Aggregated price index
Aggregated price index with volume information
Summary:
- Boeing and Suppliers stocks down 1.7% on average while median return down 1.0% in a day
- Boeing and Suppliers stocks down 4.7% on average while median return down 3.6% in a week
- Boeing and Suppliers stocks down 22.9% on average while median return down 24.4% 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 $SPR -27.2%, $TGI -33.9%
- 1W winners are : Winners for past week are
- 1W losers are : Losers for past week are $BA -7.8%, $SPR -8.7%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 72.7%, for the past 3 months is 65.7%
In the past month for a 5 days rolling window, the highest corrrelation is 95.5%, the lowest correlation is 31.7%, the latest correlation is 88.2%
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 80.7% between BA and HXL
The lowest correlation is 63.3% between HXL and TGI
Stock news
The top Republican on the Senate Commerce Committee has proposed extending the deadline for Boeing to win approval for two new variants of the 737 MAX until September 2024. Boeing faces a December deadline to win approval from the Federal Aviation Administration (FAA) of the 737 MAX 7 and 10 variants, or it must meet new modern cockpit-alerting requirements that could significantly delay the planes entry into service. Boeing shares fell 3.4% on Friday.
It’s time for Washington to stand up to Boeing—and put an end to the company’s 'profit over safety' mind-set, says former senior manager.
Lockheed Martin Corp. said late Friday its board approved a 7% hike to the aerospace and defense company's dividend. The company said it will pay a $3-a-share dividend, up from a previous $2.80 a share, on Dec. 30, to shareholders of record as of Dec. 1. Shares of Lockheed Martin are up 8.7% for the year, compared with a 25% decline on the S&P 500 index . Lockheed Martin not only makes the High Mobility Artillery Rocket Systems, or HIMARS, but partners with Raytheon Technologies Corp. to make th
The Seattle Times reports that Republican Sen. Roger Wicker has filed an amendment that would give Boeing needed breathing room on its newest MAX jets.
Airplane manufacturer Boeing has turned lower in the past four weeks and is now taking aim at its May/June lows. Will the shares make a double-bottom pattern or will they continue to sink to new lows? Let's review the condition of the charts and indicators for an answer.
Raytheon (RTX) is going to procure 129 items to support the APG-79 AESA radar system installed on the F/A-18 aircraft.
Stock futures bounce to close out brutal September trading; Inflation back in focus as Fed steps-up rate hike rhetoric; Nike shares crushed as inventory bloat set to hammer margins; Micron shares jump as Japan deal offsets muted outlook and Boeing faces tight timeline for 737 MAX certification.
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company")
Under the deal, WestJet Airlines will buy 42 of Boeing's largest single-aisle aircraft, with options for another 22.