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Live Nation Entertainment (LTS:0JVD) 6-Month Price Index : 1.11 (As of Jun. 05, 2024)


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What is Live Nation Entertainment 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-05), Live Nation Entertainment's 6-Month Price Index is 1.11.

Competitive Comparison of Live Nation Entertainment's 6-Month Price Index

For the Entertainment subindustry, Live Nation Entertainment's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Live Nation Entertainment  (LTS:0JVD) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Live Nation Entertainment  (LTS:0JVD) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Live Nation Entertainment 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Live Nation Entertainment's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Live Nation Entertainment (LTS:0JVD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Live Nation Entertainment Inc (LTS:0JVD) » Definitions » 6-Month Price Index
Comparable Companies
WBD FWONA WMG NWSA FOXA SIRI TKO PARA ROKU EDR NFLX DIS XAMS:UMG XPAR:BOL XPAR:VIV XTER:EVD XKRX:352820 MEGACPO TSE:9602 NXST
Traded in Other Exchanges
LYV:USA LYV:Mexico 3LN:Germany L1YV34:Brazil
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Website
https://www.livenationentertainment.com
Live Nation is the largest live entertainment firm in the world with over 670 million fans served in 48 countries in 2022 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 338 venues including the House of Blues. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 550 million tickets for over 12,000 clients in 2022. Its artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 31% of Live Nation, held under its Sirius XM tracking stock. Liberty plans to spin off its stake into a dedicated tracking stock.

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