Aggregated price index
Aggregated price index with volume information
Summary:
- Major Telecommunications stocks down 0.7% on average while median return down 0.7% in a day
- Major Telecommunications stocks down 4.1% on average while median return down 4.1% in a week
- Major Telecommunications stocks down 12.9% on average while median return down 11.3% 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.
* 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 $BCE -13.0%, $AWRE -14.0%, $ATNI -17.7%, $SHEN -23.6%, $CNSL -27.5%
- 1W winners are : Winners for past week are $TBC 1.9%, $TLK 0.5%, $TBB 0.3%
- 1W losers are : Losers for past week are $TU -4.9%, $AWRE -5.3%, $VIV -6.0%, $BCE -7.3%, $CNSL -16.0%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 46.0%, for the past 3 months is 30.8%
In the past month for a 5 days rolling window, the highest corrrelation is 79.9%, the lowest correlation is -2.6%, the latest correlation is 54.2%
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 92.9% between BCE and TU
The lowest correlation is -28.7% between AWRE and TLK
Stock news
In this article, we discuss 10 best telecom stocks to buy right now. If you want to read about some more telecom stocks to buy right now, go directly to 5 Best Telecom Stocks to Buy Right Now. Although cable broadband providers continue to control over 66% of the market share in the telecommunications business, […]
In this article, we discuss 10 best cheap dividend stocks to buy now. You can skip our detailed analysis of the best dividend stocks and their returns over the years, and go directly to read 5 Best Cheap Dividend Stocks to Buy Now. Inflation and continuous interest rate hikes have brought dividend investing to the […]
Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that they have reached agreements with municipal officials to deploy next generation fiber-to-the-home (FTTH) broadband services to Hanover County and the town of Ashland in Virginia.
PARIS, September 28, 2022--Veolia Water Technologies has signed an agreement with Orange Business Services to support the growth of Hubgrade, its smart digital platform, and develop innovative digital services for its customers worldwide.
In this article, we will take a look at the 10 Best Canadian Dividend Stocks. To skip our analysis of the Canadian economy, recent market trends, and dividend stocks, you can go directly to see the 5 Best Canadian Dividend Stocks. Dividend stocks are the shares of publicly listed companies that regularly distribute a portion […]
Leading European telecom operators Deutsche Telekom, Orange, Telefónica and Vodafone, together with the deep tech company MATSUKO, have conducted a pilot to make holographic calls as easy and simple as making a straightforward phone call by interconnecting their deployments so that their customers can join a common holographic communication session. The companies are also developing a platform that combine the real and virtual worlds through a mobile connection, using a smartphone camera to gene
(Bloomberg) -- When binge-watching TV became a universal pastime at the height of the pandemic, one of Europe’s top officials called the Chief Executive Officer and co-founder of Netflix Inc. and told him to make his product worse. Most Read from BloombergGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesEverything-Selloff on Wall Street Deepens on 98% Recession OddsPutin’s Mobilization Hits Russia’s Economy in Its Weak SpotsDrinking Several Cups of Coffee a Day May Be Linked to Longer
September 8th, is commemorated as World Literacy Day. As proclaimed by UNESCO in 1966, World Literacy Day aims to remember the importance of literacy for individuals, communities, and societies and the need for intensive efforts for society to be literate. Now, along with the rapid development of technology accompanied by changes in people's lifestyles, literacy is viewed not just as it was originally proclaimed, but increasingly as literacy in using and utilizing digital technology.