City Return On Assets from 2010 to 2024
| CHCO Stock | USD 105.75 0.68 0.64% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.01851038 | Current Value 0.00944 | Quarterly Volatility 0.00272349 |
Check City Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among City main balance sheet or income statement drivers, such as Interest Expense of 25.4 M, Other Operating Expenses of 202.8 M or Total Operating Expenses of 44 M, as well as many exotic indicators such as Price To Sales Ratio of 3.04, Dividend Yield of 0.0242 or PTB Ratio of 1.54. City financial statements analysis is a perfect complement when working with City Holding Valuation or Volatility modules.
City | Return On Assets |
Latest City Holding's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of City Holding over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. City Holding's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in City Holding's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
|
Return On Assets |
| Timeline |
City Return On Assets Regression Statistics
| Arithmetic Mean | 0.01 | |
| Geometric Mean | 0.01 | |
| Coefficient Of Variation | 19.03 | |
| Mean Deviation | 0 | |
| Median | 0.01 | |
| Standard Deviation | 0 | |
| Sample Variance | 0.00000742 | |
| Range | 0.0101 | |
| R-Value | 0.35 | |
| Mean Square Error | 0.00000702 | |
| R-Squared | 0.12 | |
| Significance | 0.20 | |
| Slope | 0.0002 | |
| Total Sum of Squares | 0.0001 |
City Return On Assets History
About City Holding Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include City Holding income statement, its balance sheet, and the statement of cash flows. City Holding investors use historical funamental indicators, such as City Holding's Return On Assets, to determine how well the company is positioned to perform in the future. Although City Holding investors may use each financial statement separately, they are all related. The changes in City Holding's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on City Holding's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on City Holding Financial Statements. Understanding these patterns can help to make the right decision on long term investment in City Holding. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Assets | 0.02 | 0.01 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards City Holding in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, City Holding's short interest history, or implied volatility extrapolated from City Holding options trading.
Pair Trading with City Holding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if City Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in City Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with City Stock
| 0.78 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against City Stock
| 0.46 | ECBK | ECB Bancorp | PairCorr |
The ability to find closely correlated positions to City Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace City Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back City Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling City Holding to buy it.
The correlation of City Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as City Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for City Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of City Holding Correlation against competitors. To learn how to invest in City Stock, please use our How to Invest in City Holding guide.Note that the City Holding information on this page should be used as a complementary analysis to other City Holding's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for City Stock analysis
When running City Holding's price analysis, check to measure City Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy City Holding is operating at the current time. Most of City Holding's value examination focuses on studying past and present price action to predict the probability of City Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move City Holding's price. Additionally, you may evaluate how the addition of City Holding to your portfolios can decrease your overall portfolio volatility.
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Is City Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of City Holding. If investors know City will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about City Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.21 | Dividend Share 2.795 | Earnings Share 7.95 | Revenue Per Share 19.51 | Quarterly Revenue Growth 0.048 |
The market value of City Holding is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Holding's value that differs from its market value or its book value, called intrinsic value, which is City Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because City Holding's market value can be influenced by many factors that don't directly affect City Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between City Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.