MARKET COMPOSITE
Theater Stocks28-00-2024 20:00:00 PM
Price
$63.39
-1.45%
The list of companies include AMC-AMC Entertainment Holdings Inc, CNK-Cinemark Holdings Inc, RDI-Reading International Inc, IMAX-Imax Corp, MCS-Marcus Corp., NCMI-National Cinemedia Inc
* Latest intraday update before market close @ 19:45:31 PM 05/28/2024
Summary
:
Average return is down -1.1%
Median return is down -0.3%
2 out of 5 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
CNK -4.6%IMAX -3.5%RDI -0.3%AMC + 1.2%MCS + 1.9%

Aggregated price index with volume information

Summary:

  • Theater stocks down 1.5% on average while median return down 1.3% in a day
  • Theater stocks down 1.0% on average while median return down 1.1% in a week
  • Theater stocks up 6.7% on average while median return up -4.0% 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.

Related Stocks
Ticker
1d
7d
30d
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 %)
MCS1.1%
3.2%
-17.5%
36.51-0.711.475.72277.4M25%107%37\/\451-0.0%
AMC0.8%
1.0%
43.1%
-2.990.0159.401.4B21%23%57\89-0.5%
IMAX-3.3%
-3.7%
-4.7%
34.21-1.453.649.10859.9M7%77%43\/\/\226-0.0%
CNK-4.4%
-3.3%
-3.2%
13.46-1.854.9910.452.1B30%92%42\/\/4510.0%
* 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.
Detail Performance Summary
  • 1M winners are : Winners for past month are $AMC 43.1%
  • 1M losers are : Losers for past month are $IMAX -4.7%, $MCS -17.5%
  • 1W winners are : Winners for past week are $MCS 3.2%, $AMC 1.0%
  • 1W losers are : Losers for past week are $CNK -3.3%, $IMAX -3.7%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 30.9%, for the past 3 months is 19.6%

In the past month for a 5 days rolling window, the highest corrrelation is 85.3%, the lowest correlation is -22.2%, the latest correlation is -10.9%

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 65.8% between AMC and CNK

The lowest correlation is 9.6% between CNK and RDI

Stock news

    Amid recent fluctuations in the U.S. stock market, characterized by a spike in Treasury yields and mixed economic signals, investors are keenly observing various factors that could impact their portfolios. In this context, growth companies with high insider ownership stand out as potentially resilient investments due to the alignment of interests between company executives and shareholders.

    Tuesday's stock action may be a sign of market froth, a strategist told Yahoo Finance.

    GameStop soared after the retailer announced it raised $933.4 million from a stock sale. AMC and other meme stocks rallied.

    Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These are Vita Coco Company (COCO), AMC Entertainment (AMC), Hyperfine (HYPR), Aptevo Therapeutics (APVO) and CLEAR Secure (YOU).

    GREENWICH, Conn., May 28, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 16th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 6, 2024. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Sports Investing and Advertising Panels. Attendees will also have the opportunity to meet with management in a o

    On May 14, 2024, Third Point LLC, led by Daniel Loeb (Trades, Portfolio), made a significant addition to its investment portfolio by acquiring 2,000,000 shares of Cinemark Holdings Inc (NYSE:CNK). This transaction increased Third Point's total holdings in the company to 7,000,000 shares, marking a substantial investment in the entertainment sector. The shares were purchased at a price of $18.78 each, reflecting a strategic move by the firm amidst the evolving market dynamics.

    POOL benefits from the POOL360 platform, expansion strategy and solid brand presence. However, softness in new pool construction and high costs remain a concern for the company.

    MILWAUKEE, May 23, 2024--Directors of The Marcus Corporation (NYSE: MCS) today declared a regular quarterly cash dividend of $0.07 per share of common stock. The dividend will be paid June 26, 2024, to shareholders of record on June 17, 2024.

    Here is how Codere Online Luxembourg, S.A. (CDRO) and Cinemark Holdings (CNK) have performed compared to their sector so far this year.

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.