Aggregated price index
Aggregated price index with volume information
Summary:
- Wireless Telecommunications stocks down 0.3% on average while median return down 0.1% in a day
- Wireless Telecommunications stocks down 1.0% on average while median return down 1.1% in a week
- Wireless Telecommunications stocks down 1.4% on average while median return down 0.2% 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 $RCI 11.0%, $VOD 10.4%, $SPOK 6.8%, $AMOV 5.7%, $AMX 5.2%
- 1M losers are : Losers for past month are $TMUS -8.4%, $IRDM -9.4%, $S -14.8%, $GSAT -21.2%, $SKM -40.4%
- 1W winners are : Winners for past week are $VOD 3.9%, $TIMB 3.1%, $SKM 2.9%, $TKC 1.7%, $RCI 1.3%
- 1W losers are : Losers for past week are $MBT -3.6%, $S -3.7%, $VEON -6.4%, $ATEX -6.5%, $IRDM -8.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 9.2%, for the past 3 months is 11.6%
In the past month for a 5 days rolling window, the highest corrrelation is 22.4%, the lowest correlation is -3.3%, the latest correlation is 4.7%
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 90.7% between AMOV and AMX
The lowest correlation is -66.4% between TMUS and UZD
Stock news
AT&T Inc. emerged as the biggest spender in a major auction for 5G wireless spectrum that brought in more than $22.5 billion in total proceeds, the Federal Communications Commission announced Friday.
T-Mobile holds an edge in 5G wireless spectrum but will its market share gains vs. AT&T and Verizon continue? Here is what fundamental and technical analysis says about buying TMUS stock.
AT&T's (T) 5G+ delivers superfast speed and better connectivity to enable innovation and unlock immersive experiences in high-traffic venues.
Investment company Private Capital Management Llc (Current Portfolio) buys Vanguard Russell 1000 Index Fund, BTC iShares Core MSCI EAFE ETF, Vanguard Small Cap ETF, Independent Bank Group Inc, iShares Core MSCI Emerging Markets ETF, sells Millicom International Cellular SA, Adobe Inc, AT&T Inc, The Home Depot Inc, iShares MSCI Intl Quality Factor ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Private Capital Management Llc.
AT&T added more wireless postpaid phone subscribers in the fourth quarter than T-Mobile, keeping its streak alive. TMUS stock fell.
AT&T (T) continues to deliver on its objectives to grow customer relationships across wireless, fiber and HBO Max.
(Bloomberg) -- A long-simmering dispute over promising new wireless technology burst into public view in the past week and threatened to further disrupt U.S. air travel already hobbled by the new omicron Covid variant.The fight over whether a new service for mobile phones would interfere with the electronics airline pilots need to land their planes pitted some of the nation’s most powerful corporations and industries against each other and reached the Oval Office before a truce was called earlie
AT&T and Verizon have delayed parts of their 5G rollout amid safety concerns from airlines. But a safe solution should be simple and quick.
IDB Invest PIC 1 To the left, James P. Scriven, IDB Invest, CEO. To the right, Mauricio Ramos, Millicom CEO image2 To the left, James P. Scriven, IDB Invest, CEO. To the right, Mauricio Ramos, Millicom CEO IDB Invest supports the expansion of infrastructure to close the digital divide in Colombia IDB Invest, a member of the IDB Group, participated in a guarantee line of up to COP625,000 million for the benefit of Tigo Colombia, a subsidiary of Millicom. To the left, James P. Scriven, IDB Invest
Anterix (NASDAQ: ATEX) today announced that Rob Schwartz, President & CEO will present at Citi's AppsEconomy Conference being held on Friday, January 7, 2022, at 1:00 pm EST. Concurrently, Anterix will be available throughout the day to meet with participating investors.