Aggregated price index
Aggregated price index with volume information
- Broadcasting stocks down 1.9% on average while median return down 1.5% in a day
- Broadcasting stocks down 1.5% on average while median return down 0.7% in a week
- Broadcasting stocks down 17.4% on average while median return down 17.1% 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.
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 $TSQ 20.8%, $UONE 7.7%, $UONEK 4.0%
- 1M losers are : Losers for past month are $SBGI -28.2%, $GTN -32.4%, $CMLS -36.5%, $SSP -36.6%, $IHRT -42.4%
- 1W winners are : Winners for past week are $TSQ 5.6%, $FOXA 2.5%, $FOX 2.5%, $TGNA 2.0%, $UONE 1.8%
- 1W losers are : Losers for past week are $GTN -5.2%, $SSP -6.0%, $CMLS -6.1%, $BBGI -6.5%, $IHRT -11.5%
Index correlation analysis
Correlation for the past month is 18.0%, for the past 3 months is 21.0%
In the past month for a 5 days rolling window, the highest corrrelation is 41.3%, the lowest correlation is 1.4%, the latest correlation is 29.9%
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 99.3% between FOX and FOXA
The lowest correlation is -58.9% between EVC and MDIA
NEW YORK, March 22, 2023 (GLOBE NEWSWIRE) -- Cumulus Media’s Westwood One (NASDAQ: CMLS), the largest audio network in the U.S. and the official network radio partner of the NCAA, will broadcast live coverage of the Men’s Sweet Sixteen on Thursday, March 23 and Friday, March 24 beginning at 6 p.m. ET each night. Westwood One will also broadcast live coverage of the Men’s Elite Eight on Saturday, March 25 and Sunday, March 26 as well as the NCAA Men’s Final Four® on Saturday, April 1 and the nati
Broadcasts Include Women’s Sweet Sixteen® through the National ChampionshipNEW YORK, March 22, 2023 (GLOBE NEWSWIRE) -- Cumulus Media’s Westwood One (NASDAQ: CMLS), the largest audio network in the U.S. and the official network audio broadcast partner of the NCAA, will present exclusive live coverage of the NCAA Division I Women's Basketball Championship beginning on Friday, March 24 and Saturday, March 25 with the Sweet Sixteen®. Coverage will continue on Sunday and Monday with the Elite Eight®
Lawyers for Fox News and a voting machine company tangled Wednesday over the high bar to prove defamation in a $1.6 billion lawsuit that has embarrassed the conservative network over its airing of false claims related to the 2020 presidential election. Denver-based Dominion Voting Systems claims that Fox program hosts, with the knowledge of executives for both Fox News and parent company Fox Corp., repeatedly allowed allies of former President Donald Trump to falsely claim that the machines and...
IRVING, Texas, March 22, 2023--Salem Media Group, Inc. (NASDAQ: SALM) announced today the launch of the podcast show Senior Fitness with Meredith on Salem-owned SeniorResource.com. Host Meredith Chen is an AFAA-certified personal and group fitness trainer with over 15 years of experience. Each week, Senior Fitness with Meredith examines a wide range of topics including physical and mental wellness, nutrition, positivity, and the motivation seniors and families need for leading healthy and active
Lawyers for Fox Corp and Dominion Voting Systems clashed in court on Wednesday over whether top Fox executives including Chairman Rupert Murdoch should be considered liable in the voting-technology company's $1.6 billion defamation lawsuit over 2020 U.S. election vote-rigging claims aired by Fox News. Delaware Superior Court Judge Eric Davis wrapped up a two-day hearing without ruling on requests by both sides that he decide elements of the case in their favor without moving to a full trial. D...
WILMINGTON, Delaware (Reuters) -Lawyers for Fox Corp and Dominion Voting Systems clashed in court on Wednesday over whether top Fox executives including Chairman Rupert Murdoch should be considered liable in the voting-technology company's $1.6 billion defamation lawsuit over 2020 U.S. election vote-rigging claims aired by Fox News. Delaware Superior Court Judge Eric Davis wrapped up a two-day hearing without ruling on requests by both sides that he decide elements of the case in their favor wi...
A Delaware judge wrapped up a two-day hearing in the $1.6 billion defamation lawsuit by Dominion Voting Systems against Fox Corp over vote-rigging claims aired by Fox News, but did not immediately rule on requests by both sides that he decide the case in their favor without moving to a full trial. Both sides made presentations during a hearing in Wilmington before Delaware Superior Court Judge Eric Davis, with Wednesday's session lasting three roughly hours. It is one of the most closely watch...
As much as we'd enjoy a stock market that never declined, stocks can and do move in both directions. Last year, all three major U.S. stock indexes tumbled into respective bear markets and produced their worst returns since the financial crisis. Despite 39 official stock market corrections in the benchmark S&P 500 since the beginning of 1950, all but the current decline eventually gave way to a bull market rally that took the broader market to new highs.
NEW YORK, March 21, 2023--OutKick, the fastest growing national multimedia platform founded by Clay Travis, finished as the fastest growing year-over-year in the top 50 sports sites in unique viewers in February 2023, according Comscore. The platform continues to post substantial increases in unique viewers with a 326% year-over-year growth versus February 2022.
Lawyers for Dominion Voting Systems on Tuesday told the Delaware judge in its $1.6 billion defamation lawsuit against Fox Corp that Fox News knew allegations of vote-rigging in the 2020 U.S. election were false but continued airing the claims in pursuit of ratings. Dominion's attorneys made the argument as both sides sought during a pretrial hearing to convince Delaware Superior Court Judge Eric Davis that he should rule in their favor without the need for the case to go to trial as scheduled o...