Cit Inc Stock Price on January 14, 2022
| CINT Stock | USD 4.05 0.65 13.83% |
If you're considering investing in CiT Stock, it is important to understand the factors that can impact its price. As of today, the current price of CiT stands at 4.05, as last reported on the 16th of April 2024, with the highest price reaching 4.70 and the lowest price hitting 4.00 during the day. CiT Inc secures Sharpe Ratio (or Efficiency) of -0.0511, which signifies that the company had a -0.0511% return per unit of volatility over the last 3 months. CiT Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CiT's mean deviation of 2.21, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
At this time, CiT's Other Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 144.9 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 2.1 B in 2024. . At this time, CiT's Price Earnings Ratio is comparatively stable compared to the past year. Price To Free Cash Flows Ratio is likely to gain to 334.30 in 2024, whereas Price To Sales Ratio is likely to drop 2.32 in 2024. CiT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CiT |
Sharpe Ratio = -0.0511
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| Negative Returns | CINT |
Estimated Market Risk
| 3.61 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CiT is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CiT by adding CiT to a well-diversified portfolio.
Price Book 2.4484 | Enterprise Value Ebitda 2.0302 | Price Sales 0.2829 | Shares Float 19 M | Wall Street Target Price 5.78 |
CiT Valuation on January 14, 2022
It is possible to determine the worth of CiT on a given historical date. On January 14, 2022 CiT was worth 16.02 at the beginning of the trading date compared to the closed value of 17.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CiT stock. Still, in general, we apply an absolute valuation method to find CiT's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CiT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CiT's related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 16.02 | 18.01 | 16.02 | 17.50 | 111,700 |
| 17.38 | 17.41 | 16.66 | 17.10 | 40,900 |
| Backtest CiT | | | CiT History | | | CiT Valuation | Next |
CiT Trading Date Momentum on January 14, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.CiT Inc Fundamentals Correlations and Trends
By evaluating CiT's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CiT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CiT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CiT Stock history
CiT investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CiT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CiT Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CiT stock prices may prove useful in developing a viable investing in CiT
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 134.4 M | 144.9 M | |
| Net Income Applicable To Common Shares | 144.8 M | 152 M |
CiT Quarterly Net Working Capital |
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CiT Stock Technical Analysis
CiT 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.
Price Boundaries
CiT Period Price Range
Low | April 1, 2022
| High |
16.02 | 17.50 |
CiT April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how CiT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CiT shares will generate the highest return on investment. By undertsting and applying CiT stock market strength indicators, traders can identify CiT Inc entry and exit signals to maximize returns
| Accumulation Distribution | 12342.2 | |||
| Daily Balance Of Power | 0.7437 | |||
| Rate Of Daily Change | 1.09 | |||
| Day Median Price | 17.02 | |||
| Day Typical Price | 17.18 | |||
| Price Action Indicator | 1.22 | |||
| Period Momentum Indicator | (13.45) |
CiT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CiT's price direction in advance. Along with the technical and fundamental analysis of CiT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CiT to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 0.8577 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CiT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for CiT Stock analysis
When running CiT's price analysis, check to measure CiT'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 CiT is operating at the current time. Most of CiT's value examination focuses on studying past and present price action to predict the probability of CiT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CiT's price. Additionally, you may evaluate how the addition of CiT to your portfolios can decrease your overall portfolio volatility.
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Is CiT'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 CiT. If investors know CiT 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 CiT 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 (0.27) | Earnings Share 0.19 | Revenue Per Share 16.372 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0624 |
The market value of CiT Inc is measured differently than its book value, which is the value of CiT that is recorded on the company's balance sheet. Investors also form their own opinion of CiT's value that differs from its market value or its book value, called intrinsic value, which is CiT'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 CiT's market value can be influenced by many factors that don't directly affect CiT'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 CiT's value and its price as these two are different measures arrived at by different means. Investors typically determine if CiT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CiT'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.