Exchange Income Stock Today
| EIF Stock | CAD 46.90 0.13 0.28% |
Performance1 of 100
| Odds Of DistressLess than 5
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Exchange Income is selling at 46.90 as of the 25th of April 2024; that is -0.28% down since the beginning of the trading day. The stock's open price was 47.03. Exchange Income has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for Exchange Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Transportation | Category Industrials |
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.. The company has 47.22 M outstanding shares of which 1.8 M shares are currently shorted by private and institutional investors with about 23.6 days to cover all short positions. More on Exchange Income
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Exchange 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. Exchange Income's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Exchange Income or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Michael MBA | ||||
| Business Concentration | Passenger Airlines, Transportation, Industrials, Industrials, Passenger Airlines, Airlines, Industrials (View all Sectors) | ||||
Exchange Income's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Exchange Income'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 Exchange Income's financial leverage. It provides some insight into what part of Exchange Income's total assets is financed by creditors.
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Exchange Income (EIF) is traded on Toronto Exchange in Canada and employs 35 people. Exchange Income is listed under Passenger Airlines category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Exchange Income's market, we take the total number of its shares issued and multiply it by Exchange Income'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. Exchange Income operates under Passenger Airlines sector and is part of Industrials industry. The entity has 47.22 M outstanding shares of which 1.8 M shares are currently shorted by private and institutional investors with about 23.6 days to cover all short positions.
Exchange Income has accumulated about 139.9 M in cash with 353.26 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89.
Check Exchange Income Probability Of Bankruptcy
Ownership AllocationExchange Income retains a total of 47.22 Million outstanding shares. Exchange Income shows 6.38 percent of its outstanding shares held by insiders and 11.34 percent owned by other corporate entities. 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 Exchange Ownership Details
Exchange Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Exchange Income jumping above the current price in 90 days from now is about 63.6%. The Exchange Income probability density function shows the probability of Exchange Income stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Exchange Income has a beta of 0.9367 suggesting Exchange Income market returns are highly reactive to returns on the market. As the market goes up or down, Exchange Income is expected to follow. Additionally, exchange Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Exchange Income to move above the current price in 90 days from now is about 63.6 (This Exchange Income probability density function shows the probability of Exchange Stock to fall within a particular range of prices over 90 days) .
Exchange Income Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Exchange Income market risk premium is the additional return an investor will receive from holding Exchange Income 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 Exchange Income. 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 Exchange Income's alpha and beta are two of the key measurements used to evaluate Exchange Income's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8889 | |||
| Semi Deviation | 0.9612 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.49 |
Exchange Stock Against Markets
Picking the right benchmark for Exchange Income 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 Exchange Income 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 Exchange Income is critical whether you are bullish or bearish towards Exchange Income at a given time. Please also check how Exchange Income'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 Exchange Income 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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Exchange Income Corporate Directors
Exchange Income corporate directors refer to members of an Exchange Income board of directors. The board of directors generally takes responsibility for the Exchange Income'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 Exchange Income's board members must vote for the resolution. The Exchange Income board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gary Buckley | Independent Director | Profile | |
| Allan Davis | Independent Director | Profile | |
| Melissa Sonberg | Independent Director | Profile | |
| Donald Streuber | Independent Director | Profile |
How to buy Exchange Stock?
Before investing in Exchange Income, 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 Exchange Income. To buy Exchange Income stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Exchange Income. 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 Exchange Income stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Exchange Income 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 Exchange Income 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 Exchange Income, 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 Exchange Income?
The danger of trading Exchange Income 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 Exchange Income 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 Exchange Income. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Exchange Income 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exchange Income. 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. Note that the Exchange Income information on this page should be used as a complementary analysis to other Exchange Income's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Exchange Stock analysis
When running Exchange Income's price analysis, check to measure Exchange Income'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 Exchange Income is operating at the current time. Most of Exchange Income's value examination focuses on studying past and present price action to predict the probability of Exchange Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exchange Income's price. Additionally, you may evaluate how the addition of Exchange Income to your portfolios can decrease your overall portfolio volatility.
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