CIT Group Inc earning per share growthOn a scale of 0 to 100 CIT holds performance score of 24. The organization shows Beta (market volatility) of 0.7005 which signifies that as returns on market increase, CIT returns are expected to increase less than the market. However during bear market, the loss on holding CIT will be expected to be smaller as well.. 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 about equity current trading 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 0.4527% will be sustainable into the future. Please makes use of CIT Group Inc Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to make a quick decision on weather CIT price patterns will revert.
Relative Risk vs. Return Landscape
If you would invest 3,145 in CIT Group Inc on April 2, 2016 and sell it today you would earn a total of 308.00 from holding CIT Group Inc or generate 9.79% return on investment over 30 days. CIT Group Inc is generating 0.4527% of daily returns assuming volatility of 1.1968% on return distribution over 30 days investment horizon. In other words, 11% of equities are less volatile than the company and above 91% of equities are expected to generate higher returns over the next 30 days.