Aggregated price index
Aggregated price index with volume information
Summary:
- Radio Networks stocks down 0.3% on average while median return down 0.2% in a day
- Radio Networks stocks up 0.2% on average while median return up 0.4% in a week
- Radio Networks stocks up 0.1% on average while median return up -0.4% 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 $TME 51.3%, $SGA 7.5%, $TV 6.9%, $TSQ 2.7%, $CMLS 0.8%
- 1M losers are : Losers for past month are $TGNA -4.7%, $UONEK -4.8%, $AMCX -5.0%, $IHRT -6.2%, $UONE -11.7%
- 1W winners are : Winners for past week are $SGA 7.7%, $IHRT 3.8%, $TV 2.0%, $TSQ 1.4%, $CMLS 1.0%
- 1W losers are : Losers for past week are $TGNA -1.8%, $TME -3.0%, $UONEK -3.8%, $UONE -4.5%, $BBGI -5.6%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 8.3%, for the past 3 months is 10.4%
In the past month for a 5 days rolling window, the highest corrrelation is 17.5%, the lowest correlation is -3.6%, the latest correlation is 2.9%
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 71.3% between IHRT and SSP
The lowest correlation is -62.8% between SALM and TSQ
Stock news
A new startup is looking to disrupt the podcast space by betting big on overseas content.
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When Americans take their holiday photos this year, Cheez-It® Snap'd is encouraging the nation to share their cheeziest snaps, just like its thin, crispy crackers, for the chance to win the most epic holiday snap backstage at Jingle Ball. Cheez-It Snap'd is partnering with iHeartRadio to send one lucky winner and a friend to this year's iHeartRadio Jingle Ball in Miami for the ultimate experience: fly to the event, attend the show VIP style, and get your holiday card snapped with the one and onl
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