Statistics of Price Movements of Iclick Interactive Asia Group Ltd ADR (ICLK)

The price movements of Iclick Interactive Asia Group Ltd ADR (ticker ICLK) are summarized in five ways:

• Table 1. Statistics of daily price changes using the closing prices
• Table 2. Statistics of daily price changes using the closing and opening prices
• Table 3 – 7. Statistics of daily price changes when ICLK opened with an increase of 1%, 2%, 3%, 4%, or more than 5%
• Table 8 – 10. Statistics of stock price changes in the 20 days after ICLK had a big price move
• Table 11. Statistics of daily price changes in the 20 days after ICLK moved 5% with twice the 30-day average volume

The statistics are calculated using ICLK's price data across 771 trading days from 2017 to 2020.

Table 1. Statistics of ICLK one-day price changes

In this table, the one-day price change is calculated using the closing price and the previous day's closing price.

In the past 771 trading days, 46.6% of the time (359 days), ICLK closed above the previous day's closing price. 46.0% of the time (354 days), it closed below the previous day's closing price. 7.4% of the time (57 days), it did not change.

Also see: VIX price movement study.

ICLK Price Change (%)	Number of Days	% of Total Sessions
14 – 15%	1	0.13%
13 – 14%	1	0.13%
12 – 13%	1	0.13%
11 – 12%	2	0.26%
10 – 11%	8	1.04%
9 – 10%	4	0.52%
8 – 9%	7	0.91%
7 – 8%	12	1.56%
6 – 7%	10	1.30%
5 – 6%	18	2.34%
4 – 5%	31	4.03%
3 – 4%	32	4.16%
2 – 3%	41	5.32%
1 – 2%	76	9.87%
0 – 1%	115	14.94%
0%	57	7.40%
0 – -1%	95	12.34%
-1 – -2%	90	11.69%
-2 – -3%	51	6.62%
-3 – -4%	40	5.19%
-4 – -5%	23	2.99%
-5 – -6%	17	2.21%
-6 – -7%	16	2.08%
-7 – -8%	4	0.52%
-8 – -9%	4	0.52%
-9 – -10%	4	0.52%
-10 – -11%	1	0.13%
-11 – -12%	2	0.26%
-12 – -13%	3	0.39%
-14 – -15%	2	0.26%
-15 – -16%	2	0.26%

Table 2. Statistics of ICLK: Closing vs. Open

In this table, instead of using the closing price of the previous day, the opening price is used to calculate the one-day price change of ICLK.

47.0% of the time (362 days), ICLK closed above the opening price. 46.7% of the time (360 days), it closed below the opening price. 6.4% of the time (49 days), it closed where it started.

Closing - Open (%)	Number of Days	% of Total Sessions
14 – 15%	1	0.13%
12 – 13%	2	0.26%
10 – 11%	6	0.78%
9 – 10%	3	0.39%
8 – 9%	10	1.30%
7 – 8%	15	1.95%
6 – 7%	12	1.56%
5 – 6%	19	2.46%
4 – 5%	17	2.20%
3 – 4%	34	4.41%
2 – 3%	54	7.00%
1 – 2%	76	9.86%
0 – 1%	113	14.66%
0%	49	6.36%
0 – -1%	98	12.71%
-1 – -2%	91	11.80%
-2 – -3%	47	6.10%
-3 – -4%	41	5.32%
-4 – -5%	27	3.50%
-5 – -6%	21	2.72%
-6 – -7%	9	1.17%
-7 – -8%	7	0.91%
-8 – -9%	4	0.52%
-9 – -10%	3	0.39%
-10 – -11%	4	0.52%
-11 – -12%	1	0.13%
-12 – -13%	1	0.13%
-13 – -14%	2	0.26%
-14 – -15%	3	0.39%
-15 – -16%	1	0.13%

