|CIT Group Inc -- USA Stock|| |
USD 49.78 0.64 1.3%
CIT has performance score of 5 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.937 which signifies that CIT returns are very sensitive to returns on the market. as market goes up or down, CIT is expected to follow.. Although it is extremely important to respect CIT Group Inc
historical returns, it is better to be realistic regarding the information on equity current trending patterns. 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 0.128% will be sustainable into the future. CIT Group Inc
now shows a risk of 1.5278%. Please confirm CIT Group Inc Variance
, Value At Risk
as well as the relationship
between Value At Risk and Skewness
to decide if CIT Group Inc will be following its price patterns
CIT Group Inc Relative Risk vs. Return Landscape
If you would invest 4,863
in CIT Group Inc on November 18, 2017
and sell it today you would earn a total of 115
from holding CIT Group Inc or generate 2.36%
return on investment over 30
days. CIT Group Inc is generating 0.128% of daily returns assuming volatility of 1.5278% on return distribution over 30 days investment horizon. In other words, 14% of equities are less volatile than the company and above 98% 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 2.0 times less return on investment than the market. In addition to that, the company is 3.32 times more volatile than its market benchmark. It trades about 0.08 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.55 per unit of volatility.
Based on recorded statements CIT Group Inc has Operating Margin of 19.64%. This is 475.53% lower than that of the Services sector, and significantly higher than that of Banking
industry, The Operating Margin for all stocks is 280.02% 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 Sat, Nov 18, 2017 and Mon, Dec 18, 2017 is 49.3 with a coefficient of variation of 2.59. The daily time series for the period is distributed with a sample standard deviation of 1.27, arithmetic mean of 49.08, and mean deviation of 1.04. The Stock received some media coverage during the period.