Iheartmedia Class A Stock Price on October 1, 2024

IHRT Stock  USD 2.28  0.03  1.30%   
Below is the normalized historical share price chart for iHeartMedia Class A extending back to May 07, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IHeartMedia stands at 2.28, as last reported on the 28th of November, with the highest price reaching 2.35 and the lowest price hitting 2.19 during the day.
IPO Date
7th of May 2019
200 Day MA
1.7472
50 Day MA
1.993
Beta
1.701
 
Covid
If you're considering investing in IHeartMedia Stock, it is important to understand the factors that can impact its price. IHeartMedia appears to be very risky, given 3 months investment horizon. iHeartMedia Class holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. By examining IHeartMedia's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please utilize IHeartMedia's Market Risk Adjusted Performance of (6.03), downside deviation of 4.88, and Risk Adjusted Performance of 0.0985 to validate if our risk estimates are consistent with your expectations.
  
At this time, IHeartMedia's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 0.01 in 2024, whereas Total Stockholder Equity is likely to drop (413.9 M) in 2024. . At this time, IHeartMedia's Price To Operating Cash Flows Ratio is comparatively stable compared to the past year. Price Cash Flow Ratio is likely to gain to 1.96 in 2024, whereas Price To Sales Ratio is likely to drop 0.10 in 2024. IHeartMedia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.121

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Estimated Market Risk

 6.6
  actual daily
58
58% of assets are less volatile

Expected Return

 0.8
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average IHeartMedia is performing at about 9% of its full potential. 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 IHeartMedia by adding it to a well-diversified portfolio.
Price Book
4.3132
Enterprise Value Ebitda
8.9634
Price Sales
0.0855
Shares Float
142.9 M
Wall Street Target Price
3.5833

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IHeartMedia Valuation on October 1, 2024

It is possible to determine the worth of IHeartMedia on a given historical date. On October 1, 2024 IHeartMedia was worth 1.84 at the beginning of the trading date compared to the closed value of 1.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IHeartMedia stock. Still, in general, we apply an absolute valuation method to find IHeartMedia'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 IHeartMedia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IHeartMedia's related companies.
 Open High Low Close Volume
  1.70    1.97    1.68    1.85    1,029,298  
10/01/2024
  1.84    2.03    1.81    1.83    962,074  
  1.82    1.89    1.79    1.86    360,478  
Backtest IHeartMedia  |  IHeartMedia History  |  IHeartMedia Valuation   PreviousNext  
Open Value
1.84
1.83
Closing Value
21.63
Upside

IHeartMedia Trading Date Momentum on October 1, 2024

On October 02 2024 iHeartMedia Class A was traded for  1.86  at the closing time. The top price for the day was 1.89  and the lowest listed price was  1.79 . The trading volume for the day was 360.5 K. The trading history from October 2, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 1.64% . The trading date delta against the current closing price is 7.65% .

iHeartMedia Class Fundamentals Correlations and Trends

By evaluating IHeartMedia'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 IHeartMedia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IHeartMedia financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About IHeartMedia Stock history

IHeartMedia 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 IHeartMedia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iHeartMedia Class 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 IHeartMedia stock prices may prove useful in developing a viable investing in IHeartMedia
Last ReportedProjected for Next Year
Common Stock Shares Outstanding149.3 M90.6 M
Net Loss-304.4 M-289.1 M

IHeartMedia Quarterly Net Working Capital

683.33 Million

IHeartMedia Stock Technical Analysis

IHeartMedia 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.
A focus of IHeartMedia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IHeartMedia 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

IHeartMedia Period Price Range

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November 28, 2024
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iHeartMedia Class A cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

IHeartMedia November 28, 2024 Market Strength

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

IHeartMedia Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IHeartMedia's price direction in advance. Along with the technical and fundamental analysis of IHeartMedia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IHeartMedia 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.

Additional Tools for IHeartMedia Stock Analysis

When running IHeartMedia's price analysis, check to measure IHeartMedia'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 IHeartMedia is operating at the current time. Most of IHeartMedia's value examination focuses on studying past and present price action to predict the probability of IHeartMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IHeartMedia's price. Additionally, you may evaluate how the addition of IHeartMedia to your portfolios can decrease your overall portfolio volatility.