TSQ Stock | | | USD 10.03 0.04 0.40% |
Townsquare Media financial indicator trend analysis is much more than just breaking down Townsquare Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Townsquare Media is a good investment. Please check the relationship between Townsquare Media Long Term Investments and its Common Stock accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Townsquare Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
To learn how to invest in Townsquare Stock, please use our
How to Invest in Townsquare Media guide.
Long Term Investments vs Common Stock
Long Term Investments vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Townsquare Media Long Term Investments account and
Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Townsquare Media's Long Term Investments and Common Stock is -0.48. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Townsquare Media, assuming nothing else is changed. The correlation between historical values of Townsquare Media's Long Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Townsquare Media are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Investments i.e., Townsquare Media's Long Term Investments and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Townsquare Media balance sheet that represents investments Townsquare Media intends to hold for over a year. Townsquare Media long term investments may include different instruments such as stocks, bonds, real estate and cash.
Common Stock
Most indicators from Townsquare Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Townsquare Media 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Townsquare Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
To learn how to invest in Townsquare Stock, please use our
How to Invest in Townsquare Media guide.At this time, Townsquare Media's
Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/22/2024,
Enterprise Value Multiple is likely to grow to 96.27, while
Selling General Administrative is likely to drop slightly above 7.6
M.
Townsquare Media fundamental ratios Correlations
Click cells to compare fundamentals
Townsquare Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Townsquare Media fundamental ratios Accounts
Additional Tools for Townsquare Stock Analysis
When running Townsquare Media's price analysis, check to
measure Townsquare 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 Townsquare Media is operating at the current time. Most of Townsquare Media's value examination focuses on studying past and present price action to
predict the probability of Townsquare 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 Townsquare Media's price. Additionally, you may evaluate how the addition of Townsquare Media to your portfolios can decrease your overall portfolio volatility.