Citizens Financial (Germany) Market Value
| 1C5 Stock | EUR 44.43 0.94 2.16% |
| Symbol | Citizens |
Citizens Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Citizens Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Citizens Financial.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Citizens Financial on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Citizens Financial Group or generate 0.0% return on investment in Citizens Financial over 30 days. Citizens Financial is related to or competes with Regions Financial, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, and NorAm Drilling. Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association and Citizens... More
Citizens Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Citizens Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Citizens Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.0941 | |||
| Maximum Drawdown | 10.05 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 3.19 |
Citizens Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Citizens Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Citizens Financial's standard deviation. In reality, there are many statistical measures that can use Citizens Financial historical prices to predict the future Citizens Financial's volatility.| Risk Adjusted Performance | 0.1223 | |||
| Jensen Alpha | 0.2431 | |||
| Total Risk Alpha | 0.0316 | |||
| Sortino Ratio | 0.1217 | |||
| Treynor Ratio | 0.8408 |
Citizens Financial Backtested Returns
Citizens Financial appears to be very steady, given 3 months investment horizon. Citizens Financial secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Citizens Financial Group, which you can use to evaluate the volatility of the firm. Please makes use of Citizens Financial's Downside Deviation of 1.45, mean deviation of 1.3, and Risk Adjusted Performance of 0.1223 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Citizens Financial holds a performance score of 11. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Citizens Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Citizens Financial is expected to be smaller as well. Please check Citizens Financial's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Citizens Financial's price patterns will revert.
Auto-correlation | 0.57 |
Modest predictability
Citizens Financial Group has modest predictability. Overlapping area represents the amount of predictability between Citizens Financial time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Citizens Financial price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Citizens Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Citizens Financial lagged returns against current returns
Autocorrelation, which is Citizens Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Citizens Financial's stock expected returns. We can calculate the autocorrelation of Citizens Financial returns to help us make a trade decision. For example, suppose you find that Citizens Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Citizens Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Citizens Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Citizens Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Citizens Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Citizens Financial Lagged Returns
When evaluating Citizens Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Citizens Financial stock have on its future price. Citizens Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Citizens Financial autocorrelation shows the relationship between Citizens Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Citizens Financial Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Citizens Stock
Citizens Financial financial ratios help investors to determine whether Citizens 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 Citizens with respect to the benefits of owning Citizens Financial security.