Citizens Financial Net Income vs. Retained Earnings
| CFG-PH Stock | 26.18 0.18 0.68% |
For Citizens Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Citizens Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Citizens Financial Group, utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Citizens Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Citizens Financial Group, over time as well as its relative position and ranking within its peers.
Citizens |
Citizens Financial Group, Retained Earnings vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Citizens Financial's current stock value. Our valuation model uses many indicators to compare Citizens Financial value to that of its competitors to determine the firm's financial worth. Citizens Financial Group, is number one stock in net income category among its peers. It also is number one stock in retained earnings category among its peers reporting about 6.90 of Retained Earnings per Net Income. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Citizens Financial's earnings, one of the primary drivers of an investment's value.Citizens Retained Earnings vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Citizens Financial |
| = | 1.51 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Citizens Financial |
| = | 10.41 B |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Citizens Retained Earnings Comparison
Citizens Financial is currently under evaluation in retained earnings category among its peers.
Citizens Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Citizens Financial. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Citizens Financial position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Citizens Financial's important profitability drivers and their relationship over time.
Use Citizens Financial in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Citizens Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Citizens Financial will appreciate offsetting losses from the drop in the long position's value.Citizens Financial Pair Trading
Citizens Financial Group, Pair Trading Analysis
The ability to find closely correlated positions to Citizens Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Citizens Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Citizens Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Citizens Financial Group, to buy it.
The correlation of Citizens Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Citizens Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citizens Financial Group, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Citizens Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Citizens Financial position
In addition to having Citizens Financial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Candy and Soda Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
To fully project Citizens Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Citizens Financial Group, at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Citizens Financial's income statement, its balance sheet, and the statement of cash flows.