Aggregated price index
Aggregated price index with volume information
Summary:
- Auto Parts: OEM stocks up 1.3% on average while median return up 1.0% in a day
- Auto Parts: OEM stocks up 4.7% on average while median return up 3.7% in a week
- Auto Parts: OEM stocks up 19.3% on average while median return up 13.9% 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.
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 $CPS 100.9%, $HYLN 37.1%, $LI 34.4%, $WKHS 26.8%, $ADNT 23.8%
- 1M losers are : Losers for past month are $GTX -1.3%, $SYPR -8.2%
- 1W winners are : Winners for past week are $LI 18.3%, $CAAS 14.5%, $HYLN 11.5%, $STRT 10.4%, $SRI 6.6%
- 1W losers are : Losers for past week are $ADNT -0.6%, $THRM -0.7%, $SYPR -1.5%, $MGA -1.7%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 22.8%, for the past 3 months is 28.3%
In the past month for a 5 days rolling window, the highest corrrelation is 46.4%, the lowest correlation is 2.5%, the latest correlation is 18.3%
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 82.8% between BWA and DAN
The lowest correlation is -52.0% between ALV and SYPR
Stock news
Dana Incorporated (NYSE: DAN) will release its 2022 fourth-quarter and full-year financial results on Tuesday, Feb. 21, 2023. A press release will be issued at approximately 7 a.m. EST, followed by a conference call and webcast at 9 a.m. EST. Members of the company's senior management team will be available at that time to discuss the results and answer related questions.
Aptiv PLC (APTV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lear (LEA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
China Automotive Systems, Richardson Electronics and Tenaris are part of the Zacks Screen of the Week article.
Canada's main stock index edged slightly lower on Tuesday, pressured by a sharp drop in the shares of Magna International Inc and worries that higher borrowing costs would weigh on the corporate earnings outlook. The Toronto Stock Exchange's S&P/TSX composite index ended down 2.03 points at 20,629.55, after posting on Monday its highest closing level in more than seven months. "The issue for 2023 is going to be watching the lagged effects of the interest rate hikes that occurred last year," sa...
BERLIN— Ford Motor is in talks with Chinese electric-vehicle maker BYD over the sale of a manufacturing plant in Germany, according to people familiar with the discussions. Officials from Ford ‘s management in Germany are planning to travel to China next week to discuss the potential sale of a plant in Saarlouis, where vehicle production is slated to end in 2025. Ford produces its Focus compact model there.
Canada's main stock index fell on Tuesday, as energy and consumer discretionary stocks dragged the index lower ahead of the Bank of Canada's interest rate decision on Wednesday, while data showed U.S. business activity contracted. At 10:22 a.m. ET (1522 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 68.95 points, or 0.33%, at 20,562.63. Magna International slumped 8.6% after the automotive supplier cut its full-year adjusted EBIT margin outlook, bringing the consumer discr...
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Oshkosh (OSK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Adient (NYSE: ADNT), a global leader in automotive seating, today releases its 2022 Sustainability Report, which details how Adient continues to reduce the impact its business has on the environment.