Aggregated price index
Aggregated price index with volume information
Summary:
- Black-Owned Company stocks up 0.5% on average while median return up 0.3% in a day
- Black-Owned Company stocks down 3.0% on average while median return down 1.3% in a week
- Black-Owned Company stocks down 34.6% on average while median return down 38.7% 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.
Click on + to show price series and click on ticker for stock detail page
* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.
* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.
* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.
- 1M winners are : Winners for past month are
- 1M losers are : Losers for past month are $CARV -50.8%, $UONE -55.5%
- 1W winners are : Winners for past week are $AMS 2.3%
- 1W losers are : Losers for past week are $CARV -6.1%, $BYFC -8.8%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 39.5%, for the past 3 months is 36.2%
In the past month for a 5 days rolling window, the highest corrrelation is 78.8%, the lowest correlation is 15.7%, the latest correlation is 30.8%
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 80.9% between CARV and UONE
The lowest correlation is 16.6% between RLJ and UONE
Stock news
BETHESDA, Md., June 28, 2022--RLJ Lodging Trust Sets Dates for Second Quarter 2022 Earnings Release and Conference Call
RLJ Lodging (RLJ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
BETHESDA, Md., June 15, 2022--RLJ Lodging Trust Announces Dividends for Second Quarter of 2022
Urban One, Inc. (NASDAQ: UONEK; UONE) today announced it had signed a definitive asset purchase agreement with Emmis Communications to purchase its Indianapolis Radio Cluster. Under the terms of the agreement, Urban One will acquire WYXB (B105.7FM), WLHK (97.1FM), WIBC (93.1FM), translators W228CX and W298BB (The Fan 93.5FM and 107.5FM), and Network Indiana.
LOS ANGELES, June 07, 2022--Broadway Financial Corporation ("Broadway", "we" or the "Company") (NASDAQ Capital Market: BYFC), announced that the Company completed a private placement of $150 million of Senior Non-Cumulative Perpetual Preferred Stock, Series C (the "Preferred Stock"), to the United States Department of the Treasury (the "U.S. Treasury") pursuant to the Emergency Capital Investment Program ("ECIP").
The state is making efforts to cut the Silver Spring company out of the project by moving it to Petersburg.
Virginia lawmakers are maneuvering to further stifle efforts to build a casino in Richmond. State lawmakers have included an amendment in a two-year budget agreement up for a vote Wednesday that bars the city from holding a second referendum on whether to allow a casino in Richmond until 2023. Voters in Virginia’s capital city last year narrowly voted down a casino measure — a shocking result for city leaders and Urban One Inc. (NASDAQ: UONE), the Black-owned Silver Spring media company that w...