Aggregated price index
Aggregated price index with volume information
Summary:
- Radio Networks stocks up 1.5% on average while median return up 1.6% in a day
- Radio Networks stocks down 1.5% on average while median return down 1.9% in a week
- Radio Networks stocks down 17.4% on average while median return down 17.4% 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 27.5%, $HMTV 11.9%, $SGA 11.1%
- 1M losers are : Losers for past month are $SALM -24.6%, $IHRT -32.2%, $UONEK -33.1%, $CMLS -35.0%, $UONE -55.5%
- 1W winners are : Winners for past week are $HMTV 12.9%, $SGA 6.7%, $TME 5.6%, $CMLS 1.2%
- 1W losers are : Losers for past week are $AMCX -4.3%, $TV -4.9%, $TSQ -7.1%, $BBGI -7.4%, $SALM -13.8%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 16.4%, for the past 3 months is 14.7%
In the past month for a 5 days rolling window, the highest corrrelation is 31.1%, the lowest correlation is 5.0%, the latest correlation is 23.5%
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 80.4% between AMCX and SSP
The lowest correlation is -55.2% between CMLS and DISCA
Stock news
The E.W. Scripps Company (NASDAQ: SSP) has appointed Jeff Kiernan to the role of vice president and general manager for KTNV, Scripps' ABC affiliate in Las Vegas, effective Monday, July 25.
Meteorologist Brian Gotter will leave WTMJ-TV (Channel 4) this fall for a position with the MACC Fund.
Encore Wire, ecnoglass, Universal Logistics Holdings and Cumulus Media are part of the Zacks Screen of the week article.
Let's take a look at four Buy-ranked stocks - Encore Wire Corporation (WIRE), Tecnoglass Inc. (TGLS), Universal Logistics Holdings, Inc. (ULH) and Cumulus Media Inc. (CMLS) - with solid net profit margins.
NEW YORK, June 28, 2022--iHeartMedia and Charlamagne Tha God today announced the first-ever Black Effect Podcast Festival to celebrate, uplift and amplify Black voices in the podcast industry. The event will take place Sunday, August 28 at the Avant Gardner, Brooklyn Mirage. Charlamagne Tha God will join the festival alongside some of the Black Effect’s most popular personalities for a day full of live podcast tapings and informative discussions aimed at aspiring podcasters in the Black communit
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