Table 3. One-day performance when ICLK opened 5% higher than previous close

In the past 771 trading days, ICLK opened more than 5% higher than the previous day's closing price 7 times. Of these days, 28.6% (2 days) had closing prices above the opening price, and 71.4% (5 days) had closing prices below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
3 – 4%	1	14.29%
0 – 1%	1	14.29%
-1 – -2%	2	28.57%
-4 – -5%	1	14.29%
-5 – -6%	1	14.29%
-12 – -13%	1	14.29%

Table 4. Closing vs. open when ICLK opened 4–5% higher

On 3 days, ICLK opened 4–5% higher than the previous day's closing price. Of these days, 0.0% (0 days) had closing prices above the opening price, and 100.0% (3 days) had closing prices below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
-1 – -2%	1	33.33%
-3 – -4%	1	33.33%
-4 – -5%	1	33.33%

Table 5. Closing vs. open when ICLK open 3 – 4% higher

12 times ICLK opened 3 – 4% higher than the previous day's closing price. Among these days, 25.0% (3 days) closed above the opening price, 66.7% (8 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
8 – 9%	1	8.33%
3 – 4%	1	8.33%
1 – 2%	1	8.33%
0%	1	8.33%
0 – -1%	1	8.33%
-1 – -2%	1	8.33%
-2 – -3%	2	16.67%
-3 – -4%	1	8.33%
-4 – -5%	1	8.33%
-6 – -7%	2	16.67%

Table 6. Closing vs. open when ICLK open 2 – 3% higher

24 times ICLK opened 2 – 3% higher than the previous day's closing price. Among these days, 33.3% (8 days) closed above the opening price, 66.7% (16 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
7 – 8%	1	4.17%
2 – 3%	3	12.50%
1 – 2%	2	8.33%
0 – 1%	2	8.33%
0 – -1%	3	12.50%
-1 – -2%	2	8.33%
-3 – -4%	4	16.67%
-5 – -6%	3	12.50%
-7 – -8%	1	4.17%
-8 – -9%	1	4.17%
-10 – -11%	1	4.17%
-13 – -14%	1	4.17%

Table 7. Closing vs. open when ICLK open 1 – 2% higher

80 times ICLK opened 1 – 2% higher than the previous day's closing price. Among these days, 38.8% (31 days) closed above the opening price, 60.0% (48 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
10 – 11%	1	1.25%
8 – 9%	1	1.25%
7 – 8%	1	1.25%
6 – 7%	2	2.50%
5 – 6%	3	3.75%
3 – 4%	2	2.50%
2 – 3%	7	8.75%
1 – 2%	6	7.50%
0 – 1%	8	10.00%
0%	1	1.25%
0 – -1%	8	10.00%
-1 – -2%	18	22.50%
-2 – -3%	10	12.50%
-3 – -4%	5	6.25%
-4 – -5%	2	2.50%
-5 – -6%	3	3.75%
-6 – -7%	1	1.25%
-13 – -14%	1	1.25%

Table 8. Periods when ICLK moved 15% or more

In this table, we track the price movements in the 20 days after ICLK had a one-day price change of at least 15%.

Date	Price Change	Price Change after 15% Move
Days after:		1	4	7	10	13	16	19
20180626	-15.2%	5.2	13.9	16.3	15.6	19.8	19.4	24.4
20200127	-15.4%	13.3	23.6	15.9	25.6	21.6	28.9	44.2

Table 8b. ICLK average price changes following a 15% down day

Of the 771 trading days from 2017 to 2020, there were 2 days in which ICLK was down more than -15%. This table shows the average price changes over the 2 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -15%	9.3	18.8	16.1	20.6	20.7	24.2	34.3

Table 9. Periods when ICLK moved 10% or more

In this table, we track the price movements in the 20 days after ICLK had a one-day price change of at least 10%.

