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CIO
Stock ticker:
NYSE
AS OF
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Price
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Capitalization
201.69M

CIO City Office Reit Forecast, Technical & Fundamental Analysis

a real estate investment trust

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A.I.Advisor
a Summary for CIO with price predictions
08:00 PM EDT Jun 01, 2023

CIO's Indicator enters downward trend

The Aroon Indicator for CIO entered a downward trend on May 23, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 203 similar instances where the Aroon Indicator formed such a pattern. In of the 203 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where CIO's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CIO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CIO's RSI Indicator exited the oversold zone, of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on May 25, 2023. You may want to consider a long position or call options on CIO as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CIO just turned positive on May 19, 2023. Looking at past instances where CIO's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where CIO advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .

CIO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.297) is normal, around the industry mean (2.487). P/E Ratio (23.529) is within average values for comparable stocks, (45.887). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (6.529). CIO has a moderately high Dividend Yield (0.158) as compared to the industry average of (0.072). CIO's P/S Ratio (1.161) is slightly lower than the industry average of (6.283).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. CIO’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CIO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are PROLOGIS (NYSE:PLD), American Tower Corp (NYSE:AMT), Simon Property Group (NYSE:SPG), Annaly Capital Management (NYSE:NLY), Rithm Capital Corp (NYSE:RITM), Tanger Factory Outlet Centers (NYSE:SKT), Innovative Industrial Properties (NYSE:IIPR).

Industry description

A real estate investment trust (REIT) is a company any that owns, and in most cases, operates, income-producing real estate – ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and timberlands. Some REITs are involved in financing real estate. Equity REITs invest in and own properties, while mortgage REITs own and invest in property mortgages. REITs are required by law to pay out at least 90% of their annual taxable income (excluding capital gains) to shareholders in the form of dividends. Some REITs could be more cyclical than others; for example, when an economy is undergoing a recession, hotel REITs could be more vulnerable, compared to say healthcare REIT given that healthcare needs are less likely to depend on economic cycles. American Tower Corporation, Prologis, Inc. and Crown Castle International Corp are some of the biggest REIT companies in the U.S.

Market Cap

The average market capitalization across the Real Estate Investment Trusts Industry is 4.74B. The market cap for tickers in the group ranges from 51.9K to 239.85B. COFRF holds the highest valuation in this group at 239.85B. The lowest valued company is PDNLB at 51.9K.

High and low price notable news

The average weekly price growth across all stocks in the Real Estate Investment Trusts Industry was 3%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was -3%. AAIC experienced the highest price growth at 51%, while VNORP experienced the biggest fall at -31%.

Volume

The average weekly volume growth across all stocks in the Real Estate Investment Trusts Industry was 35%. For the same stocks of the Industry, the average monthly volume growth was -18% and the average quarterly volume growth was 44%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 59
Price Growth Rating: 60
SMR Rating: 77
Profit Risk Rating: 83
Seasonality Score: 0 (-100 ... +100)
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A.I. Advisor
published Earnings

CIO is expected to report earnings to rise 55.67% to -4 cents per share on August 03

City Office Reit CIO Stock Earnings Reports
Q2'23
Est.
$-0.05
Q1'23
Beat
by $0.02
Q4'22
Beat
by $0.43
Q3'22
Missed
by $0.01
Q2'22
Missed
by $0.01
The last earnings report on May 05 showed earnings per share of -2 cents, beating the estimate of -5 cents. With 581.13K shares outstanding, the current market capitalization sits at 201.69M.
A.I.Advisor
published Dividends

CIO paid dividends on April 25, 2023

City Office Reit CIO Stock Dividends
А dividend of $0.20 per share was paid with a record date of April 25, 2023, and an ex-dividend date of April 10, 2023. Read more...
A.I. Advisor
published General Information

General Information

a real estate investment trust

Industry RealEstateInvestmentTrusts

Profile
Fundamentals
Details
Industry
Real Estate Investment Trusts
Address
666 Burrard Street
Phone
+1 604 806-3366
Employees
23
Web
https://www.cioreit.com
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CIO and

Correlation & Price change

A.I.dvisor indicates that over the last year, CIO has been closely correlated with HIW. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if CIO jumps, then HIW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CIO
1D Price
Change %
CIO100%
+7.45%
HIW - CIO
76%
Closely correlated
+4.98%
PDM - CIO
73%
Closely correlated
+5.55%
CUZ - CIO
73%
Closely correlated
+4.53%
BRX - CIO
73%
Closely correlated
+3.92%
ESRT - CIO
71%
Closely correlated
+4.87%
More

Groups containing CIO

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CIO
1D Price
Change %
CIO100%
+7.45%
CIO
(undefined stocks)
79%
Closely correlated
+5.46%
real estate
(undefined stocks)
67%
Closely correlated
+3.33%
investment trust
(undefined stocks)
66%
Closely correlated
+3.18%
reits
(undefined stocks)
66%
Closely correlated
+3.43%
Real Estate Investment Trusts
(undefined stocks)
58%
Loosely correlated
+2.01%
More