Cigna Income Tax Expense from 2010 to 2024

CI Stock  USD 363.34  5.61  1.57%   
Cigna Corp's Income Tax Expense is increasing with stable movements from year to year. Income Tax Expense is predicted to flatten to about 133.9 M. For the period between 2010 and 2024, Cigna Corp, Income Tax Expense quarterly trend regression had median of  1,136,000,000 and r-value of  0.20. View All Fundamentals
 
Income Tax Expense  
First Reported
1985-09-30
Previous Quarter
1.8 B
Current Value
-919 M
Quarterly Volatility
256.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cigna Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cigna main balance sheet or income statement drivers, such as Interest Expense of 1.5 B, Operating Income of 5.4 B or EBIT of 2.2 B, as well as many exotic indicators such as Short Term Coverage Ratios of 3.9, Price Earnings Ratio of 9.56 or Price To Sales Ratio of 0.48. Cigna financial statements analysis is a perfect complement when working with Cigna Corp Valuation or Volatility modules.
  
This module can also supplement Cigna Corp's financial leverage analysis and stock options assessment as well as various Cigna Corp Technical models . Check out the analysis of Cigna Corp Correlation against competitors.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.

Latest Cigna Corp's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Cigna Corp over the last few years. It is Cigna Corp's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cigna Corp's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Cigna Income Tax Expense Regression Statistics

Arithmetic Mean1,011,576,667
Coefficient Of Variation62.55
Mean Deviation490,718,222
Median1,136,000,000
Standard Deviation632,760,528
Sample Variance400385.9T
Range2.4B
R-Value0.20
Mean Square Error413170.1T
R-Squared0.04
Significance0.46
Slope28,920,536
Total Sum of Squares5605402.4T

Cigna Income Tax Expense History

2024133.9 M
2023141 M
20221.6 B
20211.4 B
20202.4 B
20191.4 B
2018935 M

About Cigna Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cigna Corp income statement, its balance sheet, and the statement of cash flows. Cigna Corp investors use historical funamental indicators, such as Cigna Corp's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Cigna Corp investors may use each financial statement separately, they are all related. The changes in Cigna Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cigna Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cigna Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cigna Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Income Tax Expense141 M133.9 M

Cigna Corp Investors Sentiment

The influence of Cigna Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cigna. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cigna Corp's public news can be used to forecast risks associated with an investment in Cigna. The trend in average sentiment can be used to explain how an investor holding Cigna can time the market purely based on public headlines and social activities around Cigna Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cigna Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cigna Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cigna Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cigna Corp.

Cigna Corp Implied Volatility

    
  35.95  
Cigna Corp's implied volatility exposes the market's sentiment of Cigna Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cigna Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cigna Corp stock will not fluctuate a lot when Cigna Corp's options are near their expiration.
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 Cigna Corp 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, Cigna Corp's short interest history, or implied volatility extrapolated from Cigna Corp options trading.

Pair Trading with Cigna Corp

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 Cigna Corp 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 Cigna Corp will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Cigna Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cigna Corp 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 Cigna Corp - 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 Cigna Corp to buy it.
The correlation of Cigna Corp 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 Cigna Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cigna Corp 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 Cigna Corp 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.
Pair CorrelationCorrelation Matching
When determining whether Cigna Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cigna Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cigna Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cigna Corp Stock:
Check out the analysis of Cigna Corp Correlation against competitors.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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Is Cigna Corp's 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 Cigna Corp. If investors know Cigna 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 Cigna Corp 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
(0.10)
Dividend Share
4.92
Earnings Share
17.39
Revenue Per Share
664.145
Quarterly Revenue Growth
0.116
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp's 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 Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp's 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 Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp's 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.