Date	Price Change	Price Change after 10% Move
Days after:		1	4	7	10	13	16	19
20181030	14.1%	4.3	14.3	15.2	15.8	14.9	13.7	13.7
20200128	13.2%	1.8	14.7	4.1	10.6	7.9	26.1	32.0
20190125	12.9%	10.5	27.7	16.9	20.9	20.2	25.3	18.9
20200824	11.6%	-1.2	-3.6	-12.1	-23.9	-22.3	-21.5	-25.3
20181005	11.1%	-3.5	-11.0	-9.3	-13.7	-24.5	-29.5	-9.8
20200219	10.8%	4.7	4.9	20.5	4.9	12.8	8.4	10.5
20200731	10.8%	8.3	10.1	7.2	9.6	24.1	37.6	35.3
20190129	10.7%	.5	-3.1	-2.7	.2	2.3	-3.1	-3.1
20190801	10.7%	-1.6	.0	-2.9	-21.3	-17.4	-16.6	-18.9
20190128	10.5%	10.7	12.7	8.2	11.1	15.3	13.3	12.5
20171226	10.4%	-4.4	-9.0	-.4	-4.9	-12.1	-18.4	-27.3
20200305	10.4%	-.4	.2	-5.2	-12.7	-14.7	-10.4	-8.8
20180228	10.2%	1.8	1.6	11.3	22.1	14.7	17.1	12.5
20190226	-10.7%	.8	-.8	-8.7	-9.3	-10.8	-4.6	-8.9
20201124	-11%
20200924	-11.6%	1.2	3.7	5.6	13.2	18.7	28.8	32.5
20200902	-12.4%	-6.0	-8.7	-10.1	-11.8	-14.1	-25.9	-24.0
20200302	-12.5%	5.5	9.5	10.2	4.2	-4.0	-6.2	-1.5
20190326	-12.9%	.8	2.1	-2.1	-4.2	1.6	2.4	4.7
20180209	-14%	7.7	19.0	15.4	16.9	30.8	27.9	46.7
20190814	-14.4%	-.7	4.3	5.3	2.3	4.0	5.0	-.3
20180626	-15.2%	5.2	13.9	16.3	15.6	19.8	19.4	24.4
20200127	-15.4%	13.3	23.6	15.9	25.6	21.6	28.9	44.2

Table 9a. ICLK average price changes following a 10% up day

Of the 771 trading days from 2017 to 2020, there were 13 days in which ICLK was up more than 10%. This table shows the average price changes over the 13 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ 10%	2.4	4.6	3.9	1.4	1.6	3.2	3.2

Table 9b. ICLK average price changes following a 10% down day

Of the 771 trading days from 2017 to 2020, there were 10 days in which ICLK was down more than -10%. This table shows the average price changes over the 10 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -10%	3.6	7.4	5.8	5.8	8.0	7.6	11.8

Table 10. Periods when ICLK moved 5% or more

In this table, we track the price movements in the 20 days after ICLK had a one-day price change of at least 5%.

