Cit Inc Stock Price on November 29, 2024
| CINT Stock | USD 6.54 0.18 2.68% |
If you're considering investing in CiT Stock, it is important to understand the factors that can impact its price. As of today, the current price of CiT stands at 6.54, as last reported on the 12th of December 2024, with the highest price reaching 6.75 and the lowest price hitting 6.49 during the day. CiT Inc secures Sharpe Ratio (or Efficiency) of -0.0147, which signifies that the company had a -0.0147% return per unit of volatility over the last 3 months. CiT Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CiT's risk adjusted performance of 0.0033, and Mean Deviation of 2.02 to double-check the risk estimate we provide.
At this time, CiT's Other Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 146 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 2 B in 2024. . Price To Sales Ratio is likely to drop to 1.52 in 2024. Price Earnings Ratio is likely to drop to 25.52 in 2024. CiT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CiT |
Sharpe Ratio = -0.0147
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| Negative Returns | CINT |
Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CiT is not performing at its full potential. However, 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 by adding CiT to a well-diversified portfolio.
Price Book 3.3408 | Enterprise Value Ebitda 15.9777 | Price Sales 0.4115 | Shares Float 19.9 M | Wall Street Target Price 7.5165 |
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
CiT Valuation on November 29, 2024
It is possible to determine the worth of CiT on a given historical date. On November 29, 2024 CiT was worth 6.93 at the beginning of the trading date compared to the closed value of 6.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CiT stock. Still, in general, we apply an absolute valuation method to find CiT's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CiT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CiT's related companies.
| Open | High | Low | Close | Volume | |
| 6.80 | 6.93 | 6.79 | 6.83 | 172,746 | |
11/29/2024 | 6.93 | 6.99 | 6.76 | 6.77 | 57,399 |
| 6.69 | 6.92 | 6.61 | 6.66 | 77,113 |
| Backtest CiT | | | CiT History | | | CiT Valuation | Previous | Next |
CiT Trading Date Momentum on November 29, 2024
| On December 02 2024 CiT Inc was traded for 6.66 at the closing time. The top price for the day was 6.92 and the lowest listed price was 6.61 . The trading volume for the day was 77.1 K. The trading history from December 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.62% . The overall trading delta against the current closing price is 1.62% . |
CiT Inc Fundamentals Correlations and Trends
By evaluating CiT's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CiT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CiT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CiT Stock history
CiT investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CiT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CiT Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CiT stock prices may prove useful in developing a viable investing in CiT
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 139.1 M | 146 M | |
| Net Income Applicable To Common Shares | 144.8 M | 152 M |
CiT Quarterly Net Working Capital |
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CiT Stock Technical Analysis
CiT technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
CiT Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
CiT Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
CiT December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how CiT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CiT shares will generate the highest return on investment. By undertsting and applying CiT stock market strength indicators, traders can identify CiT Inc entry and exit signals to maximize returns
CiT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CiT's price direction in advance. Along with the technical and fundamental analysis of CiT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CiT to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0033 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.04) |
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| Volume Indicators |
Additional Tools for CiT Stock Analysis
When running CiT's price analysis, check to measure CiT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CiT is operating at the current time. Most of CiT's value examination focuses on studying past and present price action to predict the probability of CiT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CiT's price. Additionally, you may evaluate how the addition of CiT to your portfolios can decrease your overall portfolio volatility.