Movies & Entertainment
Performance has been robust for this group, rising on a relative strength basis since the end of 2017. Its diverse mix of constituents equates to a group that, overall, is middle-of-road in terms of beta and volatility relative to other industries. These dynamics have contributed to its solid relative returns across diverging market environments of late.
Movies & Entertainment & Broadcasting’s Group Selection (GS) Score has been steadily improving of late; it rose to High Neutral in March and pushed up to Attractive two months ago. Currently a member of the Consumer Discretionary sector, this is a less-correlated option to the many retail industries also currently ranking strongly among the Discretionary components.
Movies & Entertain & Broadcast and Department Stores are this week's best groups. Industrial Conglomerates and Diversified Metals & Mining are this week's worst groups.
Movies & Entertain & Broadcast and Health Care Supplies are this week's best groups. Regional Banks and Oil & Gas Drilling are this week's worst groups.
Movies & Entertainment & Broadcast and Steel were this week's best groups. Tobacco and Oil & Gas Equipment & Services were this week's worst groups.
Movies & Entertainment and Research & Consulting Services were this week's best groups and Oil & Gas Exploration & Production and Diversified Metals & Mining were this week's worst groups.