Date	Price Change	Price Change after 5% Move
Days after:		1	4	7	10	13	16	19
20181030	14.1%	4.3	14.3	15.2	15.8	14.9	13.7	13.7
20200128	13.2%	1.8	14.7	4.1	10.6	7.9	26.1	32.0
20190125	12.9%	10.5	27.7	16.9	20.9	20.2	25.3	18.9
20200824	11.6%	-1.2	-3.6	-12.1	-23.9	-22.3	-21.5	-25.3
20181005	11.1%	-3.5	-11.0	-9.3	-13.7	-24.5	-29.5	-9.8
20200219	10.8%	4.7	4.9	20.5	4.9	12.8	8.4	10.5
20200731	10.8%	8.3	10.1	7.2	9.6	24.1	37.6	35.3
20190129	10.7%	.5	-3.1	-2.7	.2	2.3	-3.1	-3.1
20190801	10.7%	-1.6	.0	-2.9	-21.3	-17.4	-16.6	-18.9
20190128	10.5%	10.7	12.7	8.2	11.1	15.3	13.3	12.5
20171226	10.4%	-4.4	-9.0	-.4	-4.9	-12.1	-18.4	-27.3
20200305	10.4%	-.4	.2	-5.2	-12.7	-14.7	-10.4	-8.8
20180228	10.2%	1.8	1.6	11.3	22.1	14.7	17.1	12.5
20180629	9.6%	-2.0	.0	-.6	3.0	2.7	6.9	-6.6
20190401	9.5%	-1.8	-.8	2.2	.8	-.5	-1.0	-1.8
20200729	9.4%	-2.7	25.1	15.9	19.0	26.7	32.1	46.7
20190320	9.2%	-4.3	-17.0	-22.6	-14.8	-20.9	-14.3	-14.6
20190410	8.8%	-1.1	-1.4	-2.6	-.6	.1	-4.1	-1.6
20200721	8.7%	-.7	-1.6	7.0	37.6	27.5	30.9	39.4
20200818	8.6%	-2.8	7.8	5.9	8.2	-15.0	-16.4	-12.9
20201125	8.5%
20200803	8.2%	7.1	-.8	1.9	8.5	13.1	25.6	22.5
20200116	8.1%	4.5	1.1	-15.9	-1.4	3.1	6.7	3.9
20200228	8.1%	-12.5	-3.9	-1.0	-6.6	-10.2	-23.6	-13.3
20180430	7.8%	-4.2	-6.7	-9.5	-6.7	-12.1	-4.4	.1
20180212	7.6%	1.8	8.8	12.0	10.0	23.6	23.4	35.2
20200207	7.6%	-1.0	-4.2	1.6	13.6	22.0	18.6	30.4
20181101	7.4%	3.3	4.7	-1.1	3.9	-2.5	6.1	5.3
20180214	7.3%	1.1	-2.0	-.7	11.1	8.7	24.7	31.2
20200324	7.3%	6.8	5.4	4.2	5.4	4.5	3.5	5.4
20190228	7.2%	-3.8	-14.4	-15.0	-17.9	-19.2	-16.5	-26.1
20190918	7.1%	-3.8	-3.5	-3.8	-4.8	-4.8	-7.6	-7.0
20200804	7.1%	-5.1	-7.0	-5.6	10.1	6.3	17.7	13.7
20200817	7.1%	8.7	4.9	16.2	12.2	-3.3	-6.0	-7.5
20180307	7%	3.1	8.5	9.2	8.0	8.8	5.1	1.4
20190725	7%	-1.4	-6.0	-.3	.5	-3.6	-16.4	-10.4
20190509	6.9%	-7.0	-6.0	-10.6	-10.2	-10.6	-6.0	-7.7
20191112	6.8%	2.3	-4.1	-6.4	-6.4	-5.8	-4.9	-3.5
20200325	6.8%	-1.1	4.0	.2	-2.9	-3.3	3.5	-.9
20200416	6.8%	-3.4	-4.0	-6.4	-7.0	-3.2	.9	.2
20180129	6.7%	-.7	-12.2	-20.4	-28.8	-21.2	-23.7	-22.6
20180320	6.7%	-4.1	-3.4	-6.6	-10.0	-5.8	-9.4	-10.6
20180406	6.6%	2.9	-3.4	-4.3	-7.0	-3.8	3.1	-.5
20190521	6.1%	-.3	-3.6	-4.8	-1.5	-7.4	-6.9	-3.8
