Aggregated price index
Aggregated price index with volume information
- Radio Networks stocks down 2.0% on average while median return down 1.5% in a day
- Radio Networks stocks down 2.4% on average while median return down 2.9% in a week
- Radio Networks stocks down 19.5% on average while median return down 17.9% 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 $TSQ 20.8%, $UONE 7.7%, $UONEK 4.0%
- 1M losers are : Losers for past month are $SALM -26.1%, $AMCX -33.3%, $CMLS -36.5%, $SSP -36.6%, $IHRT -42.4%
- 1W winners are : Winners for past week are $TSQ 5.6%, $TGNA 2.0%, $UONE 1.8%, $UONEK 0.2%
- 1W losers are : Losers for past week are $AMCX -4.7%, $SSP -6.0%, $CMLS -6.1%, $BBGI -6.5%, $IHRT -11.5%
Index correlation analysis
Correlation for the past month is 10.8%, for the past 3 months is 16.0%
In the past month for a 5 days rolling window, the highest corrrelation is 39.5%, the lowest correlation is -4.7%, the latest correlation is 20.8%
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 64.1% between UONE and UONEK
The lowest correlation is -51.2% between SALM and TSQ
Q4 2022 Tencent Music Entertainment Group Earnings Call
Good-looking earnings weren't enough to satisfy the market, but is the stock now too cheap to ignore?
Tencent Music Entertainment Group (NYSE: TME) reported a fourth-quarter revenue decline of 2.4% year-over-year to $1.08 billion (RMB 7.43 billion), beating the consensus of $1.07 billion. Online music service revenues grew by 23.6% Y/Y. Revenues from music subscriptions were RMB2.35 billion ($341 million), an increase of 20.6% Y/Y. Online music paying users increased by 16.1% Y/Y to 88.5 million. Revenues from social entertainment services and others decreased by 18.2% Y/Y to RMB3.87 billion ($5
Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2022.
NEW YORK, March 16, 2023 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced today that it has terminated its previously announced cash tender offers (together, the “Offers” and each, individually, an “Offer”), the terms and conditions of which are described in an Offer to Purchase, dated February 17, 2023 (the “Offer to Purchase”), to purchase up to $800,000,000 aggregate principal amount of its outstanding 5.00% Senior Notes due 2024 (the “2024 Notes”) and 4.75% Seni
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Shares of AMC Networks (NASDAQ: AMCX) were moving higher last night after the company posted a better-than-expected fourth-quarter earnings report, and new management took over. According to data from S&P Global Market Intelligence, the stock gained 21% last month. As you can see from the chart below, AMC spiked on earnings before giving up some of those gains over the duration of the month.
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