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Internet Retail Stocks$278.46
0.82%4:00PM 11/25/2020
Latest intraday update before market close @ 19:45:00 PM 11/25/2020
Summary :
Average return is up 1.2%
Median return is up 1.1%
12 out of 17 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • The momentum of the sector is very strong.
  • Internet Retail stocks up 0.8% on average while median return up 0.3% in a day
  • Internet Retail stocks up 8.9% on average while median return up 6.8% in a week
  • Internet Retail stocks up 14.3% on average while median return up 8.9% 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 is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes

Index Constituencies
  • 1M winners are : Winners for past month are $LE 67.5%, $QRTEA 58.1%, $QRTEB 57.5%, $PDD 56.4%, $VIPS 34.2%
  • 1M losers are : Losers for past month are $W -7.7%, $BABA -9.5%, $GRUB -9.7%, $DLTH -11.9%, $YGYIP -26.0%
  • 1W winners are : Winners for past week are $TC 36.1%, $QRTEB 30.2%, $QRTEA 29.6%, $LE 20.5%, $PRTS 20.1%
  • 1W losers are : Losers for past week are $LIVE -0.6%, $GRUB -1.0%, $IMBI -1.5%, $YGYIP -23.7%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 17.1%, for the past 3 months is 16.0%

In the past month for a 5 days rolling window, the highest corrrelation is 31.6%, the lowest correlation is -1.3%, the latest correlation is 10.3%

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 97.6% between QRTEA and QRTEB

The lowest correlation is -56.4% between LIVE and PDD

Stock news

    11/25/2020AMZN
    Amazon Cloud Outage Hits Customers Including Roku, Adobe

    (Bloomberg) -- Amazon.com Inc.’s cloud-computing division suffered an outage on Wednesday that affected several customers, including Roku Inc. and Adobe Inc.Amazon Web Services’s status page noted that its Kinesis data streaming service was “currently impaired” in the company’s U.S. East 1 region. The outages were also making it harder to post updates to a closely watched status page, the company said.The failure affected the ability of customers to use roughly two dozen services, hitting stream...

    11/25/2020AMZN
    Amazon’s AWS Was Hit by Outages. What You Need to Know.

    A technical problem with Amazon Web Services has made the internet—and software that AWS powers—unreliable in parts of the U.S.

    11/25/2020AMZN
    Amazon Web Services Outage Disrupts Internet

    Amazon Web Services' status page said that its Kinesis data streaming service was "currently impaired" in the company's U.S. East 1 region.

    11/25/2020AMZN
    Amazon Web Services outage takes a portion of the internet down with it

    Amazon Web Services is currently having an outage, taking a chunk of the internet down with it. Several AWS services were experiencing problems as of early Wednesday, according to its status page. Amazon says the issue is largely localized to North America.

    11/22/2020SHOP
    3 Tech Stocks That Look Like Bargains Today

    Danny Vena (MercadoLibre): Hindsight is 20/20, or so the saying goes. Latin America is far behind the U.S. in e-commerce adoption, with digital sales representing just 4.2% of total retail to close out 2019. It isn't a stretch to say that e-commerce will become a much larger percentage of business in Latin America in the decade to come.

    11/21/2020SHOP
    Shopify Sees ‘Paradigm Shift’ as Black Friday Approaches

    (Bloomberg) -- Shopify Inc. expects a banner holiday season as the worsening pandemic encourages more consumers to shop online and buy from the small businesses that sell through its platform.While the pace of growth will likely slow once the pandemic ends, this year’s gains will likely hold up, President Harley Finkelstein said in an interview. The company reported a 109% increase in gross merchandise volume, a key metric for online retailer companies, in the third quarter.“This is not going to...

    11/21/2020CHWY
    GameStop, Atea Pharmaceuticals See Activist Action

    Gaming retailer GameStop received a letter from a large investor. Bain Capital Life disclosed a large stake in newly public biopharmaceutical firm Atea Pharmaceuticals.

    11/20/2020QRTEA
    Why Qurate Retail Stock Spiked Today

    Shares of Qurate Retail (NASDAQ: QRTEA) were climbing Friday after the parent of QVC, HSN, and Zulily declared a special dividend and authorized a new share buyback program. Qurate announced Friday morning that the board of directors had authorized a $1.50 special dividend, payable on Dec. 7 to Series A and Series B shareholders of record at the close of Nov. 30. In addition, the company said it would commence a share buyback program with a repurchase authorization of $497 million.

    11/20/2020QRTEA
    Price Over Earnings Overview: Qurate Retail

    In the current session, Qurate Retail Inc. (NASDAQ: QRTEA) is trading at $9.62, after a 9.00% increase. Over the past month, the stock increased by 28.95%, and in the past year, by 0.94%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the hi...

    11/20/2020QRTEA
    Qurate Retail Declares Special Cash Dividend of $1.50 per Common Share and Announces Commencement of Share Buyback Program

    Qurate Retail Declares Special Cash Dividend of $1.50 per Common Share and Announces Commencement of Share Buyback Program