20190214	6%	-1.7	-6.9	-6.9	-10.2	-22.8	-24.7	-25.2
20200521	6%	-.4	-2.2	-3.3	-.6	3.1	1.1	.7
20180717	5.9%	-6.6	-2.7	-15.0	-17.8	-19.2	-13.6	-13.3
20200605	5.9%	-1.8	-6.1	-3.2	-7.4	-7.4	-7.7	-5.8
20200310	5.7%	-2.7	-8.0	-15.2	-17.2	-13.1	-11.5	-14.0
20180524	5.6%	-1.6	-4.0	-3.8	-3.2	-6.7	-13.0	-13.1
20181026	5.6%	-5.1	21.5	25.6	24.9	20.9	21.2	23.2
20190104	5.6%	.0	3.0	11.2	15.4	16.0	48.8	71.9
20180511	5.5%	-1.3	-7.1	1.0	5.9	3.3	3.5	4.2
20190114	5.5%	3.3	7.1	7.7	38.2	59.6	46.2	51.1
20191023	5.5%	-2.2	-3.4	-4.0	-4.3	-.6	-.6	.3
20200303	5.5%	-5.6	1.5	-2.5	-.6	-11.3	-5.0	-6.3
20200909	5.5%	-3.4	.6	-2.0	-9.2	-17.7	-14.1	-11.2
20200218	5.4%	10.8	16.0	23.5	23.2	27.8	28.6	21.6
20200131	5.3%	5.1	-4.6	1.3	-1.1	15.6	21.0	28.8
20200331	5.3%	-3.8	-6.6	-5.9	-10.6	-3.8	-4.4	-6.8
20180627	5.2%	.8	9.1	11.4	9.3	14.7	18.2	11.4
20180522	5.1%	.8	4.8	3.9	3.0	1.8	-7.0	-5.7
20190110	5.1%	-.9	9.2	12.1	15.8	60.1	62.9	56.3
20200203	5.1%	-5.6	-2.3	-4.9	-5.9	15.1	15.3	32.5
20181024	-5%	-7.0	6.6	23.5	25.2	18.2	24.2	16.6
20181029	-5%	14.2	32.3	34.0	26.6	33.0	24.8	35.8
20200921	-5%	1.1	-12.7	-10.6	-9.0	-2.4	2.3	11.0
20180403	-5.1%	-1.1	7.7	1.1	.1	-2.7	.7	7.9
20190523	-5.1%	1.9	3.0	2.2	.6	-2.1	4.3	1.1
20200805	-5.1%	.0	-2.6	-.4	12.8	25.0	22.9	25.5
20180726	-5.2%	3.4	-1.9	-3.4	2.9	-.3	-2.4	2.2
20190220	-5.2%	.2	-10.7	-7.2	-17.4	-18.0	-20.7	-22.0
20200205	-5.4%	1.7	8.0	5.4	23.2	28.9	37.2	37.0
20180515	-5.5%	1.0	3.1	15.4	18.4	13.3	10.9	10.2
20190520	-5.5%	6.2	2.4	3.5	2.7	1.1	-1.6	4.8
20180803	-5.6%	1.6	8.2	4.8	2.7	7.4	2.8	3.2
20200204	-5.6%	-5.4	2.4	-.8	5.1	17.6	26.3	22.8
20200304	-5.6%	10.4	13.7	7.3	3.1	-12.2	-.4	4.7
20200528	-5.6%	4.4	7.0	12.2	7.2	10.6	5.8	5.8
20180724	-5.7%	-2.2	-7.8	-6.6	-9.7	-3.9	-8.8	-9.2
20190408	-5.9%	.5	6.6	7.4	9.9	4.9	7.7	6.3
20180420	-6%	.1	2.7	6.2	3.4	.3	3.4	-2.6
20200903	-6%	-4.5	-6.1	-2.2	-4.7	-11.8	-20.0	-16.5
20201110	-6%	4.1	3.1	5.5	-5.9	2.1	3.0	1.4
20190305	-6.2%	-.4	-1.1	-4.5	-6.0	-2.9	-14.1	-12.9
20180530	-6.3%	1.6	.8	-.4	-9.0	-7.7	-9.4	-30.9
20180613	-6.3%	1.4	-1.3	-.6	-20.1	-13.5	-11.7	-12.2
20191230	-6.4%	.6	2.8	2.5	3.1	11.9	15.3	11.2
20200319	-6.4%	-2.5	4.4	3.0	1.8	3.0	2.1	1.1
20200713	-6.4%	-.7	3.9	13.9	12.7	22.7	57.7	46.1
