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Packaged Software Stocks$60.26
1.80%4:00PM 07/01/2022
The list of companies include ABST-Absolute Software Corp, ACIW-ACI Worldwide Inc, ADBE-Adobe Inc, ADSK-Autodesk Inc., AGYS-Agilysys, Inc, ALTR-Altair Engineering Inc, AMST-Amesite Operating Co, AMSWA-American Software Inc., ANSS-Ansys Inc., APPN-Appian Corp, ASAN-Asana Inc, ASUR-Asure Software Inc, AUUD-Auddia Inc, AVCO-Avalon GloboCare Corp, AVID-Avid Technology, Inc., AVLR-Avalara Inc, AYX-Alteryx Inc, AZPN-Aspen Technology Inc., BB-BlackBerry Ltd, BIGC-BigCommerce Holdings Inc, BILL-Bill.com Holdings Inc, BKI-Black Knight Inc, BL-BlackLine Inc, BLI-Berkeley Lights Inc, BLKB-Blackbaud Inc, BNFT-Benefitfocus Inc, BSQR-BSquare Corp, BSY-Bentley Systems Inc, CDNS-Cadence Design Systems, Inc., CHNG-Change Healthcare Inc

Summary:

  • Packaged Software stocks up 1.8% on average while median return up 1.5% in a day
  • Packaged Software stocks down 5.6% on average while median return down 5.4% in a week
  • Packaged Software stocks down 4.2% on average while median return down 4.5% 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 Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
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 %)
TWOU17.0%
20.0%
39.4%
-3.35-4.593.303.63945.7M18%110%64/-\Above resistance131-0.6%
XAIR10.9%
14.3%
29.9%
5.94128.67221.2M19%21%65\/\Above resistance72-0.3%
BLI9.9%
-5.4%
24.9%
46.91370.3M5%60%55/\99-0.8%
OMQS8.2%
-11.1%
-3.3%
44.9M48-\-1030.1%
UPWK7.3%
0.0%
23.0%
-38.874655.2519.6914.912.9B5%69%61/\Above resistance261-0.3%
BIGC7.2%
-9.3%
-4.9%
26.901.3B14%71%50\-\97-0.7%
DOCU6.7%
-11.0%
-25.5%
-136.172.49219.7232.9012.2B3%75%42/\131-0.6%
TLS6.4%
3.9%
-7.9%
12.05583.3M3%36%51/\82-0.4%
CRWD6.3%
-3.1%
11.0%
-229.438.2565.1055.3538.3B7%71%55/-\131-0.2%
HCAT6.3%
-10.8%
9.8%
9.6312.17834.2M15%103%53\/\Above resistance131-0.6%
OKTA6.2%
-5.2%
13.7%
-15.061273946.4640.5314.5B4%84%53/-\Above resistance131-0.5%
DDOG6.1%
-6.0%
3.6%
1554038.8845.9028.6B6%76%52/-/\131-0.4%
JAMF5.9%
-4.6%
3.7%
2.7413.203.1B7%96%51\/\99-0.3%
RNG5.7%
-10.6%
-12.2%
-9.729.2123.2219.564.7B7%98%45/\131-0.6%
HUYA5.4%
-6.2%
-0.7%
15.72182.50.390.368%963.6M116%48/\131-0.5%
NCTY5.4%
7.9%
9.9%
428.2340.9M7%53-/\261-0.4%
TEAM5.4%
-3.8%
10.2%
-68.818.82162.2434.0149.4B4%93%53/\Above resistance131-0.5%
SABR5.3%
-2.4%
-18.7%
-3.290.29183.294.442B19%110%42\/\261-0.2%
ESTC5.2%
-8.2%
15.0%
-32.37-88.6328.9121.426.8B11%84%52/\131-0.5%
IH5.1%
5.1%
2.5%
0.8161M11%48\-1150.0%

* 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.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are $BTCY 44.6%, $PHR 40.1%, $TWOU 39.4%, $XAIR 29.9%, $BLI 24.9%
  • 1M losers are : Losers for past month are $PHUN -28.6%, $KBNT -29.6%, $PRTH -33.5%, $RNLX -38.9%, $ZDGE -47.2%
  • 1W winners are : Winners for past week are $BTCY 34.6%, $TWOU 20.0%, $XAIR 14.3%, $AGYS 13.6%, $NCTY 7.9%
  • 1W losers are : Losers for past week are $LYFT -17.5%, $ASAN -17.8%, $U -19.8%, $DCT -23.8%, $RNLX -44.0%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 43.9%, for the past 3 months is 36.5%

In the past month for a 5 days rolling window, the highest corrrelation is 66.5%, the lowest correlation is 27.3%, the latest correlation is 36.1%

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 94.9% between APPN and ASAN

The lowest correlation is -22.2% between AUUD and BLKB

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