Aggregated price index with volume information
Summary:
- Arts, Entertainment, and Recreation stocks down 0.8% on average while median return down 1.0% in a day
- Arts, Entertainment, and Recreation stocks up 1.6% on average while median return up 1.3% in a week
- Arts, Entertainment, and Recreation stocks down 2.4% on average while median return down 5.1% 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 $MANU 16.1%, $BH 7.5%, $CHDN 7.0%, $MSGS 3.3%, $GIGM 2.3%
- 1M losers are : Losers for past month are $LVS -10.4%, $CZR -10.9%, $MLCO -11.0%, $HOFV -12.8%, $DKNG -15.6%
- 1W winners are : Winners for past week are $CHDN 8.3%, $MANU 7.9%, $PENN 6.5%, $MSGS 4.6%, $FLL 3.8%
- 1W losers are : Losers for past week are $GDEN -0.6%, $LVS -0.7%, $DKNG -1.3%, $FUN -1.5%, $HOFV -2.2%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 26.6%, for the past 3 months is 22.0%
In the past month for a 5 days rolling window, the highest corrrelation is 40.9%, the lowest correlation is 6.1%, the latest correlation is 17.5%
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 86.6% between BYD and MGM
The lowest correlation is -55.9% between DKNG and HOFV
Planet Fitness (PLNT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Planet Fitness (PLNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Planet Fitness is growing revenue and posting consistent earnings.
Planet Fitness on Tuesday named Colleen Keating as its new CEO, replacing interim chief executive Craig Benson. She previously served as CEO of FirstKey Homes.
Planet Fitness stock was falling Tuesday after the gym company announced that Colleen Keating will be the new CEO. Planet Fitness said in a news release Tuesday that Keating will take over as CEO effective June 10. Current interim CEO Craig Benson will resign from the position, but will continue to serve as a member of the company’s board.
The fitness center franchiser and operator said Keating succeeds Craig Benson, who was serving as chief executive on an interim basis.
Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that it has appointed Colleen Keating as the Company's Chief Executive Officer, effective June 10, 2024. At that time, Craig Benson will resign as Interim CEO but will continue to serve as a member of the Company's Board of Directors.