Citizens Stock Market Value
| CIA Stock | USD 2.07 0.05 2.48% |
| Symbol | Citizens |
Citizens Price To Book Ratio
Is Citizens' 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. 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 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 (0.22) | Earnings Share 0.48 | Revenue Per Share 4.843 | Quarterly Revenue Growth (0.01) | Return On Assets 0.01 |
The market value of Citizens 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' value that differs from its market value or its book value, called intrinsic value, which is Citizens' 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' market value can be influenced by many factors that don't directly affect Citizens' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens' 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.
Citizens 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Citizens' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Citizens.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Citizens on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Citizens or generate 0.0% return on investment in Citizens over 30 days. Citizens is related to or competes with Jackson Financial, and Brighthouse Financial. Citizens, Inc., through its subsidiaries, provides life insurance products in the United States and internationally More
Citizens Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Citizens' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Citizens upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 12.92 | |||
| Value At Risk | (5.21) | |||
| Potential Upside | 5.66 |
Citizens Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Citizens' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Citizens' standard deviation. In reality, there are many statistical measures that can use Citizens historical prices to predict the future Citizens' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.51) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Citizens' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Citizens Backtested Returns
Citizens secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Citizens exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Citizens' Standard Deviation of 2.99, mean deviation of 2.34, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Citizens' returns are expected to increase less than the market. However, during the bear market, the loss of holding Citizens is expected to be smaller as well. Citizens has an expected return of -0.45%. Please make sure to confirm Citizens accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Citizens performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.5 |
Modest reverse predictability
Citizens has modest reverse predictability. Overlapping area represents the amount of predictability between Citizens time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Citizens price movement. The serial correlation of -0.5 indicates that about 50.0% of current Citizens price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Citizens lagged returns against current returns
Autocorrelation, which is Citizens stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Citizens' stock expected returns. We can calculate the autocorrelation of Citizens returns to help us make a trade decision. For example, suppose you find that Citizens has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Citizens regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Citizens stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Citizens stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Citizens stock over time.
Current vs Lagged Prices |
| Timeline |
Citizens Lagged Returns
When evaluating Citizens' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Citizens stock have on its future price. Citizens autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Citizens autocorrelation shows the relationship between Citizens stock current value and its past values and can show if there is a momentum factor associated with investing in Citizens.
Regressed Prices |
| Timeline |
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 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' short interest history, or implied volatility extrapolated from Citizens options trading.
Pair Trading with Citizens
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving together with Citizens Stock
| 0.68 | FG | FG Annuities Life Financial Report 1st of May 2024 | PairCorr |
| 0.66 | GL | Globe Life Trending | PairCorr |
Moving against Citizens Stock
| 0.94 | JXN | Jackson Financial Financial Report 14th of May 2024 | PairCorr |
| 0.76 | AEL | American Equity Inve Financial Report 13th of May 2024 | PairCorr |
| 0.73 | MET | MetLife Financial Report 1st of May 2024 | PairCorr |
| 0.71 | MET-PA | MetLife Preferred Stock | PairCorr |
| 0.57 | LNC | Lincoln National Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Citizens 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 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 - 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 to buy it.
The correlation of Citizens 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citizens 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 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 Citizens Correlation, Citizens Volatility and Citizens Alpha and Beta module to complement your research on Citizens. For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Citizens Stock analysis
When running Citizens' price analysis, check to measure Citizens' 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 is operating at the current time. Most of Citizens' value examination focuses on studying past and present price action to predict the probability of Citizens' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citizens' price. Additionally, you may evaluate how the addition of Citizens to your portfolios can decrease your overall portfolio volatility.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Stocks Directory Find actively traded stocks across global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |
Citizens technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.