Aggregated price index
Aggregated price index with volume information
Summary:
- Aircraft Manufacture and Service stocks down 0.6% on average while median return down 0.9% in a day
- Aircraft Manufacture and Service stocks down 4.5% on average while median return down 5.6% in a week
- Aircraft Manufacture and Service stocks down 17.4% on average while median return down 12.6% 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.
Click on + to show price series and click on ticker for stock detail page
* 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.
- 1M winners are : Winners for past month are
- 1M losers are : Losers for past month are $ERJ -19.3%, $SPCE -20.3%, $BA -24.4%, $SPR -27.2%, $BYRN -47.4%
- 1W winners are : Winners for past week are $TATT 2.5%
- 1W losers are : Losers for past week are $BYRN -6.5%, $RADA -6.6%, $BA -7.8%, $SPR -8.7%, $ERJ -11.2%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 29.1%, for the past 3 months is 25.7%
In the past month for a 5 days rolling window, the highest corrrelation is 57.3%, the lowest correlation is -1.8%, the latest correlation is 25.3%
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 80.2% between HEI and TDG
The lowest correlation is -56.6% between CVU and TATT
Stock news
In the latest trading session, Embraer (ERJ) closed at $10.65, marking a +1.53% move from the previous day.
ARLINGTON, Va., September 22, 2022--United States Army Awards AeroVironment $20.6 Million Switchblade 300 Tactical Missile Systems Contract
Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or the "Company") today announced that it will issue its financial results for its fiscal second quarter ended August 31, 2022 on Wednesday, October 5, 2022, before the financial markets open. Management will conduct a conference call that day at 9:00 am ET to review these results.
Special-purpose-acquisition vehicles, or SPACs, had been seen as the streamlined answer to the administrative morass that is a standard initial public offering. SPACs are no longer trendy. Star venture-capital investor Chamath Palihapitiya, an early executive at Facebook , almost three years ago helped make SPACs the buzzword in business circles.
Chamath Palihapitiya will wind down and return cash from the two special-purpose acquisition companies to shareholders after failing to find companies to take public.
In this article, we will look at the top 10 aerospace stock picks of Mario Gabelli’s GAMCO Investors. If you want to skip reading about Mario Gabelli’s hedge fund performance and why he is bullish on the aerospace sector, you can go directly to Top 5 Aerospace Stocks To Buy According To Billionaire Mario Gabelli’s […]
ARLINGTON, Va., September 20, 2022--AeroVironment Secures $20.86 Million in Puma 3 AE Unmanned Aircraft Systems Foreign Military Sales Awards for Allied Nations
Chamath Palihapitiya, one of the big boosters of special purpose acquisition companies, has thrown in the towel, returning $1.5bn to investors after failing to find targets. The former Facebook executive, who once labelled himself the Warren Buffett of his era, said two of his vehicles would liquidate, blaming valuations and volatility for his inability to find deals. Spacs are publicly traded vehicles that raise cash and then seek to acquire private companies.
Chamath Palihapitiya, backer of the Social Capital Hedosophia Holdings Corp. special-purpose acquisition corporations, or SPACs, said Tuesday he is winding down the two vehicles numbered IV and VI after failing to find a target company to acquire within the given time frame. In a regulatory filing, Palihapitiya, known as the 'SPAC King' for the number of vehicles he has launched, said he and his team evaluated more than 100 target companies, and "while we came close to doing a deal several times
ARLINGTON, Va., September 19, 2022--L3Harris and Embraer to Develop New Agile Tanker via KC-390 to Support U.S. Air Force Operational Imperatives