|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
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 (%)
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.
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.
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.