MARKET COMPOSITE
Digital Entertainment Stocks20-30-2024 21:30:00 PM
Price
$86.41
-0.86%
The list of companies include SLGG-Super League Gaming Inc, GMBL-Esports Entertainment Group Inc, FUBO-fuboTV Inc, GIGM-Gigamedia
* Latest intraday update before market close @ 20:45:24 PM 02/20/2024
Summary
:
Average return is down -0.8%
Median return is down -0.7%
3 out of 8 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
FUBO -3.4%SOHU -2.3%BILI -1.6%SE -1.2%NTES -0.3%

Aggregated price index with volume information

Summary:

  • Digital Entertainment stocks down 0.9% on average while median return down 1.0% in a day
  • Digital Entertainment stocks down 0.8% on average while median return down 0.2% in a week
  • Digital Entertainment stocks up 1.8% on average while median return up -1.3% 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.

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 %)
GMBL18.1%
-21.8%
-7.9%
3.6930.60231.3M10%12%38\116-1.8%
GRVY2.1%
1.9%
-1.2%
0.000.00154%469.3M11%53-\/\100-0.0%
NCTY1.6%
-0.9%
35.3%
428.2329M7%53
IQ0.0%
2.9%
-1.9%
13.77-15.161.280.383.1B81%47/\/\213-0.1%
NTES-0.1%
-0.4%
17.4%
18.8892.120.840.9725%69.4B39%61/\-/2130.1%
SE-0.7%
2.6%
22.8%
24.1643.5327.3125.3B74%65/-213-0.2%
XNET-1.3%
-1.3%
-2.6%
1.101.7297.6M15%44/\129-0.1%
BILI-1.5%
0.0%
8.4%
-6.14-38.021.753.303.3B50%51/\-213-0.1%
SOHU-2.0%
-2.9%
-1.3%
-0.121.870.92314.8M46%44/\213-0.2%
FUBO-3.4%
-6.1%
-23.1%
12.45585.6M18%31%36/\/3390.3%
DOYU-8.3%
-2.7%
-8.9%
-18.970.28234.2M31%43/\-213-0.1%
* 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.
Detail Performance Summary
  • 1M winners are : Winners for past month are $SE 22.8%, $NTES 17.4%, $BILI 8.4%
  • 1M losers are : Losers for past month are $SOHU -1.3%, $IQ -1.9%, $XNET -2.6%, $FUBO -23.1%
  • 1W winners are : Winners for past week are $IQ 2.9%, $SE 2.6%, $GRVY 1.9%
  • 1W losers are : Losers for past week are $NTES -0.4%, $XNET -1.3%, $SOHU -2.9%, $FUBO -6.1%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 27.0%, for the past 3 months is 13.2%

In the past month for a 5 days rolling window, the highest corrrelation is 68.3%, the lowest correlation is 3.4%, the latest correlation is 55.2%

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 79.6% between BILI and IQ

The lowest correlation is -19.5% between GRVY and XNET

Stock news

    The streaming platform is suing the companies on antitrust grounds, saying their sports streaming venture suppresses competition.

    NEW YORK, February 20, 2024--FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, filed an antitrust lawsuit against The Walt Disney Company, FOX Corp., Warner Bros. Discovery, Inc. and their affiliates today, alleging that the vertically-integrated media companies have engaged in a years-long campaign to block Fubo’s innovative sports-first streaming business resulting in significant harm to both Fubo and consumers. The complaint alleges that the forthcom

    The launch of the joint venture "will destroy competition and inflate prices for consumers," Fubo said in its statement. Warner Bros Discovery, Fox as well as ESPN, which is part of Disney's sports division, declined to comment when contacted by Reuters.

    Sports-focused streaming service FuboTV has filed an antitrust lawsuit against Walt Disney, Fox and Warner Bros Discovery over a planned sports streaming platform by the companies, Fubo said on Tuesday. The launch of the joint venture "will destroy competition and inflate prices for consumers," Fubo said in its statement.

    The lawsuit claims the companies behind the planned platform have forced Fubo “to broadcast unwanted, expensive content.”

    In this article, we will take a look at the 25 most valuable tech companies outside the US. If you want to skip our detailed analysis of the global tech industry, you can go directly to 5 Most Valuable Tech Companies Outside The US. The Global Tech Market The United States is one of the […]

    Seoul, Feb. 14, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited financial results for the fourth quarter ended December 31, 2023, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and business updates. PRELIMINARY UNAUDITED FOURTH QUARTER 2023 FINANCIAL RESULTS Tentative conso

    Many U.S.-listed Hong stocks have suffered substantial losses over the previous years as Chinese equities have continuously declined. The trend was exacerbated by last year’s ordered liquidation of heavily indebted property developer Evergrande (OTCMKTS:EGRNY). It deteriorated even further to see outflows from Chinese and Hong Kong stocks reaching their highest since 2014 in January. It marked the sixth consecutive month of net capital leaving the country. However, U.S.-listed Hong Kong stocks r

    The video gaming business continues to be the fastest growing segment of the entertainment industry. Grand View Research forecasts that the global video game market will grow at a compound annual growth rate (CAGR) of 13.4% between now and 2030. Eventually, it will reach $583.69 billion in revenue for consoles, hardware, and games combined. Video games are increasingly diverse and played across a range of platforms, including consoles, desktop computers, and smartphones. Made for mobile devices,

    NEW YORK, February 08, 2024--FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that it will issue financial results for the fourth quarter and full year 2023 before the market opens on March 1, 2024.