Aggregated price index with volume information
Summary:
- Esports stocks down 0.2% on average while median return down 0.1% in a day
- Esports stocks up 4.4% on average while median return up 3.5% in a week
- Esports stocks up 5.6% on average while median return up 2.1% 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.
Related ETFs (click on ticker for stock detail page)
- 1M winners are : Winners for past month are $SE 16.4%, $NERD 2.7%
- 1M losers are : Losers for past month are $TTWO -3.5%
- 1W winners are : Winners for past week are $HERO 6.1%, $TTWO 3.9%
- 1W losers are : Losers for past week are
Correlation Analysis
Index correlation analysis
Correlation for the past month is 51.2%, for the past 3 months is 30.6%
In the past month for a 5 days rolling window, the highest corrrelation is 79.1%, the lowest correlation is -38.2%, the latest correlation is 59.3%
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 57.6% between HERO and SE
The lowest correlation is 40.4% between SE and TTWO
The latest trading day saw Sea Limited Sponsored ADR (SE) settling at $66.13, representing a -0.8% change from its previous close.
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SINGAPORE, April 30, 2024--Sea Limited (NYSE: SE) ("Sea" or the "Company") plans to announce its first quarter 2024 results before the U.S. market opens on May 14, 2024, U.S. Eastern Time.
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In the closing of the recent trading day, Sea Limited Sponsored ADR (SE) stood at $62.86, denoting a +0.05% change from the preceding trading day.
Sea Limited Sponsored ADR (SE) closed the most recent trading day at $62.83, moving -0.7% from the previous trading session.
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