CME Income Statement Research
| CME Stock | USD 212.59 4.18 1.93% |
CME |
Most accounts from CME's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CME Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out CME Valuation and CME Correlation analysis. At present, CME's Selling And Marketing Expenses is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 4.4 B, whereas Total Revenue is forecasted to decline to about 3 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.9B | 4.3B | 4.5B | 2.5B | Total Revenue | 4.7B | 5.0B | 5.6B | 3.0B |
CME income statement Correlations
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CME Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CME income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 178M | 166.2M | 166.9M | 162.7M | 159.4M | 107.7M | |
| Total Revenue | 4.9B | 4.9B | 4.7B | 5.0B | 5.6B | 3.0B | |
| Gross Profit | 4.0B | 4.0B | 3.9B | 4.3B | 4.5B | 2.5B | |
| Operating Income | 2.6B | 2.6B | 2.6B | 3.0B | 3.4B | 1.8B | |
| Ebit | 2.6B | 2.6B | 2.6B | 3.0B | 3.4B | 1.8B | |
| Ebitda | 2.7B | 2.8B | 2.8B | 3.2B | 3.8B | 1.9B | |
| Income Before Tax | 2.7B | 2.7B | 3.4B | 3.5B | 4.2B | 4.4B | |
| Net Income | 2.1B | 2.1B | 2.6B | 2.7B | 3.2B | 3.4B | |
| Income Tax Expense | 573.8M | 615.7M | 736.7M | 799.3M | 927.4M | 973.8M | |
| Cost Of Revenue | 898.7M | 856.5M | 837M | 753.1M | 1.0B | 557.7M | |
| Research Development | 201.5M | 198.5M | 192.6M | 188.6M | 216.9M | 227.7M | |
| Tax Provision | 573.8M | 615.7M | 736.7M | 799.3M | 925.4M | 536.7M | |
| Net Interest Income | (178M) | (166.2M) | (166.9M) | (162.7M) | (159.6M) | (167.6M) |
CME Investors Sentiment
The influence of CME'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 CME. 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 CME's public news can be used to forecast risks associated with an investment in CME. The trend in average sentiment can be used to explain how an investor holding CME can time the market purely based on public headlines and social activities around CME Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CME'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 CME'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 CME's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CME.
CME Implied Volatility | 53.32 |
CME's implied volatility exposes the market's sentiment of CME Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CME'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 CME stock will not fluctuate a lot when CME'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 CME 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, CME's short interest history, or implied volatility extrapolated from CME options trading.
Pair Trading with CME
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 CME 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 CME will appreciate offsetting losses from the drop in the long position's value.Moving together with CME Stock
| 0.81 | ICE | Intercontinental Exchange Earnings Call Next Week | PairCorr |
Moving against CME Stock
| 0.68 | DHIL | Diamond Hill Investment | PairCorr |
| 0.55 | SPGI | SP Global Earnings Call Tomorrow | PairCorr |
| 0.54 | DNB | Dun Bradstreet Holdings Earnings Call Next Week | PairCorr |
The ability to find closely correlated positions to CME could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CME 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 CME - 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 CME Group to buy it.
The correlation of CME 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 CME moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CME 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 CME 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 CME Valuation and CME Correlation analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for CME Stock analysis
When running CME's price analysis, check to measure CME'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 CME is operating at the current time. Most of CME's value examination focuses on studying past and present price action to predict the probability of CME's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CME's price. Additionally, you may evaluate how the addition of CME to your portfolios can decrease your overall portfolio volatility.
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Is CME'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 CME. If investors know CME 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 CME 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 0.276 | Dividend Share 4.4 | Earnings Share 8.87 | Revenue Per Share 15.512 | Quarterly Revenue Growth 0.192 |
The market value of CME Group is measured differently than its book value, which is the value of CME that is recorded on the company's balance sheet. Investors also form their own opinion of CME's value that differs from its market value or its book value, called intrinsic value, which is CME'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 CME's market value can be influenced by many factors that don't directly affect CME'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 CME's value and its price as these two are different measures arrived at by different means. Investors typically determine if CME is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CME'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.