CMLS Stock | | | USD 0.70 0.03 4.11% |
Cumulus Media financial indicator trend analysis is way more than just evaluating Cumulus Media Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cumulus Media Class is a good investment. Please check the relationship between Cumulus Media Common Stock and its Common Stock Total Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cumulus Media Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Common Stock vs Common Stock Total Equity
Common Stock vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cumulus Media Class Common Stock account and
Common Stock Total Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Cumulus Media's Common Stock and Common Stock Total Equity is 0.21. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Cumulus Media Class, assuming nothing else is changed. The correlation between historical values of Cumulus Media's Common Stock and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Cumulus Media Class are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Common Stock i.e., Cumulus Media's Common Stock and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Cumulus Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cumulus Media Class current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cumulus Media Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Cumulus Media's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 24.14 in 2024, whereas
Discontinued Operations is likely to drop slightly above 105.6
M in 2024.
Cumulus Media fundamental ratios Correlations
Click cells to compare fundamentals
Cumulus Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cumulus Media fundamental ratios Accounts
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Additional Tools for Cumulus Stock Analysis
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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.