Cumulus Other Stockholder Equity from 2010 to 2024
| CMLS Stock | USD 2.14 0.02 0.94% |
Other Stockholder Equity | First Reported 1998-06-30 | Previous Quarter 308 M | Current Value 308 M | Quarterly Volatility 420.8 M |
Check Cumulus Media financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cumulus Media's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.2 M, Interest Expense of 72.5 M or Selling General Administrative of 49.7 M, as well as many indicators such as Price To Sales Ratio of 0.1, Dividend Yield of 0.0139 or PTB Ratio of 0.3. Cumulus financial statements analysis is a perfect complement when working with Cumulus Media Valuation or Volatility modules.
Cumulus | Other Stockholder Equity |
Latest Cumulus Media's Other Stockholder Equity Growth Pattern
Below is the plot of the Other Stockholder Equity of Cumulus Media Class over the last few years. It is Cumulus Media's Other Stockholder Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cumulus Media's overall financial position and show how it may be relating to other accounts over time.
| Other Stockholder Equity | 10 Years Trend |
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Other Stockholder Equity |
| Timeline |
Cumulus Other Stockholder Equity Regression Statistics
| Arithmetic Mean | 638,729,718 | |
| Coefficient Of Variation | 158.19 | |
| Mean Deviation | 704,102,092 | |
| Median | 343,385,000 | |
| Standard Deviation | 1,010,410,225 | |
| Sample Variance | 1020928.8T | |
| Range | 4B | |
| R-Value | (0.11) | |
| Mean Square Error | 1087112.5T | |
| R-Squared | 0.01 | |
| Significance | 0.71 | |
| Slope | (23,944,941) | |
| Total Sum of Squares | 14293003.5T |
Cumulus Other Stockholder Equity History
About Cumulus Media Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Cumulus Media income statement, its balance sheet, and the statement of cash flows. Cumulus Media investors use historical funamental indicators, such as Cumulus Media's Other Stockholder Equity, to determine how well the company is positioned to perform in the future. Although Cumulus Media investors may use each financial statement separately, they are all related. The changes in Cumulus Media's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cumulus Media's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cumulus Media Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cumulus Media. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Stockholder Equity | 308 M | 549 M |
Pair Trading with Cumulus Media
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cumulus Media position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cumulus Media will appreciate offsetting losses from the drop in the long position's value.Moving together with Cumulus Stock
Moving against Cumulus Stock
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| 0.74 | NCTY | The9 Ltd ADR | PairCorr |
| 0.65 | WLYB | John Wiley Sons Earnings Call This Week | PairCorr |
| 0.61 | SE | Sea | PairCorr |
| 0.61 | RSVR | Reservoir Media | PairCorr |
The ability to find closely correlated positions to Cumulus Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cumulus Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cumulus Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cumulus Media Class to buy it.
The correlation of Cumulus Media is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cumulus Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cumulus Media Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cumulus Media can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Cumulus Stock Analysis
When running Cumulus Media's price analysis, check to measure Cumulus Media'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 Cumulus Media is operating at the current time. Most of Cumulus Media's value examination focuses on studying past and present price action to predict the probability of Cumulus Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cumulus Media's price. Additionally, you may evaluate how the addition of Cumulus Media to your portfolios can decrease your overall portfolio volatility.