Aggregated price index with volume information
- Book Publishers stocks down 2.0% on average while median return down 2.0% in a day
- Book Publishers stocks down 16.1% on average while median return down 15.5% in a week
- Book Publishers stocks down 14.4% on average while median return down 15.3% 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
- 1M losers are : Losers for past month are $EDUC -30.0%
- 1W winners are : Winners for past week are
- 1W losers are : Losers for past week are $EDUC -26.6%
Index correlation analysis
Correlation for the past month is 36.1%, for the past 3 months is 11.8%
In the past month for a 5 days rolling window, the highest corrrelation is 88.8%, the lowest correlation is -52.1%, the latest correlation is -9.8%
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 36.1% between EDUC and PSO
The lowest correlation is 36.1% between EDUC and PSO
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Tulsa, Oklahoma--(Newsfile Corp. - August 11, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC") (http://www.edcpub.com) today announced that the Company has executed a new Credit Agreement ("Loan Agreement") with BOKF, NA dba Bank of Oklahoma. The new Loan Agreement establishes (1) a fixed rate mortgage term loan in the principal amount of $15,000,000 (the "Fixed Rate Term Loan"), (2) a floating rate mortgage term loan in the principal amount of $21,000,000 (the "Floating Rate .
Publisher Pearson has said it expects demand for its courses and textbooks to insulate it against global economic headwinds as a digital turnround at the FTSE 100 group showed signs of bearing fruit. The education publishing group said on Monday that it expected its profit margin to grow from 9 per cent to a mid-teen target next year — two years ahead of schedule — after cost cuts and strong demand for its courses as Covid-related restrictions ease. Chief executive Andy Bird, a former Disney e...
By Scott Kanowsky
Tulsa, Oklahoma--(Newsfile Corp. - July 6, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the first quarter for fiscal year 2023.First Quarter Highlights Compared to the Prior Year First QuarterNet revenues of $23.2 million, a decrease of $17.6 million, or 43.1%, compared to $40.8 million.Average active UBAM sales consultants totaled 32,200 compared to 55,100.Earnings before income taxes were $0.3 m
LONDON and MONTREAL, June 13, 2022 (GLOBE NEWSWIRE) -- Pearson (LSE: PSON) and TC Media, part of Transcontinental Inc. (TSX: TCL.A TCL.B), announce the sale of ERPI (‘Éditions du renouveau pédagogique inc.’) by Pearson to TC Media. ERPI is a Québec educational publisher founded in Montréal in 1965 and acquired by Pearson in 1989. "We are proud to acquire ERPI, a long-standing educational publisher," said Patrick Lutzy, President of TC Media. "This acquisition fits perfectly with our growth strat
Educational Development (NASDAQ:EDUC) has had a rough three months with its share price down 42%. However, stock prices...
Tulsa, Oklahoma--(Newsfile Corp. - May 27, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC," or the "Company") (http://www.edcpub.com) today announces the date of the annual shareholders meeting and record date of shareholders.The Annual Meeting of Shareholders of Educational Development Corporation will be held on July 6, 2022 at 10:00 a.m. at the Corporate Offices, 5402 S. 122nd East Ave in Tulsa, Oklahoma. Shareholders of record at the close of business on June 2, 2022 ...
Tulsa, Oklahoma--(Newsfile Corp. - May 19, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC," or the "Company") (http://www.edcpub.com) today reports a new Distribution Agreement with Usborne Publishing Limited effective May 16, 2022.Under the terms of the new agreement, EDC's UBAM direct sales division will have continuous access to sell Usborne titles through its sales channels. UBAM will also continue to have non-exclusive rights to sell Usborne titles to individuals in the Sc
In this article, we discuss 10 stocks under $10 in Cathie Wood’s latest portfolio. If you want to read about some more stocks in the Wood portfolio, go directly to Cathie Wood’s Latest Portfolio: 5 Stocks Under $10. Growth investors like Cathie Wood of ARK Investment Management have not had a good start to the […]