Aggregated price index
Aggregated price index with volume information
Summary:
- Casino stocks up 0.8% on average while median return up 0.8% in a day
- Casino stocks up 2.9% on average while median return up -3.3% in a week
- Casino stocks up 3.2% on average while median return up -5.0% 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 $CHDN 118.5%, $GDEN 5.2%, $FLL 5.1%
- 1M losers are : Losers for past month are $VICI -8.3%, $LVS -9.4%, $GLU -9.5%, $MLCO -13.3%, $PENN -13.7%
- 1W winners are : Winners for past week are $CHDN 90.4%, $GDEN 6.3%, $PENN 4.5%
- 1W losers are : Losers for past week are $BJK -4.5%, $MGM -4.9%, $LVS -6.8%, $WYNN -8.3%, $FLL -10.4%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 39.4%, for the past 3 months is 38.9%
In the past month for a 5 days rolling window, the highest corrrelation is 62.3%, the lowest correlation is 1.9%, the latest correlation is 36.0%
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 90.5% between LVS and WYNN
The lowest correlation is -60.0% between CHDN and LVS
Stock news
Leggett (LEG) is benefiting from its long-term strategic plan amid ongoing industry challenges.
Hyatt (H) unveils its 13th property in Texas with the opening of Hyatt Regency Baytown-Houston and Hyatt Regency Conroe.
Royal Caribbean (RCL) focuses on commercial engine enhancements to drive growth. Also, improvement in the pricing environment bode well.
Las Vegas Sands (LVS) benefits from Macau's recovery on the back of resilient customer demand and spending.
Norwegian Cruise's (NCLH) emphasis on onboard revenue generation bodes well. However, volatility in inflation, rising fuel prices and rising interest rates are a concern.
MGM Resorts (MGM) benefits from increased business volumes and travel activity, primarily at MGM China and Las Vegas Strip Resorts.
The Londoner® Macao was thrilled to host a grand celebration tonight to honor the completion of the integrated resort's ambitious redesign and usher the Cotai Strip into a new chapter.
The Londoner® Macao was thrilled to host a grand celebration tonight to honor the completion of the integrated resort's ambitious redesign and usher the Cotai Strip into a new chapter.
Ralph Lauren's (RL) Q4 results benefit from robust demand and brand strength. However, muted consumer spending, inflation and currency woes are concerning.
Las Vegas Sands (NYSE: LVS) today announced it has donated $175,000 to the Asian Community Development Council (ACDC), building on the company's Sands Cares partnership with the leading nonprofit organization serving the Asian American Pacific Islander (AAPI) community in Southern Nevada.