MARKET COMPOSITE
Communications Stocks14-03-2024 20:03:00 PM
Price
$105.81
-0.94%
The list of companies include ATEX-Anterix Inc, ATNI-ATN International Inc, AWRE-Aware Inc., BCE-BCE Inc, CCOI-Cogent Communications Holdings Inc, CNSL-Consolidated Communications Holdings Inc, GOGO-Gogo Inc, GSAT-Globalstar Inc., HGBL-Heritage Global Inc, IDT-IDT Corp., IRDM-Iridium Communications Inc, KLR-Kaleyra Inc, LBRDA-Liberty Broadband Corp, LBRDK-Liberty Broadband Corp, LOOP-Loop Industries Inc, LUMN-Lumen Technologies Inc, MARK-Remark Holdings Inc, OBLG-Oblong Inc, OOMA-Ooma Inc, PCTI-PCTEL Inc, RCI-Rogers Communications Inc., SHEN-Shenandoah Telecommunications Co., SPOK-Spok Holdings Inc, T-AT&T, Inc., TDS-Telephone And Data Systems, Inc., TIGO-Millicom International Cellular S.A., TMUS-T-Mobile US Inc, TU-Telus Corp., USM-United States Cellular Corporation, VZ-Verizon Communications Inc
* Latest intraday update before market close @ 19:45:46 PM 06/14/2024
Summary
:
Average return is down -1.0%
Median return is down -0.5%
10 out of 41 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
LUMN -5.0%GOGO -4.2%HGBL -4.1%TDS -3.2%BCE -3.2%IRDM -3.1%SHEN -2.4%TIGO -2.4%ORAN -2.3%TLK -2.0%WOW -1.6%

Aggregated price index with volume information

Summary:

  • Communications stocks down 0.9% on average while median return down 0.7% in a day
  • Communications stocks down 3.5% on average while median return down 3.2% in a week
  • Communications stocks down 4.7% on average while median return down 5.8% 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.

Related Stocks
Ticker
1d
7d
30d
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
USM1.8%
-4.8%
19.6%
790.470.700.77-16%2.8B3%29%59-\-/At resistance2280.4%
VIV1.8%
-1.5%
-6.6%
-1.470.220.36-18%13.8B8%39\/\/Below support1790.0%
TIMB1.7%
-2.6%
-10.9%
0.3560%7.2B5%34\/\/Below support1850.1%
TKC1.5%
0.4%
19.1%
0.9327%6.6B3%61\/Above resistance4560.2%
CCOI0.8%
-5.3%
-11.1%
2.080.596.60104%2.6B3%88%32\/\/Below support2280.0%
AMX0.7%
-1.9%
-14.9%
11.941.40.220.0552.4B11%32/\/\/Below support1360.1%
TEO0.7%
4.2%
-20.8%
-0.080.010.01140%938.3M13%41-/Below support2080.2%
CHT0.5%
1.7%
1.6%
0.080.156%30.7B3%56/\/2280.0%
TMUS0.5%
-2.1%
8.2%
23.951.722.722.34-2%206.2B2%42%61/-/At resistance2280.1%
S0.3%
7.5%
-17.3%
-18.285.3B41\/2970.2%
SPOK-0.1%
-3.0%
-6.5%
17.441.001.35290.4M5%78%37\/-Below support1660.0%
TU-0.1%
-4.6%
-4.3%
40.824.652.061.92-5%23.4B59%36-/-\228-0.1%
VOD-0.1%
-2.9%
-9.3%
1.880.901.1423.6B9%38\/\228-0.1%
CNSL-0.2%
-0.7%
0.7%
-1.685.052.160.54515.2M6%79%51/\/2280.2%
T-0.2%
-2.5%
1.8%
9.437.041.241.1864%125.8B1%53%51\-\/2280.0%
TEF-0.2%
-6.7%
-3.1%
-19.622.100.60118%25B1%38\/\/2260.0%
VZ-0.3%
-3.1%
-2.0%
14.83.833.241.7826%167B1%67%43-\/2280.1%
RCI-0.4%
-3.4%
-5.2%
2.722.581.883%15.9B71%36\/\456-0.0%
KT-0.5%
-2.4%
-3.2%
0.000.0045%6.8B27%45-/-\/2280.1%
ATNI-0.7%
-9.1%
-18.6%
-16.888.811.121.54323.2M3%66%36\-\At support228-0.1%
* 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.

Related ETFs (click on ticker for stock detail page)

Detail Performance Summary
  • 1M winners are : Winners for past month are $USM 19.6%, $TKC 19.1%, $OOMA 14.5%, $TMUS 8.2%, $WOW 5.7%
  • 1M losers are : Losers for past month are $AMX -14.9%, $ORAN -15.0%, $S -17.3%, $ATNI -18.6%, $TEO -20.8%
  • 1W winners are : Winners for past week are $S 7.5%, $TEO 4.2%, $IGLD 1.9%, $CHT 1.7%, $TKC 0.4%
  • 1W losers are : Losers for past week are $ATNI -9.1%, $ORAN -9.2%, $CTV -9.6%, $SHEN -10.8%, $LUMN -11.0%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 13.2%, for the past 3 months is 13.9%

In the past month for a 5 days rolling window, the highest corrrelation is 20.2%, the lowest correlation is 0.4%, the latest correlation is 3.1%

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 97.5% between LBRDA and LBRDK

The lowest correlation is -60.9% between RCI and S

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