Aggregated price index with volume information
Summary:
- Online Retail stocks down 0.3% on average while median return down 0.2% in a day
- Online Retail stocks down 5.2% on average while median return down 5.2% in a week
- Online Retail stocks down 2.9% on average while median return down 5.5% 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 ETFs (click on ticker for stock detail page)
- 1M winners are : Winners for past month are $LE 61.9%, $IQ 6.3%, $AMZN 1.9%, $ETSY 0.7%
- 1M losers are : Losers for past month are $SHOP -10.3%, $PDD -10.9%, $VIPS -11.5%, $PETS -13.5%, $FLWS -15.3%
- 1W winners are : Winners for past week are
- 1W losers are : Losers for past week are $PDD -6.1%, $BABA -8.0%, $MELI -9.1%, $VIPS -11.4%, $W -12.8%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 23.7%, for the past 3 months is 19.3%
In the past month for a 5 days rolling window, the highest corrrelation is 34.1%, the lowest correlation is 1.1%, the latest correlation is 27.5%
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 91.0% between IBUY and ONLN
The lowest correlation is -44.8% between APRN and LE
Netflix has enjoyed its strongest start to the year since 2020 as its password sharing crackdown boosted subscriber numbers.
Netflix crushed Wall Street's targets for the first quarter but missed views with its sales outlook. Netflix stock fell on the news.
Stocks again failed to hold early gains, with the market power trend about to end. Netflix subscribers jumped in Q1.
Netflix gained another 9.3 million subscribers to start the year while its still-emerging expansion into advertising helped produce financial results that exceeded analysts’ estimates. The performance announced Thursday demonstrated that Netflix is still building on its momentum of last year, when a crackdown on free-loading viewers relying on shared passwords and the rollout of a low-priced option including commercials revived its growth following a post-pandemic lull. Netflix’s gains during ...
(Bloomberg) -- Netflix Inc. posted its best start to the year since 2020, attracting more new customers than anyone expected thanks to a strong slate of original programs and a crackdown on password sharing.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsNetflix ad
Netflix reported first quarter earnings after the bell on Thursday. Here's what to know.
Netflix (NFLX) reported first quarter results that beat Wall Street expectations. Earnings per share of $5.28 top estimates of $4.52. Revenue of $9.37 billion was better than expectations of $9.26 billion. The streaming giant added 9.33 million paid subscribers, crushing estimates of 4.84 million. For the second quarter, Netflix sees earnings of $5.28 per share, well above the expected $4.52. The revenue estimate of $9.49 billion was just about in line with estimates of $9.51 billion. Yahoo Fina...
Streaming video giant Netflix (NASDAQ: NFLX) beat analysts' expectations in Q1 CY2024, with revenue up 14.8% year on year to $9.37 billion. The company expects next quarter's revenue to be around $9.49 billion, in line with analysts' estimates. It made a GAAP profit of $5.28 per share, improving from its profit of $2.88 per share in the same quarter last year.
EBay stock got a double upgrade to a buy rating from analysts at Morgan Stanley, who are bullish on firm's AI efforts.
LOS ANGELES (Reuters) -Netflix blew past Wall Street expectations on new customers for the second straight quarter on Thursday but signaled the positive surprises could be over, forecasting revenue growth slightly below analyst targets. The company said its ad-supported streaming plans helped bring in 9.3 million new customers, nearly double the consensus forecast of analysts polled by LSEG. For the current quarter, Netflix projected revenue of $9.49 billion compared with analyst expectations ...