CIT Group Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and CIT are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days CIT Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable forward indicators, CIT is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Fifty Two Week Low | 35.56 | |
| Target High Price | 62.00 | |
| Payout Ratio | 20.41% | |
| Fifty Two Week High | 56.62 | |
| Target Low Price | 46.00 | |
| Trailing Annual Dividend Yield | 2.73% |
CIT |
CIT Relative Risk vs. Return Landscape
If you would invest (100.00) in CIT Group on January 17, 2024 and sell it today you would earn a total of 100.00 from holding CIT Group or generate -100.0% return on investment over 90 days. CIT Group is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than CIT, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
CIT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CIT's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CIT Group, and traders can use it to determine the average amount a CIT's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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| CIT |
Based on monthly moving average CIT is not performing at its full potential. However, 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 CIT to a well-diversified portfolio.
CIT Fundamentals Growth
CIT Stock prices reflect investors' perceptions of the future prospects and financial health of CIT, and CIT fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CIT Stock performance.
| Return On Equity | 11.98 | |||
| Return On Asset | 1.24 | |||
| Profit Margin | 25.80 % | |||
| Operating Margin | 41.40 % | |||
| Current Valuation | 7.13 B | |||
| Shares Outstanding | 99.17 M | |||
| Price To Earning | 7.78 X | |||
| Price To Book | 0.94 X | |||
| Price To Sales | 1.91 X | |||
| Revenue | 2.77 B | |||
| EBITDA | 901.42 M | |||
| Cash And Equivalents | 4.87 B | |||
| Cash Per Share | 49.14 X | |||
| Total Debt | 6.17 B | |||
| Debt To Equity | 1.69 % | |||
| Book Value Per Share | 56.97 X | |||
| Cash Flow From Operations | 923.2 M | |||
| Earnings Per Share | 6.88 X | |||
| Total Asset | 67.4 B | |||
| Retained Earnings | 1.99 B | |||
Things to note about CIT Group performance evaluation
Checking the ongoing alerts about CIT for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CIT Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CIT Group is not yet fully synchronised with the market data | |
| CIT Group has some characteristics of a very speculative penny stock | |
| CIT Group has a very high chance of going through financial distress in the upcoming years | |
| Over 94.0% of the company shares are held by institutions such as insurance companies |
- Analyzing CIT's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether CIT's stock is overvalued or undervalued compared to its peers.
- Examining CIT's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating CIT's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CIT's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CIT's stock. These opinions can provide insight into CIT's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in CIT Stock
If you are still planning to invest in CIT Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CIT's history and understand the potential risks before investing.
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