Clear Channel Outdoor Stock Alpha and Beta Analysis
| CCO Stock | USD 1.59 0.01 0.63% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Clear Channel Outdoor. It also helps investors analyze the systematic and unsystematic risks associated with investing in Clear Channel over a specified time horizon. Remember, high Clear Channel's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Clear Channel's market risk premium analysis include:
Beta 2.26 | Alpha (0.12) | Risk 3.09 | Sharpe Ratio 0.0588 | Expected Return 0.18 |
Clear Channel Quarterly Cash And Equivalents |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Clear |
Clear Channel Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Clear Channel market risk premium is the additional return an investor will receive from holding Clear Channel long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Clear Channel. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Clear Channel's performance over market.| α | -0.12 | β | 2.26 |
Clear Channel expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Clear Channel's Buy-and-hold return. Our buy-and-hold chart shows how Clear Channel performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Clear Channel Market Price Analysis
Market price analysis indicators help investors to evaluate how Clear Channel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clear Channel shares will generate the highest return on investment. By understating and applying Clear Channel stock market price indicators, traders can identify Clear Channel position entry and exit signals to maximize returns.
Clear Channel Return and Market Media
The median price of Clear Channel for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 1.57 with a coefficient of variation of 4.33. The daily time series for the period is distributed with a sample standard deviation of 0.07, arithmetic mean of 1.57, and mean deviation of 0.05. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by John Dionne of 521 shares of Clear Channel at 1.87 subject to Rule 16b-3 | 09/11/2024 |
2 | Acquisition by Jason Dilger of 170454 shares of Clear Channel subject to Rule 16b-3 | 09/13/2024 |
3 | Acquisition by Ares Management Llc of 730000 shares of Clear Channel at 1.6522 subject to Rule 16b-3 | 10/11/2024 |
4 | Radin Health Adds CCO, Marc Shapiro, to its C-Suite to Expand Global Commercialization Efforts | 10/17/2024 |
5 | Acquisition by Moreno Arturo R of 500000 shares of Clear Channel at 1.43 subject to Rule 16b-3 | 10/31/2024 |
6 | Clear Channel Outdoor Holdings Inc Q3 2024 Earnings Call Highlights Strong Revenue ... | 11/01/2024 |
7 | Clear Channel Outdoor Holdings, Inc. Q3 2024 Earnings Call Transcript | 11/04/2024 |
8 | Acquisition by Moreno Arturo R of 250000 shares of Clear Channel at 1.46 subject to Rule 16b-3 | 11/05/2024 |
9 | Clear Channel Outdoor Holdings Strong Demand and Strategic Expansion | 11/06/2024 |
10 | Clear Channel Outdoor awarded OOH advertising concession by the MTA | 11/13/2024 |
11 | Clear Channel Outdoor Holdings, Inc. to Participate in the Wells Fargo 8th Annual TMT Summit | 11/18/2024 |
12 | Who Was Simone White, UK Lawyer Killed In Suspected Methanol Poisoning | 11/22/2024 |
About Clear Channel Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Clear or other stocks. Alpha measures the amount that position in Clear Channel Outdoor has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 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 |
Clear Channel Upcoming Company Events
As portrayed in its financial statements, the presentation of Clear Channel's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Clear Channel's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Clear Channel's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Clear Channel. Please utilize our Beneish M Score to check the likelihood of Clear Channel's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Clear Channel
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Clear Channel Backtesting, Clear Channel Valuation, Clear Channel Correlation, Clear Channel Hype Analysis, Clear Channel Volatility, Clear Channel History and analyze Clear Channel Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Clear Channel technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.