Citizens Common Stock Shares Outstanding vs Net Receivables Analysis
| CFG-PH Stock | 27.28 0.37 1.37% |
Citizens Financial financial indicator trend analysis is way more than just evaluating Citizens Financial Group, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Citizens Financial Group, is a good investment. Please check the relationship between Citizens Financial Common Stock Shares Outstanding and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Common Stock Shares Outstanding vs Net Receivables
Common Stock Shares Outstanding vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Citizens Financial Group, Common Stock Shares Outstanding account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Citizens Financial's Common Stock Shares Outstanding and Net Receivables is 0.49. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Citizens Financial Group,, assuming nothing else is changed. The correlation between historical values of Citizens Financial's Common Stock Shares Outstanding and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Citizens Financial Group, are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock Shares Outstanding i.e., Citizens Financial's Common Stock Shares Outstanding and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.49 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Net Receivables
Most indicators from Citizens Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Citizens Financial Group, current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of now, Citizens Financial's Enterprise Value Multiple is decreasing as compared to previous years.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 4.5B | 6.0B | 6.2B | 5.9B | Tax Provision | 658M | 582M | 422M | 523.3M |
Citizens Financial fundamental ratios Correlations
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Citizens Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Citizens Financial Group, is a strong investment it is important to analyze Citizens Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Citizens Financial's future performance. For an informed investment choice regarding Citizens Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.