Currency Exchange International Stock Retained Earnings

CXI Stock  CAD 22.82  0.17  0.74%   
Currency Exchange International fundamentals help investors to digest information that contributes to Currency Exchange's financial success or failures. It also enables traders to predict the movement of Currency Stock. The fundamental analysis module provides a way to measure Currency Exchange's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Currency Exchange stock.
Last ReportedProjected for Next Year
Retained Earnings49.1 M51.6 M
As of the 12th of December 2024, Retained Earnings is likely to grow to about 51.6 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Currency Exchange International Company Retained Earnings Analysis

Currency Exchange's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current Currency Exchange Retained Earnings

    
  42.71 M  
Most of Currency Exchange's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Currency Exchange International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Currency Retained Earnings Driver Correlations

Understanding the fundamental principles of building solid financial models for Currency Exchange is extremely important. It helps to project a fair market value of Currency Stock properly, considering its historical fundamentals such as Retained Earnings. Since Currency Exchange's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Currency Exchange's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Currency Exchange's interrelated accounts and indicators.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition

Based on the latest financial disclosure, Currency Exchange International has a Retained Earnings of 42.71 M. This is 99.72% lower than that of the Capital Markets sector and 99.93% lower than that of the Financials industry. The retained earnings for all Canada stocks is 99.54% higher than that of the company.

Currency Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Currency Exchange's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Currency Exchange could also be used in its relative valuation, which is a method of valuing Currency Exchange by comparing valuation metrics of similar companies.
Currency Exchange is currently under evaluation in retained earnings category among its peers.

Currency Exchange Current Valuation Drivers

We derive many important indicators used in calculating different scores of Currency Exchange from analyzing Currency Exchange's financial statements. These drivers represent accounts that assess Currency Exchange's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Currency Exchange's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap43.7M73.6M87.0M94.4M32.3M58.8M
Enterprise Value(7.1M)15.2M8.9M19.4M32.0M35.9M

Currency Fundamentals

About Currency Exchange Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Currency Exchange International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Currency Exchange using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Currency Exchange International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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.