CITIGROUP Historical Income Statement
| CITI Stock | 39.16 0.14 0.36% |
Historical analysis of CITIGROUP CDR income statement accounts such as Net Interest Income of 52.5 B, Interest Income of 87 B or Interest Expense of 94.6 B can show how well CITIGROUP CDR performed in making a profits. Evaluating CITIGROUP CDR income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CITIGROUP CDR's future profits or losses.
CITIGROUP CDR Net Income |
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CITIGROUP |
About CITIGROUP Income Statement Analysis
CITIGROUP CDR Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CITIGROUP CDR shareholders. The income statement also shows CITIGROUP investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
CITIGROUP CDR Income Statement Chart
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts CITIGROUP CDR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from CITIGROUP CDR's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 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 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. At present, CITIGROUP CDR's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 11.5 B, whereas Interest Income is forecasted to decline to about 87 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 income statement 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
| 0.88 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.88 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.74 | UNH | UnitedHealth Group CDR | PairCorr |
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
CITIGROUP CDR Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CITIGROUP CDR shareholders. The income statement also shows CITIGROUP investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).