Aggregated price index
Aggregated price index with volume information
Summary:
- Data Processing Services stocks down 0.9% on average while median return down 1.5% in a day
- Data Processing Services stocks up 0.3% on average while median return up 0.8% in a week
- Data Processing Services stocks down 10.9% on average while median return down 9.4% 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 $DWSN 42.8%, $YEXT 26.1%, $KC 21.9%, $PMTS 18.0%, $MSCI 4.3%
- 1M losers are : Losers for past month are $ISDR -20.9%, $FIS -23.6%, $MOXC -31.0%, $RXT -39.6%, $FLNT -45.3%
- 1W winners are : Winners for past week are $DWSN 30.9%, $KC 12.2%, $INOD 8.6%, $GDS 7.9%, $OPRX 7.3%
- 1W losers are : Losers for past week are $YEXT -5.5%, $TRHC -7.1%, $RCAT -10.7%, $RXT -22.7%, $FLNT -27.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 24.7%, for the past 3 months is 22.9%
In the past month for a 5 days rolling window, the highest corrrelation is 39.0%, the lowest correlation is 10.3%, the latest correlation is 28.0%
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 92.5% between ADP and PAYX
The lowest correlation is -48.4% between EXLS and KERN
Stock news
Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that Mental Health America (MHA) will receive a $1 million grant from the Paychex Charitable Foundation to support the organization's work raising awareness about the importance of prioritizing mental health care. The grant, which allocates $250,000 annually over the next four years, focuses on improving access to mental healt
WEST PALM BEACH, Fla., March 22, 2023 (GLOBE NEWSWIRE) -- Electriq Power (Electriq), a provider of intelligent energy storage and management for homes and small businesses, today has announced the nominees for the anticipated public company board of directors that is expected to go into effect at the close of Electriq’s De-SPAC transaction with TLG Acquisition One Corp, (NYSE: TLGA), a publicly traded special purpose acquisition company. Upon closing of the transaction, shares of Electriq Power
Paychex (PAYX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Issuer Direct Corporation (NYSE American:ISDR), ("Issuer Direct" or the "Company"), a leading communications company, announced today that it has completed a $20 million long-term debt financing with Pinnacle Bank ("Pinnacle"). Proceeds from the transaction as well as current cash on hand will be used to repay the $22 million short-term 1-year note that was entered into on November 1, 2022, in connection with the purchase of iNewswire.com LLC ("Newswire").
Chindata Group, ("Chindata" or the "Company") (Nasdaq: CD), an industry leader in carrier-neutral hyperscale data center solutions, released its unaudited financial report on March 15, 2023, for Q4 and the full fiscal year ending December 31, 2022. To supplement the Company's consolidated financial results presented in accordance with U.S. GAAP, Chindata utilized adjusted EBITDA, adjusted EBITDA margin, adjusted net income and adjusted net income margin as non-GAAP financial measures.
In the latest trading session, ExlService Holdings (EXLS) closed at $155.53, marking a -0.04% move from the previous day.
CGEMY vs. PAYX: Which Stock Is the Better Value Option?
SAN ANTONIO, March 21, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end cloud technology solutions company, today announced that it has achieved the Amazon Web Service (AWS) Service Delivery designation for Amazon Elastic Kubernetes Service (Amazon EKS), recognizing that Rackspace Technology follows best practices and has proven success delivering AWS services to end customers. Achieving the AWS Service Delivery designation differentiates Rackspace Technology as
Issuer Direct, an industry-leading communications company that focuses on the needs of Public Relations and Investor Relations Professionals, is set to attend the fifth annual NIRI Southeast Conference.
PLANO, Texas, March 21, 2023--Tyler Technologies announced that Nevada State Parks is modernizing with new cloud-based reservation software from Tyler.