Aggregated price index with volume information
- Major Telecommunications stocks up 0.2% on average while median return up 0.5% in a day
- Major Telecommunications stocks up 1.9% on average while median return up 2.2% in a week
- Major Telecommunications stocks up 7.7% on average while median return up 4.0% 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.
- 1M winners are : Winners for past month are $TEO 51.4%, $VIV 11.3%, $T 8.4%, $TLK 7.9%, $VZ 6.7%
- 1M losers are : Losers for past month are $AWRE -2.7%, $ATNI -6.8%, $SHEN -12.5%
- 1W winners are : Winners for past week are $T 6.4%, $TEO 6.4%, $TU 5.0%, $CNSL 3.8%, $ATNI 3.6%
- 1W losers are : Losers for past week are $KT -0.5%, $AWRE -0.9%, $ORAN -2.8%, $SHEN -4.6%
Index correlation analysis
Correlation for the past month is 15.9%, for the past 3 months is 24.3%
In the past month for a 5 days rolling window, the highest corrrelation is 53.0%, the lowest correlation is -1.0%, the latest correlation is -1.0%
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 92.4% between BCE and TU
The lowest correlation is -35.2% between ORAN and VZ
Verizon Communications (NYSE: VZ) stock has appeared to become a buy. Hence, while Verizon is probably a buy, one should prepare for a reduction and possible elimination of the dividend. Aside from T-Mobile, which recently introduced a payout, telecom stocks like Verizon and AT&T have historically paid dividends.
Potential ATN International, Inc. ( NASDAQ:ATNI ) shareholders may wish to note that the Independent Director, Pamela...
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
The far-right leader is on a mission to prevent “the worst crisis" in the country's history.
ANCHORAGE, Alaska, November 20, 2023--The Alaska Communications board of directors has named Matthew (Matt) McConnell president and chief executive officer. McConnell is an accomplished CEO, COO, entrepreneur, community leader, board chairman, independent director and Fortune 50 executive with more than three decades of experience driving profitable growth in technology companies. He brings a unique combination of entrepreneurial and corporate experience to Alaska Communications.
Rogers Communication (RCI) announces that it has activated 5G service for its customers at every Toronto Transit Commission subway station.
Argentina's U.S.-listed companies are enjoying a moment in the sun. Shares in at least four Argentinian companies jumped Monday after [the election victory Sunday](https://www.wsj.com/world/americas/argentina-votes-for-new-president-to-confront-economic-crisis-99b73b86?mod=hp_lead_pos3) by Javier Milei, a self-described anarcho-capitalist.
Key Insights Significantly high institutional ownership implies TELUS' stock price is sensitive to their trading...
CEO Michael Prior to Transition to Executive Chairman;COO Brad Martin to be Appointed Chief Executive Officer and Member of the Board;Justin Benincasa to Retire; Carlos Doglioli to be Named CFO BEVERLY, Mass., Nov. 15, 2023 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), today announced that Chief Operating Officer Brad Martin will succeed Michael Prior as President and Chief Executive Officer of ATN effective January 1, 2024, and join the board of directors.
Does Telefonica Brasil (VIV) have what it takes to be a top stock pick for momentum investors? Let's find out.