Cumulus Media Class Stock Technical Analysis

CMLS Stock  USD 2.75  0.12  4.18%   
As of the 18th of April 2024, Cumulus Media shows the Mean Deviation of 3.6, risk adjusted performance of (0.09), and Standard Deviation of 4.83. Cumulus Media Class technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for Cumulus Media Class, which can be compared to its peers. Please confirm Cumulus Media Class standard deviation and value at risk to decide if Cumulus Media Class is priced correctly, providing market reflects its regular price of 2.75 per share. Please also double-check Cumulus Media Class jensen alpha, which is currently at (0.91) to validate the company can sustain itself at a future point.

Cumulus Media Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cumulus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Cumulus
  
Cumulus Media's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Cumulus Media Analyst Consensus

Target PriceAdvice# of Analysts
8.67Hold3Odds
Cumulus Media Class current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cumulus analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cumulus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cumulus Media Class, talking to its executives and customers, or listening to Cumulus conference calls.
Cumulus Analyst Advice Details
Cumulus Media 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 Cumulus Media technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cumulus 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...

Cumulus Media Class Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Cumulus Media Class volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cumulus Media Class Trend Analysis

Use this graph to draw trend lines for Cumulus Media Class. You can use it to identify possible trend reversals for Cumulus Media as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Cumulus Media price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Cumulus Media Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cumulus Media Class applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Cumulus Media Class market price will keep on failing further. It has 122 observation points and a regression sum of squares at 36.42, which is the sum of squared deviations for the predicted Cumulus Media price change compared to its average price change.

About Cumulus Media Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Cumulus Media Class on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Cumulus Media Class based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cumulus Media Class price pattern first instead of the macroeconomic environment surrounding Cumulus Media Class. By analyzing Cumulus Media's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Cumulus Media's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Cumulus Media specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.01460.0139
Price To Sales Ratio0.110.1

Cumulus Media April 18, 2024 Technical Indicators

Most technical analysis of Cumulus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cumulus from various momentum indicators to cycle indicators. When you analyze Cumulus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Cumulus Media Class is a strong investment it is important to analyze Cumulus Media's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cumulus Media's future performance. For an informed investment choice regarding Cumulus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cumulus Media Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary 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.
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Is Cumulus Media'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 Cumulus Media. If investors know Cumulus 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 Cumulus Media 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
(0.64)
Earnings Share
(6.83)
Revenue Per Share
48.905
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0097
The market value of Cumulus Media Class is measured differently than its book value, which is the value of Cumulus that is recorded on the company's balance sheet. Investors also form their own opinion of Cumulus Media's value that differs from its market value or its book value, called intrinsic value, which is Cumulus Media'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 Cumulus Media's market value can be influenced by many factors that don't directly affect Cumulus Media'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 Cumulus Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cumulus Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cumulus Media'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.