Themes / Cluster
Inactive · established relationshipLatest completed snapshot · Aug 21 · 16:11 ET

MARKET-DISCOVERED GROUP

Telecom Services

THE TRADER READRecurring relationship, inactive in the latest snapshot

Price direction is split across 3 measured members. Capital-flow agreement is 46%, so the basket is not yet clean.

Price breadth2 up · 0 downRelative median unavailable
Capital-flow alignment46%Price breadth is not yet confirmed by flow
Activity nowCalmActivity score 5/100 · lift 0.8×
Evidence depth7 episodes19 observed active sessions
EVIDENCE CLOCK

What happened, in timestamp order

1 timed event
TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.
2 earlier filing context receipts

MON, APR 27LBRDA filing documented shared operating contextcapital investment / capacity affecting expense · date precision only

THU, JUL 23CHTR filing documented shared operating contextcapital investment / capacity affecting expense · date precision only

Headline times and retained activity confirmations are point-in-time evidence. Price order is inferred from aligned 5-minute bars. Filing evidence has date precision only and is context, not an intraday catalyst claim.

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations
Price sequence unavailableA timestamped price sequence is unavailable.
RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast
WHY THIS GROUP EXISTS

Shared filing context

3/3 members covered

Moderate filing support: the strongest shared 10-Q/K relation is capital investment / capacity affecting expense on expense across CHTR, LBRDA, LBRDK.

capital investment / capacity affecting expense

Depreciation and amortization expense increased $21 million and $51 million during the three and six months ended June 30, 2026, respectively, compared to the corresponding periods in 2025 primarily due to an increase in depreciation as a result of more recent capital expenditures, partly offset by certain assets becoming fully depreciated.

CHTR 10-Q · 2026-07-24
restructuring

The Company’s nonfinancial assets such as equity method investments, franchises, property, plant, and equipment, and other intangible assets are not measured at fair value on a recurring basis; however, they are subject to fair value adjustments in certain circumstances, such as when there is evidence that an impairment may exist.

CHTR 10-K · 2026-01-30
input costs affecting expense

Customer operations decreased $33 million during the nine months ended September 30, 2025 compared to the corresponding period in 2024 primarily due to lower labor costs, partly offset by higher bad debt expense.

CHTR 10-Q · 2025-10-31
CONFIRMATION NETWORK

Outsiders and cross-asset links

1 outsiders confirming

No qualified cross-asset lead/lag link is available for this group.

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

GLIBKMoving with group

LBRDA · text peer

CMCSANot confirming

LBRDA · text peer

CABONot confirming

LBRDA · text peer

OPTUNot confirming

LBRDA · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
CHTRLBRDKLBRDA

1/3 active2 rising · 0 falling · 1 flat

MemberUnusual activityToday's moveRead now
CHTRCharter Communications, Inc.
Most unusual · 100/100
+1.6%
Flow confirmerActive in 100% of observed group sessions
LBRDKLiberty Broadband Corporation
Quiet · 0/100
+0.1%
Watch / laggardActive in 100% of observed group sessions
LBRDALiberty Broadband Corporation
Quiet · 0/100
+0.0%
Watch / laggardActive in 100% of observed group sessions
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
CHTRCharter Communications, Inc.Most unusual+1.6%100% of 19 sessionsMost unusual activity in this snapshot; performance direction may differ.
LBRDKLiberty Broadband CorporationQuiet / lagging+0.1%100% of 19 sessionsNot participating yet; a breadth test or a genuine divergence.
LBRDALiberty Broadband CorporationQuiet / lagging+0.0%100% of 19 sessionsNot participating yet; a breadth test or a genuine divergence.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome
POINT-IN-TIME LIVE OUTCOMES

Early observed follow-through

3/3 events completed
30 minutes-0.14%33% continuation · n=3Median MFE +1.19% · MAE -1.67%
60 minutes+0.07%67% continuation · n=3Median MFE +1.19% · MAE -1.67%
Session close-0.10%33% continuation · n=3Median MFE +1.19% · MAE -1.67%
Next-session close-1.12%33% continuation · n=3Median MFE +1.19% · MAE -1.67%
Only point-in-time live watcher observations and conservative same-day EOD observations are included. Later backfills and replay runs are excluded.
moderate structural support

7 completed episodes across 19 active sessions provide moderate historical support. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support46 daysHow often the cohort identity was observed
Completed episodes7Separate periods of broad group activity
Active sessions19Completed session observations, not trades
2026-08-17 → 2026-08-193 active sessions60% composition consistency through the episode
2026-08-121 active session100% composition consistency through the episode
2026-08-03 → 2026-08-042 active sessions100% composition consistency through the episode
2026-07-16 → 2026-07-297 active sessions100% composition consistency through the episode
2026-06-29 → 2026-07-024 active sessions100% composition consistency through the episode
2026-06-171 active session100% composition consistency through the episode
MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS
CHTR100% · 7 episodes
LBRDA100% · 7 episodes
LBRDK100% · 7 episodes