Aggregated price index
Aggregated price index with volume information
Summary:
- Construction stocks down 0.6% on average while median return down 0.7% in a day
- Construction stocks up 1.9% on average while median return up 1.7% in a week
- Construction stocks up 0.1% on average while median return up -2.8% 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.
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 $AENZ 34.1%, $LMB 21.8%, $PRIM 15.5%, $FPH 12.9%, $CHCI 12.2%
- 1M losers are : Losers for past month are $IBP -14.7%, $GRBK -15.5%, $ROAD -20.2%, $VINO -25.8%, $AMRC -27.3%
- 1W winners are : Winners for past week are $KBH 23.3%, $AENZ 12.7%, $EVH 10.0%, $PHM 9.2%, $CHCI 8.7%
- 1W losers are : Losers for past week are $APG -4.5%, $TTSH -5.0%, $VINO -5.9%, $ROAD -6.5%, $AMRC -16.0%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 41.1%, for the past 3 months is 34.0%
In the past month for a 5 days rolling window, the highest corrrelation is 59.3%, the lowest correlation is 13.7%, the latest correlation is 19.1%
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 93.7% between GRBK and IBP
The lowest correlation is -48.4% between AMRC and IEAWW
Stock news
Waterbury, CT, based Investment company Webster Bank, N. A. (Current Portfolio) buys Vanguard Short-Term Inflation-Protected Securities, General Electric Co, Vanguard Small Cap ETF, iShares Core MSCI Emerging Markets ETF, iShares Russell 2000 ETF, sells Qorvo Inc, Bristol-Myers Squibb Co, iShares MSCI All Country Asia ex Japan Index Fund, iShares Russell 1000 Growth ETF, Linde PLC during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Webster Bank, N.
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