Clear Book Value Per Share from 2010 to 2024
| CCO Stock | USD 1.44 0.06 4.00% |
Book Value Per Share | First Reported 2010-12-31 | Previous Quarter (7.19) | Current Value (6.83) | Quarterly Volatility 6.63255893 |
Check Clear Channel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clear main balance sheet or income statement drivers, such as Depreciation And Amortization of 296.5 M, Interest Expense of 275.4 M or Selling General Administrative of 645 M, as well as many exotic indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 6.0E-4 or Days Sales Outstanding of 103. Clear financial statements analysis is a perfect complement when working with Clear Channel Valuation or Volatility modules.
Clear | Book Value Per Share |
Latest Clear Channel's Book Value Per Share Growth Pattern
Below is the plot of the Book Value Per Share of Clear Channel Outdoor over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Clear Channel's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clear Channel's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (7.17) X | 10 Years Trend |
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Book Value Per Share |
| Timeline |
Clear Book Value Per Share Regression Statistics
| Arithmetic Mean | (2.06) | |
| Geometric Mean | 3.22 | |
| Coefficient Of Variation | (321.45) | |
| Mean Deviation | 4.61 | |
| Median | (4.97) | |
| Standard Deviation | 6.63 | |
| Sample Variance | 43.99 | |
| Range | 24.3742 | |
| R-Value | (0.83) | |
| Mean Square Error | 14.93 | |
| R-Squared | 0.68 | |
| Significance | 0.0001 | |
| Slope | (1.23) | |
| Total Sum of Squares | 615.87 |
Clear Book Value Per Share History
Other Fundumenentals of Clear Channel Outdoor
Clear Channel Book Value Per Share component correlations
Click cells to compare fundamentals
About Clear Channel Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Clear Channel income statement, its balance sheet, and the statement of cash flows. Clear Channel investors use historical funamental indicators, such as Clear Channel's Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Clear Channel investors may use each financial statement separately, they are all related. The changes in Clear Channel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Clear Channel'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 Clear Channel Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Clear Channel. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (7.19) | (6.83) | |
| Tangible Book Value Per Share | (10.40) | (9.88) |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Clear Channel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Clear Channel's short interest history, or implied volatility extrapolated from Clear Channel options trading.
Pair Trading with Clear Channel
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 Clear Channel 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 Clear Channel will appreciate offsetting losses from the drop in the long position's value.Moving against Clear Stock
| 0.64 | WLYB | John Wiley Sons | PairCorr |
| 0.63 | CTV | Innovid Corp Financial Report 14th of May 2024 | PairCorr |
| 0.56 | TSQ | Townsquare Media Financial Report 8th of May 2024 | PairCorr |
| 0.55 | SE | Sea Financial Report 21st of May 2024 | PairCorr |
| 0.45 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Clear Channel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clear Channel 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 Clear Channel - 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 Clear Channel Outdoor to buy it.
The correlation of Clear Channel 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 Clear Channel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clear Channel Outdoor 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 Clear Channel 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.Check out the analysis of Clear Channel Correlation against competitors. Note that the Clear Channel Outdoor information on this page should be used as a complementary analysis to other Clear Channel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Clear Stock analysis
When running Clear Channel's price analysis, check to measure Clear Channel'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 Clear Channel is operating at the current time. Most of Clear Channel's value examination focuses on studying past and present price action to predict the probability of Clear Channel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clear Channel's price. Additionally, you may evaluate how the addition of Clear Channel to your portfolios can decrease your overall portfolio volatility.
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Is Clear Channel's industry 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 (0.33) | Revenue Per Share 4.416 | Quarterly Revenue Growth 0.124 | Return On Assets 0.0301 |
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.