City Return On Equity from 2010 to 2024
| CHCO Stock | USD 131.91 2.05 1.53% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.16891263 | Current Value 0.088 | Quarterly Volatility 0.02324333 |
Check City Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among City Holding's main balance sheet or income statement drivers, such as Interest Expense of 26.2 M, Other Operating Expenses of 78.3 M or Operating Income of 155.7 M, as well as many indicators such as Price To Sales Ratio of 3.06, Dividend Yield of 0.0242 or PTB Ratio of 1.54. City financial statements analysis is a perfect complement when working with City Holding Valuation or Volatility modules.
City | Return On Equity |
Latest City Holding's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of City Holding over the last few years. Return on Equity is the amount of City Holding net income returned as a percentage of City Holding equity. Return on equity measures City Holding profitability by revealing how much profit City Holding generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. City Holding's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in City Holding's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.17 | 10 Years Trend |
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Return On Equity |
| Timeline |
City Return On Equity Regression Statistics
| Arithmetic Mean | 0.13 | |
| Geometric Mean | 0.12 | |
| Coefficient Of Variation | 18.34 | |
| Mean Deviation | 0.02 | |
| Median | 0.13 | |
| Standard Deviation | 0.02 | |
| Sample Variance | 0.0005 | |
| Range | 0.0886 | |
| R-Value | 0.33 | |
| Mean Square Error | 0.0005 | |
| R-Squared | 0.11 | |
| Significance | 0.23 | |
| Slope | 0 | |
| Total Sum of Squares | 0.01 |
City Return On Equity History
About City Holding Financial Statements
City Holding investors utilize fundamental indicators, such as Return On Equity, to predict how City Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.17 | 0.09 |
Pair Trading with City Holding
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 City Holding 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 City Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with City Stock
| 0.97 | AX | Axos Financial | PairCorr |
| 0.97 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.97 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against City Stock
| 0.5 | CFG-PE | Citizens Financial | PairCorr |
| 0.46 | TFC-PO | Truist Financial | PairCorr |
| 0.45 | TFC-PR | Truist Financial | PairCorr |
| 0.34 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to City Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace City Holding 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 City Holding - 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 City Holding to buy it.
The correlation of City Holding 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 City Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Holding 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 City Holding 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 City Holding Correlation against competitors. To learn how to invest in City Stock, please use our How to Invest in City Holding guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space 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 City Holding. If investors know City 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 City Holding 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 0.019 | Dividend Share 2.93 | Earnings Share 7.8 | Revenue Per Share 19.688 | Quarterly Revenue Growth 0.026 |
The market value of City Holding is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Holding's value that differs from its market value or its book value, called intrinsic value, which is City Holding'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 City Holding's market value can be influenced by many factors that don't directly affect City Holding'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 City Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Holding'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.