Cit Group Preferred Preferred Stock Performance
| FCNCO Preferred Stock | USD 23.97 0.51 2.17% |
CIT Group has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.088, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CIT Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding CIT Group is expected to be smaller as well. CIT Group Preferred now shows a risk of 0.71%. Please confirm CIT Group Preferred maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if CIT Group Preferred will be following its price patterns.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in CIT Group Preferred are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental indicators, CIT Group is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return (0.74) | Five Day Return (0.39) | Year To Date Return 11.37 | Ten Year Return (5.83) | All Time Return (5.83) |
| Begin Period Cash Flow | 362 M | |
| Total Cashflows From Investing Activities | -7.6 B |
CIT |
CIT Group Relative Risk vs. Return Landscape
If you would invest 2,329 in CIT Group Preferred on August 24, 2024 and sell it today you would earn a total of 68.00 from holding CIT Group Preferred or generate 2.92% return on investment over 90 days. CIT Group Preferred is currently producing 0.0474% returns and takes up 0.7068% volatility of returns over 90 trading days. Put another way, 6% of traded preferred stocks are less volatile than CIT, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
CIT Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CIT Group's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as CIT Group Preferred, and traders can use it to determine the average amount a CIT Group's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0671
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| Negative Returns | FCNCO |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average CIT Group is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CIT Group by adding it to a well-diversified portfolio.
CIT Group Fundamentals Growth
CIT Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of CIT Group, and CIT Group fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CIT Preferred Stock performance.
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0131 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.30 % | ||||
| Price To Earning | 0.37 X | ||||
| Revenue | 1.84 B | ||||
| EBITDA | 894.5 M | ||||
| Cash And Equivalents | 7.14 B | ||||
| Cash Per Share | 446.11 X | ||||
| Total Debt | 1.19 B | ||||
| Book Value Per Share | 605.33 X | ||||
| Cash Flow From Operations | (283.78 M) | ||||
| Earnings Per Share | 57.47 X | ||||
| Total Asset | 58.31 B | ||||
About CIT Group Performance
By examining CIT Group's fundamental ratios, stakeholders can obtain critical insights into CIT Group's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that CIT Group is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina. First Citizens operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 6578 people.Things to note about CIT Group Preferred performance evaluation
Checking the ongoing alerts about CIT Group for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for CIT Group Preferred help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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. |
- Analyzing CIT Group's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether CIT Group's stock is overvalued or undervalued compared to its peers.
- Examining CIT Group's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating CIT Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CIT Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CIT Group's preferred stock. These opinions can provide insight into CIT Group's potential for growth and whether the stock is currently undervalued or overvalued.
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.