MARKET COMPOSITE
Online Lending Platform Stocks12-00-2024 20:00:00 PM
Price
$109.64
+ 2.17%
The list of companies include ELVT-Elevate Credit Inc, ENVA-Enova International Inc., FPAY-FlexShopper Inc, LC-LendingClub Corp
* Latest intraday update before market close @ 19:44:04 PM 07/12/2024
Summary
:
Average return is up 1.9%
Median return is up 1.7%
3 out of 3 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
ENVA + 1.1%FPAY + 1.7%LC + 2.8%

Aggregated price index with volume information

Summary:

  • The momentum of the sector is very strong.
  • Online Lending Platform stocks up 2.2% on average while median return up 2.6% in a day
  • Online Lending Platform stocks up 7.6% on average while median return up 7.7% in a week
  • Online Lending Platform stocks up 11.1% on average while median return up 14.1% 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.

Related Stocks
Ticker
1d
7d
30d
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
LC3.1%
13.7%
17.7%
28.051.472.484.491.1B5%85%71\/\-2330.1%
FPAY2.6%
1.7%
1.7%
0.54-98%25.8M0%26%51/-\130-0.1%
ENVA0.8%
7.7%
14.1%
11.861.221.731291%1.8B5%89%70/-/2330.1%
* 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.
Detail Performance Summary
  • 1M winners are : Winners for past month are $LC 17.7%
  • 1M losers are : Losers for past month are
  • 1W winners are : Winners for past week are $LC 13.7%
  • 1W losers are : Losers for past week are
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 25.4%, for the past 3 months is 19.9%

In the past month for a 5 days rolling window, the highest corrrelation is 72.6%, the lowest correlation is -21.7%, the latest correlation is 53.0%

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 75.9% between ENVA and LC

The lowest correlation is 5.5% between ELVT and FPAY

Stock news

    Enova International (NYSE: ENVA), a leading financial services company powered by machine learning and world-class analytics, today announced the company's second quarter 2024 financial results will be released after the market close on Tuesday, July 23, 2024.

    Many people scour through penny stocks to “find the next Google,” and while doing that is exceedingly difficult—or even impossible—I still think it makes sense to keep an eye out for many up-and-coming companies that could deliver multibagger returns if the stars align for them. Who knows? Maybe these companies could even join the top 100 list! Setting aside a small portion of your portfolio for these moonshot picks makes sense. If they keep gaining market share and their tailwinds get better, I

    LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank ("LendingClub"), America's leading digital marketplace bank, today announced that it has surpassed $3 billion in loans sold through its Structured LendingClub Loan Certificates program, which launched in April 2023.

    These stocks are priced at a discount and have excellent long-term rebound potential.

    In the current financial environment, those who want to reduce risks and maximize profits must be able to recognize good possibilities among market swings. These three exceptional businesses each provide unique opportunities for portfolio development and stability. The first shows a notable rise in the amount of ore extracted and the daily mining rates, indicating amazing operational efficiency. These operational enhancements demonstrate the company’s ability to scale production effectively, whi

    Key Insights LendingClub's Annual General Meeting to take place on 11th of June Salary of US$500.0k is part of CEO...

    PROG Holdings (PRG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

    LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank ("LendingClub"), America's leading digital marketplace bank, announced that its Chief Executive Officer Scott Sanborn and its Chief Financial Officer Drew LaBenne will participate in a fireside chat at the TD Financial Services & Fintech Summit on June 7, 2024 at 2:20 PM Eastern Time.

    Enova International (NYSE: ENVA), a leading financial services company powered by machine learning and world-class analytics, today announced that Steve Cunningham, Chief Financial Officer, will present via a fireside chat format at the TD Financial Services & Fintech Summit on Thursday, June 6, 2024 at 3:50 p.m. Central Time / 4:50 p.m. Eastern Time.

    Small businesses feel increasingly optimistic about future growth as expenses decrease, according to the latest Small Business Cash Flow Trend Report from OnDeck Capital, the leading small business lending company at Enova (NYSE: ENVA) and Ocrolus, the document AI and cash flow analytics platform for lenders.