20180718	-6.5%	4.1	-1.8	-6.0	-10.7	-12.1	-6.4	-9.4
20180927	-6.6%	.0	-3.6	-1.0	-8.7	-6.9	-11.5	-22.6
20200312	-6.6%	3.9	-.2	-15.0	-3.6	1.3	-2.4	-5.4
20200323	-6.6%	7.3	12.6	14.6	11.4	12.1	6.6	14.6
20180111	-6.9%	.3	-6.9	-17.0	-17.3	-10.4	-20.8	-28.1
20181025	-6.9%	5.7	19.6	31.0	32.0	32.7	31.7	30.2
20190510	-6.9%	.3	1.7	2.1	-1.6	-.5	-1.3	-2.8
20200520	-7.2%	6.1	7.3	2.2	4.7	9.8	4.9	8.2
20181018	-7.7%	3.3	-9.6	-15.6	8.1	11.7	11.1	7.5
20181023	-7.8%	-5.0	-11.3	13.5	17.3	16.7	12.9	13.2
20180907	-7.9%	-1.8	-1.6	-14.7	-15.5	-18.0	-23.9	-29.4
20180116	-8.4%	1.4	-9.6	-10.0	-2.4	-13.7	-21.8	-30.0
20190329	-8.4%	9.6	5.1	2.8	9.0	9.8	12.4	7.3
20191114	-8.5%	1.2	1.9	-1.2	.3	.9	2.5	-.6
20180201	-8.7%	-3.2	-12.2	-21.5	-13.2	-15.8	-14.7	-4.6
20180118	-9%	-2.4	-2.8	6.5	-3.4	-12.5	-29.5	-17.1
20180918	-9.7%	.2	-1.4	-10.3	-12.2	-8.0	-15.9	-14.9
20180205	-9.8%	3.9	-16.4	-1.6	-2.1	-2.3	-.8	8.4
20180625	-9.9%	-15.2	-1.4	-2.6	-1.7	-2.5	8.4	5.6
20190226	-10.7%	.8	-.8	-8.7	-9.3	-10.8	-4.6	-8.9
20201124	-11%
20200924	-11.6%	1.2	3.7	5.6	13.2	18.7	28.8	32.5
20200902	-12.4%	-6.0	-8.7	-10.1	-11.8	-14.1	-25.9	-24.0
20200302	-12.5%	5.5	9.5	10.2	4.2	-4.0	-6.2	-1.5
20190326	-12.9%	.8	2.1	-2.1	-4.2	1.6	2.4	4.7
20180209	-14%	7.7	19.0	15.4	16.9	30.8	27.9	46.7
20190814	-14.4%	-.7	4.3	5.3	2.3	4.0	5.0	-.3
20180626	-15.2%	5.2	13.9	16.3	15.6	19.8	19.4	24.4
20200127	-15.4%	13.3	23.6	15.9	25.6	21.6	28.9	44.2

Table 10a. ICLK average price changes following a 5% up day

Of the 771 trading days from 2017 to 2020, there were 64 days in which ICLK was up more than 5%. This table shows the average price changes over the 64 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ 5%	-.2	.6	.3	1.5	2.4	4.0	5.1

Table 10b. ICLK average price changes following a 5% down day

Of the 771 trading days from 2017 to 2020, there were 55 days in which ICLK was down more than -5%. This table shows the average price changes over the 55 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -5%	1.6	2.2	2.3	2.3	3.5	3.3	3.6

28 stocks with statistics: AAPL, AMD, AMZN, APPN, AZN, BA, BAC, BIIB, CRM, CSCO, CX, DIS, FB, GE, GM, GOOG, IBM, INTC, JPM, JPM, MSFT, MU, NFLX, O, QQQ, SPY, T, TSLA,

Also see: VIX price movement study.