Iheartmedia Class A Stock Market Value
| IHRT Stock | USD 2.40 0.05 2.04% |
| Symbol | IHeartMedia |
iHeartMedia Class Price To Book Ratio
Is Broadcasting 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 IHeartMedia. If investors know IHeartMedia 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 IHeartMedia 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 (0.85) | Earnings Share (6.81) | Revenue Per Share 25.24 | Quarterly Revenue Growth 0.058 | Return On Assets 0.0135 |
The market value of iHeartMedia Class is measured differently than its book value, which is the value of IHeartMedia that is recorded on the company's balance sheet. Investors also form their own opinion of IHeartMedia's value that differs from its market value or its book value, called intrinsic value, which is IHeartMedia'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 IHeartMedia's market value can be influenced by many factors that don't directly affect IHeartMedia'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 IHeartMedia's value and its price as these two are different measures arrived at by different means. Investors typically determine if IHeartMedia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IHeartMedia'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.
IHeartMedia 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IHeartMedia's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IHeartMedia.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in IHeartMedia on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding iHeartMedia Class A or generate 0.0% return on investment in IHeartMedia over 360 days. IHeartMedia is related to or competes with Disney, Roku, Netflix, AMC Entertainment, Warner Bros, News Corp, and News Corp. iHeartMedia, Inc. operates as a media and entertainment company worldwide More
IHeartMedia Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IHeartMedia's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess iHeartMedia Class A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.9 | |||
| Information Ratio | 0.1181 | |||
| Maximum Drawdown | 30.98 | |||
| Value At Risk | (6.91) | |||
| Potential Upside | 12.67 |
IHeartMedia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IHeartMedia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IHeartMedia's standard deviation. In reality, there are many statistical measures that can use IHeartMedia historical prices to predict the future IHeartMedia's volatility.| Risk Adjusted Performance | 0.1143 | |||
| Jensen Alpha | 0.8835 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.1625 | |||
| Treynor Ratio | 3.24 |
iHeartMedia Class Backtested Returns
IHeartMedia appears to be very risky, given 3 months investment horizon. iHeartMedia Class holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. By examining IHeartMedia's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please utilize IHeartMedia's Market Risk Adjusted Performance of 3.25, downside deviation of 4.9, and Risk Adjusted Performance of 0.1143 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IHeartMedia holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IHeartMedia's returns are expected to increase less than the market. However, during the bear market, the loss of holding IHeartMedia is expected to be smaller as well. Please check IHeartMedia's downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether IHeartMedia's current trending patterns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
iHeartMedia Class A has very good reverse predictability. Overlapping area represents the amount of predictability between IHeartMedia time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iHeartMedia Class price movement. The serial correlation of -0.69 indicates that around 69.0% of current IHeartMedia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
iHeartMedia Class lagged returns against current returns
Autocorrelation, which is IHeartMedia stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IHeartMedia's stock expected returns. We can calculate the autocorrelation of IHeartMedia returns to help us make a trade decision. For example, suppose you find that IHeartMedia has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IHeartMedia regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IHeartMedia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IHeartMedia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IHeartMedia stock over time.
Current vs Lagged Prices |
| Timeline |
IHeartMedia Lagged Returns
When evaluating IHeartMedia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IHeartMedia stock have on its future price. IHeartMedia autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IHeartMedia autocorrelation shows the relationship between IHeartMedia stock current value and its past values and can show if there is a momentum factor associated with investing in iHeartMedia Class A.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for IHeartMedia Stock Analysis
When running IHeartMedia's price analysis, check to measure IHeartMedia'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 IHeartMedia is operating at the current time. Most of IHeartMedia's value examination focuses on studying past and present price action to predict the probability of IHeartMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IHeartMedia's price. Additionally, you may evaluate how the addition of IHeartMedia to your portfolios can decrease your overall portfolio volatility.