Aggregated price index with volume information
- Chemicals: Major Diversified stocks down 1.0% on average while median return down 0.9% in a day
- Chemicals: Major Diversified stocks down 4.1% on average while median return down 4.5% in a week
- Chemicals: Major Diversified stocks down 3.7% 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 $CE 5.4%, $SXT 1.6%
- 1M losers are : Losers for past month are $FSI -6.7%, $WLK -6.9%, $EMN -7.7%, $NGVT -8.0%, $HUN -10.1%
- 1W winners are : Winners for past week are $VVV 0.2%
- 1W losers are : Losers for past week are $WLK -4.9%, $SXT -5.1%, $FSI -5.3%, $HUN -5.7%, $NGVT -7.6%
Index correlation analysis
Correlation for the past month is 41.3%, for the past 3 months is 30.1%
In the past month for a 5 days rolling window, the highest corrrelation is 67.3%, the lowest correlation is 0.4%, the latest correlation is 15.7%
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 88.8% between DD and EMN
The lowest correlation is -32.8% between FSI and VVV
Westlake (NYSE:WLK) has had a great run on the share market with its stock up by a significant 13% over the last three...
While Huntsman (HUN) faces headwinds from demand weakness, it benefits from actions to grow its downstream specialty and formulation businesses and synergies of acquisitions.
Do you have more faith in DuPont analysis than simple ROE calculation? Tap Sprouts Farmers Market (SFM), Global Industrial Company (GIC), Boise Cascade (BCC), Group 1 Automotive (GPI) and Lifeway Foods (LWAY).
DuPont de Nemours, Inc. ( NYSE:DD ) saw a decent share price growth in the teens level on the NYSE over the last few...
For years, one company dominated the roughly 80 million acres of soybeans planted in the U.S. after Missouri-based Monsanto revolutionized farming with seeds genetically engineered to tolerate the weedkiller Roundup. Bayer the German agriculture and pharmaceutical company, became the top crop-seed maker after its 2018 acquisition of Monsanto. A rival agriculture company, Corteva has been flexing its muscles since it was spun out of DowDuPont in 2019.
If you’re among the millions of investors concerned about where to put your money to work, undervalued Warren Buffett stocks to buy may be the place to focus on. Specifically, by aligning your portfolio with certain compelling individual holdings of Berkshire Hathaway (NYSE:BRK-B), you might be able to get a leg up on market vagaries. Frankly, there’s no one that does it better than the Oracle of Omaha. Primarily, that’s because the man has seen it all and has profited in both good times and bad
My mission, should I choose to accept it, is to find the three most undervalued materials stocks to buy in September. Dr. Ed Yardeni and his capable crew at Yardeni Research produce interesting charts weekly about the S&P 500. I’m always looking at sector performance, both monthly and year-to-date (YTD). In the latest edition, materials stocks from the index were up 5.9% YTD through Sept. 14. That puts it well below the 17.8% return for the entire index.InvestorPlace - Stock Market News, Stock A
Eastman Chemical (EMN) benefits from cost-management actions and innovation amid challenges from soft demand and consumer de-stocking in certain markets.
Element Solutions' (ESI) unit MacDermid Enthone Industrial Solutions will open a new laboratory in Nagoya, Japan, to better serve the local automotive industry.
Huntsman Corporation ( NYSE:HUN ), might not be a large cap stock, but it saw significant share price movement during...