Aggregated price index
Aggregated price index with volume information
Summary:
- Education Tech stocks up 0.9% on average while median return up -1.1% in a day
- Education Tech stocks up 4.1% on average while median return up -0.2% in a week
- Education Tech stocks down 6.3% on average while median return down 1.1% 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 $DAO 17.6%, $EDTK 3.1%
- 1M losers are : Losers for past month are $PSO -8.4%, $AMST -37.1%
- 1W winners are : Winners for past week are $EDTK 19.9%, $DAO 8.5%
- 1W losers are : Losers for past week are $CHGG -4.0%, $AMST -4.4%
Correlation Analysis
Index correlation analysis
Correlation for the past month is -5.5%, for the past 3 months is 7.3%
In the past month for a 5 days rolling window, the highest corrrelation is 33.4%, the lowest correlation is -20.0%, the latest correlation is 2.8%
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 23.8% between DAO and EDTK
The lowest correlation is -42.9% between CHGG and PSO
Stock news
Enables Customers and Amesite to Scale Revenue in K-12 MarketsDETROIT, March 15, 2023 (GLOBE NEWSWIRE) -- Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, announces today that its white-label platform is delivering COPPA and FERPA compliant learning programs for its partners around the nation. Compliance requirements are designed to protect children’s safety and personal data online, provi
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DETROIT, March 13, 2023 (GLOBE NEWSWIRE) -- Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform that delivers 99% learner retention for business and education markets, confirms that it does not hold any cash or maintain any accounts at Silicon Valley Bank (SVB), and has no current or prior business relationship with SVB. About Amesite Inc. Amesite delivers its scalable, customizable, white-labeled online learning platform to un
In this article, we will be taking a look at the 20 biggest publishing companies in the world. To skip our detailed analysis, you can go directly to the 5 Biggest Publishing Companies in the World. The production and distribution of information, such as books, music, software, and travel guides, is done by the publishing […]
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WUXI, China, March 08, 2023 (GLOBE NEWSWIRE) -- Skillful Craftsman Education Technology Limited (“the Company” or “Skillful Craftsman”) (NASDAQ: EDTK), an education technology company providing interactive online learning services, today announced that it has entered into a non-binding term sheet for a proposed private placement of the Company’s convertible note with a principal amount up to US$10 million. The note under the proposed financing is designed to be an unsecured general obligation of
Investors need to pay close attention to Chegg (CHGG) stock based on the movements in the options market lately.