Aggregated price index with volume information
Summary:
- Agricultural Commodities/Milling stocks up 0.8% on average while median return up 1.0% in a day
- Agricultural Commodities/Milling stocks up 0.9% on average while median return up 1.8% in a week
- Agricultural Commodities/Milling stocks up 2.2% on average while median return up 6.9% 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 $SNDL 17.3%, $AVO 15.8%, $MGPI 12.7%, $ANDE 10.6%, $LMNR 9.6%
- 1M losers are : Losers for past month are $AGRO -2.6%, $VITL -21.9%, $ELAN -28.2%, $SEED -36.0%
- 1W winners are : Winners for past week are $SNDL 8.2%, $ALCO 7.2%, $ANDE 6.9%, $AVO 4.3%, $DAR 3.9%
- 1W losers are : Losers for past week are $ADM -0.3%, $OGI -1.2%, $LND -3.2%, $VITL -8.3%, $SEED -14.6%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 14.4%, for the past 3 months is 11.3%
In the past month for a 5 days rolling window, the highest corrrelation is 34.4%, the lowest correlation is -0.5%, the latest correlation is 34.4%
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 80.0% between ADM and BG
The lowest correlation is -47.6% between MGPI and SEED
Atmos Energy, NiSource, FirstEnergy, Kimberly-Clark and Limoneira are part of the Zacks top Analyst Blog.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Manufacturers, suppliers and technology companies alike set the tone for how the space will continue to evolve at one of the food industry's largest events of the year.
Stocks like Atmos Energy Corporation (ATO), NiSource Inc. (NI), FirstEnergy Corp. (FE), Kimberly-Clark Corporation (KMB) and Limoneira Company (LMNR) are safe bets during this ongoing market volatility.
Although the revenue and EPS for Darling (DAR) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Mike Leonard stressed the importance of working with experts before debuting new health focused products.
Darling (DAR) delivered earnings and revenue surprises of 25.64% and 0.24%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
IRVING, Texas (AP) — Darling Ingredients Inc. DAR) on Thursday reported second-quarter earnings of $78.9 million. On a per-share basis, the Irving, Texas-based company said it had net income of 49 cents.
Darling Ingredients Inc. (NYSE: DAR) today reported net income of $78.9 million, or $0.49 per diluted share for the second quarter of 2024, compared to net income of $252.4 million, or $1.55 per diluted share, for the second quarter of 2023. The decrease in net income was primarily due to a sharp year-over-year decline in fat prices and lower earnings within Diamond Green Diesel (DGD). The company also reported net sales of $1.5 billion for the second quarter of 2024, compared with net sales of
In the closing of the recent trading day, Archer Daniels Midland (ADM) stood at $62.65, denoting a +0.69% change from the preceding trading day.