Citigroup Z Score
C   USA Stock  USD 54.09 1.39 2.64% 
Citigroup  Z Score 
Citigroup Z Score Analysis
Citigroup's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2019  2020  2021  2022 (projected)  
Operating Income  23.9 B  13.63 B  27.47 B  25.75 B 
Operating Expenses  42.78 B  44.37 B  48.19 B  44.85 B 
Z Score  =  Sum Of   5 Factors 
 
 
 
 

Citigroup Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Citigroup is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Citigroup's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Citigroup's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Citigroup's interrelated accounts and indicators.
0.46  0.43  0.76  0.23  0.56  0.51  
0.46  0.91  0.16  0.95  0.09  1.0  
0.43  0.91  0.24  0.88  0.02  0.92  
0.76  0.16  0.24  0.09  0.87  0.23  
0.23  0.95  0.88  0.09  0.25  0.94  
0.56  0.09  0.02  0.87  0.25  0.01  
0.51  1.0  0.92  0.23  0.94  0.01 
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
In accordance with the company's disclosures, Citigroup has a Z Score of 0.0. This is 100.0% lower than that of the Financial Services sector and about the same as Banksâ€”Diversified (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Citigroup Current Valuation Drivers
We derive many important indicators used in calculating different scores of Citigroup from analyzing Citigroup's financial statements. These drivers represent accounts that assess Citigroup's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Citigroup's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  (32.53 K)  88.46 K  97 K  52.42 K  47.18 K  45.66 K  
Revenue Per Employee  420.89 K  476.08 K  517.25 K  421.58 K  379.42 K  371.99 K  
Average Assets  1,854.32 B  1,919.25 B  1,978.15 B  2,236.76 B  2,323.86 B  2,356.32 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  26.25 B  27.16 B  27.74 B  17.51 B  31.37 B  29.78 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  26.25 B  27.16 B  27.74 B  17.51 B  31.37 B  29.78 B  
Earnings before Tax  22.59 B  23.4 B  23.83 B  13.57 B  27.4 B  25.65 B  
Average Equity  221.63 B  198.81 B  195.81 B  194.32 B  201.89 B  223.67 B  
Enterprise Value  442.74 B  372.81 B  426.49 B  322.6 B  293.16 B  327.71 B  
Free Cash Flow  (11.76 B)  33.39 B  (17.91 B)  (24.02 B)  57.32 B  61.85 B  
Invested Capital  2,071.99 B  2,144.12 B  2,190.44 B  2,424.29 B  2,477.22 B  2,561.42 B  
Invested Capital Average  2,060.69 B  2,140.25 B  2,215.71 B  2,427.67 B  2,494.14 B  2,587.96 B  
Market Capitalization  196.74 B  127.14 B  174.42 B  128.37 B  119.83 B  146.49 B  
Tangible Asset Value  1,815.06 B  1,890.12 B  1,924.21 B  2,233.18 B  2,265.62 B  2,293.78 B 
Citigroup Institutional Holders
Institutional Holdings refers to the ownership stake in Citigroup that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Citigroup's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in highprofile magazines, and presentations at investor conferences help move the stock higher, increasing Citigroup's value.Security Type  Shares  Value  
Vanguard Group Inc  Common Shares  168.7 M  9 B  
Blackrock Inc  Common Shares  164.9 M  8.8 B  
State Street Corp  Common Shares  93.3 M  5 B  
Berkshire Hathaway Inc  Common Shares  55.2 M  2.9 B  
Susquehanna International Group Llp  Put Options  38.8 M  2.1 B  
Bank Of America Corp  Common Shares  36.9 M  2 B  
Geode Capital Management Llc  Common Shares  33.9 M  1.8 B  
Morgan Stanley  Common Shares  28.4 M  1.5 B  
Susquehanna International Group Llp  Call Options  18.9 M  1 B 
Citigroup Fundamentals
Return On Equity  9.15 %  
Return On Asset  0.78 %  
Profit Margin  25.17 %  
Operating Margin  30.82 %  
Current Valuation  (373.64 B)  
Shares Outstanding  1.98 B  
Shares Owned by Insiders  0.21 %  
Shares Owned by Institutions  79.60 %  
Number of Shares Shorted  47.85 M  
Price to Earning  4.71 X  
Price to Book  0.54 X  
Price to Sales  1.36 X  
Revenue  72.76 B  
Gross Profit  74.99 B  
EBITDA  28.03 B  
Net Income  17.17 B  
Cash and Equivalents  975.49 B  
Cash per Share  502.34 X  
Total Debt  488.59 B  
Debt to Equity  0.91 %  
Book Value Per Share  92.17 X  
Cash Flow from Operations  60.82 B  
Short Ratio  1.94 X  
Earnings Per Share  10.56 X  
Price to Earnings To Growth  (0.70) X  
Number of Employees  228 K  
Beta  1.67  
Market Capitalization  98.72 B  
Total Asset  1731.21 B  
Retained Earnings  155.97 B  
Five Year Return  2.69 %  
Last Dividend Paid  2.04 
About Citigroup Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Citigroup's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Citigroup using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Citigroup based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York. Citigroup operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 228000 people.
Citigroup Investors Sentiment
The influence of Citigroup's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Citigroup. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.Citigroup Implied Volatility  47.61 
Citigroup's implied volatility exposes the market's sentiment of Citigroup stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Citigroup'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 Citigroup stock will not fluctuate a lot when Citigroup'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 Citigroup 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, Citigroup's short interest history, or implied volatility extrapolated from Citigroup options trading.
Pair Trading with Citigroup
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 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 will appreciate offsetting losses from the drop in the long position's value.Citigroup Pair Correlation
Correlation Analysis For Direct Indexing and Taxloss Harvesting
The ability to find closely correlated positions to Citigroup could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Citigroup 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  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 to buy it.
The correlation of Citigroup is a statistical measure of how it moves in relation to other equities. 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citigroup 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 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Continue to Citigroup Piotroski F Score and Citigroup Valuation analysis. Note that the Citigroup information on this page should be used as a complementary analysis to other Citigroup's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and riskadjusted market performance.
Complementary Tools for Citigroup Stock analysis
When running Citigroup price analysis, check to measure Citigroup'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 Citigroup is operating at the current time. Most of Citigroup's value examination focuses on studying past and present price action to predict the probability of Citigroup's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Citigroup's price. Additionally, you may evaluate how the addition of Citigroup to your portfolios can decrease your overall portfolio volatility.
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The market value of Citigroup is measured differently than its book value, which is the value of Citigroup that is recorded on the company's balance sheet. Investors also form their own opinion of Citigroup's value that differs from its market value or its book value, called intrinsic value, which is Citigroup'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 Citigroup's market value can be influenced by many factors that don't directly affect Citigroup'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 Citigroup's value and its price as these two are different measures arrived at by different means. Investors typically determine Citigroup value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citigroup'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.