Citi Trends Story

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CTRN -- USA Stock  

USD 23.87  1.09  4.78%

As many millenniums are trying to avoid consumer cyclical space, it makes sense to outline Citi Trends a little further and try to understand its current market patterns. As expected, Citi Trends is starting to reaffirm its true potential as institutional investors are becoming more and more confident in the future outlook. The returns on the market and returns on Citi Trends appear somewhat sensitive to each other for the last few months. Persistent basic indicators of the company may also entail signals of long-standing gains for Citi Trends institutional investors. Citi Trends is scheduled to announce its earnings today.
Published over a month ago
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Will Citi Trends (NASDAQ:CTRN) price continue to rise in September?
Citi Trends's average rating is Strong Buy from 1 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Citi Trends market sentiment investors' perception of the future value of Citi Trends. Let us look at a few aspects of Citi Trends technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Citi Trends. In general, we focus on analyzing Citi Trends stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Citi Trends's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Citi Trends's intrinsic value. In addition to deriving basic predictive indicators for Citi Trends, we also check how macroeconomic factors affect Citi Trends price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does Citi Trends Stands against Peers?

Analyzing Citi Trends competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Citi Trends across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Citi Trends Competition Details

How Citi Trends utilizes its cash?

To perform a cash flow analysis of Citi Trends, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Citi Trends is receiving and how much cash it distributes out in a given period. The Citi Trends cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Citi Trends Net Cash Flow from Operations is quite stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 43.65 Million

Citi Trends exotic insider transaction detected

Legal trades by Citi Trends insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Citi Trends insider trading alert for general transaction of common stock $0.01 par value by Duskin Jonathan, the corporate stakeholder, on 2nd of July 2020. This event was filed by Citi Trends Inc with SEC on 2020-07-02. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at Citi Trends Standard Deviation

Citi Trends has current Standard Deviation of 4.92. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.

Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.

Standard Deviation 
=  
SQRT(V) 
 = 
4.92
SQRT = Square root notation
V =   Variance of Citi Trends returns
Let's now compare Citi Trends Standard Deviation to its closest peers:
CTRN
LB
DLTH
DXLG
EXPR
CTRN4.922492195487249
LB6.16
DLTH6.0
DXLG9.78
EXPR6.26

Another 3 percent rise for Citi Trends

Latest Total Risk Alpha is up to -0.09. Price may slide again. As of the 20th of August, Citi Trends shows the Risk Adjusted Performance of 0.2264, mean deviation of 3.3, and Downside Deviation of 3.56. Citi Trends technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Citi Trends, which can be compared to its rivals. Please confirm Citi Trends variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Citi Trends is priced correctly, providing market reflects its regular price of 20.06 per share. Given that Citi Trends has jensen alpha of 0.5575, we suggest you to validate Citi Trends's prevailing market performance to make sure the company can sustain itself at a future point.

Our Takeaway on Citi Trends Investment

Whereas some firms under the apparel retail industry are still a bit expensive, Citi Trends may offer a potential longer-term growth to institutional investors. To conclude, as of the 20th of August 2020, our research shows that Citi Trends is a rather somewhat reliable investment opportunity with a below average odds of financial turmoil in the next two years. From a slightly different view, the entity currently appears to be overvalued. However, our current 30 days buy-or-sell advice on the company is Buy.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Citi Trends. Please refer to our Terms of Use for any information regarding our disclosure principles.

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