Aggregated price index
Aggregated price index with volume information
Summary:
- Newspaper Publishers stocks down 1.2% on average while median return down 0.7% in a day
- Newspaper Publishers stocks up 1.7% on average while median return up 2.1% in a week
- Newspaper Publishers stocks up 7.7% on average while median return up -0.4% 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 $SCHL 15.7%, $GCI 9.1%
- 1M losers are : Losers for past month are $DJCO -1.1%, $NYT -4.1%
- 1W winners are : Winners for past week are $GCI 5.0%, $LEE 2.7%
- 1W losers are : Losers for past week are $DJCO -2.9%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 2.4%, for the past 3 months is 4.3%
In the past month for a 5 days rolling window, the highest corrrelation is 24.3%, the lowest correlation is -15.5%, the latest correlation is 5.7%
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 36.2% between GCI and LEE
The lowest correlation is -42.5% between MDP and SCHL
Stock news
(Bloomberg) -- Apollo Global Management Inc.’s flagship credit hedge fund posted a double-digit gain last year largely on the back of Hertz Global Holdings Inc., according to people with knowledge of the matter.Most Read from BloombergCannabis Compounds Prevented Covid Infection in Laboratory StudyFrequent Boosters Spur Warning on Immune ResponseSupreme Court Blocks Biden’s Shot-or-Test Rule for WorkersSay Goodbye to Self-Isolating, WFH Mandates, Mass TestingDjokovic’s Australian Visa Canceled A
Investors are also digesting a slew of quarterly earnings reports from banks, as JPMorgan Chase & Co. (JPM) and Citigroup Inc. (C) recorded income declines, while Wells Fargo & Company (WFC) said that profit jumped. The Dow Jones Industrial Average (DJIA) and the S&P 500 are poised to finish the week lower, while the Nasdaq may end up higher for the week. Later this morning, the University of Michigan will release its Consumer Sentiment Index for January.
Investment company Parnassus Fund (Current Portfolio) buys Teradyne Inc, Five9 Inc, MercadoLibre Inc, Coupa Software Inc, Veeva Systems Inc, sells Western Digital Corp, StoneCo, Teleflex Inc, Cable One Inc, New York Times Co during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Parnassus Fund.
Investment company McElhenny Sheffield Capital Management, LLC (Current Portfolio) buys PowerShares QQQ Trust Ser 1, Technology Select Sector SPDR ETF, Health Care Select Sector SPDR, iShares Core S&P Total U.S.
The nation’s largest newspaper chain is discontinuing Saturday print editions starting March 5 at more than half of its newspapers nationwide.
CEO Richard Robinson’s death gave the reins to an executive, his former romantic partner, who must now address problems plaguing the publisher’s innovation efforts while facing some skepticism over her track record; success with ‘Clifford the Big Red Dog.’
NEW YORK, January 12, 2022--The New York Times Company (NYSE: NYT) today announced that it will issue its fourth-quarter and full-year 2021 financial results on Wednesday, February 2, at approximately 7:00 a.m. E.T. by posting the results on the Company’s investor relations website at investors.nytco.com. At that time, the Company will issue an advisory release over a newswire service to announce that the results have been posted and are available on the Company’s website at investors.nytco.com.
Scholastic is proud to announce the publication of I Am Ruby Bridges, a beautiful and momentous new picture book written by Civil Rights icon Ruby Bridges and illustrated by #1 New York Times bestselling artist Nikkolas Smith. On sale September 6, 2022, this must-have poetic reflection marks the first time that Bridges shares her powerful and trailblazing story from the perspective of her six-year-old self – providing a personal and intimate look through a child's lens at an experience that chan