Citizens Fixed Asset Turnover from 2010 to 2024

CFG Stock  USD 36.29  0.47  1.31%   
Citizens Financial's Fixed Asset Turnover is increasing over the last several years with slightly volatile swings. Fixed Asset Turnover is predicted to flatten to 6.75. During the period from 2010 to 2024 Citizens Financial Group Fixed Asset Turnover regressed destribution of quarterly values had coefficient of variationof  8.99 and r-value of  0.42. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
9.18882682
Current Value
6.75
Quarterly Volatility
0.7386486
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Citizens Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citizens main balance sheet or income statement drivers, such as Depreciation And Amortization of 424.3 M, Interest Expense of 4.2 B or Selling General Administrative of 2.2 B, as well as many exotic indicators such as Short Term Coverage Ratios of 5.01, Price Earnings Ratio of 14.32 or Price To Sales Ratio of 3.01. Citizens financial statements analysis is a perfect complement when working with Citizens Financial Valuation or Volatility modules.
  
This module can also supplement Citizens Financial's financial leverage analysis and stock options assessment as well as various Citizens Financial Technical models . Check out the analysis of Citizens Financial Correlation against competitors.

Latest Citizens Financial's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Citizens Financial Group over the last few years. It is Citizens Financial's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Citizens Financial's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Citizens Fixed Asset Turnover Regression Statistics

Arithmetic Mean8.22
Geometric Mean8.19
Coefficient Of Variation8.99
Mean Deviation0.60
Median8.11
Standard Deviation0.74
Sample Variance0.55
Range2.7536
R-Value0.42
Mean Square Error0.49
R-Squared0.17
Significance0.12
Slope0.07
Total Sum of Squares7.64

Citizens Fixed Asset Turnover History

2024 6.75
2023 9.19
2022 9.5
2021 8.65
2020 9.1
2019 8.53
2018 7.75

About Citizens Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Citizens Financial income statement, its balance sheet, and the statement of cash flows. Citizens Financial investors use historical funamental indicators, such as Citizens Financial's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Citizens Financial investors may use each financial statement separately, they are all related. The changes in Citizens Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Citizens Financial'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 Citizens Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Citizens Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Fixed Asset Turnover 9.19  6.75 

Citizens Financial Investors Sentiment

The influence of Citizens Financial'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 Citizens. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Citizens Financial's public news can be used to forecast risks associated with an investment in Citizens. The trend in average sentiment can be used to explain how an investor holding Citizens can time the market purely based on public headlines and social activities around Citizens Financial Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Citizens Financial'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 Citizens Financial'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 Citizens Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Citizens Financial.

Citizens Financial Implied Volatility

    
  36.03  
Citizens Financial's implied volatility exposes the market's sentiment of Citizens Financial Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Citizens Financial'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 Citizens Financial stock will not fluctuate a lot when Citizens Financial'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 Citizens Financial 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, Citizens Financial's short interest history, or implied volatility extrapolated from Citizens Financial options trading.

Pair Trading with Citizens Financial

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

Moving against Citizens Stock

  0.44MGYR Magyar Bancorp Fiscal Quarter End 31st of March 2024 PairCorr
The ability to find closely correlated positions to Citizens Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Citizens Financial 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 Citizens Financial - 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 Citizens Financial Group to buy it.
The correlation of Citizens Financial 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 Citizens Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citizens Financial 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 Citizens Financial 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
When determining whether Citizens Financial is a strong investment it is important to analyze Citizens Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Citizens Financial's future performance. For an informed investment choice regarding Citizens Stock, refer to the following important reports:
Check out the analysis of Citizens Financial Correlation against competitors.
Note that the Citizens Financial information on this page should be used as a complementary analysis to other Citizens Financial'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Citizens Financial's price analysis, check to measure Citizens Financial'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 Citizens Financial is operating at the current time. Most of Citizens Financial's value examination focuses on studying past and present price action to predict the probability of Citizens Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citizens Financial's price. Additionally, you may evaluate how the addition of Citizens Financial to your portfolios can decrease your overall portfolio volatility.
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Is Citizens Financial'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 Citizens Financial. If investors know Citizens 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 Citizens Financial 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
(0.73)
Dividend Share
1.68
Earnings Share
3.13
Revenue Per Share
15.864
Quarterly Revenue Growth
(0.11)
The market value of Citizens Financial is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens Financial's value that differs from its market value or its book value, called intrinsic value, which is Citizens Financial'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 Citizens Financial's market value can be influenced by many factors that don't directly affect Citizens Financial'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 Citizens Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens Financial'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.