CIT Performance

CIT Group Inc -- USA Stock  

USD 49.91  0.63  1.28%

On a scale of 0 to 100 CIT holds performance score of 23. The firm shows Beta (market volatility) of -0.7406 which signifies that as returns on market increase, returns on owning CIT are expected to decrease at a much smaller rate. During bear market, CIT is likely to outperform the market.. Although it is vital to follow to CIT Group Inc historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patternss. The way of foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing CIT Group Inc technical indicators you can today evaluate if the expected return of 0.3127% will be sustainable into the future. Please makes use of CIT Group Inc Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to make a quick decision on weather CIT price patterns will revert.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  4,669  in CIT Group Inc on September 20, 2017 and sell it today you would earn a total of  343  from holding CIT Group Inc or generate 7.35% return on investment over 30 days. CIT Group Inc is generating 0.3127% of daily returns assuming volatility of 0.9172% on return distribution over 30 days investment horizon. In other words, 8% of equities are less volatile than the company and above 94% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, CIT Group Inc is expected to generate 3.89 times more return on investment than the market. However, the company is 3.89 times more volatile than its market benchmark. It trades about 0.34 of its potential returns per unit of risk. The DOW is currently generating roughly 0.52 per unit of risk.

Operating Margin

CIT Group Inc Operating Margin
Based on recorded statements CIT Group Inc has Operating Margin of 19.45%. This is 471.89% lower than that of the Services sector, and significantly higher than that of Banking industry, The Operating Margin for all stocks is 278.28% lower than the firm.
  Margin 
      CIT Comparables 
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.

CIT Daily Price Distribution

The median price of CIT for the period between Wed, Sep 20, 2017 and Fri, Oct 20, 2017 is 49.05 with a coefficient of variation of 1.66. The daily time series for the period is distributed with a sample standard deviation of 0.81, arithmetic mean of 48.8, and mean deviation of 0.6. The Stock received some media coverage during the period.
23 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in CIT Group Inc are ranked lower than 23 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

CIT Sharpe Ratio = 0.3409
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Estimated Market Risk

 0.92
  actual daily
 
 92 %
of total potential
  

Expected Return

 0.31
  actual daily
 
 6 %
of total potential
  

Risk-Adjusted Return

 0.34
  actual daily
 
 23 %
of total potential
  
Based on monthly moving average CIT is performing at about 23% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CIT by adding it to a well-diversified portfolio.

Dividends

CIT Group Inc Dividends Analysis
Check CIT Group Inc dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
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