 | |
| Income Quality | (1.21) | (1.15) | |
| Net Income Per E B T | 0.58 | 0.90 |
Currency Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Currency Exchange. 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 Currency Exchange 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 Currency Exchange's important profitability drivers and their relationship over time.
Use Currency Exchange 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 Currency Exchange 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 Currency Exchange will appreciate offsetting losses from the drop in the long position's value.Currency Exchange Pair Trading
Currency Exchange International Pair Trading Analysis
The ability to find closely correlated positions to Currency Exchange could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Currency Exchange 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 Currency Exchange - 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 Currency Exchange International to buy it.
The correlation of Currency Exchange 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 Currency Exchange moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Currency Exchange 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 Currency Exchange 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 Currency Exchange position
In addition to having Currency Exchange 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?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Real Estate ETFs theme has 65 constituents at this time.
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Other Information on Investing in Currency Stock
To fully project Currency Exchange's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Currency Exchange 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 Currency Exchange's income statement, its balance sheet, and the statement of cash flows.