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Sports and Online Betting Stocks$51.38
0.89%4:00PM 07/01/2022
The list of companies include SGMS-Scientific Games Corporation, PENN-Penn National Gaming, Inc., BYD-Boyd Gaming Corp., CHDN-Churchill Downs, Inc., IGT-International Game Technology PLC, DKNG-DraftKings Inc, ELYS-Elys Game Technology Corp.
Latest intraday update before market close @ 19:45:44 PM 07/01/2022
Summary :
Average return is up 2.4%
Median return is up 2.7%
6 out of 6 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Sports and Online Betting stocks up 0.9% on average while median return up 2.7% in a day
  • Sports and Online Betting stocks down 5.5% on average while median return down 4.3% in a week
  • Sports and Online Betting stocks down 11.8% on average while median return down 9.8% 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.

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 %)
IGT4.0%
-9.1%
-9.8%
8.460.685.611.413.9B4%45%46\/-\113-0.3%
PENN3.4%
-2.1%
-1.3%
14.70.284.213.095.2B11%88%51-/-\261-0.3%
CHDN3.0%
-0.7%
-3.2%
30.170.0936.006.567.5B4%74%54-/\131-0.1%
BYD2.7%
-4.3%
-11.5%
11.091.925.342.925.6B4%70%43\/-Below support131-0.1%
DKNG0.9%
-16.8%
-12.9%
-3.82-0.7823.035.9B10%55%44/-\260-0.3%
ELYS-9.4%
-5.6%
-36.6%
2.3717.4M1%2%30

* 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.

Related ETFs (click on ticker for stock detail page)

  • 1M winners are : Winners for past month are
  • 1M losers are : Losers for past month are $BYD -11.5%, $DKNG -12.9%, $ELYS -36.6%
  • 1W winners are : Winners for past week are
  • 1W losers are : Losers for past week are $ELYS -5.6%, $IGT -9.1%, $DKNG -16.8%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 40.2%, for the past 3 months is 40.7%

In the past month for a 5 days rolling window, the highest corrrelation is 55.6%, the lowest correlation is 20.1%, the latest correlation is 32.5%

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 96.0% between BYD and CHDN

The lowest correlation is -27.8% between ELYS and SGMS

Stock news

    07/1/2022DKNG
    10 Best Gaming Stocks To Buy Now

    In this article, we discuss 10 best gaming stocks to buy now. If you want to skip our detailed analysis of the gaming industry and see the top gaming stocks, go directly to 5 Best Gaming Stocks To Buy Now. In 2021, the gaming market was valued at $198.40 billion, and this number is expected […]

    07/1/2022DKNG
    Sports betting stocks: How companies like DraftKings, Caesars performed in June

    In the four years since legalization, Americans have wagered over $125 billion on sports as betting transformed from a taboo topic on sports television to commentators openly discussing gambling odds before and during games. Several sports-betting operators are also publicly traded companies, and some include non-sports betting assets in their business portfolios, such as casinos or entertainment properties. See also: Do you have to pay taxes on sports betting?

    06/30/2022DKNG
    Cathie Wood’s Latest Thoughts on Inflation and Her 10 Worst-Performing Stock Picks

    In this article, we discuss Cathie Wood’s latest thoughts on inflation and her 10 worst-performing stock picks. If you want to read about some more stocks in the Wood portfolio, go directly to Cathie Wood’s Latest Thoughts on Inflation and Her 5 Worst-Performing Stock Picks. Cathie Wood of ARK Investment Management has come under fire […]

    06/29/2022DKNG
    2 Red-Hot Growth Stocks to Buy in 2022 and Beyond

    Many of the growth stocks that saw massive price increases in 2020 and most of 2021 have been devastated by the bear market in 2022. It's the continued growth of companies like DigitalOcean (NYSE: DOCN) and DraftKings (NASDAQ: DKNG) that will get investors back and fuel further stock price growth. Let's find out a bit more about these two growth stocks and why 2022 offers a buying opportunity.

    06/28/2022DKNG
    Penn National Gaming, DraftKings Get Upgrades But The Stocks Are Still A Gamble

    PENN and DKNG had their price targets raised by analysts. But even after a record year, it's still best to avoid gaming stocks.

    06/28/2022DKNG
    DraftKings Lands New Bull as Profitability Nears. This Analyst Also Likes Penn.

    DraftKings and Penn National Gaming stocks will outperform the market by selling additional products to their existing customers, according to a new research note. JMP analyst Jordan Bender on Tuesday initiated coverage on the gaming companies with a Market Outperform rating. DraftKings’ stock was down 2.9% to $13.20 on Tuesday whereas Penn National was up 0.8% to $32.58.

    06/27/2022IGT
    IGT (IGT) Surges 11.7%: Is This an Indication of Further Gains?

    IGT (IGT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

    06/27/2022DKNG
    3 Best Sin Stocks to Buy Now

    Last week Wall Street pulled out a strong performance. This came after a tough correction that finally took the S&P 500 down into recession territory. Friday ended in a giant win for the bulls, so their job this week is to simply maintain the momentum. Today we are sharing three of the best sin stocks to buy for the second half of 2022. The list will not be complete because there are many more worthy companies with similar outcomes. The equities have been under selling pressure for weeks. This u

    06/24/2022IGT
    Despite the downward trend in earnings at International Game Technology (NYSE:IGT) the stock grows 6.0%, bringing three-year gains to 64%

    While International Game Technology PLC ( NYSE:IGT ) shareholders are probably generally happy, the stock hasn't had...