Aggregated price index with volume information
Summary:
- Videogame Producers stocks up 1.3% on average while median return up 1.3% in a day
- Videogame Producers stocks up 1.9% on average while median return up 1.9% in a week
- Videogame Producers stocks down 1.0% on average while median return down 0.5% 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.
- 1M winners are : Winners for past month are $EA 3.3%
- 1M losers are : Losers for past month are $TTWO -4.3%
- 1W winners are : Winners for past week are $EA 3.6%
- 1W losers are : Losers for past week are
Correlation Analysis
Index correlation analysis
Correlation for the past month is 10.9%, for the past 3 months is 15.6%
In the past month for a 5 days rolling window, the highest corrrelation is 68.8%, the lowest correlation is -28.6%, the latest correlation is 1.1%
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 23.9% between ATVI and EA
The lowest correlation is 3.1% between ATVI and TTWO
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SAN MATEO, Calif., July 25, 2024--Zynga Inc., a wholly-owned publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) and a global leader in interactive entertainment, today launched Game of Thrones™: Legends, for players worldwide. The high-profile mobile RPG puzzle title incorporates content and characters from the iconic Emmy® Award-winning and Golden Globe® winning Game of Thrones and House of the Dragon™ series. The game, officially licensed by Warner Bros. Interactive Enterta
Electronic Arts (EA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the latest trading session, Take-Two Interactive (TTWO) closed at $150.45, marking a +0.09% move from the previous day.
The move comes as the video game industry looks for stronger job security amid mass layoffs and studio closures.
Former Nintendo of America president Reggie Fils-Aimé says the game industry is heading for an uptick after declines following the pandemic.
Electronic Arts used new tech to scan photos for its videogame after securing players’ likeness rights for the first time.
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REDWOOD CITY, Calif., July 19, 2024--Electronic Arts Inc. (NASDAQ: EA) today released EA SPORTS™ College Football 25 worldwide, marking EA SPORTS™ official return to college football. Football fans have jumped at the chance to get in the game and play as their favorite college teams. 2.2 million unique players played College Football 25 during Early Access, with an additional 600,000 playing via the EA Play trial. With all 134 FBS universities, plus more than 150 stadiums and, through a groundbr
According to the average brokerage recommendation (ABR), one should invest in Take-Two (TTWO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?