Citizens Financial Stock Forecast - Total Risk Alpha
| CFG Stock | USD 33.02 0.61 1.88% |
Citizens Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Citizens Financial stock prices and determine the direction of Citizens Financial Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Citizens Financial's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Citizens Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Citizens Financial's systematic risk associated with finding meaningful patterns of Citizens Financial fundamentals over time.
Check out Historical Fundamental Analysis of Citizens Financial to cross-verify your projections. Citizens |
Open Interest Against 2024-04-19 Citizens Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Citizens Financial's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Citizens Financial's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Citizens Financial stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Citizens Financial's open interest, investors have to compare it to Citizens Financial's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Citizens Financial is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Citizens. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Citizens Financial cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Citizens Financial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Citizens Financial's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Citizens Financial Volatility | Backtest Citizens Financial | Information Ratio |
Citizens Financial Trading Date Momentum
| On April 18 2024 Citizens Financial Group was traded for 33.02 at the closing time. Highest Citizens Financial's price during the trading hours was 33.70 and the lowest price during the day was 32.63 . There was no trading activity during the period 0.0. Lack of trading volume on the 18th of April 2024 did not affect price variability. The overall trading delta to current price is 0.79% . |
| Compare Citizens Financial to competition |
Other Forecasting Options for Citizens Financial
For every potential investor in Citizens, whether a beginner or expert, Citizens Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Citizens Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Citizens. Basic forecasting techniques help filter out the noise by identifying Citizens Financial's price trends.Citizens Financial Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Citizens Financial stock to make a market-neutral strategy. Peer analysis of Citizens Financial could also be used in its relative valuation, which is a method of valuing Citizens Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Citizens Financial Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Citizens Financial's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Citizens Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Citizens Financial Market Strength Events
Market strength indicators help investors to evaluate how Citizens Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Citizens Financial shares will generate the highest return on investment. By undertsting and applying Citizens Financial stock market strength indicators, traders can identify Citizens Financial Group entry and exit signals to maximize returns.
Citizens Financial Risk Indicators
The analysis of Citizens Financial's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Citizens Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting citizens stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.86 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.83 | |||
| Downside Variance | 3.68 | |||
| Semi Variance | 3.46 | |||
| Expected Short fall | (1.69) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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
| 0.76 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
Moving against Citizens Stock
| 0.48 | VBNK | VersaBank Financial Report 5th of June 2024 | PairCorr |
| 0.45 | EBTC | Enterprise Bancorp Earnings Call This Week | 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 Historical Fundamental Analysis of Citizens Financial to cross-verify your projections. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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 (0.73) | 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.