Aggregated price index
Aggregated price index with volume information
Summary:
- Newspaper Publishers stocks down 1.9% on average while median return down 2.0% in a day
- Newspaper Publishers stocks down 2.2% on average while median return down 0.1% in a week
- Newspaper Publishers stocks down 16.0% on average while median return down 11.0% 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.
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 $GCI -20.8%, $LEE -28.4%
- 1W winners are : Winners for past week are $NYT 3.3%, $SCHL 1.2%
- 1W losers are : Losers for past week are $GCI -5.3%, $LEE -9.8%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 30.3%, for the past 3 months is 24.2%
In the past month for a 5 days rolling window, the highest corrrelation is 51.3%, the lowest correlation is -11.1%, the latest correlation is 51.3%
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 60.7% between NYT and SCHL
The lowest correlation is -8.4% between LEE and NYT
Stock news
New York Times Co's (NYSE: NYT) labor tensions intensify as it expresses concerns about the union's negotiation tactics and Times staffers taking to Slack to vent frustrations with management. Times publisher A.G. Sulzberger sent a note to the union's bargaining group members for the first time, expressing his concern about the lengthy negotiations. Mr. Sulzberger claimed the committee refuses to negotiate in person in small groups, a chance "to lock eyes, shake hands and hash out a deal," accor
The publisher called the lack of progress in negotiations troubling, as staffers aired frustrations in Slack.
MCLEAN, Va., March 17, 2023--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced the 2023 Women of the Year honorees who have broken barriers, including the stratosphere, to make significant change in their communities and around the world. Each unique trailblazer exemplifies courage and resilience having made a lasting impact on their communities. USA TODAY’s yearlong efforts focus on defying stereotypes and sparking conversations that challenge misconceptions.
Scholastic Corporation (NASDAQ: SCHL) today announced the following schedule and conference call information for its third quarter fiscal year 2023 earnings announcement:
In this article, we will be taking a look at the 20 biggest publishing companies in the world. To skip our detailed analysis, you can go directly to the 5 Biggest Publishing Companies in the World. The production and distribution of information, such as books, music, software, and travel guides, is done by the publishing […]
New York Times (NYT) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
In this article, we will be taking a look at the 20 biggest publishing companies in the world. To skip our detailed analysis, you can go directly to the 5 Biggest Publishing Companies in the World. The production and distribution of information, such as books, music, software, and travel guides, is done by the publishing […]
DAVENPORT, Iowa, March 10, 2023 (GLOBE NEWSWIRE) -- On March 3, 2023, Lee Enterprises, Incorporated (NASDAQ: LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 77 markets, received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), indicating the Company is in compliance with listing standards. This letter closes the listing standard delinquency matter opened by N
New York Times (NYT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Cooperman surprisingly hopped on Gannett's fourth-quarter earnings call to ask management some questions.