Aggregated price index
Aggregated price index with volume information
- Payment System stocks down 2.6% on average while median return down 2.6% in a day
- Payment System stocks up 0.8% on average while median return up 0.4% in a week
- Payment System stocks down 8.8% on average while median return down 3.8% 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.
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 $SQ 1.0%
- 1M losers are : Losers for past month are $GDOT -7.7%, $WEX -9.5%, $TNET -11.2%, $GPN -12.6%, $LC -28.5%
- 1W winners are : Winners for past week are $ACIW 12.6%, $GDOT 2.7%, $V 1.7%, $MA 0.8%, $PYPL 0.6%
- 1W losers are : Losers for past week are $GPN -0.6%, $WEX -1.6%, $SQ -1.9%, $MGI -2.9%, $LC -3.7%
Index correlation analysis
Correlation for the past month is 47.8%, for the past 3 months is 43.5%
In the past month for a 5 days rolling window, the highest corrrelation is 82.2%, the lowest correlation is 2.5%, the latest correlation is 49.6%
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 96.7% between MA and V
The lowest correlation is -52.5% between MGI and PYPL
Mutual funds and ETFs are buying growth stocks Visa and Mastercard in the ongoing banking crisis. Both are building bases.
Mastercard (MA) teams up with QNB to launch a digital payment technology for enabling micro and small business owners in Qatar to accept payments through smartphones.
Per Visa's (V) recent survey on digital remittances adoption, consumers are shifting toward digital payments due to ease of use, faster payments and security.
Since taking over Berkshire Hathaway in 1965, Warren Buffett has delivered phenomenal returns for investors. For example, if you invested $100 in Berkshire Hathaway in 1965, it would be worth more than $2.4 million today. Two intriguing Buffett stocks to buy hand over fist in March are American Express (NYSE: AXP) and Markel (NYSE: MKL).
MasterCard (MA) closed at $354.57 in the latest trading session, marking a +1.5% move from the prior day.
In the latest trading session, Visa (V) closed at $221.95, marking a +1.74% move from the previous day.
Small businesses are the beating heart of economies, but for many finding the right resources is a challenge.
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
SAN FRANCISCO, March 21, 2023--Remittances are not only a lifeline for millions of migrant workers and their families, they are also vitally important for the prosperity of many developing economies around the world. As the amount of global remittance inflows continues to reach new records1, 53% of surveyed consumers are turning to digital apps to send and receive funds around the world.
Only a select few enterprises reach the exclusive $1 trillion market cap club. The world is increasingly shifting away from cash and toward digital transactions. As the operator of the largest debit and credit card payment network in the world, Visa (NYSE: V) stands to profit from this trend more than any other company.