CITIGROUP Change In Working Capital vs Capital Expenditures Analysis
| CITI Stock | 39.89 0.33 0.83% |
CITIGROUP CDR financial indicator trend analysis is way more than just evaluating CITIGROUP CDR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CITIGROUP CDR is a good investment. Please check the relationship between CITIGROUP CDR Change In Working Capital and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CITIGROUP CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Change In Working Capital vs Capital Expenditures
Change In Working Capital vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CITIGROUP CDR Change In Working Capital account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CITIGROUP CDR's Change In Working Capital and Capital Expenditures is -0.25. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of CITIGROUP CDR, assuming nothing else is changed. The correlation between historical values of CITIGROUP CDR's Change In Working Capital and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of CITIGROUP CDR are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change In Working Capital i.e., CITIGROUP CDR's Change In Working Capital and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.25 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Capital Expenditures
Capital Expenditures are funds used by CITIGROUP CDR to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of CITIGROUP CDR operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from CITIGROUP CDR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CITIGROUP CDR 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 CITIGROUP CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The current year's Tax Provision is expected to grow to about 4.2 B, whereas Selling General Administrative is forecasted to decline to about 30.1 B.
| 2022 | 2023 | 2024 | 2025 (projected) | Net Interest Income | 48.7B | 54.9B | 63.1B | 52.5B | Tax Provision | 3.6B | 3.5B | 4.1B | 4.2B |
CITIGROUP CDR fundamental ratios Correlations
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CITIGROUP CDR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with CITIGROUP CDR
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 CITIGROUP CDR 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 CITIGROUP CDR will appreciate offsetting losses from the drop in the long position's value.Moving together with CITIGROUP Stock
Moving against CITIGROUP Stock
The ability to find closely correlated positions to CITIGROUP CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CITIGROUP CDR 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 CITIGROUP CDR - 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 CITIGROUP CDR to buy it.
The correlation of CITIGROUP CDR 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 CITIGROUP CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CITIGROUP CDR 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 CITIGROUP CDR 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.Other Information on Investing in CITIGROUP Stock
Balance Sheet is a snapshot of the financial position of CITIGROUP CDR at a specified time, usually calculated after every quarter, six months, or one year. CITIGROUP CDR Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CITIGROUP CDR and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CITIGROUP currently owns. An asset can also be divided into two categories, current and non-current.