Salem Media Group Price on May 14, 2024

SALMDelisted Stock  USD 0.34  0.06  21.43%   
If you're considering investing in Salem OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Salem Media stands at 0.34, as last reported on the 22nd of May, with the highest price reaching 0.38 and the lowest price hitting 0.24 during the day. We have found twenty-four technical indicators for Salem Media Group, which you can use to evaluate the volatility of the company. Please validate Salem Media's Risk Adjusted Performance of (0.06), coefficient of variation of (890.47), and Variance of 49.75 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Salem OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Salem Media is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Salem Media by adding Salem Media to a well-diversified portfolio.

Salem Media Valuation on May 14, 2024

It is possible to determine the worth of Salem Media on a given historical date. On May 14, 2024 Salem was worth 0.28 at the beginning of the trading date compared to the closed value of 0.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salem Media otc stock. Still, in general, we apply an absolute valuation method to find Salem Media's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Salem Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salem Media's related companies.
 Open High Low Close Volume
  0.28    0.32    0.26    0.26    1,011,039  
01/19/2024
  0.28    0.38    0.24    0.34    563,065  
  0.28    0.38    0.24    0.34    0.00  
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Open Value
0.28
0.34
Closing Value
0.28
Upside

Salem Media Trading Date Momentum on May 14, 2024

On May 22 2024 Salem Media Group was traded for  0.34  at the closing time. The top price for the day was 0.38  and the lowest listed price was  0.24 . There was no trading activity during the period 0.0. Lack of trading volume on May 22, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 17.65% .

Salem Media Group Fundamentals Correlations and Trends

By evaluating Salem Media's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Salem Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salem financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Salem Media OTC Stock history

Salem Media investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Salem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salem Media Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Salem Media stock prices may prove useful in developing a viable investing in Salem Media
Salem Media Group, Inc. operates as a multimedia company in the United States. The company was founded in 1974 and is based in Irving, Texas. Salem Media operates under Broadcasting classification in the United States and is traded on NASDAQ Exchange. It employs 1079 people.

Salem Media OTC Stock Technical Analysis

Salem Media technical otc 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, otc market cycles, or different charting patterns.
A focus of Salem Media technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Salem Media trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Salem Media Period Price Range

Low
January 19, 2024
0.06  21.43%
High

 0.28 

     

 0.34 

Salem Media May 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Salem Media otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salem Media shares will generate the highest return on investment. By undertsting and applying Salem Media otc stock market strength indicators, traders can identify Salem Media Group entry and exit signals to maximize returns

Salem Media Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Salem Media's price direction in advance. Along with the technical and fundamental analysis of Salem OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salem to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Salem OTC Stock

If you are still planning to invest in Salem Media Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Salem Media's history and understand the potential risks before investing.
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