Aggregated price index
Aggregated price index with volume information
Summary:
- Videogame Producers stocks up 1.7% on average while median return up 1.7% in a day
- Videogame Producers stocks up 4.3% on average while median return up 4.0% in a week
- Videogame Producers stocks down 1.1% on average while median return down 4.1% 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 is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes
- 1M winners are : Winners for past month are $TTWO 5.4%
- 1M losers are : Losers for past month are $ATVI -4.9%
- 1W winners are : Winners for past week are $TTWO 7.7%
- 1W losers are : Losers for past week are
Correlation Analysis
Index correlation analysis
Correlation for the past month is 56.9%, for the past 3 months is 68.9%
In the past month for a 5 days rolling window, the highest corrrelation is 95.4%, the lowest correlation is 15.8%, the latest correlation is 63.6%
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 72.6% between ATVI and TTWO
The lowest correlation is 29.2% between EA and TTWO
Stock news
Electronic Arts Inc. (NASDAQ: EA) is taking The World’s Game to the Next Level with today’s unveil of EA SPORTS™ FIFA 21 on PlayStation®5 and Xbox® Series X|S, launching December 4. The power of new generation consoles combined with advances in the Frostbite™ engine enables players to experience lightning fast load times and enhanced sights, sounds, and player movement, in addition to ultra-realistic football environments that immerse fans in the most authentic matchday experience in EA SPORTS F...
Investors can be hard to please sometimes. Electronic Arts' (NASDAQ: EA) stock fell after the company announced record metrics for its fiscal second quarter thanks to a flood of hit content releases and surging demand for at-home entertainment. The video game giant declined to boost its 2020 outlook, in a break from peers like Activision Blizzard (NASDAQ: ATVI).
Video games stand to benefit as a major form of entertainment as the United States continues to be rattled by COVID-19, making it a good time to invest in names like Glu (GLUU) and Activision (ATVI).
World of Warcraft: Shadowlands, the eighth expansion for Blizzard Entertainment's massively multiplayer online role-playing game, is now live.
Here's why video game stocks may be ready to resume their uptrend. Trade this industry-themed ETF and leading retailer using these tactics.
Electronic Arts Inc. (NASDAQ: EA) is bringing players the most realistic football simulation experience with today’s unveil of EA SPORTS Madden NFL 21 on Xbox Series X|S and PlayStation®5. Madden NFL 21 on next generation consoles sets a new standard of realism and authenticity, highlighted by all-new gameplay innovation that brings fluid player movement powered by real-world athlete data from the NFL’s Next Gen Stats. EA SPORTS is also delivering the most immersive Madden NFL experience to date...
NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: Electronic Arts (NASDAQ: EA), FansUnite (OTC: FUNFF) (CSE: FANS), NetEase (NASDAQ: NTES), and Peak Fintech Group (OTC:PKKFF) (CSE: PKK).Accelerating digital transformation is driving new megatrends and revenue growth opportunities worldwide from video games, and music streaming to commercial lending. Wall Stree...
(Bloomberg) -- Chinese technology company Tencent Holdings Ltd. is a lead investor in a funding round that valued the online education startup Udemy Inc. at more than $3 billion, according to people familiar with the matter.Investors were also told by Udemy that the company could pursue an initial public offering next year, said the people, who asked not to be identified because the matter is private.Udemy said Wednesday that it has raised $50 million in a round valuing the company at $3.25 bill...
Electronic Arts, Activision Blizzard, and Take-Two Interactive have seen their share prices outperform for much of the year, but some investors may be wondering whether Pfizer and Moderna's promising coronavirus vaccine candidates could be game over for the overperformance of these top game makers. Here's a look at where each company currently stands, and why these top gaming stocks should remain good investments. Electronic Arts stock has been the weakest performer this year when compared to ...