CITIGROUP INC Market Value
| 17327CAM5 | 88.72 7.28 7.58% |
| Symbol | CITIGROUP |
CITIGROUP '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 CITIGROUP's bond 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 CITIGROUP.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in CITIGROUP on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding CITIGROUP INC or generate 0.0% return on investment in CITIGROUP over 30 days. CITIGROUP is related to or competes with MGIC Investment, Fidus Investment, CapitaLand Investment, Black Hills, Montauk Renewables, Newpark Resources, and Cementos Pacasmayo. More
CITIGROUP 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 CITIGROUP's bond 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 CITIGROUP INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 11.96 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.2295 |
CITIGROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CITIGROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CITIGROUP's standard deviation. In reality, there are many statistical measures that can use CITIGROUP historical prices to predict the future CITIGROUP's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.57) |
CITIGROUP INC Backtested Returns
CITIGROUP INC secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the bond had a -0.12% return per unit of volatility over the last 3 months. CITIGROUP INC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CITIGROUP's risk adjusted performance of (0.05), and Mean Deviation of 0.4203 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CITIGROUP's returns are expected to increase less than the market. However, during the bear market, the loss of holding CITIGROUP is expected to be smaller as well.
Auto-correlation | -0.42 |
Modest reverse predictability
CITIGROUP INC has modest reverse predictability. Overlapping area represents the amount of predictability between CITIGROUP time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th of December 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 CITIGROUP INC price movement. The serial correlation of -0.42 indicates that just about 42.0% of current CITIGROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 4.33 |
CITIGROUP INC lagged returns against current returns
Autocorrelation, which is CITIGROUP bond'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 CITIGROUP's bond expected returns. We can calculate the autocorrelation of CITIGROUP returns to help us make a trade decision. For example, suppose you find that CITIGROUP has exhibited high autocorrelation historically, and you observe that the bond 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 |
CITIGROUP 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 CITIGROUP bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CITIGROUP bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CITIGROUP bond over time.
Current vs Lagged Prices |
| Timeline |
CITIGROUP Lagged Returns
When evaluating CITIGROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CITIGROUP bond have on its future price. CITIGROUP 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, CITIGROUP autocorrelation shows the relationship between CITIGROUP bond current value and its past values and can show if there is a momentum factor associated with investing in CITIGROUP INC.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in CITIGROUP Bond
CITIGROUP financial ratios help investors to determine whether CITIGROUP Bond 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 CITIGROUP with respect to the benefits of owning CITIGROUP security.