Aggregated price index
Aggregated price index with volume information
Summary:
- Fintech stocks down 1.2% on average while median return down 1.1% in a day
- Fintech stocks up 0.2% on average while median return up 0.2% in a week
- Fintech stocks up 1.8% on average while median return up 0.3% 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.
* 20 days Price Zscore = (Today price - 20 days SMA price) / 20 days volatility. 50 days Price Zscore = (Today price - 50 days SMA price) / 50 days volatility.
* 12-26 Days Percentage Price Oscillator = (12 days EMA price - 26 days EMA price) / 26 days EMA price * 100
Related ETFs (click on ticker for stock detail page)
- 1M winners are : Winners for past month are $LC 33.7%, $GS 13.2%, $LEND 12.3%, $ARKF 7.4%, $PYPL 1.7%
- 1M losers are : Losers for past month are $FISV -3.4%, $FIS -5.2%, $GPN -6.4%, $GDOT -9.8%, $SQ -10.3%
- 1W winners are : Winners for past week are $ARKF 6.5%, $LC 6.1%, $LEND 4.4%, $PYPL 3.3%, $FINX 3.1%
- 1W losers are : Losers for past week are $ENV -3.0%, $GDOT -3.2%, $GPN -3.3%, $SQ -4.9%, $GS -6.0%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 26.3%, for the past 3 months is 32.0%
In the past month for a 5 days rolling window, the highest corrrelation is 48.1%, the lowest correlation is 2.2%, the latest correlation is 24.7%
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 88.7% between IPAY and TPAY
The lowest correlation is -49.0% between GS and INTU
Stock news
Top digital payments stock PayPal is one of the leading growth stocks in the current stock market. But is it a buy right now?
The news comes roughly a month after the ATM operator agreed to be acquired by Apollo for $2.3 billion.
ON24, which allows people to create webinars and host virtual events on its platform, said on Monday it would sell about 8.6 million shares priced between $45 and $50 apiece, looking to raise up to $430 million at the upper end of the range. ON24's IPO comes as U.S. capital markets gear up for another banner year for stock market launches. The company, which lists SAP SE, IBM, Microsoft Corp and General Electric Co as customers on its website, expects to post net income in the range of $17.8 m...
Goldman Sachs Group Inc-backed webinar marketing platform ON24 Inc is aiming for a valuation of about $2.22 billion in its initial public offering (IPO), as it looks to cash in on continued investor appetite for tech listings. ON24, which allows people to create webinars and host virtual events on its platform, said on Monday it would sell about 8.6 million shares priced between $45 and $50 apiece, looking to raise up to $430 million at the upper end of the range. ON24's IPO comes as U.S. capi...
Is (GS) Outperforming Other Finance Stocks This Year?
Investing.com -- AMC Entertainment Holdings Inc (NYSE:AMC) shares jumped 30% on Monday after the company said it raised $917 million in cash since December, enough to stave of a bankruptcy for now.
If you think the time is right to buy fintech company or payment stocks, these investment tools will help as digital technology and new entrants change the competitive landscape.
Since last year, entrepreneur Dustin Krieger has faced bans by an expanding list of big tech companies: four blocked PayPal accounts, half a dozen Twitter deactivations, de-listed merchandise by Shopify and most recently Amazon's removal of his widely reviewed book promoting the QAnon conspiracy theory. "We'll maintain our own presence everywhere we are allowed," Krieger, president of a Wyoming-registered company, told Reuters. Technology firms including Amazon.com Inc, eBay Inc, and PayPal Ho...
Companies are moving trillions of dollars around the globe, so how much bigger could the payments space get?
Since last year, entrepreneur Dustin Krieger has faced bans by an expanding list of big tech companies: four blocked PayPal accounts, half a dozen Twitter deactivations, de-listed merchandise by Shopify and most recently Amazon's removal of his widely reviewed book promoting the QAnon conspiracy theory. "We'll maintain our own presence everywhere we are allowed," Krieger, president of a Wyoming-registered company, told Reuters. Technology firms including Amazon.com Inc, eBay Inc , and PayPal H...