Aggregated price index
Aggregated price index with volume information
Summary:
- Apparel/Footwear stocks down 2.2% on average while median return down 2.0% in a day
- Apparel/Footwear stocks down 1.5% on average while median return down -0.5% in a week
- Apparel/Footwear stocks down 8.3% on average while median return down 2.1% 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 $KTB 12.1%, $GIL 10.8%, $WWW 10.4%, $DECK 8.5%, $VRA 8.4%
- 1M losers are : Losers for past month are $RCKY -15.5%, $CAL -17.0%, $VFC -19.2%, $SGC -33.5%, $TBLT -41.2%
- 1W winners are : Winners for past week are $UA 8.9%, $UAA 8.3%, $DECK 6.6%, $MEME 6.5%, $VRA 6.1%
- 1W losers are : Losers for past week are $GES -7.3%, $CAL -8.4%, $DLTH -9.2%, $SGC -19.6%, $TBLT -33.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 39.0%, for the past 3 months is 36.7%
In the past month for a 5 days rolling window, the highest corrrelation is 59.9%, the lowest correlation is 22.2%, the latest correlation is 49.3%
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 99.4% between UA and UAA
The lowest correlation is -41.5% between VFC and VNCE
Stock news
The stock market turned red following the Federal Reserve's policy announcement Wednesday afternoon.
Videogame retailer GameStop reports a surprise fiscal fourth-quarter profit, while Carvana says it anticipates a narrower-than-expected adjusted loss for its fiscal first quarter.
SAN FRANCISCO, March 22, 2023--Levi Strauss & Co. (NYSE: LEVI) today announced changes to the Legal leadership team.
Key Insights Levi Strauss' significant insider ownership suggests inherent interests in company's expansion A total of...
Check the Stock Market Today column to spot changes in market trend and track the best stocks to buy and watch.
The stock market remained quiet midday Wednesday as investors waited to see if banking woes will cause the Fed to shift its stance on interest rates. GameStop's profitable quarter sparked a rally in meme stocks.
Performance lifestyle footwear maker Deckers Outdoor has been in an uptrend. Let's check out the charts and indicators to see if they need to rest or can rally further. In this daily bar chart of DECK, below, I can see that prices have nearly doubled from their May nadir.
Nike released the firm's fiscal third quarter financial results on Tuesday afternoon. For the three month period ended February 28th, Nike posted GAAP EPS of $0.79 on revenue of $12.39B. Cost of sales increased 21% to $7.019B, bringing gross profit up 6% to $5.371B and gross margin down to 43.3% from 46.6% for the year ago comp.
Investors have been in a good mood so far this week, but everything can change when the Federal Reserve is poised to make a pronouncement on monetary policy. The Fed will give its latest guidance on interest rates on Wednesday afternoon, and in advance of the central bank's release, markets didn't move much. The Dow Jones Industrial Average (DJINDICES: ^DJI) was down about 0.1% shortly after the beginning of the regular trading session Wednesday morning.
The Dow Jones fell Wednesday ahead of the Federal Reserve's rate decision and Fed Chair Powell's comments. GameStop rocketed on earnings.