Aggregated price index with volume information
Summary:
- Online Lending Platform stocks down 1.1% on average while median return down 1.2% in a day
- Online Lending Platform stocks up 2.9% on average while median return up 7.6% in a week
- Online Lending Platform stocks down 4.2% on average while median return down 3.0% 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.
- 1M winners are : Winners for past month are $ENVA 4.7%
- 1M losers are : Losers for past month are $FPAY -14.5%
- 1W winners are : Winners for past week are $ENVA 7.7%
- 1W losers are : Losers for past week are $FPAY -6.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 4.3%, for the past 3 months is 8.5%
In the past month for a 5 days rolling window, the highest corrrelation is 35.6%, the lowest correlation is -27.4%, the latest correlation is 27.3%
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 66.0% between ENVA and LC
The lowest correlation is -46.8% between ELVT and LC
Enova International, Inc. (NYSE:ENVA) Q1 2024 Earnings Call Transcript April 23, 2024 Enova International, Inc. misses on earnings expectations. Reported EPS is $1.64 EPS, expectations were $1.71. ENVA isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and welcome […]
Q1 2024 Enova International Inc Earnings Call
Enova International (ENVA) delivered earnings and revenue surprises of 11.70% and 5.39%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Comprehensive Analysis of Enova's Latest Financial Performance
Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and world-class analytics, today announced financial results for the first quarter ended March 31, 2024.
Mr Cooper (COOP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Enova International (ENVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and world-class analytics, today announced the company's first quarter 2024 financial results will be released after the market close on Tuesday, April 23, 2024.
FPAY reports remarkable year-over-year growth in Q4, with gross profit up over 300% and a strong outlook for 2024.
Based on the average brokerage recommendation (ABR), Enova International (ENVA) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?