Citizens Pretax Profit Margin from 2010 to 2024
| CFG Stock | USD 34.97 0.42 1.22% |
Pretax Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.24683852 | Current Value 0.17 | Quarterly Volatility 0.2738558 |
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 Price To Sales Ratio of 3.01, Dividend Yield of 0.0316 or PTB Ratio of 0.61. Citizens financial statements analysis is a perfect complement when working with Citizens Financial Valuation or Volatility modules.
Citizens | Pretax Profit Margin |
Latest Citizens Financial's Pretax Profit Margin Growth Pattern
Below is the plot of the Pretax Profit Margin of Citizens Financial Group over the last few years. It is Citizens Financial's Pretax Profit Margin 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.
| Pretax Profit Margin | 10 Years Trend |
|
Pretax Profit Margin |
| Timeline |
Citizens Pretax Profit Margin Regression Statistics
| Arithmetic Mean | 0.20 | |
| Coefficient Of Variation | 135.80 | |
| Mean Deviation | 0.14 | |
| Median | 0.26 | |
| Standard Deviation | 0.27 | |
| Sample Variance | 0.07 | |
| Range | 1.1873 | |
| R-Value | 0.35 | |
| Mean Square Error | 0.07 | |
| R-Squared | 0.12 | |
| Significance | 0.20 | |
| Slope | 0.02 | |
| Total Sum of Squares | 1.05 |
Citizens Pretax Profit Margin History
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 Pretax Profit Margin, 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 Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.25 | 0.17 |
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 together with Citizens Stock
| 0.74 | DB | Deutsche Bank AG Earnings Call Tomorrow | PairCorr |
Moving against Citizens Stock
| 0.48 | VBNK | VersaBank Financial Report 5th of June 2024 | PairCorr |
| 0.43 | EBTC | Enterprise Bancorp | 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.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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Citizens Stock analysis
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 (0.35) | Dividend Share 1.68 | Earnings Share 2.78 | Revenue Per Share 15.701 | Quarterly Revenue Growth (0.09) |
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.