Aggregated price index with volume information
Summary:
- Apparel/Footwear Retail stocks up 1.6% on average while median return up 1.2% in a day
- Apparel/Footwear Retail stocks up 2.4% on average while median return up 2.8% in a week
- Apparel/Footwear Retail stocks down 6.1% on average while median return down 9.1% 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.
- 1M winners are : Winners for past month are $LE 29.6%, $BOOT 18.0%, $ZUMZ 14.4%, $ANF 0.6%
- 1M losers are : Losers for past month are $CPRI -21.5%, $GPS -21.8%, $CATO -21.9%, $FL -22.9%, $PLCE -42.8%
- 1W winners are : Winners for past week are $ZUMZ 11.6%, $ANF 10.6%, $DBI 9.8%, $URBN 9.6%, $AEO 9.0%
- 1W losers are : Losers for past week are $TPR -1.4%, $CRI -2.4%, $CPRI -7.8%, $CATO -8.7%, $PLCE -14.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 37.4%, for the past 3 months is 27.7%
In the past month for a 5 days rolling window, the highest corrrelation is 49.7%, the lowest correlation is 9.7%, the latest correlation is 21.2%
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 83.0% between AEO and BURL
The lowest correlation is -35.5% between MOGU and TJX
Sketchers' (SKX) Q1 results gain from increased demand for comfort technology and advantageous pricing, with a strategic focus on global expansion and achieving a $10-billion sales target by 2026.
The majority of the CEO’s compensation came in the form of stock awards and options.
The retailer's shares are trading at a significant discount to the broader market, but the company faces key headwinds
Columbia Sportswear's (COLM) first-quarter 2024 results reflect the impacts of soft demand and a tough operating environment. However, management raises the 2024 EPS view.
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Here is how Abercrombie & Fitch (ANF) and AutoZone (AZO) have performed compared to their sector so far this year.
The Children's Place (PLCE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Inter Parfums' (IPAR) U.S.-based operations witness remarkable 18% sales growth in the first quarter, primarily driven by the Donna Karan/DKNY and GUESS products.
Written by Brigid Hogan NORTHAMPTON, MA / ACCESSWIRE / April 26, 2024 / Tapestry, Inc. Originally published by Built In Imagine for a moment that you're facing down your closet and getting ready to leave the house. Whether you're choosing a bag that ...