Clear Channel Outdoor Stock Probability of Future Stock Price Finishing Over 10.70
| CCO Stock | USD 1.51 0.05 3.21% |
Clear |
Clear Channel Target Price Odds to finish over 10.70
The tendency of Clear Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 10.70 or more in 90 days |
| 1.51 | 90 days | 10.70 | close to zero percent |
Based on a normal probability distribution, the odds of Clear Channel to move over $ 10.70 or more in 90 days from now is close to zero percent (This Clear Channel Outdoor probability density function shows the probability of Clear Stock to fall within a particular range of prices over 90 days) . Probability of Clear Channel Outdoor price to stay between its current price of $ 1.51 and $ 10.70 at the end of the 90-day period is about 81.55 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.18 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Clear Channel will likely underperform. Additionally Clear Channel Outdoor has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Clear Channel Price Density |
| Price |
Predictive Modules for Clear Channel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Clear Channel Outdoor. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clear Channel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Clear Channel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Clear Channel is not an exception. The market had few large corrections towards the Clear Channel's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Clear Channel Outdoor, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Clear Channel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 2.18 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.01 |
Clear Channel Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Clear Channel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Clear Channel Outdoor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Clear Channel may become a speculative penny stock | |
| Clear Channel had very high historical volatility over the last 90 days | |
| Clear Channel has high likelihood to experience some financial distress in the next 2 years | |
| Clear Channel Outdoor has 7.17 B in debt. Clear Channel Outdoor has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Clear to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 2.13 B. Reported Net Loss for the year was (159.21 M) with profit before taxes, overhead, and interest of 1.15 B. | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Shareholders in Clear Channel Outdoor Holdings are in the red if they invested three years ago |
Clear Channel Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Clear Stock often depends not only on the future outlook of the current and potential Clear Channel's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Clear Channel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 481.7 M | |
| Cash And Short Term Investments | 251.7 M |
Clear Channel Technical Analysis
Clear Channel's future price can be derived by breaking down and analyzing its technical indicators over time. Clear Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Clear Channel Outdoor. In general, you should focus on analyzing Clear Stock price patterns and their correlations with different microeconomic environments and drivers.
Clear Channel Predictive Forecast Models
Clear Channel's time-series forecasting models is one of many Clear Channel's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Clear Channel's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Clear Channel Outdoor
Checking the ongoing alerts about Clear Channel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Clear Channel Outdoor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Clear Channel may become a speculative penny stock | |
| Clear Channel had very high historical volatility over the last 90 days | |
| Clear Channel has high likelihood to experience some financial distress in the next 2 years | |
| Clear Channel Outdoor has 7.17 B in debt. Clear Channel Outdoor has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Clear to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 2.13 B. Reported Net Loss for the year was (159.21 M) with profit before taxes, overhead, and interest of 1.15 B. | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Shareholders in Clear Channel Outdoor Holdings are in the red if they invested three years ago |
Check out Clear Channel Backtesting, Clear Channel Valuation, Clear Channel Correlation, Clear Channel Hype Analysis, Clear Channel Volatility, Clear Channel History as well as Clear Channel Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.