Citizens Common Stock vs Property Plant Equipment Analysis
CIA Stock | USD 2.58 0.11 4.45% |
Citizens financial indicator trend analysis is way more than just evaluating Citizens prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Citizens is a good investment. Please check the relationship between Citizens Common Stock and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.
Common Stock vs Property Plant Equipment
Common Stock vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Citizens Common Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Citizens' Common Stock and Property Plant Equipment is 0.3. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Citizens, assuming nothing else is changed. The correlation between historical values of Citizens' Common Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Citizens are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock i.e., Citizens' Common Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Property Plant Equipment
Most indicators from Citizens' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Citizens current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.At present, Citizens' Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 159.74, whereas Selling General Administrative is forecasted to decline to about 41.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 250.5M | 232.5M | 240.7M | 148.1M | Total Revenue | 250.5M | 232.5M | 240.7M | 148.1M |
Citizens fundamental ratios Correlations
Click cells to compare fundamentals
Citizens Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Citizens fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.8B | 1.9B | 1.6B | 1.7B | 847.4M | |
Total Stockholder Equity | 259.8M | 300.9M | 320.6M | 1.0M | 172.1M | 149.3M | |
Retained Earnings | (71.0M) | (82.4M) | (45.6M) | (52.2M) | 42.2M | 44.3M | |
Other Assets | (1.1B) | (1.2B) | (1.2B) | (856.2M) | 142.0M | 149.1M | |
Common Stock Shares Outstanding | 49.7M | 49.4M | 50.5M | 50.9M | 50.7M | 43.6M | |
Liabilities And Stockholders Equity | 1.7B | 1.8B | 1.9B | 1.6B | 1.7B | 847.4M | |
Total Liab | 1.5B | 1.5B | 1.5B | 1.6B | 1.5B | 1.6B | |
Total Current Liabilities | 8.1M | 13.2M | 14.6M | 9.9M | 7.6M | 5.5M | |
Net Debt | (45.1M) | (22.2M) | (16.5M) | (12.9M) | (17.9M) | (18.8M) | |
Non Currrent Assets Other | (8.1M) | (9.9M) | (9.1M) | (165.8M) | 211.0M | 221.5M | |
Short Term Debt | 946K | 1.4M | 1.3M | 1.4M | 1.5M | 941.5K | |
Intangible Assets | 163.7M | 117.4M | 151.0M | 150.4M | 185.8M | 195.1M | |
Non Current Assets Total | 1.4B | 1.5B | 1.5B | 1.2B | 1.6B | 1.7B | |
Net Receivables | 16.4M | 17.1M | 17.0M | 17.0M | 16.8M | 12.8M | |
Total Current Assets | 1.4B | 1.5B | 1.5B | 1.2B | 66.6M | 63.3M | |
Property Plant And Equipment Net | 5.9M | 16.3M | 14.1M | 12.9M | 11.8M | 7.8M | |
Other Current Assets | 201.0M | 77.3M | 95.8M | 76.0M | 66.6M | 63.3M | |
Property Plant And Equipment Gross | 6.6M | 5.9M | 5.9M | 16.3M | 18.8M | 19.7M | |
Accounts Payable | 8.1M | 13.2M | 14.6M | 9.9M | 3.4M | 6.3M | |
Cash | 46.2M | 34.1M | 27.3M | 23.0M | 27.0M | 34.3M | |
Cash And Short Term Investments | 1.4B | 1.5B | 1.5B | 1.2B | 1.3B | 1.3B | |
Common Stock Total Equity | 264.7M | 266.1M | 268.7M | 271.3M | 312.0M | 215.5M | |
Short Term Investments | 1.4B | 1.5B | 1.5B | 1.2B | 11.0M | 10.5M | |
Non Current Liabilities Total | 12.4M | 9.6M | 15.5M | 9.9M | 1.5B | 1.6B | |
Accumulated Other Comprehensive Income | 77.1M | 128.3M | 117.5M | (195.3M) | (118.2M) | (112.2M) | |
Common Stock | 264.7M | 266.1M | 268.7M | 271.3M | 271.9M | 225.4M | |
Other Current Liab | (8.1M) | (13.2M) | (14.6M) | (9.9M) | 2.6M | 2.8M | |
Other Liab | 1.4B | 1.4B | 1.4B | 1.5B | 1.7B | 1.8B | |
Property Plant Equipment | 5.9M | 16.3M | 14.1M | 12.9M | 14.9M | 8.5M | |
Net Tangible Assets | 259.8M | 300.9M | 320.6M | 1.0M | 938.7K | 891.8K | |
Retained Earnings Total Equity | (71.0M) | (82.4M) | (45.6M) | (52.2M) | (47.0M) | (49.3M) | |
Deferred Long Term Liab | 5.7M | 12.4M | 9.6M | 15.5M | 17.8M | 18.7M | |
Long Term Investments | 1.5B | 1.6B | 1.6B | 1.4B | 1.2B | 1.4B | |
Non Current Liabilities Other | 1.4B | 1.5B | 1.5B | 1.6B | 1.8B | 1.4B | |
Cash And Equivalents | 46.2M | 34.1M | 27.3M | 23.0M | 20.7M | 29.4M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Citizens in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Citizens' short interest history, or implied volatility extrapolated from Citizens options trading.
Pair Trading with Citizens
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving together with Citizens Stock
0.64 | GL | Globe Life | PairCorr |
Moving against Citizens Stock
0.64 | AFL | Aflac Incorporated | PairCorr |
0.61 | MET | MetLife | PairCorr |
0.56 | MET-PA | MetLife Preferred Stock | PairCorr |
0.54 | AEL | American Equity Inve | PairCorr |
0.52 | LNC | Lincoln National | PairCorr |
The ability to find closely correlated positions to Citizens 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 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 - 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 to buy it.
The correlation of Citizens 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citizens 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 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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When running Citizens' price analysis, check to measure Citizens' 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 Citizens is operating at the current time. Most of Citizens' value examination focuses on studying past and present price action to predict the probability of Citizens' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citizens' price. Additionally, you may evaluate how the addition of Citizens to your portfolios can decrease your overall portfolio volatility.
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Is Citizens' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citizens. If investors know Citizens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Citizens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.08) | Earnings Share 0.47 | Revenue Per Share 4.837 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0092 |
The market value of Citizens is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens' value that differs from its market value or its book value, called intrinsic value, which is Citizens' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Citizens' market value can be influenced by many factors that don't directly affect Citizens' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.