Currency Days Of Inventory Outstanding from 2010 to 2024

CXI Stock  CAD 22.82  0.17  0.74%   
Currency Exchange Days Of Inventory Outstanding yearly trend continues to be very stable with very little volatility. Days Of Inventory Outstanding is likely to drop to 47.78. During the period from 2010 to 2024, Currency Exchange Days Of Inventory Outstanding quarterly data regression pattern had sample variance of  221.63 and median of  54.97. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
75.28
Current Value
47.78
Quarterly Volatility
14.88727232
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Currency Exchange financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Currency Exchange's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Interest Expense of 1.5 M or Selling General Administrative of 23.6 M, as well as many indicators such as Price To Sales Ratio of 4.42, Dividend Yield of 0.0 or PTB Ratio of 17.13. Currency financial statements analysis is a perfect complement when working with Currency Exchange Valuation or Volatility modules.
  
This module can also supplement various Currency Exchange Technical models . Check out the analysis of Currency Exchange Correlation against competitors.

Pair Trading with Currency Exchange

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.

Moving against Currency Stock

  0.84FFH-PK Fairfax FinancialPairCorr
  0.82FFH-PI Fairfax FinancialPairCorr
  0.82FFH-PE Fairfax FinancialPairCorr
  0.81FFH-PC Fairfax Fin HldPairCorr
  0.81FFH-PG Fairfax Fin HldPairCorr
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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Currency Stock

Currency Exchange financial ratios help investors to determine whether Currency Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Currency with respect to the benefits of owning Currency Exchange security.