Cumulus Media Class Stock Price on January 19, 2024

CMLS Stock  USD 0.78  0.02  2.63%   
Below is the normalized historical share price chart for Cumulus Media Class extending back to June 13, 2018. 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 Cumulus Media stands at 0.78, as last reported on the 29th of November, with the highest price reaching 0.83 and the lowest price hitting 0.78 during the day.
IPO Date
25th of June 1998
200 Day MA
2.1588
50 Day MA
1.1097
Beta
1.453
 
Covid
If you're considering investing in Cumulus Stock, it is important to understand the factors that can impact its price. Cumulus Media Class secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21% return per unit of risk over the last 3 months. Cumulus Media Class exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cumulus Media's Risk Adjusted Performance of (0.17), standard deviation of 4.56, and Mean Deviation of 3.11 to double-check the risk estimate we provide.
  
At this time, Cumulus Media's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 549 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 15.9 M in 2024. . At this time, Cumulus Media's Price Earnings To Growth Ratio is comparatively stable compared to the past year. Price To Free Cash Flows Ratio is likely to gain to 14.09 in 2024, whereas Price To Sales Ratio is likely to drop 0.10 in 2024. Cumulus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2141

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Estimated Market Risk

 4.62
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.99
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cumulus Media 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 Cumulus Media by adding Cumulus Media to a well-diversified portfolio.
Price Book
0.0546
Enterprise Value Ebitda
87.479
Price Sales
0.0156
Shares Float
12.7 M
Wall Street Target Price
11

Cumulus Media Valuation on January 19, 2024

It is possible to determine the worth of Cumulus Media on a given historical date. On January 19, 2024 Cumulus was worth 4.86 at the beginning of the trading date compared to the closed value of 5.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cumulus Media stock. Still, in general, we apply an absolute valuation method to find Cumulus Media'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 Cumulus Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cumulus Media's related companies.
 Open High Low Close Volume
  4.99    5.01    4.87    4.88    25,644  
01/19/2024
  4.86    5.02    4.85    5.00    42,055  
  5.00    5.06    4.89    4.89    126,455  
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Open Value
4.86
5.0
Closing Value
18.71
Upside

Cumulus Media Trading Date Momentum on January 19, 2024

On January 22 2024 Cumulus Media Class was traded for  4.89  at the closing time. The top price for the day was 5.06  and the lowest listed price was  4.89 . The trading volume for the day was 126.5 K. The trading history from January 22, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.20% . The overall trading delta against the current closing price is 4.80% .

Cumulus Media Class Fundamentals Correlations and Trends

By evaluating Cumulus Media'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 Cumulus Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cumulus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cumulus Media Stock history

Cumulus Media 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 Cumulus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cumulus Media Class 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 Cumulus Media stock prices may prove useful in developing a viable investing in Cumulus Media
Last ReportedProjected for Next Year
Common Stock Shares Outstanding17.3 M15.9 M
Net Income Applicable To Common Shares18.7 M19.6 M

Cumulus Media Quarterly Net Working Capital

120.15 Million

Cumulus Media Stock Technical Analysis

Cumulus Media 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.
A focus of Cumulus Media technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cumulus Media trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cumulus Media Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cumulus Media Class cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Cumulus Media November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Cumulus Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cumulus Media shares will generate the highest return on investment. By undertsting and applying Cumulus Media stock market strength indicators, traders can identify Cumulus Media Class entry and exit signals to maximize returns

Cumulus Media Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cumulus Media's price direction in advance. Along with the technical and fundamental analysis of Cumulus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cumulus 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.

Additional Tools for Cumulus Stock Analysis

When running Cumulus Media's price analysis, check to measure Cumulus Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cumulus Media is operating at the current time. Most of Cumulus Media's value examination focuses on studying past and present price action to predict the probability of Cumulus Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cumulus Media's price. Additionally, you may evaluate how the addition of Cumulus Media to your portfolios can decrease your overall portfolio volatility.