Citigroup Calculated Tax Rate from 2010 to 2023

C Stock  USD 43.11  0.34  0.78%   
Citigroup Calculated Tax Rate is increasing over the years with very volatile fluctuation. Ongoing Calculated Tax Rate is projected to grow to 23.39 this year. During the period from 2010 to 2023 Citigroup Calculated Tax Rate anual values regression line had geometric mean of 20.00 and mean square error of  982.32. Citigroup Cost of Revenue is projected to decrease significantly based on the last few years of reporting. The past year's Cost of Revenue was at 5.24 Billion. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 21.2 B, whereas Operating Expenses is forecasted to decline to about 46.5 B.
  
Check Citigroup financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citigroup main balance sheet or income statement drivers, such as Consolidated Income of 15.2 B or Cost of Revenue of 6 B, as well as many exotic indicators such as Calculated Tax Rate of 23.39 or Cash and Equivalents Turnover of 0.47. Citigroup financial statements analysis is a perfect complement when working with Citigroup Valuation or Volatility modules. It can also supplement Citigroup's financial leverage analysis and stock options assessment as well as various Citigroup Technical models . Check out the analysis of Citigroup Correlation against competitors. For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.

Citigroup Calculated Tax Rate Breakdown

Showing smoothed Calculated Tax Rate of Citigroup with missing and latest data points interpolated. Citigroup's Calculated Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Citigroup's overall financial position and show how it may be relating to other accounts over time.
Calculated Tax Rate10 Years Trend
Up
Very volatile
   Calculated Tax Rate   
       Timeline  

Citigroup Calculated Tax Rate Regression Statistics

Arithmetic Mean30.77
Geometric Mean20.00
Coefficient Of Variation97.87
Mean Deviation16.48
Median23.39
Standard Deviation30.12
Sample Variance907.05
Range128.78
R-Value0.017726
Mean Square Error982.32
R-Squared0.00031421
Significance0.95
Slope0.13
Total Sum of Squares11,792

Citigroup Calculated Tax Rate History

2023 23.39
2022 19.37
2021 19.84
2020 18.52
2019 18.53
2018 22.85
2017 129.12
2016 30.0
2015 29.97
2014 47.79
2013 30.09

About Citigroup Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Citigroup income statement, its balance sheet, and the statement of cash flows. Citigroup investors use historical funamental indicators, such as Citigroup's Calculated Tax Rate, to determine how well the company is positioned to perform in the future. Although Citigroup investors may use each financial statement separately, they are all related. The changes in Citigroup's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Citigroup'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 Citigroup Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Citigroup. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Calculated Tax Rate 19.37  23.39 

Citigroup Investors Sentiment

The influence of Citigroup's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Citigroup. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Citigroup's public news can be used to forecast risks associated with investment in Citigroup. The trend in average sentiment can be used to explain how an investor holding Citigroup can time the market purely based on public headlines and social activities around Citigroup. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Citigroup's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Citigroup's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Citigroup's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Citigroup.

Citigroup Implied Volatility

    
  59.56  
Citigroup's implied volatility exposes the market's sentiment of Citigroup stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Citigroup's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Citigroup stock will not fluctuate a lot when Citigroup's options are near their expiration.
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 Citigroup 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, Citigroup's short interest history, or implied volatility extrapolated from Citigroup options trading.

Pair Trading with Citigroup

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 Citigroup 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 Citigroup will appreciate offsetting losses from the drop in the long position's value.

Moving together with Citigroup

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+0.92CMCanadian Imperial Bank Sell-off TrendPairCorr

Moving against Citigroup

-0.54ACAssociated Capital Fiscal Quarter End 31st of March 2023 PairCorr
The ability to find closely correlated positions to Citigroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Citigroup 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 Citigroup - 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 Citigroup to buy it.
The correlation of Citigroup is a statistical measure of how it moves in relation to other equities. 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 Citigroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citigroup 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 Citigroup 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.
Pair CorrelationCorrelation Matching
Check out the analysis of Citigroup Correlation against competitors. For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide. Note that the Citigroup information on this page should be used as a complementary analysis to other Citigroup'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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Citigroup'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 Citigroup. If investors know Citigroup 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 Citigroup 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
2.04
Earnings Share
7.01
Revenue Per Share
36.246
Quarterly Revenue Growth
(0.011) 
The market value of Citigroup is measured differently than its book value, which is the value of Citigroup that is recorded on the company's balance sheet. Investors also form their own opinion of Citigroup's value that differs from its market value or its book value, called intrinsic value, which is Citigroup'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 Citigroup's market value can be influenced by many factors that don't directly affect Citigroup'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 Citigroup's value and its price as these two are different measures arrived at by different means. Investors typically determine Citigroup value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citigroup'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.