MARKET COMPOSITE
Esports Stocks20-00-2024 21:00:00 PM
Price
$104.49
-1.45%
The list of companies include SLGG-Super League Gaming Inc, TTWO-Take-Two Interactive Software, Inc., GMBL-Esports Entertainment Group Inc, EGLX-Enthusiast Gaming Holdings Inc.
* Latest intraday update before market close @ 20:45:42 PM 02/20/2024
Summary
:
Average return is down -1.6%
Median return is down -1.2%
0 out of 3 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
HERO -2.7%SE -1.2%TTWO -1.0%

Aggregated price index with volume information

Summary:

  • Esports stocks down 1.5% on average while median return down 0.9% in a day
  • Esports stocks up 0.2% on average while median return up -0.3% in a week
  • Esports stocks up 7.4% on average while median return up 6.4% 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%
SE-0.7%
2.6%
22.8%
24.1643.5327.3125.3B74%65/-213-0.2%
TTWO-0.9%
-2.1%
-6.8%
-17.732.745.615.9078%25.9B2%92%35/-\/At support2130.2%
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.

Related ETFs (click on ticker for stock detail page)

Detail Performance Summary
  • 1M winners are : Winners for past month are $SE 22.8%
  • 1M losers are : Losers for past month are $TTWO -6.8%
  • 1W winners are : Winners for past week are $SE 2.6%
  • 1W losers are : Losers for past week are $TTWO -2.1%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 14.5%, for the past 3 months is 4.2%

In the past month for a 5 days rolling window, the highest corrrelation is 67.7%, the lowest correlation is -21.8%, the latest correlation is 17.2%

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 63.4% between HERO and SE

The lowest correlation is -17.9% between NERD and TTWO

Stock news

    SINGAPORE, February 20, 2024--Sea Limited (NYSE: SE) ("Sea" or the "Company") plans to announce its fourth quarter and full year 2023 results before the U.S. market opens on March 4, 2024, U.S. Eastern Time.

    In this article, we will look at the 25 most valuable entertainment companies in the world. If you want to skip our analysis of the global media and entertainment industry, you can go directly to the 5 Most Valuable Entertainment Companies in the World. The Global Entertainment and Media Market According to a report by […]

    In this piece, we will take a look at the 20 fastest growing e-commerce companies in 2024. If you want to skip our overview of the global e-commerce industry and the latest developments, then you can skip ahead and take a look at 5 Fastest Growing E-Commerce Companies in 2024. From the late 1990s and […]

    E-commerce and gaming company Sea Limited has survived its post-pandemic correction and primed for its next run.

    Nearly 6,000 gaming industry workers have already been laid off in 2024, according to PC Gamer reporting, while 2023 saw well over 10,000 job cuts across video game studios. Are industry employers correcting themselves after seeing surging interest in gaming dating back to the pandemic? LightShed Partners Media and Technology Analyst Brandon Ross joins Yahoo Finance to comment on the headwinds contributing to these lay offs seen across the gaming sector. "A big one was actually mobile games wher...

    Sea Limited Sponsored ADR (SE) closed the most recent trading day at $43.54, moving +0.07% from the previous trading session.

    New Switch console and ‘Grand Theft Auto VI’ are on the horizon, but big game publishers Electronic Arts and Take-Two are expected to see only modest growth this year.

    The e-commerce sector has been a rollercoaster over the past few years, thanks to the ripples created by the pandemic. Many former high-flying stocks now sit at depressed levels after the temporary Covid-19 boom ended and more normal growth resumed. This cooldown may have made it seem like the potential of this sector had been overhyped. However, I think the cooldown was simply an adjustment to more sustainable long-term trends, not a sign that e-commerce is fading. My conviction on stocks like

    Certain Wall Street analysts see substantial upside for Snowflake and Sea Limited shareholders.

    This tech stock's beleaguered gaming segment may finally return to positive growth.