Clear Channel Outdoor Stock Price on December 18, 2024
CCO Stock | USD 1.35 0.03 2.17% |
Below is the normalized historical share price chart for Clear Channel Outdoor extending back to November 11, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Clear Channel stands at 1.35, as last reported on the 29th of December, with the highest price reaching 1.39 and the lowest price hitting 1.34 during the day.
If you're considering investing in Clear Stock, it is important to understand the factors that can impact its price. Clear Channel Outdoor secures Sharpe Ratio (or Efficiency) of -0.0796, which signifies that the company had a -0.0796% return per unit of standard deviation over the last 3 months. Clear Channel Outdoor exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clear Channel's risk adjusted performance of (0.05), and Mean Deviation of 1.91 to double-check the risk estimate we provide.
At this time, Clear Channel's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 29th of December 2024, Capital Stock is likely to grow to about 5 M, though Total Stockholder Equity is likely to grow to (3.3 B). . At this time, Clear Channel's Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 29th of December 2024, Price Cash Flow Ratio is likely to grow to 29.45, while Price To Sales Ratio is likely to drop 0.39. Clear Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of November 2005 | 200 Day MA 1.5274 | 50 Day MA 1.5296 | Beta 3.094 |
Clear |
Sharpe Ratio = -0.0796
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Estimated Market Risk
2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Clear Channel is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Clear Channel by adding Clear Channel to a well-diversified portfolio.
Enterprise Value Ebitda 14.974 | Price Sales 0.2959 | Shares Float 293.9 M | Wall Street Target Price 1.98 | Earnings Share (0.30) |
Clear Channel Valuation on December 18, 2024
It is possible to determine the worth of Clear Channel on a given historical date. On December 18, 2024 Clear was worth 1.46 at the beginning of the trading date compared to the closed value of 1.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clear Channel stock. Still, in general, we apply an absolute valuation method to find Clear Channel's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Clear Channel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clear Channel's related companies.
Open | High | Low | Close | Volume | |
1.48 | 1.50 | 1.44 | 1.45 | 1,481,481 | |
12/18/2024 | 1.46 | 1.49 | 1.37 | 1.38 | 2,165,537 |
1.42 | 1.43 | 1.38 | 1.40 | 2,579,532 |
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Clear Channel Trading Date Momentum on December 18, 2024
On December 19 2024 Clear Channel Outdoor was traded for 1.40 at the closing time. Highest Clear Channel's price during the trading hours was 1.43 and the lowest price during the day was 1.38 . The net volume was 2.6 M. The overall trading history on the 19th of December contributed to the next trading period price boost. The overall trading delta to the next next day price was 1.45% . The overall trading delta to current price is 0.00% . |
Clear Channel Outdoor Fundamentals Correlations and Trends
By evaluating Clear Channel's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Clear Channel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clear financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Clear Channel Stock history
Clear Channel investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Clear is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clear Channel Outdoor will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Clear Channel stock prices may prove useful in developing a viable investing in Clear Channel
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 481.7 M | 410.2 M | |
Net Loss | -86.9 M | -91.3 M |
Clear Channel Stock Technical Analysis
Clear Channel technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Clear Channel Period Price Range
Low | December 29, 2024
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0.00 | 0.00 |
Clear Channel Outdoor cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Clear Channel December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Clear Channel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clear Channel shares will generate the highest return on investment. By undertsting and applying Clear Channel stock market strength indicators, traders can identify Clear Channel Outdoor entry and exit signals to maximize returns
Clear Channel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clear Channel's price direction in advance. Along with the technical and fundamental analysis of Clear Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clear to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (0.55) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clear Channel Outdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Advertising space 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 Clear Channel. If investors know Clear 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 Clear Channel 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 (0.76) | Earnings Share (0.30) | Revenue Per Share 4.59 | Quarterly Revenue Growth 0.061 | Return On Assets 0.039 |
The market value of Clear Channel Outdoor is measured differently than its book value, which is the value of Clear that is recorded on the company's balance sheet. Investors also form their own opinion of Clear Channel's value that differs from its market value or its book value, called intrinsic value, which is Clear Channel'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 Clear Channel's market value can be influenced by many factors that don't directly affect Clear Channel'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 Clear Channel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clear Channel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clear Channel'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.