Macroaxis gives CIT performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.6788 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.. Even though it is essential to pay attention to CIT Group Inc
historical returns, it is always good to be careful when utilizing equity current trading patterns. Macroaxis way of foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. CIT Group Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. CIT Group Inc
has expected return of -0.1716%. Please be advised to 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
past performance will be repeated in the future.
Relative Risk vs. Return Landscape
If you would invest 4,288
in CIT Group Inc on December 18, 2016
and sell it today you would lose (145.00)
from holding CIT Group Inc or give up 3.38%
of portfolio value over 30
days. CIT Group Inc is generating negative expected returns assuming volatility of 1.3973% on return distribution over 30 days investment horizon. In other words, 13% of equities are less volatile than the company and above 99% 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 under-perform the market. In addition to that, the company is 3.35 times more volatile than its market benchmark. It trades about -0.12 of its total potential returns per unit of risk. The NYSE is currently generating roughly 0.08 per unit of volatility.
Based on recorded statements CIT Group Inc has Operating Margin of 31.95%. This is 32.19% higher than that of the Financial sector, and 48.26% higher than that of Credit Services
industry, The Operating Margin for all stocks is 392.85% 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 Sun, Dec 18, 2016 and Tue, Jan 17, 2017 is 43.03 with a coefficient of variation of 1.35. The daily time series for the period is distributed with a sample standard deviation of 0.58, arithmetic mean of 43.13, and mean deviation of 0.45. The Stock received some media coverage during the period.