Citizens Other Stockholder Equity vs Inventory 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 Other Stockholder Equity and its Inventory 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.
Other Stockholder Equity vs Inventory
Other Stockholder Equity vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Citizens Financial Group, Other Stockholder Equity account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Citizens Financial's Other Stockholder Equity and Inventory is -0.17. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Inventory 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 Other Stockholder Equity and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Citizens Financial Group, are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Stockholder Equity i.e., Citizens Financial's Other Stockholder Equity and Inventory go up and down completely randomly.
Correlation Coefficient | -0.17 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Stockholder Equity
Inventory
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.