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Aircraft Engine and Engine Parts Manufacturing Stocks$105.05
-0.47%4:00PM 03/22/2023
The list of companies include AIR-AAR Corp., B-Barnes Group Inc., GE-General Electric Co., HON-Honeywell International Inc, RTX-Raytheon Technologies Corporation
Latest intraday update before market close @ 17:44:50 PM 03/23/2023
Summary :
Average return is down -0.2%
Median return is down -0.1%
2 out of 5 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Aircraft Engine and Engine Parts Manufacturing stocks down 0.5% on average while median return down 1.3% in a day
  • Aircraft Engine and Engine Parts Manufacturing stocks up 2.0% on average while median return up 0.7% in a week
  • Aircraft Engine and Engine Parts Manufacturing stocks down 3.0% on average while median return down 3.9% 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.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
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 %)
AIR5.0%
8.9%
3.4%
21.54.41.480.861122%1.9B4%93%59\/-/At resistance3330.1%
B-1.1%
0.7%
-9.9%
144.712.651.912.36-35%1.9B1%89%34\/\/At support1670.2%
RTX-1.3%
0.9%
-3.9%
27.630.92.15141.7B1%80%46\/\/At support930.1%
HON-2.1%
-0.5%
-4.9%
25.752.278.214.52-10%125.1B1%77%38\/\/Below support1670.1%
GE-2.8%
-0.2%
8.9%
-154217.43.341.4597.6B1%65%57\-/620.5%

* 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.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are $GE 8.9%, $AIR 3.4%
  • 1M losers are : Losers for past month are $HON -4.9%, $B -9.9%
  • 1W winners are : Winners for past week are $AIR 8.9%, $RTX 0.9%
  • 1W losers are : Losers for past week are $GE -0.2%, $HON -0.5%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 39.5%, for the past 3 months is 42.9%

In the past month for a 5 days rolling window, the highest corrrelation is 82.5%, the lowest correlation is -16.5%, the latest correlation is 56.2%

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 75.6% between HON and RTX

The lowest correlation is 13.4% between AIR and GE

Stock news

    03/21/2023HON
    Honeywell International Inc. (HON) Gains But Lags Market: What You Should Know

    Honeywell International Inc. (HON) closed at $191.16 in the latest trading session, marking a +0.67% move from the prior day.

    03/21/2023GE
    BWXT Pockets Engineering Contract From GE Hitachi For Small Modular Reactor

    BWX Technologies Inc (NYSE: BWXT) has secured an engineering contract from GE Hitachi Nuclear Energy (GEH) for its BWRX-300 small modular reactor (SMR) reactor pressure vessel (RPV). Financial terms were not disclosed. Established in 2007, GEH is a global nuclear alliance created by General Electric Company (NYSE: GE) and Hitachi Ltd. (OTC: HTHIY) to serve the global nuclear industry. This announcement is subsequent to a teaming agreement entered in 2021 to cooperate on engineering and procureme

    03/20/2023AIR
    AAR Buys Miami-Based Aircraft MRO & Fleet Management Software Provider Trax For $120M Plus Earn-Out

    AAR Corp (NYSE: AIR) has acquired Trax USA Corp., an independent provider of aircraft MRO and fleet management software, for $120 million, plus up to a $20 million earn-out payment. Trax offers critical software applications to a diverse global customer base of airlines, MROs, and government aircraft operators supporting approximately 5,000 aircraft. It is headquartered in Miami with ~110 employees. Trax adds established, higher-margin aviation aftermarket software offerings with recurring reven

    03/20/2023GE
    11 Best Alternative Fuel Stocks To Buy Right Now

    In this article, we discuss the 11 best alternative fuel stocks to buy right now. To skip the industry analysis and the recent market behavior around the stocks, go directly to the 5 Best Alternative Fuel Stocks To Buy Right Now. The alternative fuel or renewable energy industry is one of the trending industries in […]

    03/20/2023AIR
    Will Segmental Sales Boost AAR Corp. (AIR) Q3 Earnings?

    AAR Corp. (AIR) Q3 results are likely to reflect a strong sales performance across its segments.

    03/20/2023AIR
    AAR acquires Trax, a leading provider of aircraft MRO and fleet management software

    •Accelerates AAR’s strategy to offer digital solutions to aftermarket customers •Adds higher-margin services offering with intellectual property and recurring revenue•Expected to be accretive to Adjusted EPS in first full yearWood Dale, Illinois, March 20, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has acquired Trax USA Corp., a leading independent provider of aircraft MRO and fleet management so

    03/20/2023GE
    Wall Street Is Bullish on GE HealthCare as It Invests in AI

    GE HealthCare Technologies (NASDAQ: GEHC), the new medical device spinoff from General Electric, appears to be a darling of the market both before and after reporting revenues of $18.3 billion in 2022, up 4% year over year, and $4.9 billion in the fourth quarter, an 8% increase over the year-ago period. Investors may be loving GE HealthCare's push into artificial intelligence, exemplified by its Feb. 9 announcement that it is buying Caption Health, Inc., a privately owned AI healthcare company ...

    03/19/2023GE
    15 Best Augmented Reality Stocks to Buy Now

    In this piece, we will take a look at the 15 best augmented reality stocks to buy now. For more stocks, head on over to 5 Best Augmented Reality Stocks to Buy Now. Augmented reality is set to revolutionize the ways we interact with our surroundings. Most folks often confuse augmented reality with virtual reality, […]

    03/18/2023AIR
    10 Most Undervalued Defense Stocks To Buy According To Hedge Funds

    In this article, we will take a look at the 10 most undervalued defense stocks to buy according to hedge funds. To see more such companies, go directly to 5 Most Undervalued Defense Stocks To Buy According To Hedge Funds. The Russian invasion of Ukraine and President Biden’s pledge to continue helping Ukraine against the […]

    03/17/2023HON
    13 Best Automation Stocks To Buy Now

    In this piece, we will take a look at the 13 best automation stocks to buy now. For more stocks, head on over to 5 Best Automation Stocks to Buy Now. From the palm of your hand, to your refrigerator, and your car, technology is everywhere. Alongside disrupting consumers’ lives, tech has also transformed industries […]