Aggregated price index with volume information
Summary:
- Educational Services stocks up 0.2% on average while median return up -0.4% in a day
- Educational Services stocks up 2.0% on average while median return up 0.4% in a week
- Educational Services stocks down 1.6% on average while median return down -0.6% 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.
- 1M winners are : Winners for past month are $TAL 27.2%, $BEDU 26.4%, $COE 14.0%, $VSTA 12.8%, $VTRU 8.4%
- 1M losers are : Losers for past month are $CHGG -11.5%, $AMST -13.4%, $EDTK -20.5%, $RGS -36.1%, $STG -45.0%
- 1W winners are : Winners for past week are $TAL 26.0%, $STG 12.6%, $DAO 10.1%, $VTRU 9.8%, $EDU 5.9%
- 1W losers are : Losers for past week are $CAE -1.5%, $LINC -1.9%, $APEI -2.5%, $EDTK -3.3%, $RGS -8.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 10.8%, for the past 3 months is 7.5%
In the past month for a 5 days rolling window, the highest corrrelation is 17.8%, the lowest correlation is 2.5%, the latest correlation is 3.7%
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 79.2% between ATGE and LRN
The lowest correlation is -49.0% between ATGE and WAFU
Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. Select Medical (SEM), EnerSys (ENS), Marathon Oil (MRO) and Adtalem Global (ATGE) boast a low P/CF ratio.
Afya (AFYA) closed the most recent trading day at $16.05, moving +1.9% from the previous trading session.
According to the average brokerage recommendation (ABR), one should invest in Afya (AFYA). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
MINNEAPOLIS, September 28, 2023--Capella University has announced Dr. Constance St. Germain, EdD, JD, as its next president.
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Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), a global premier education service company, today announced its unaudited financial results for the third fiscal quarter of fiscal 2023 ended May 31, 2023.
New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced that it will report its financial results for the first quarter ended August 31, 2023, before the U.S. market opens on October 25, 2023. New Oriental's management will host an earnings conference call at 8 AM on October 25, 2023, U.S. Eastern Time (8 PM on October 25, 2023, Beijing/Hong Kong Time). Participants can join th
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An in-depth analysis of the intrinsic value of New Oriental Education & Technology Group (EDU)