Cit Group Preferred Preferred Stock Buy Hold or Sell Recommendation
| FCNCO Preferred Stock | USD 24.07 0.41 1.73% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding CIT Group Preferred is 'Cautious Hold'. The recommendation algorithm takes into account all of CIT Group's available fundamental, technical, and predictive indicators you will find on this site.
Check out CIT Group Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as CIT and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards CIT Group Preferred. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
CIT |
Execute CIT Group Buy or Sell Advice
The CIT recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on CIT Group Preferred. Macroaxis does not own or have any residual interests in CIT Group Preferred or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute CIT Group's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
CIT Group Trading Alerts and Improvement Suggestions
| CIT Group Preferred has accumulated about 7.14 B in cash with (283.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 446.11, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
CIT Group Returns Distribution Density
The distribution of CIT Group's historical returns is an attempt to chart the uncertainty of CIT Group's future price movements. The chart of the probability distribution of CIT Group daily returns describes the distribution of returns around its average expected value. We use CIT Group Preferred price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CIT Group returns is essential to provide solid investment advice for CIT Group.
| Mean Return | 0.04 | Value At Risk | -1.17 | Potential Upside | 1.28 | Standard Deviation | 0.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CIT Group historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
CIT Group Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to CIT Group or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that CIT Group's price will be affected by overall preferred stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a CIT preferred stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.76 | |
Ir | Information ratio | -0.12 |
CIT Group Volatility Alert
CIT Group Preferred exhibits relatively low volatility with skewness of 0.23 and kurtosis of 0.54. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure CIT Group's preferred stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact CIT Group's preferred stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.CIT Group Fundamentals Vs Peers
Comparing CIT Group's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze CIT Group's direct or indirect competition across all of the common fundamentals between CIT Group and the related equities. This way, we can detect undervalued stocks with similar characteristics as CIT Group or determine the preferred stocks which would be an excellent addition to an existing portfolio. Peer analysis of CIT Group's fundamental indicators could also be used in its relative valuation, which is a method of valuing CIT Group by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare CIT Group to competition |
| Fundamentals | CIT Group | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.0131 | -0.14 |
| Profit Margin | 0.27 % | (1.27) % |
| Operating Margin | 0.30 % | (5.51) % |
| Shares Owned By Institutions | 16.64 % | 39.21 % |
| Number Of Shares Shorted | 80.49 K | 4.71 M |
| Price To Earning | 0.37 X | 28.72 X |
| Revenue | 1.84 B | 9.43 B |
| Gross Profit | 4 B | 27.38 B |
| EBITDA | 894.5 M | 3.9 B |
| Net Income | 547.46 M | 570.98 M |
| Cash And Equivalents | 7.14 B | 2.7 B |
| Cash Per Share | 446.11 X | 5.01 X |
| Total Debt | 1.19 B | 5.32 B |
| Book Value Per Share | 605.33 X | 1.93 K |
| Cash Flow From Operations | (283.78 M) | 971.22 M |
| Short Ratio | 0.90 X | 4.00 X |
| Earnings Per Share | 57.47 X | 3.12 X |
| Number Of Employees | 10 | 18.84 K |
| Beta | 0.94 | -0.15 |
| Total Asset | 58.31 B | 29.47 B |
| Annual Yield | 0.06 % | |
| Net Asset | 58.31 B | |
| Last Dividend Paid | 2.16 |
CIT Group Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CIT . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About CIT Group Buy or Sell Advice
When is the right time to buy or sell CIT Group Preferred? Buying financial instruments such as CIT Preferred Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in CIT Preferred Stock
CIT Group financial ratios help investors to determine whether CIT Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CIT with respect to the benefits of owning CIT Group security.