Aggregated price index
Aggregated price index with volume information
Summary:
- FAANG+ stocks up 1.4% on average while median return up 1.3% in a day
- FAANG+ stocks down 5.4% on average while median return down 5.8% in a week
- FAANG+ stocks down 6.1% on average while median return down 5.7% 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
- 1M losers are : Losers for past month are $AAPL -6.6%, $NFLX -6.7%, $AMZN -10.0%
- 1W winners are : Winners for past week are
- 1W losers are : Losers for past week are $AMZN -5.9%, $GOOGL -7.8%, $GOOG -8.0%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 72.3%, for the past 3 months is 38.6%
In the past month for a 5 days rolling window, the highest corrrelation is 86.6%, the lowest correlation is 21.8%, the latest correlation is 80.4%
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 99.9% between GOOG and GOOGL
The lowest correlation is 33.0% between AMZN and FB
Stock news
A booming corner of Wall Street is back adding high-yield, or 'junk bonds,' to funds that specialize in risky corporate debt, according to BofA Global. Rules in the sector were loosened two years ago.
Yahoo Finance Editor-in-Chief Andy Serwer explains how the ebbs and flows of the stock and the Grateful Dead coincide and the similarities between the band members and some of America's top executives.
US stocks turned higher during a choppy session Friday, as equities struggled for direction after their worst start to the year in decades.
Now that Q2 has come to end, the focus on Wall Street will turn to the second quarter results. In Apple’s (AAPL) case, the past 3 months have been defined by the Covid lockdowns in China which will adversely affect revenue by between $4 billion and $8 billion. However, recent checks made by Wedbush analyst Daniel Ives regarding the Asia iPhone supply chain indicate that over the past few weeks the situation has been “steady with slight improvements.” “As of now we believe iPhone demand is holdin
The Competition Appeal Tribunal has published a judgment dismissing Apple’s attempts to throw out the claim.
Meta (META) could be bracing for a "tornado-like quarter," says Wedbush Managing Director Dan Ives.
There are signs of slowing demand for both smartphones and personal computers, especially—but not exclusively—in China.
Michael Burry, the investor who gained fame thanks to the film The Big Short, is betting against the largest company in the world, Apple (NASDAQ: AAPL). Scion Asset Management's latest 13-F (the disclosure document that funds must file with the Securities and Exchange Commission each quarter), reveals that as of the end of the first quarter, nearly 18% of the value of its portfolio was in Apple put options, which become more profitable as the stock price falls. This weakness could prove a drag...
As Netflix (NASDAQ: NFLX) prepares to launch its ad-supported tier, rumors have swirled that an acquisition could be in the company's future to make the transition easier. One company that analysts have repeatedly mentioned as an option is the hardware and streaming service Roku (NASDAQ: ROKU). At the Cannes Lions advertising festival on June 23, Netflix Co-CEO Ted Sarandos confirmed that the company would launch an ad-supported tier soon.
Bob and Chris explain how they're approaching Friday's market action. Chris breaks down the semiconductor sector and the downgrade of Applied Materials and the trimming of Apple . Bob looks at the charts of AAPL and AMAT.