MARKET COMPOSITE
Theater Stocks28-00-2024 20:00:00 PM
Price
$60.54
-2.02%
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 @ 19:45:14 PM 03/28/2024
Summary
:
Average return is down -2.3%
Median return is down -0.2%
2 out of 5 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
AMC -14.2%CNK -0.9%IMAX -0.2%MCS + 0.4%RDI + 3.4%

Aggregated price index with volume information

Summary:

  • Theater stocks down 2.0% on average while median return down -0.1% in a day
  • Theater stocks down 1.9% on average while median return down 0.0% in a week
  • Theater stocks down 2.2% on average while median return down 3.6% 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 %)
RDI4.0%
0.0%
2.8%
-1.351.563.5163.3M1%45%51\110-0.1%
MCS0.7%
-0.3%
-3.6%
39.51-0.711.475.72352.3M25%107%49\/\-435-0.0%
IMAX0.1%
0.7%
-7.8%
35.2-1.453.649.10856.2M7%77%53\/\/\218-0.0%
CNK-0.6%
0.9%
4.5%
14.73-1.854.9910.452.2B30%92%58\/\-4350.0%
AMC-14.3%
-11.4%
-25.5%
-1.570.0159.40979.4M21%23%35\81-1.1%
* 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 $CNK 4.5%, $RDI 2.8%
  • 1M losers are : Losers for past month are $IMAX -7.8%, $AMC -25.5%
  • 1W winners are : Winners for past week are $CNK 0.9%, $IMAX 0.7%
  • 1W losers are : Losers for past week are $MCS -0.3%, $AMC -11.4%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 17.5%, for the past 3 months is 28.8%

In the past month for a 5 days rolling window, the highest corrrelation is 51.7%, the lowest correlation is -17.2%, the latest correlation is 34.5%

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 60.3% between IMAX and MCS

The lowest correlation is -26.6% between CNK and RDI

Stock news

    AMC Entertainment (AMC) shares are trading lower Thursday afternoon after the company filed to sell up to $250 million worth of its stock. The movie theater chain is looking to strengthen its balance sheet, using the proceeds from the stock sales to pay down debt. AMC also indicated that last year's Hollywood strikes impacted the box office in the first quarter. Akiko Fujita and Josh Lipton break down the latest developments for the movie theater chain.  For more expert insight and the latest ma...

    **RH (RH)**: The furniture retailer forecast customer demand would pick up this year as interest rates ease. RH stock jumped 16%, on track for it highest close since September. **Walgreens Boots Alliance (WBA)**: The pharmacy giant booked a steep quarterly loss, reflecting a writedown on its VillageMD unit, but its adjusted earnings trumped Wall Street's expectations.

    The movie-theater chain says it will sell up to $250 million of stock through an at-the-market offering.

    Imax (IMAX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

    Reddit and Trump Media are the first notable social media companies to begin trading publicly in the last five years. Meme stocks are typically shares in companies whose underlying business fails to justify a surge in their price. The action is often driven by small investors who for some reason pile into a stock, be it belief that a struggling company can turn itself around, a disdain for so-called short sellers — or fidelity to a former president.

    (Bloomberg) -- Senior lenders to AMC Entertainment Holdings Inc., the money-losing theater chain, met by phone Friday to discuss ways to bolster the company’s balance sheet, according to people with knowledge of the matter. Most Read from BloombergUS Homebuyers Expecting $10,000 Savings Face Tough RealityHarassment and Drugs Plagued a Citigroup Division for YearsFed’s Powell Ready to Support Job Market, Even If It Means Lingering InflationGucci’s China Shock Reverberates Across the Luxury Landsc

    MILWAUKEE, March 22, 2024--Marcus Theatres®, a division of The Marcus Corporation (NYSE: MCS) is thrilled to announce that Marcus Majestic Cinema in Brookfield, Wisconsin, will be one of only 13 theatres in the United States – and the only theatre in Wisconsin – to host The Skywalker Saga: The May the 4th Marathon.

    The NBC television network will extend its live coverage of the 2024 Paris Olympics Opening Ceremony to IMAX (NYSE: IMAX) locations nationwide on Friday, July 26 — the first time ever the global event will be presented live in IMAX, it was announced today.

    Reddit co-founder and CEO Steve Huffman says profits are in view as the tech company finally goes public.

    Reddit debuted on the New York Stock Exchange on Thursday. The platform has been around since 2005, but it gained increased recognition during the meme frenzy in 2021.