Citigroup Stock Market Value
| C Stock | USD 70.87 0.71 1.01% |
| Symbol | Citigroup |
Citigroup Price To Book Ratio
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citigroup. If investors know Citigroup will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Citigroup listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 2.15 | Earnings Share 3.51 | Revenue Per Share 36.345 | Quarterly Revenue Growth (0.02) |
The market value of Citigroup is measured differently than its book value, which is the value of Citigroup that is recorded on the company's balance sheet. Investors also form their own opinion of Citigroup's value that differs from its market value or its book value, called intrinsic value, which is Citigroup's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Citigroup's market value can be influenced by many factors that don't directly affect Citigroup's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Citigroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citigroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citigroup's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Citigroup 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Citigroup's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Citigroup.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in Citigroup on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding Citigroup or generate 0.0% return on investment in Citigroup over 90 days. Citigroup is related to or competes with JPMorgan Chase, Wells Fargo, Toronto Dominion, Nu Holdings, Bank of America, HSBC Holdings, and Royal Bank. Citigroup Inc., a diversified financial services holding company, provides various financial products and services to co... More
Citigroup Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Citigroup's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Citigroup upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.6 | |||
| Information Ratio | 0.0547 | |||
| Maximum Drawdown | 10.33 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 3.56 |
Citigroup Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Citigroup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Citigroup's standard deviation. In reality, there are many statistical measures that can use Citigroup historical prices to predict the future Citigroup's volatility.| Risk Adjusted Performance | 0.1014 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0671 | |||
| Treynor Ratio | 0.1217 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Citigroup's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Citigroup Backtested Returns
Citigroup appears to be very steady, given 3 months investment horizon. Citigroup secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Citigroup, which you can use to evaluate the volatility of the firm. Please makes use of Citigroup's Mean Deviation of 1.42, risk adjusted performance of 0.1014, and Downside Deviation of 1.6 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Citigroup holds a performance score of 10. The firm shows a Beta (market volatility) of 1.93, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Citigroup will likely underperform. Please check Citigroup's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Citigroup's price patterns will revert.
Auto-correlation | 0.73 |
Good predictability
Citigroup has good predictability. Overlapping area represents the amount of predictability between Citigroup time series from 1st of September 2024 to 16th of October 2024 and 16th of October 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Citigroup price movement. The serial correlation of 0.73 indicates that around 73.0% of current Citigroup price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 10.46 |
Citigroup lagged returns against current returns
Autocorrelation, which is Citigroup stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Citigroup's stock expected returns. We can calculate the autocorrelation of Citigroup returns to help us make a trade decision. For example, suppose you find that Citigroup has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Citigroup regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Citigroup stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Citigroup stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Citigroup stock over time.
Current vs Lagged Prices |
| Timeline |
Citigroup Lagged Returns
When evaluating Citigroup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Citigroup stock have on its future price. Citigroup autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Citigroup autocorrelation shows the relationship between Citigroup stock current value and its past values and can show if there is a momentum factor associated with investing in Citigroup.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Citigroup Correlation, Citigroup Volatility and Citigroup Alpha and Beta module to complement your research on Citigroup. For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Citigroup technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.