Market Composite

SPAC Stocks$154.13

-0.32%4:00PM 09/27/2021

The list of companies include ACEL-Accel Entertainment Inc, ACEV-ACE Convergence Acquisition Corp, ACND-Ascendant Digital Acquisition Corp, AGBA-Agba Acquisition Ltd, ALAC-Alberton Acquisition Corp, ALAC-Alberton Acquisition Corp, ALUS-Alussa Energy Acquisition Corp, AMHC-Amplitude Healthcare Acquisition Corp, ANDA-Andina Acquisition Corp III, APXT-Apex Technology Acquisition Corp, ARYA-ARYA Sciences Acquisition Corp III, BCTG-BCTG Acquisition Corp, BLSA-BCLS Acquisition Corp, BRLI-Brilliant Acquisition Corp, BRPA-Big Rock partners Acquisition Corp, CCAC-CITIC Capital Acquisition Corp, CCX-Churchill Capital Corp II, CPSR-Capstar Special Purpose Acquisition Corp, CRSA-Crescent Acquisition Corp, DFNS-LGL Systems Acquisition Corp, ESSC-East Stone Acquisition Corp, ETAC-E.Merge Technology Acquisition Corp, FSRV-FinServ Acquisition Corp, FUSE-Fusion Acquisition Corp, GIX-Gigcapital2 Inc, GLEO-Galileo Acquisition Corp, GNRS-Greenrose Acquisition Corp, GOAC-GO Acquisition Corp, GRCY-Greencity Acquisition Corp, GRNV-GreenVision Acquisition Corp

Latest intraday update before market close @ 19:44:34 PM 09/27/2021

Summary :

Average return is down -0.0%

Median return is down 0.0%

7 out of 18 stocks are up (limited to those with intraday pricing feeds).

Top Movers : TDAC -3.7%, LATN -3.2%, GLEO -0.5%, PTK -0.5%, BLSA -0.3%,

Aggregated price index

Aggregated price index with volume information

Summary:

SPAC stocks down 0.3% on average while median return down -0.0% in a day
SPAC stocks up 3.5% on average while median return up 0.1% in a week
SPAC stocks up 8.7% on average while median return up 0.6% 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 %)

NNA	3.7%	21.0%	86.7%	-6.69	-1.84	0.17	0.17		64.9M	1%	5%	64	\	Above resistance	367	-0.1%
ACEL	1.7%	4.9%	2.7%		0.93		3.64		1.1B	7%	64%	58	\/-		93	-0.0%
HYAC	0.8%	1.1%	0.2%			78.57			308M			56
PANA	0.5%	0.1%	-1.6%						174M	0%	30%	43
AGBA	0.3%	0.5%	0.9%			4.12			58.1M	0%	66%	68
THCA	0.2%	0.2%	0.6%			10.33			196M	0%	58%	72
ACEV	0.1%	0.0%	0.5%						228.2M	1%	59%	65	/\-		100	0.0%
ALAC	0.1%	0.6%	0.3%			9.76			52.2M	3%	13%	51
CCAC	0.1%	0.1%	0.5%					31%	275.2M	1%	68%	55	-/-\/		67	0.0%
ETAC	0.1%	0.1%	0.3%						600.1M	0%	76%	56	/\/-	At resistance	52	0.0%
GRCY	0.1%	0.1%	0.9%						53.7M	0%	47%	62
HLXA	0.1%	0.0%	-0.6%						117.6M		89%	45
BRLI	0.0%	0.1%	0.9%						61.7M		46%	65
CPSR	0.0%	0.3%	1.0%						274.6M	1%	73%	60	\/\-/	At resistance	55	0.0%
ESSC	0.0%	0.1%	0.6%						180.6M	0%	68%	81
HZAC	0.0%	0.1%	0.6%						543.4M	0%	55%	62	/-\-	At resistance	97	0.0%
TREB	0.0%	0.2%	0.8%						514.9M	0%	85%	60	\/\-	At resistance	58	0.0%
TWND	0.0%	0.0%	0.6%						326.9M	1%	90%	52	/-\-	At resistance	94	-0.0%
YAC	0.0%	0.4%	0.2%						341.2M	0%	73%	53	/\/-	At resistance	51	0.0%
GLEO	-0.1%	-0.1%	0.4%					-20%	175.2M	0%	73%	54	/\/	At resistance	75	0.0%

* 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 $NNA 86.7%, $TDACW 31.1%, $TDAC 8.3%, $GTYH 5.0%, $ACEL 2.7%
1M losers are : Losers for past month are $HLXA -0.6%, $PANA -1.6%, $PTK -2.4%, $LATN -4.2%
1W winners are : Winners for past week are $NNA 21.0%, $TDACW 11.7%, $GTYH 6.5%, $TDAC 5.0%, $ACEL 4.9%
1W losers are : Losers for past week are $GLEO -0.1%, $BLSA -0.5%, $PTK -3.0%, $LATN -8.9%

Pick two stocks to compare:

CCX

GIX

Correlation Analysis

Index correlation analysis

Correlation for the past month is 0.6%, for the past 3 months is 1.2%

In the past month for a 5 days rolling window, the highest corrrelation is 1.8%, the lowest correlation is -1.8%, the latest correlation is -0.0%

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 94.7% between CCX and GIX

The lowest correlation is -68.4% between ALAC and GRCY