Live Nation Entertainment Stock Market Value
| LYV Stock | USD 140.54 0.25 0.18% |
| Symbol | Live |
Live Nation Entertainment Price To Book Ratio
Is Movies & Entertainment 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 Live Nation. If investors know Live 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 Live Nation 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 (0.14) | Earnings Share 0.88 | Revenue Per Share 101.505 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0319 |
The market value of Live Nation Entertainment is measured differently than its book value, which is the value of Live that is recorded on the company's balance sheet. Investors also form their own opinion of Live Nation's value that differs from its market value or its book value, called intrinsic value, which is Live Nation'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 Live Nation's market value can be influenced by many factors that don't directly affect Live Nation'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 Live Nation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Live Nation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Live Nation'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.
Live Nation '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 Live Nation'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 Live Nation.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Live Nation on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Live Nation Entertainment or generate 0.0% return on investment in Live Nation over 60 days. Live Nation is related to or competes with Liberty Media, Atlanta Braves, News Corp, News Corp, Atlanta Braves, Liberty Media, and Madison Square. Live Nation Entertainment, Inc. operates as a live entertainment company More
Live Nation 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 Live Nation'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 Live Nation Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.3047 | |||
| Maximum Drawdown | 9.16 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 2.7 |
Live Nation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Live Nation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Live Nation's standard deviation. In reality, there are many statistical measures that can use Live Nation historical prices to predict the future Live Nation's volatility.| Risk Adjusted Performance | 0.3054 | |||
| Jensen Alpha | 0.4493 | |||
| Total Risk Alpha | 0.3417 | |||
| Sortino Ratio | 0.4227 | |||
| Treynor Ratio | 0.5423 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Live Nation'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.
Live Nation Entertainment Backtested Returns
Live Nation appears to be very steady, given 3 months investment horizon. Live Nation Entertainment has Sharpe Ratio of 0.39, which conveys that the firm had a 0.39% return per unit of risk over the last 3 months. By analyzing Live Nation's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please exercise Live Nation's Downside Deviation of 1.08, mean deviation of 1.06, and Risk Adjusted Performance of 0.3054 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Live Nation holds a performance score of 31. The company secures a Beta (Market Risk) of 1.07, which conveys a somewhat significant risk relative to the market. Live Nation returns are very sensitive to returns on the market. As the market goes up or down, Live Nation is expected to follow. Please check Live Nation's sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to make a quick decision on whether Live Nation's current price movements will revert.
Auto-correlation | 0.87 |
Very good predictability
Live Nation Entertainment has very good predictability. Overlapping area represents the amount of predictability between Live Nation time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 Live Nation Entertainment price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Live Nation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 63.4 |
Live Nation Entertainment lagged returns against current returns
Autocorrelation, which is Live Nation 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 Live Nation's stock expected returns. We can calculate the autocorrelation of Live Nation returns to help us make a trade decision. For example, suppose you find that Live Nation 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 |
Live Nation 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 Live Nation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Live Nation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Live Nation stock over time.
Current vs Lagged Prices |
| Timeline |
Live Nation Lagged Returns
When evaluating Live Nation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Live Nation stock have on its future price. Live Nation 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, Live Nation autocorrelation shows the relationship between Live Nation stock current value and its past values and can show if there is a momentum factor associated with investing in Live Nation Entertainment.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Live Stock Analysis
When running Live Nation's price analysis, check to measure Live Nation'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 Live Nation is operating at the current time. Most of Live Nation's value examination focuses on studying past and present price action to predict the probability of Live Nation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Nation's price. Additionally, you may evaluate how the addition of Live Nation to your portfolios can decrease your overall portfolio volatility.