Aggregated price index
Aggregated price index with volume information
Summary:
- Digital Healthcare stocks down 0.5% on average while median return down 0.7% in a day
- Digital Healthcare stocks up 1.2% on average while median return up -4.5% in a week
- Digital Healthcare stocks down 2.3% on average while median return down 10.6% 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 $IRTC 47.8%, $SENS 3.3%
- 1M losers are : Losers for past month are $TDOC -14.4%, $AMWL -23.9%, $DRIO -26.9%
- 1W winners are : Winners for past week are $IRTC 38.4%, $SENS 5.2%
- 1W losers are : Losers for past week are $OPRX -6.8%, $BEAT -8.5%, $DRIO -9.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 38.1%, for the past 3 months is 29.4%
In the past month for a 5 days rolling window, the highest corrrelation is 72.5%, the lowest correlation is 21.7%, the latest correlation is 42.1%
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 86.4% between AMWL and TDOC
The lowest correlation is -6.8% between AMWL and BEAT
Stock news
Cathie Wood's ARK Invest ETFs are some of the hottest ETFs after 2020's huge gains. Seven ARK Invest stocks to buy and watch include Coinbase and Tesla.
Cathie Wood's ARK Invest ETFs are some of the hottest ETFs after 2020's huge gains. Seven ARK Invest stocks to buy and watch include Coinbase and Tesla.
The consumer healthcare market is a multi-trillion dollar industry worldwide that could double by 2028, according to Verified Market Research, which means there are opportunities to be had for patient investors. The company recently reported third-quarter 2021 results that showcased a 31% year-over-year increase in monthly active users and a 68% increase in subscription plans.
One of the nation's leading providers of mental health services for college students has announced that it is partnering with another leader in the space to offer evidence-based, mental health therapy and wellbeing solutions to students.
These ARK Innovation ETF holdings are trading at bargain valuations, but their longer-term outlooks are promising.
Investment company Harbour Capital Advisors, LLC (Current Portfolio) buys Diamondback Energy Inc, Realty Income Corp, Axalta Coating Systems, Centene Corp, Unity Software Inc, sells Global Payments Inc, Neurocrine Biosciences Inc, Teladoc Health Inc, Altice USA Inc, Zendesk Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Harbour Capital Advisors, LLC.
Here's another cold, hard truth that many proponents of penny stocks don't tell you: Many low-priced shares stay low for a very long time.
Shares of Teladoc Health (NYSE: TDOC) were tumbling today after an analyst cut his price target for the company's stock yesterday. Piper Sandler analyst Sean Wieland lowered his price target for Teladoc's stock from $183 to $118 yesterday. The analyst maintained his overweight rating for the stock but said that some of Teladoc's product integrations "are much less mature than we appreciated."