Aggregated price index
Aggregated price index with volume information
Summary:
- Sports and Online Betting stocks down 0.6% on average while median return down 1.0% in a day
- Sports and Online Betting stocks down 0.6% on average while median return down 0.4% in a week
- Sports and Online Betting stocks up 13.2% on average while median return up 9.0% 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 $IGT 21.4%, $PENN 11.7%, $BJK 10.5%
- 1M losers are : Losers for past month are
- 1W winners are : Winners for past week are $DKNG 1.6%, $BYD 1.5%, $CHDN 0.1%
- 1W losers are : Losers for past week are $BJK -0.8%, $IGT -2.3%, $PENN -3.9%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 22.5%, for the past 3 months is 29.0%
In the past month for a 5 days rolling window, the highest corrrelation is 65.4%, the lowest correlation is 9.6%, the latest correlation is 28.6%
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 73.5% between BJK and PENN
The lowest correlation is -44.2% between BJK and GNOG
Stock news
Cathie Wood's ARK Invest ETFs continue to break down in 2022 after 2020's huge gains. Five ARK Invest stocks to watch include Tesla.
If one of your three jobs enshrined in law is to maximise the amount of money that goes to good causes, gambling £600mn of it on the chance you might be able to bring in a bit more over the next ten years seems like a risky bet.
Cathie Wood's ARK Invest ETFs continue to break down in 2022 after 2020's huge gains. Five ARK Invest stocks to watch include Tesla.
Down 46% so far in 2022, DraftKings (NASDAQ: DKNG) stock has suffered an even worse slump than the S&P 500, which has fallen 17%. Is there any hope for DraftKings? DraftKings operates a sports betting and online gambling platform.
The UK’s gambling regulator oversaw a “poorly managed” competition process to decide the next National Lottery operator, a report by a cross-party group of MPs has concluded. The Gambling Commission chose Czech-based conglomerate Allwyn as the next National Lottery operator over incumbent Camelot in March, marking the first change of hands in the lottery’s 28-year history following a hotly contested bidding process. Allwyn announced on Saturday that it had agreed to buy Camelot in a £100mn dea...
Yahoo Finance sports reporter Josh Schafer details reports of DraftKings users' accounts being hacked.
The sports-betting service said it believed some customers' login information was compromised on other sites and used to access their DraftKings accounts.
UPDATE 1-DraftKings says login information of some customers compromised
DraftKings says login information of some customers compromised
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