Aggregated price index with volume information
- Advertising/Marketing Services stocks down 0.2% on average while median return down 0.1% in a day
- Advertising/Marketing Services stocks up 0.7% on average while median return up 2.1% in a week
- Advertising/Marketing Services stocks down 6.2% on average while median return down 9.1% in a month
- When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.
Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.
- 1M winners are : Winners for past month are $FCUV 8.4%, $CCO 7.5%, $HHS 3.8%, $ADV 1.1%
- 1M losers are : Losers for past month are $RAMP -11.4%, $IPG -12.9%, $VRM -17.6%, $IBEX -21.7%, $ICLK -22.0%
- 1W winners are : Winners for past week are $CCO 5.3%, $HHS 5.3%, $FCUV 4.9%, $IBEX 3.3%, $VRM 2.8%
- 1W losers are : Losers for past week are $IPG -0.7%, $WPP -1.4%, $RAMP -2.7%, $ICLK -14.5%
Index correlation analysis
Correlation for the past month is 12.1%, for the past 3 months is 9.8%
In the past month for a 5 days rolling window, the highest corrrelation is 23.9%, the lowest correlation is 4.2%, the latest correlation is 15.1%
When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.
Among pairwise correlation, the highest correlation is 68.6% between IPG and OMC
The lowest correlation is -66.3% between CCO and FCUV
(Bloomberg) -- Clear Channel Outdoor Holdings Inc. will pay $26 million to settle Securities and Exchange Commission allegations that the advertising company bribed Chinese government officials to help get display ads on bus shelters and other outdoor spots. Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally UAW Aims For At Least 30% Wage Bump to Woo New MembersBiden Impeachment Hearing Heavy on Politics, Light on SubstanceTop Chinese Scientist Claims India Moo
The deal with the SEC resolves an investigation into lavish gifts a Chinese subsidiary allegedly gave to local officials.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced that it has reached a settlement with the U.S. Securities and Exchange Commission (the "SEC") to resolve a previously-disclosed SEC investigation involving the U.S. Foreign Corrupt Practices Act relating to its former indirect, non-wholly-owned Chinese subsidiary, Clear Media Limited ("Clear Media").
The U.S. Securities and Exchange Commission said on Thursday that advertising company Clear Channel Outdoor Holdings agreed to pay more than $26 million to resolve charges it bribed Chinese government officials to obtain outdoor ad contracts in violation of U.S. law. The SEC complaint alleged the company violated the U.S. Foreign Corrupt Practices Act through the actions of its agent, Clear Media Limited, which at the time was a Clear Channel majority-owned subsidiary in China. The SEC said fr...
WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission said on Thursday that advertising company Clear Channel Outdoor Holdings agreed to pay more than $26 million to resolve charges it bribed Chinese government officials to obtain outdoor ad contracts in violation of U.S. law. The SEC complaint alleged that the company violated the U.S. Foreign Corrupt Practices Act through the actions of its agent, Clear Media Limited, which at the time was a Clear Channel majority-owned subsidiary...
Interpublic's (IPG) increasingly diverse workforce gives the company a key competitive edge.
Grey London has appointed Conrad Persons as its new President. Conrad will report to Grey Global CEO, Laura Maness.
Advantage Solutions Inc. (ADV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Advantage Solutions Inc. (ADV) and APi (APG) have performed compared to their sector so far this year.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.