CIT Performance

CIT Group Inc -- USA Stock  

USD 44.83  0.02  0.04%

Macroaxis gives CIT performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0479 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 trending patternss. 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 -0.3744%. 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.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  4,890  in CIT Group Inc on July 24, 2017 and sell it today you would lose (407.00)  from holding CIT Group Inc or give up 8.32% of portfolio value over 30 days. CIT Group Inc is generating negative expected returns assuming volatility of 0.7547% on return distribution over 30 days investment horizon. In other words, 7% 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 (%) 
      Risk (%) 
Considering 30-days investment horizon, CIT Group Inc is expected to under-perform the market. In addition to that, the company is 1.75 times more volatile than its market benchmark. It trades about -0.5 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.09 per unit of volatility.

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 Mon, Jul 24, 2017 and Wed, Aug 23, 2017 is 47.5 with a coefficient of variation of 2.68. The daily time series for the period is distributed with a sample standard deviation of 1.26, arithmetic mean of 46.96, and mean deviation of 1.04. The Stock received some media coverage during the period.
0 

Risk-Adjusted Performance

Over the last 30 days CIT Group Inc has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

CIT Sharpe Ratio = -0.4961
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Estimated Market Risk

 0.75
  actual daily
 
 93 %
of total potential
  

Expected Return

 -0.37
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 -0.5
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average CIT is performing at about 0% 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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