Aggregated price index
Aggregated price index with volume information
Summary:
- Chemicals: Specialty stocks down 2.5% on average while median return down 2.1% in a day
- Chemicals: Specialty stocks down 0.8% on average while median return down 0.4% in a week
- Chemicals: Specialty stocks down 12.5% on average while median return down 9.4% 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 $DQ 11.7%, $LIN 5.5%, $ROG 4.8%, $NEU 3.1%, $OEC 0.5%
- 1M losers are : Losers for past month are $CMP -19.6%, $KRO -19.9%, $CDXS -30.0%, $VHI -30.1%, $AMTX -31.4%
- 1W winners are : Winners for past week are $AMRS 11.8%, $SSL 4.6%, $TROX 3.9%, $WLKP 3.7%, $NEU 3.3%
- 1W losers are : Losers for past week are $LOOP -6.2%, $GEVO -7.1%, $CDXS -8.4%, $CDXC -8.9%, $LWLG -11.0%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 44.3%, for the past 3 months is 33.4%
In the past month for a 5 days rolling window, the highest corrrelation is 52.2%, the lowest correlation is 4.2%, the latest correlation is 51.2%
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 90.4% between ASH and AVNT
The lowest correlation is -42.0% between GEVO and GURE
Stock news
Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that the company has increased the size of its Board of Directors from eight to nine members and has elected Andrew D. Sandifer as a director of the company, effective March 20, 2023.
NORTHAMPTON, MA / ACCESSWIRE / March 22, 2023 / DOW There is a place for every person to connect to water stewardship. Just as we all depend on water, a sustainable water future depends on us. This year's World Water Day is focused on accelerating ...
Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power, today announced that its latest commercial-class EO polymer material has achieved breakthrough performance metrics at 1310 nanometers (nm), a wavelength popular in hyperscale datacenter applications.
Dow (DOW) gains on investment in high-return growth projects, cost-saving actions, resilient demand across a number of markets amid softness in Europe and Asia.
Historical data shows that April 16-22 offers the most shoppers, sentiment is more positive, and prices are higher than the average week. "This week represents a balanced selection of market conditions that favor sellers," Realtor said in a statement. “Many home shoppers kick off their search in the early spring, and they often beat the majority of home sellers to the punch,” said Realtor Chief Economist Danielle Hale.
ST. PAUL, Minn., March 21, 2023--New data from a global survey conducted and commissioned by Ecolab, a global sustainability leader offering water, hygiene and infection prevention solutions and services, has revealed high consumer expectations for the role of companies in water access and conservation.
Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 22-23, 2023.
NORTHAMPTON, MA / ACCESSWIRE / March 20, 2023 / DOW CHALLENGE Mechanical recycling is a firm commitment expressed by many industries. But it comes with challenges. One of the challenges is related to the step where the plastic waste is washed ...
It might be of some concern to shareholders to see the LyondellBasell Industries N.V. ( NYSE:LYB ) share price down 13...
Recently, Zacks.com users have been paying close attention to Dow Inc. (DOW). This makes it worthwhile to examine what the stock has in store.