GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Clear Channel Outdoor Holdings Inc (NYSE:CCO) » Definitions » 6-1 Month Momentum %

Clear Channel Outdoor Holdings (Clear Channel Outdoor Holdings) 6-1 Month Momentum % : 38.60% (As of Apr. 25, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Clear Channel Outdoor Holdings 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-25), Clear Channel Outdoor Holdings's 6-1 Month Momentum % is 38.60%.

The industry rank for Clear Channel Outdoor Holdings's 6-1 Month Momentum % or its related term are showing as below:

CCO's 6-1 Month Momentum % is ranked better than
84.46% of 1062 companies
in the Media - Diversified industry
Industry Median: 3.86 vs CCO: 38.60

Competitive Comparison of Clear Channel Outdoor Holdings's 6-1 Month Momentum %

For the Advertising Agencies subindustry, Clear Channel Outdoor Holdings's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.


Clear Channel Outdoor Holdings's 6-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Clear Channel Outdoor Holdings's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Clear Channel Outdoor Holdings's 6-1 Month Momentum % falls into.



Clear Channel Outdoor Holdings  (NYSE:CCO) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* 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.


Clear Channel Outdoor Holdings  (NYSE:CCO) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Clear Channel Outdoor Holdings 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Clear Channel Outdoor Holdings's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Clear Channel Outdoor Holdings (Clear Channel Outdoor Holdings) Business Description

Traded in Other Exchanges
Address
4830 North Loop 1604 West, Suite 111, San Antonio, TX, USA, 78249
Clear Channel Outdoor Holdings Inc is one of the world's largest outdoor advertising companies. The company is engaged in providing advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays for its clients. Its reportable segment includes America; Airports; Europe-North and Europe-South. The company generates maximum revenue from the America segment. The America segment serves markets throughout the U.S., with over 90% of its revenue generated from billboard displays.
Executives
Ares Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii A (de) Holdings I, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Holdings I, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Justin Cochrane officer: CEO, UK & Europe 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Ares Voting Llc 10 percent owner C/O ARES MGMT, 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Assf Operating Manager Iv, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Acof Investment Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdco Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Gp Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Partners Holdco Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Holdings L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FL, LOS ANGELES CA 90067
Ares Management Corp 10 percent owner 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Investment Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Asof Holdings I, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT LLC, LOS ANGELES CA 90067
Assf Iv Aiv B Holdings Iii, L.p. 10 percent owner 2000 AVE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067

Clear Channel Outdoor Holdings (Clear Channel Outdoor Holdings) Headlines

From GuruFocus