Clear Channel Outdoor Stock Price Prediction
| CCO Stock | USD 1.58 0.01 0.63% |
Oversold Vs Overbought
53
Oversold | Overbought |
Quarterly Earnings Growth (0.76) | EPS Estimate Next Quarter 0.04 | EPS Estimate Current Year (0.24) | EPS Estimate Next Year (0.12) | Wall Street Target Price 1.98 |
Using Clear Channel hype-based prediction, you can estimate the value of Clear Channel Outdoor from the perspective of Clear Channel response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Clear Channel to buy its stock at a price that has no basis in reality. In that case, they are not buying Clear because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Clear Channel after-hype prediction price | USD 1.56 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clear Channel'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.
Clear Channel After-Hype Price Prediction Density Analysis
As far as predicting the price of Clear Channel at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Clear Channel or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Clear Channel, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Clear Channel Estimiated After-Hype Price Volatility
In the context of predicting Clear Channel's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Clear Channel's historical news coverage. Clear Channel's after-hype downside and upside margins for the prediction period are 0.08 and 4.69, respectively. We have considered Clear Channel's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Clear Channel is very risky at this time. Analysis and calculation of next after-hype price of Clear Channel Outdoor is based on 3 months time horizon.
Clear Channel Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Clear Channel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Clear Channel backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Clear Channel, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.08 | 3.11 | 0.00 | 0.01 | 6 Events / Month | 5 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.58 | 1.56 | 0.00 |
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Clear Channel Hype Timeline
On the 22nd of November Clear Channel Outdoor is traded for 1.58. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Clear is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.08%. %. The volatility of related hype on Clear Channel is about 1755.65%, with the expected price after the next announcement by competition of 1.57. About 17.0% of the company shares are held by company insiders. The company has Price/Earnings (P/E) ratio of 276.47. Clear Channel Outdoor recorded a loss per share of 0.3. The entity last dividend was issued on the 24th of January 2018. Considering the 90-day investment horizon the next forecasted press release will be in about 6 days. Check out Clear Channel Basic Forecasting Models to cross-verify your projections.Clear Channel Related Hype Analysis
Having access to credible news sources related to Clear Channel's direct competition is more important than ever and may enhance your ability to predict Clear Channel's future price movements. Getting to know how Clear Channel's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Clear Channel may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NCMI | National CineMedia | (0.82) | 8 per month | 0.00 | (0.05) | 3.49 | (2.77) | 14.85 | |
| BAOS | Baosheng Media Group | 0.11 | 3 per month | 5.52 | (0.01) | 11.94 | (10.17) | 32.50 | |
| TSQ | Townsquare Media | (0.16) | 9 per month | 0.00 | (0.09) | 3.24 | (2.72) | 9.63 | |
| DLPN | Dolphin Entertainment | (0.02) | 10 per month | 0.00 | (0.08) | 8.45 | (6.06) | 21.51 | |
| TZOO | Travelzoo | (0.04) | 10 per month | 2.44 | 0.16 | 12.85 | (4.06) | 20.89 | |
| DRCT | Direct Digital Holdings | (0.20) | 8 per month | 0.00 | (0.16) | 8.40 | (16.56) | 55.53 | |
| MGOL | MGO Global Common | (0.11) | 3 per month | 0.00 | (0.16) | 7.69 | (8.79) | 26.48 |
Clear Channel Additional Predictive Modules
Most predictive techniques to examine Clear price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Clear using various technical indicators. When you analyze Clear charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Clear Channel Predictive Indicators
The successful prediction of Clear Channel stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Clear Channel Outdoor, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Clear Channel based on analysis of Clear Channel hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Clear Channel's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Clear Channel's related companies. | 2019 | 2020 | 2024 (projected) | Dividend Yield | 6.26E-4 | 5.28E-4 | 5.77E-4 | Price To Sales Ratio | 0.44 | 0.41 | 0.39 |
Story Coverage note for Clear Channel
The number of cover stories for Clear Channel depends on current market conditions and Clear Channel's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Clear Channel is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Clear Channel's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Clear Channel Short Properties
Clear Channel's future price predictability will typically decrease when Clear Channel's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Clear Channel Outdoor often depends not only on the future outlook of the potential Clear Channel's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Clear Channel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 481.7 M | |
| Cash And Short Term Investments | 251.7 M |
Check out Clear Channel Basic Forecasting Models to cross-verify your projections. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Advertising 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 Clear Channel. If investors know Clear 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 Clear Channel 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 (0.76) | Earnings Share (0.30) | Revenue Per Share 4.59 | Quarterly Revenue Growth 0.061 | Return On Assets 0.039 |
The market value of Clear Channel Outdoor is measured differently than its book value, which is the value of Clear that is recorded on the company's balance sheet. Investors also form their own opinion of Clear Channel's value that differs from its market value or its book value, called intrinsic value, which is Clear Channel'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 Clear Channel's market value can be influenced by many factors that don't directly affect Clear Channel'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 Clear Channel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clear Channel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clear Channel'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.