Iheartmedia Stock Market Value
| IHRTB Stock | USD 1.80 0.00 0.00% |
| Symbol | IHeartMedia |
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 pink sheet 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.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in IHeartMedia on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding iHeartMedia or generate 0.0% return on investment in IHeartMedia over 510 days. IHeartMedia is related to or competes with RTL Group, ITV Plc, ITV PLC, ProSiebenSat1 Media, and RTL Group. 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 pink sheet 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 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0489 | |||
| Maximum Drawdown | 70.0 |
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 | 0.061 | |||
| Jensen Alpha | 0.5637 | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (0.44) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IHeartMedia'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.
iHeartMedia Backtested Returns
IHeartMedia appears to be extremely dangerous, given 3 months investment horizon. iHeartMedia holds Efficiency (Sharpe) Ratio of 0.0698, which attests that the entity had a 0.0698% return per unit of risk over the last 3 months. We have found sixteen technical indicators for iHeartMedia, which you can use to evaluate the volatility of the firm. Please utilize IHeartMedia's Risk Adjusted Performance of 0.061, standard deviation of 6.66, and Market Risk Adjusted Performance of (0.43) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IHeartMedia holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of -1.0, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning IHeartMedia are expected to decrease slowly. On the other hand, during market turmoil, IHeartMedia is expected to outperform it slightly. Please check IHeartMedia's mean deviation, information ratio, as well as the relationship between the Information Ratio and kurtosis , to make a quick decision on whether IHeartMedia's current trending patterns will revert.
Auto-correlation | 0.49 |
Average predictability
iHeartMedia has average predictability. Overlapping area represents the amount of predictability between IHeartMedia time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 price movement. The serial correlation of 0.49 indicates that about 49.0% of current IHeartMedia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
iHeartMedia lagged returns against current returns
Autocorrelation, which is IHeartMedia pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IHeartMedia pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IHeartMedia pink sheet 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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in iHeartMedia.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in IHeartMedia Pink Sheet
IHeartMedia financial ratios help investors to determine whether IHeartMedia Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IHeartMedia with respect to the benefits of owning IHeartMedia security.