Citizens Financial Group, Stock Market Value
| CFG-PH Stock | 27.03 0.02 0.07% |
| Symbol | Citizens |
Citizens Financial Group, Price To Book Ratio
Citizens Financial '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 Citizens Financial'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 Citizens Financial.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Citizens Financial on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Citizens Financial Group, or generate 0.0% return on investment in Citizens Financial over 30 days. Citizens Financial is related to or competes with Cheesecake Factory, Univest Pennsylvania, Kura Sushi, Dennys Corp, Arrow Financial, Dominos Pizza, and First Watch. Citizens Financial is entity of United States More
Citizens Financial 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 Citizens Financial'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 Citizens Financial Group, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3569 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 2.18 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.8336 |
Citizens Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Citizens Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Citizens Financial's standard deviation. In reality, there are many statistical measures that can use Citizens Financial historical prices to predict the future Citizens Financial's volatility.| Risk Adjusted Performance | 0.0945 | |||
| Jensen Alpha | 0.0402 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.5641 |
Citizens Financial Group, Backtested Returns
Citizens Financial is very steady at the moment. Citizens Financial Group, 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 Citizens Financial Group,, which you can use to evaluate the volatility of the firm. Please confirm Citizens Financial's Mean Deviation of 0.3237, downside deviation of 0.3569, and Risk Adjusted Performance of 0.0945 to double-check if the risk estimate we provide is consistent with the expected return of 0.0553%. Citizens Financial has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0893, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Citizens Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Citizens Financial is expected to be smaller as well. Citizens Financial Group, right now shows a risk of 0.44%. Please confirm Citizens Financial Group, sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Citizens Financial Group, will be following its price patterns.
Auto-correlation | -0.07 |
Very weak reverse predictability
Citizens Financial Group, has very weak reverse predictability. Overlapping area represents the amount of predictability between Citizens Financial time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 Citizens Financial Group, price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Citizens Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Citizens Financial Group, lagged returns against current returns
Autocorrelation, which is Citizens Financial 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 Citizens Financial's stock expected returns. We can calculate the autocorrelation of Citizens Financial returns to help us make a trade decision. For example, suppose you find that Citizens Financial 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 |
Citizens Financial 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 Citizens Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Citizens Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Citizens Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Citizens Financial Lagged Returns
When evaluating Citizens Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Citizens Financial stock have on its future price. Citizens Financial 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, Citizens Financial autocorrelation shows the relationship between Citizens Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Citizens Financial Group,.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Citizens Financial Group, is a strong investment it is important to analyze Citizens Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Citizens Financial's future performance. For an informed investment choice regarding Citizens Stock, refer to the following important reports:Check out Citizens Financial Correlation, Citizens Financial Volatility and Citizens Financial Alpha and Beta module to complement your research on Citizens Financial. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Citizens Financial 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.