MARKET COMPOSITE
Digital Healthcare Stocks14-00-2024 20:00:00 PM
Price
$70.83
+ 4.05%
The list of companies include BEAT-HeartBeam Inc, DRIO-DarioHealth Corp, IRTC-iRhythm Technologies Inc, AMWL-American Well Corporation, OPRX-OptimizeRx Corp, TDOC-Teladoc Health Inc, SENS-Senseonics Holdings Inc
* Latest intraday update before market close @ 19:45:30 PM 06/14/2024
Summary
:
Average return is up 3.0%
Median return is up 1.0%
4 out of 5 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
OPRX -1.8%TDOC + 0.5%IRTC + 1.0%DRIO + 4.1%BEAT + 11.3%

Aggregated price index with volume information

Summary:

  • Digital Healthcare stocks up 4.0% on average while median return up 1.6% in a day
  • Digital Healthcare stocks down 4.7% on average while median return down 5.0% in a week
  • Digital Healthcare stocks down 8.4% on average while median return down 16.5% 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 %)
BEAT12.7%
-5.0%
7.0%
1.676.21-19%60.6M10%99%47\/1070.4%
DRIO6.4%
-11.5%
-37.3%
-0.572.9737.5234.1M8%35%34/-\455-0.2%
IRTC1.6%
-1.4%
-6.2%
-22.276.146.892.9B10%110%49/\/-228-0.0%
TDOC0.5%
-6.0%
-21.9%
-7.0922.081.5217.671.7B12%80%23/\-\228-0.2%
AMWL0.4%
3.0%
-18.2%
-0.32-0.5813.21103.1M6%34%38\376-0.2%
SENS0.4%
-4.5%
-21.0%
-2.85-0.09190.89207.8M19%16%35-/\-456-0.2%
OPRX-1.1%
-1.1%
-16.5%
-10.5827.3719.16201M5%67%43/\-228-0.1%
* 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 $BEAT 7.0%
  • 1M losers are : Losers for past month are $TDOC -21.9%, $DRIO -37.3%
  • 1W winners are : Winners for past week are
  • 1W losers are : Losers for past week are $TDOC -6.0%, $DRIO -11.5%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 17.8%, for the past 3 months is 20.4%

In the past month for a 5 days rolling window, the highest corrrelation is 49.3%, the lowest correlation is -19.9%, the latest correlation is 35.3%

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 53.1% between IRTC and TDOC

The lowest correlation is -14.4% between BEAT and DRIO

Stock news

    Teladoc (TDOC) concluded the recent trading session at $10.66, signifying a +0.19% move from its prior day's close.

    The Motley Fool's name is an homage to the one character in Shakespearean literature -- the court jester -- who could speak the truth to the king and queen without having his head lopped off.

    Experienced Healthcare Leader to Head Global Virtual Care Company Charles “Chuck” Divita, III Teladoc Health Chief Executive Officer PURCHASE, NY, June 10, 2024 (GLOBE NEWSWIRE) -- Teladoc Health, Inc. (NYSE: TDOC), the global leader in whole-person virtual care, today announced that its Board of Directors has appointed Charles “Chuck” Divita, III, as Chief Executive Officer, effective immediately. Concurrent with his role as CEO, Mr. Divita has also joined Teladoc Health’s Board of Directors as

    Chuck Divita will take the reins as CEO immediately, about two months after the telehealth vendor’s longtime chief executive abruptly departed following flagging financial performance at the company.

    Sumi Shrishrimal, EVP, Chief Risk Officer of iRhythm Technologies Inc (NASDAQ:IRTC), sold 1,131 shares of the company on June 3, 2024.

    DarioHealth Corp. (Nasdaq: DRIO) ("Dario", "DarioHealth" or the "Company"), a leader in the global digital health market, announced today a strategic reorganization designed to streamline leadership and focus the organization on accelerating its commercialization efforts. This move reflects the Company's commitment to bringing its innovative solutions to the market faster, maximizing customer impact, and driving the organization to profitability.

    As the Q1 earnings season comes to a close, it’s time to take stock of this quarter's best and worst performers in the online marketplace industry, including Teladoc (NYSE:TDOC) and its peers.

    In the most recent trading session, Teladoc (TDOC) closed at $10.87, indicating a -1.9% shift from the previous trading day.

    SAN FRANCISCO, June 04, 2024 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ:IRTC), a leading digital health care company focused on creating trusted solutions that detect, predict, and prevent disease, announced today that the company will be participating in the upcoming Truist Securities MedTech Conference. iRhythm’s management is scheduled to participate in a fireside chat on Tuesday, June 18, at 9:20 a.m. Eastern Time. Interested parties may access a live and archived webcast of the

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