MARKET COMPOSITE
Coal Stocks12-00-2024 20:00:00 PM
Price
$128.61
+ 0.80%
The list of companies include ARCH-Arch Resources Inc, AREC-American Resources Corporation, BTU-Peabody Energy Corp., CEIX-Consol Energy Inc, HCC-Warrior Met Coal Inc, HNRG-Hallador Energy Co, METC-Ramaco Resources Inc, NC-Nacco Industries Inc., SXC-SunCoke Energy Inc, TECK-Teck Resources Ltd, CTRA-Coterra Energy Inc, SES-SES AI Corporation
* Latest intraday update before market close @ 19:45:42 PM 07/12/2024
Summary
:
Average return is up 0.9%
Median return is up 1.4%
10 out of 13 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
SXC + 2.0%NC + 2.3%ARCH + 2.4%TECK + 2.4%HCC + 3.4%

Aggregated price index with volume information

Summary:

  • Coal stocks up 0.8% on average while median return up 0.6% in a day
  • Coal stocks up 3.3% on average while median return up 2.4% in a week
  • Coal stocks up 2.6% on average while median return up 3.8% 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.

Related Stocks
Ticker
1d
7d
30d
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
AREC12.5%
21.3%
-30.0%
-4.04122.7361M2%4%45/-696-0.1%
HCC3.0%
-0.5%
8.7%
8.512.271.201.143.7B5%98%58-/At resistance690.1%
TECK2.6%
0.7%
5.3%
21.79-0.850.531.2125.9B66%58/At resistance2330.1%
NC2.2%
4.8%
-7.0%
-5.460.601.3645%174.7M4%45%51/\339-0.1%
ARCH1.6%
-1.5%
1.7%
9.513.000.612.9B18%129%52\/-/At support2330.1%
SXC1.4%
4.0%
6.9%
14.281.91.200.44237%864.3M5%85%59-/-/4640.1%
BTU1.1%
-1.3%
0.6%
6.510.080.880.292.9B13%77%51-/-233-0.0%
CEIX0.6%
0.1%
3.8%
6.121.030.631015%3B8%80%54\/-4640.2%
HNRG0.5%
10.4%
2.9%
14.080.400.33301.8M2%30%59/\Above resistance173-0.3%
CTRA0.4%
3.3%
-4.2%
15.850.610.1220.2B1%78%51-/-1990.0%
NRP0.3%
2.4%
9.0%
7.671.191.84-55%1.2B1%40%65/-/-Above resistance91-0.0%
ARLP0.2%
-1.1%
4.0%
5.33-1.130.780.653.2B1%19%59\/-At resistance2330.1%
METC0.2%
4.5%
16.3%
11.032.941.391.42111%751.1M1%65%62-/\Above resistance69-0.3%
SES-3.7%
17.1%
0.0%
407.1M55\245-0.2%
* 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.
Detail Performance Summary
  • 1M winners are : Winners for past month are $METC 16.3%, $NRP 9.0%, $HCC 8.7%, $SXC 6.9%, $TECK 5.3%
  • 1M losers are : Losers for past month are $CTRA -4.2%, $NC -7.0%
  • 1W winners are : Winners for past week are $SES 17.1%, $HNRG 10.4%, $NC 4.8%, $METC 4.5%, $SXC 4.0%
  • 1W losers are : Losers for past week are $HCC -0.5%, $ARLP -1.1%, $BTU -1.3%, $ARCH -1.5%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 31.8%, for the past 3 months is 29.4%

In the past month for a 5 days rolling window, the highest corrrelation is 68.9%, the lowest correlation is 12.2%, the latest correlation is 37.9%

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 95.0% between ARCH and BTU

The lowest correlation is -41.2% between ARCH and SES

Stock news

    TORONTO (Reuters) -Shares of Canadian companies that mine critical minerals such as copper and uranium fell on the Toronto Stock Exchange (TSX)on Monday as investors assessed the potential impact of Canada's announcement last week that it would restrict large mergers and acquisitions in the sector. Last Thursday, Industry Minister Francois-Philippe Champagne cleared London-listed Glencore's takeover of the coal unit of Teck Resources under strict conditions after taking into account the "net b...

    Teck Resources Buy Rating Maintained at Deutsche Bank Following Coal Business Sale; Price Target Kept at US$58.00

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    The latest move marks the final regulatory hurdle cleared for the deal, which is due for completion on 11 July 2024.

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    Teck Resources (TECK) completes the sale of its steelmaking coal business, which should enable it to focus on growing its copper growth projects.