Citigroup Stock Forward View - Double Exponential Smoothing
| C Stock | MXN 1,952 61.68 3.26% |
Citigroup Stock outlook is based on your current time horizon.
At this time the value of rsi of Citigroup's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Citigroup hype-based prediction, you can estimate the value of Citigroup from the perspective of Citigroup response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Citigroup on the next trading day is expected to be 1,947 with a mean absolute deviation of 32.72 and the sum of the absolute errors of 1,930. Citigroup after-hype prediction price | MXN 1951.68 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Citigroup |
Citigroup Additional Predictive Modules
Most predictive techniques to examine Citigroup price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Citigroup using various technical indicators. When you analyze Citigroup charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Citigroup Double Exponential Smoothing Price Forecast For the 19th of February
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Citigroup on the next trading day is expected to be 1,947 with a mean absolute deviation of 32.72, mean absolute percentage error of 1,761, and the sum of the absolute errors of 1,930.Please note that although there have been many attempts to predict Citigroup Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Citigroup's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Citigroup Stock Forecast Pattern
| Backtest Citigroup | Citigroup Price Prediction | Research Analysis |
Citigroup Forecasted Value
In the context of forecasting Citigroup's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Citigroup's downside and upside margins for the forecasting period are 1,945 and 1,949, respectively. We have considered Citigroup's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Citigroup stock data series using in forecasting. Note that when a statistical model is used to represent Citigroup stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -7.419 |
| MAD | Mean absolute deviation | 32.7173 |
| MAPE | Mean absolute percentage error | 0.0161 |
| SAE | Sum of the absolute errors | 1930.32 |
Predictive Modules for Citigroup
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Citigroup. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Citigroup After-Hype Price Density Analysis
As far as predicting the price of Citigroup at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Citigroup or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Citigroup, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Citigroup Estimiated After-Hype Price Volatility
In the context of predicting Citigroup's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Citigroup's historical news coverage. Citigroup's after-hype downside and upside margins for the prediction period are 1,950 and 1,954, respectively. We have considered Citigroup's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Citigroup is very steady at this time. Analysis and calculation of next after-hype price of Citigroup is based on 3 months time horizon.
Citigroup Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Citigroup is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Citigroup backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Citigroup, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.14 | 2.01 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1,952 | 1,952 | 0.00 |
|
Citigroup Hype Timeline
Citigroup is currently traded for 1,952on Mexican Exchange of Mexico. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Citigroup is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.14%. %. The volatility of related hype on Citigroup is about 0.0%, with the expected price after the next announcement by competition of 1,952. About 73.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. Citigroup has Price/Earnings To Growth (PEG) ratio of 0.72. The entity recorded earning per share (EPS) of 133.59. The firm last dividend was issued on the 3rd of February 2023. Citigroup had 1:10 split on the 9th of May 2011. Given the investment horizon of 90 days the next expected press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Citigroup to cross-verify your projections. For more information on how to buy Citigroup Stock please use our How to Invest in Citigroup guide.Citigroup Related Hype Analysis
Having access to credible news sources related to Citigroup's direct competition is more important than ever and may enhance your ability to predict Citigroup's future price movements. Getting to know how Citigroup's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Citigroup may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| JPM | JPMorgan Chase Co | 0.00 | 0 per month | 0.00 | (0.11) | 2.37 | (3.10) | 8.02 | |
| BAC | Bank of America | 0.00 | 0 per month | 0.00 | (0.11) | 2.04 | (2.80) | 6.28 | |
| BBVA | Banco Bilbao Vizcaya | 0.00 | 0 per month | 2.42 | (0.01) | 2.13 | (3.00) | 11.26 | |
| BOLSAA | Bolsa Mexicana de | 0.00 | 0 per month | 1.60 | 0.03 | 3.47 | (2.55) | 12.38 | |
| SIGMAFA | Sigma Foods SAB | 0.00 | 0 per month | 0.81 | 0.14 | 3.36 | (1.57) | 5.32 | |
| BBAJIOO | Banco del Bajo | 0.00 | 0 per month | 1.86 | 0.08 | 3.31 | (3.02) | 11.35 | |
| PINFRAL | Promotora y Operadora | 0.00 | 0 per month | 1.53 | 0.06 | 2.63 | (2.56) | 12.89 | |
| WMT | Walmart | 0.00 | 0 per month | 1.21 | 0.11 | 3.52 | (2.20) | 10.25 | |
| BAFARB | Grupo Bafar SAB | 0.00 | 0 per month | 0.00 | 0.26 | 1.48 | 0.00 | 5.02 |
Other Forecasting Options for Citigroup
For every potential investor in Citigroup, whether a beginner or expert, Citigroup's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Citigroup Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Citigroup. Basic forecasting techniques help filter out the noise by identifying Citigroup's price trends.Citigroup 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 Citigroup stock to make a market-neutral strategy. Peer analysis of Citigroup could also be used in its relative valuation, which is a method of valuing Citigroup by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Citigroup Market Strength Events
Market strength indicators help investors to evaluate how Citigroup stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Citigroup shares will generate the highest return on investment. By undertsting and applying Citigroup stock market strength indicators, traders can identify Citigroup entry and exit signals to maximize returns.
Citigroup Risk Indicators
The analysis of Citigroup'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 Citigroup's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting citigroup 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 | 1.54 | |||
| Semi Deviation | 2.04 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.14 | |||
| Downside Variance | 4.91 | |||
| Semi Variance | 4.17 | |||
| Expected Short fall | (1.60) |
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.
Story Coverage note for Citigroup
The number of cover stories for Citigroup depends on current market conditions and Citigroup's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Citigroup is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Citigroup's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Additional Tools for Citigroup Stock Analysis
When running Citigroup's price analysis, check to measure Citigroup'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 Citigroup is operating at the current time. Most of Citigroup's value examination focuses on studying past and present price action to predict the probability of Citigroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citigroup's price. Additionally, you may evaluate how the addition of Citigroup to your portfolios can decrease your overall portfolio volatility.