Aggregated price index with volume information
Summary:
- Chemicals: Agricultural stocks down 1.3% on average while median return down 0.7% in a day
- Chemicals: Agricultural stocks down 1.9% on average while median return down -0.7% in a week
- Chemicals: Agricultural stocks down 5.6% on average while median return down 5.6% 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.
- 1M winners are : Winners for past month are $CGA 4.2%
- 1M losers are : Losers for past month are $PLL -9.3%, $AVD -10.0%, $RKDA -11.5%, $ICL -12.2%, $LAC -34.5%
- 1W winners are : Winners for past week are $CGA 7.5%, $FMC 4.2%, $CTVA 2.3%, $CF 1.9%, $LXU 1.8%
- 1W losers are : Losers for past week are $ODC -1.5%, $BIOX -4.3%, $SQM -6.0%, $PLL -17.8%, $LAC -32.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 16.7%, for the past 3 months is 17.8%
In the past month for a 5 days rolling window, the highest corrrelation is 40.1%, the lowest correlation is 0.4%, the latest correlation is 7.8%
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 76.3% between LXU and MOS
The lowest correlation is -54.5% between AGFS and ODC
CF (CF) 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.
Scotts (SMG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Corteva, Inc. (CTVA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mosaic (MOS) 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.
KB Home, American Vanguard, Navios Maritime Partners, Signet Jewelers and Portland General Electric are part of the Zacks Screen of the Week article
MARYSVILLE, Ohio, April 22, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, announced that its Board of Directors has approved the payment of a cash dividend of $0.66 per share. The dividend is payable on Friday, June 7, 2024, to shareholders of record as of Friday, May 24, 2024. About ScottsMiracle-GroWith approximately $3.6 billion in sales, the Company is th
MARYSVILLE, Ohio, April 22, 2024 (GLOBE NEWSWIRE) -- The Central Ohio Beekeepers Association (COBA) has partnered with ScottsMiracle-Gro brand Ortho®, to establish an apiary, also known as a bee yard, at the Company’s corporate headquarters in Marysville, Ohio. COBA is dedicated to promoting bees and beekeeping in Central Ohio by providing educational opportunities for new beekeepers and continuing education for advanced beekeepers. In 2016, Ortho® announced its decision to remove neonics from i
MARYSVILLE, Ohio, April 22, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its second quarter financial results on Wednesday, May 1, 2024, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer
LSB (LXU) 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.
We have screened value stocks KBH, AVD, NMM, SIG and POR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.