Currency Exchange International Stock Today
| CXI Stock | CAD 25.39 0.12 0.47% |
Performance4 of 100
| Odds Of DistressLess than 3
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Currency Exchange is selling at 25.39 as of the 19th of April 2024; that is 0.47 percent increase since the beginning of the trading day. The stock's open price was 25.27. Currency Exchange has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Currency Exchange International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Financial Services | Classification Financials |
Currency Exchange International, Corp. provides currency exchange and related products in the United States and Canada. The company was founded in 1998 and is headquartered in Orlando, Florida. CURRENCY EXCHANGE operates under Capital Markets classification in Canada and is traded on Toronto Stock Exchange.. The company has 6.45 M outstanding shares of which 10.92 K shares are currently shorted by private and institutional investors with about 1.52 days to cover all short positions. More on Currency Exchange International
Moving together with Currency Stock
| 0.61 | EFN-PC | Element Fleet Management | PairCorr |
Moving against Currency Stock
| 0.61 | EFN | Element Fleet Management | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Currency Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Currency Exchange's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Currency Exchange or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Randolph Pinna | ||||
| Business Concentration | Investment Banking & Brokerage, Financial Services, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors) | ||||
Currency Exchange's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Currency Exchange's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Currency Exchange's financial leverage. It provides some insight into what part of Currency Exchange's total assets is financed by creditors.
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Currency Exchange International (CXI) is traded on Toronto Exchange in Canada and employs 315 people. Currency Exchange is listed under Investment Banking & Brokerage category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 166.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Currency Exchange's market, we take the total number of its shares issued and multiply it by Currency Exchange's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Currency Exchange operates under Capital Markets sector and is part of Financials industry. The entity has 6.45 M outstanding shares of which 10.92 K shares are currently shorted by private and institutional investors with about 1.52 days to cover all short positions.
Currency Exchange International has accumulated about 60.49 M in cash with (365.57 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.43.
Check Currency Exchange Probability Of Bankruptcy
Ownership AllocationCurrency Exchange retains a total of 6.45 Million outstanding shares. Currency Exchange International retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Currency Ownership Details
Currency Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Currency Exchange jumping above the current price in 90 days from now is roughly 2.16%. The Currency Exchange International probability density function shows the probability of Currency Exchange stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Currency Exchange International has a beta of -0.2752 suggesting as returns on the benchmark increase, returns on holding Currency Exchange are expected to decrease at a much lower rate. During a bear market, however, Currency Exchange International is likely to outperform the market. Additionally, currency Exchange International has an alpha of 0.0378, implying that it can generate a 0.0378 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Currency Exchange to move above the current price in 90 days from now is roughly 2.16 (This Currency Exchange International probability density function shows the probability of Currency Stock to fall within a particular range of prices over 90 days) .
Currency Exchange Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Currency Exchange market risk premium is the additional return an investor will receive from holding Currency Exchange long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Currency Exchange. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Currency Exchange's alpha and beta are two of the key measurements used to evaluate Currency Exchange's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7538 | |||
| Semi Deviation | 1.28 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.53 |
Currency Stock Against Markets
Picking the right benchmark for Currency Exchange stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Currency Exchange stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Currency Exchange is critical whether you are bullish or bearish towards Currency Exchange International at a given time. Please also check how Currency Exchange's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Currency Exchange without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Currency Exchange Corporate Directors
Currency Exchange corporate directors refer to members of a Currency Exchange board of directors. The board of directors generally takes responsibility for the Currency Exchange's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Currency Exchange's board members must vote for the resolution. The Currency Exchange board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| James White | Independent Director | Profile | |
| Chirag Bhavsar | Independent Director | Profile | |
| James Sardo | Independent Director | Profile | |
| Linda Stromme | Independent Director | Profile |
How to buy Currency Stock?
Before investing in Currency Exchange, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Currency Exchange. To buy Currency Exchange stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Currency Exchange. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Currency Exchange stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Currency Exchange International stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Currency Exchange International stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Currency Exchange International, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Currency Exchange International?
The danger of trading Currency Exchange International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Currency Exchange is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Currency Exchange. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Currency Exchange is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Currency Exchange International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Currency Stock analysis
When running Currency Exchange's price analysis, check to measure Currency Exchange's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Currency Exchange is operating at the current time. Most of Currency Exchange's value examination focuses on studying past and present price action to predict the probability of Currency Exchange's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Currency Exchange's price. Additionally, you may evaluate how the addition of Currency Exchange to your portfolios can decrease your overall portfolio volatility.
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