Aggregated price index
Aggregated price index with volume information
Summary:
- Battery stocks up 0.3% on average while median return up 0.4% in a day
- Battery stocks up 1.2% on average while median return up -1.0% in a week
- Battery stocks down 4.4% on average while median return down 2.6% 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 $TSLA 7.5%, $ENR 6.9%, $SQM 2.3%
- 1M losers are : Losers for past month are $ALB -2.6%, $QS -13.8%, $ENPH -30.0%
- 1W winners are : Winners for past week are $SQM 13.2%, $TSLA 2.2%, $ENR 0.5%
- 1W losers are : Losers for past week are $QS -1.6%, $ENPH -1.6%, $JCI -3.4%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 35.1%, for the past 3 months is 22.6%
In the past month for a 5 days rolling window, the highest corrrelation is 77.8%, the lowest correlation is -1.1%, the latest correlation is 40.6%
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 67.6% between ENPH and TSLA
The lowest correlation is -3.0% between JCI and QS
Stock news
Investment company Culbertson A N & Co Inc (Current Portfolio) buys The Travelers Inc, WisdomTree U.S.
Exxon Mobil Corp., STMicroelectronics N.V., The Charles Schwab Corp., Albemarle Corp. and Interactive Brokers Group Inc are included in this analyst blog.
Universal Stainless (USAP) raises the price of products to negate the impact of inflationary cost increases on nearly all areas of its business.
SQM (SQM) closed at $55.55 in the latest trading session, marking a -0.14% move from the prior day.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Energizer Holdings, Inc.Global Credit Research - 13 Jan 2022New York, January 13, 2022 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Energizer Holdings, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 5 January 2022 in which Moody's reassessed the appropriaten...
Albemarle Corporation (NYSE: ALB), a global leader in advanced lithium materials, and 6K, an emerging leader of microwave-controlled plasma technology, today announced they have signed a joint development agreement (JDA) to explore the use of 6K's patented UniMelt® advanced, sustainable materials production platform to develop novel lithium battery materials through potentially disruptive manufacturing processes.
QuantumScape Corp (NYSE: QS) has signed a multi-year agreement with Fluence Energy Inc (NASDAQ: FLNC) to introduce solid-state lithium-metal battery technology to stationary energy storage applications. The financial terms were not disclosed. Along with the agreement, which reserves batteries produced at QuantumScape's pre-pilot production facility, QS-0, the companies will work together to validate and test QuantumScape solid-state battery cells for use in Fluence's proprietary stationary stora
Iamgold's (IAG) 2021 attributable gold production came in at 601,000 ounces. Attributable gold production is expected between 570,000 ounces and 640,000 ounces for 2022.
QuantumScape looks at applying its rechargeable battery technology into the market for stationary power applications.
Here is how Bunge (BG) and SQM (SQM) have performed compared to their sector so far this year.