Clear Graham Number from 2010 to 2026
| CCO Stock | USD 2.40 0.01 0.42% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 3.94 | Current Value 4.88 | Quarterly Volatility 0.18508142 |
Check Clear Channel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clear Channel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 301.2 M, Interest Expense of 281 M or Selling General Administrative of 133.3 M, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 6.0E-4 or Days Sales Outstanding of 112. Clear financial statements analysis is a perfect complement when working with Clear Channel Valuation or Volatility modules.
Clear | Graham Number | Build AI portfolio with Clear Stock |
Evaluating Clear Channel's Graham Number across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Clear Channel Outdoor's fundamental strength.
Latest Clear Channel's Graham Number Growth Pattern
Below is the plot of the Graham Number of Clear Channel Outdoor over the last few years. It is Clear Channel's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clear Channel's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
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Graham Number |
| Timeline |
Clear Graham Number Regression Statistics
| Arithmetic Mean | 4.36 | |
| Geometric Mean | 4.36 | |
| Coefficient Of Variation | 4.25 | |
| Mean Deviation | 0.09 | |
| Median | 4.37 | |
| Standard Deviation | 0.19 | |
| Sample Variance | 0.03 | |
| Range | 0.94 | |
| R-Value | 0.24 | |
| Mean Square Error | 0.03 | |
| R-Squared | 0.06 | |
| Significance | 0.35 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.55 |
Clear Graham Number History
About Clear Channel Financial Statements
Clear Channel investors utilize fundamental indicators, such as Graham Number, to predict how Clear Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Graham Number | 3.94 | 4.88 |
Pair Trading with Clear Channel
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 Clear Channel 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 Clear Channel will appreciate offsetting losses from the drop in the long position's value.Moving against Clear Stock
| 0.78 | CHR | Cheer Holding | PairCorr |
| 0.72 | EDHL | Everbright Digital | PairCorr |
| 0.69 | YOC | YOC AG | PairCorr |
| 0.59 | RFX | Prismaflex International | PairCorr |
| 0.46 | PUB | Publicis Groupe SA | PairCorr |
The ability to find closely correlated positions to Clear Channel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clear Channel 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 Clear Channel - 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 Clear Channel Outdoor to buy it.
The correlation of Clear Channel 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 Clear Channel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clear Channel Outdoor 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 Clear Channel 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.Check out the analysis of Clear Channel Correlation against competitors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Will Advertising sector continue expanding? Could Clear diversify its offerings? Factors like these will boost the valuation of Clear Channel. Projected growth potential of Clear fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Clear Channel data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.76) | Earnings Share (0.21) | Revenue Per Share | Quarterly Revenue Growth 0.081 | Return On Assets |
Understanding Clear Channel Outdoor requires distinguishing between market price and book value, where the latter reflects Clear's accounting equity. The concept of intrinsic value - what Clear Channel's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Clear Channel's price substantially above or below its fundamental value.
It's important to distinguish between Clear Channel's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Clear Channel should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Clear Channel's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.