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Packaged Software Stocks$95.11
-0.55%4:00PM 01/14/2022
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 down 0.5% on average while median return down 0.4% in a day
  • Packaged Software stocks down 1.9% on average while median return down 2.1% in a week
  • Packaged Software stocks down 5.8% on average while median return down 8.8% 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 %)
PHUNW5.6%
13.8%
-7.8%
268.6M50
SGLB4.4%
9.1%
-0.5%
2.9738.2020M7%13%48\/\108-0.4%
AVID3.9%
12.7%
5.1%
45.831.234.64-54%1.5B4%88%57\/-108-0.1%
PHUN3.6%
8.6%
-6.8%
5.5810.34278.2M7%23%49/-/1241.4%
AZPN3.5%
5.8%
3.9%
32.59212.7213.0749%10.4B5%101%63\/\/1080.1%
SDGR3.4%
-3.9%
-16.9%
1.9945.751.9B11%62%36/\99-0.4%
AVCO2.9%
-3.4%
-18.2%
21.0066.8361.9M6%3%38\Below support53-0.2%
PLAN2.8%
5.6%
-1.7%
-36.4930.1916.756.9B8%97%51\/\215-0.1%
NVEC2.6%
1.2%
5.8%
22.864.6215.33-7%326M4%73%50\/-\108-0.0%
DDOG2.3%
-3.8%
-19.1%
-914.1338.8845.9035.6B6%76%33/-/Below support1080.4%
HUYA2.3%
2.1%
2.0%
9.59182.50.390.368%1.7B116%49-/\108-0.5%
SAP2.2%
0.5%
0.4%
23.032.384.936.1528%170.6B5%51/\/\108-0.0%
DOMO2.1%
1.8%
-8.0%
-16.0311.171.3B7%74%36/\Below support108-0.3%
SMAR2.1%
-0.4%
-14.6%
-53.1416.7321.097.9B5%89%38/Below support2150.0%
DAO2.0%
7.9%
26.1%
0.80500.6M65%56/\108-0.4%
VERX2.0%
-11.3%
-20.8%
-4.317.54572.4M8%99%31/\Below support149-0.1%
PHR1.9%
-0.8%
-14.6%
5.8618.171.8B6%93%32\/\Below support108-0.2%
RNLX1.9%
2.9%
2.9%
1039.68556.4M17%45\/\152-0.4%
MSFT1.8%
-1.2%
-7.3%
34.672.0114.5312.2144%2.3T1%72%38/Below support2150.2%
QLYS1.8%
0.5%
-6.4%
69.67510.4611.10-99%4.9B16%96%43/-/At support1080.3%

* 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 $MFGP 35.6%, $SABR 29.1%, $CMCM 29.1%, $DAO 26.1%, $RDCM 18.0%
  • 1M losers are : Losers for past month are $NCTY -31.5%, $ONDS -33.3%, $IO -38.4%, $TLMD -45.7%, $BLI -48.0%
  • 1W winners are : Winners for past week are $CMCM 18.0%, $PHUNW 13.8%, $AVID 12.7%, $GRUB 9.6%, $SGLB 9.1%
  • 1W losers are : Losers for past week are $VERX -11.3%, $CRNC -12.0%, $ESTC -12.6%, $TWOU -12.7%, $TLMD -25.8%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 33.3%, for the past 3 months is 24.3%

In the past month for a 5 days rolling window, the highest corrrelation is 49.0%, the lowest correlation is 15.3%, the latest correlation is 36.4%

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 88.5% between AMSWA and BLKB

The lowest correlation is -50.8% between AMST and ANSS

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