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Construction Materials Stocks$154.30
0.37%4:00PM 10/18/2021
The list of companies include AZEK-AZEK Company Inc, CSCW-Color Star Technology Co Ltd, EXP-Eagle Materials Inc., FRTA-Forterra Inc, MLM-Martin Marietta Materials, Inc., OC-Owens Corning, SMID-Smith-Midland Corp., SND-Smart Sand Inc, SUM-Summit Materials Inc, USCR-U.S. Concrete, Inc., USLM-United States Lime & Minerals Inc., VMC-Vulcan Materials Co
Latest intraday update before market close @ 19:45:54 PM 10/18/2021
Summary :
Average return is up 0.4%
Median return is up 0.5%
11 out of 15 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Construction Materials stocks up 0.4% on average while median return up 0.7% in a day
  • Construction Materials stocks up 4.6% on average while median return up 5.0% in a week
  • Construction Materials stocks up 0.9% on average while median return up 1.5% 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

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
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 %)
EXP2.4%
7.3%
7.3%
17.962.144.243.55-9%6.1B3%96%60\/\At resistance96-0.1%
MLM2.2%
6.7%
9.1%
30.42.393.534.69152%23.3B1%96%62\/-At resistance96-0.0%
VMC2.0%
5.0%
6.3%
35.892.243.594.51167%24B1%90%58\/-96-0.0%
CPAC1.0%
4.1%
7.7%
0.590.470.49197%500.2M6%70/\Above resistance122-0.3%
SND1.0%
-0.8%
16.7%
2.450.411.19113M11%44%57/-\54-0.1%
AZEK0.8%
-1.5%
-6.7%
1.976.93454%5.6B3%91%44/\69-0.2%
JHX0.8%
6.0%
-5.0%
14.435.301456%16.6B1%53\/At support1900.2%
FRTA0.7%
0.5%
1.5%
15.680.097.290.961.6B8%97%61\/-96-0.0%
OC0.7%
4.4%
0.5%
10.421.422.511.349.5B2%98%56\/\At resistance96-0.1%
SUM0.2%
7.2%
9.0%
24.281.132.351.584B6%102%58\/-96-0.0%
CX0.1%
7.7%
-1.0%
0.341.260.821476%10.5B40%50\/\96-0.1%
LOMA-0.6%
5.0%
-1.5%
6.28288.160.020.03113%853.5M25%53\/1900.2%
CRH-0.7%
2.3%
-5.2%
27.122.001.43-36%36.6B5%42\/-At support96-0.0%
SMID-1.7%
13.0%
7.4%
3.942.1292.7M1%30%61/-\At resistance47-0.3%
CSCW-1.8%
-0.8%
-47.8%
42.6658.3M2%1%34/\82-0.2%
USLM-3.5%
1.5%
-8.1%
18.613.014.6927%646.6M1%26%36\/\Below support96-0.1%

* 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.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are $SND 16.7%, $MLM 9.1%, $SUM 9.0%, $CPAC 7.7%, $SMID 7.4%
  • 1M losers are : Losers for past month are $LOMA -1.5%, $JHX -5.0%, $CRH -5.2%, $AZEK -6.7%, $USLM -8.1%
  • 1W winners are : Winners for past week are $SMID 13.0%, $CX 7.7%, $EXP 7.3%, $SUM 7.2%, $MLM 6.7%
  • 1W losers are : Losers for past week are $SND -0.8%, $AZEK -1.5%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 27.8%, for the past 3 months is 29.8%

In the past month for a 5 days rolling window, the highest corrrelation is 39.0%, the lowest correlation is 12.1%, the latest correlation is 13.5%

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 93.0% between MLM and VMC

The lowest correlation is -40.2% between CPAC and SUM

Stock news

    10/13/2021OC
    Lois Steiner - Busy in Retirement, One of Owens Corning's 2021 Top Volunteers

    At 83 years old, Lois Steiner is not slowing down. She spends 11 hours every day volunteering at Divine Providence Ministry in Ocala, Florida, where she helps with donations, pickups, and serving t...

    10/13/2021AZEK
    Hedge Funds Are Piling Into The AZEK Company Inc. (AZEK)

    As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the fourth quarter of 2019. A significant number of hedge funds continued their strong […]

    10/12/2021EXP
    Eagle Materials Schedules Second Quarter Fiscal 2022 Earnings Release and Conference Call With Senior Management

    DALLAS, October 12, 2021--Eagle Materials Inc. (NYSE: EXP) will release financial results for the second quarter of fiscal 2022 ended September 30, 2021, on Thursday, October 28, 2021, before the open of the NYSE and will host an investor conference call the same day, Thursday, October 28, 2021, at 8:30 am Eastern Time (7:30 am Central Time).

    10/12/2021EXP
    Hedge Funds Are Betting On Eagle Materials, Inc. (EXP)

    How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

    10/12/2021SUM
    Summit Materials (NYSE:SUM) Is Reinvesting At Lower Rates Of Return

    If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...

    10/12/2021MLM
    Should I Avoid Martin Marietta Materials, Inc. (MLM)?

    We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]

    10/12/2021OC
    Hedge Funds Are Buying Owens Corning (OC)

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 873 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

    10/11/2021MLM
    Martin Marietta Announces Third-Quarter 2021 Earnings Conference Call

    RALEIGH, N.C., Oct. 11, 2021 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) will host its third-quarter 2021 earnings conference call on Tuesday, November 2, 2021 at 11:00 a.m. Eastern Time. The Company will release results for the quarter ended September 30, 2021, that morning before the market opens. A live, listen-only webcast and supplemental information will be accessible on the Investors section of the Company’s website at www.martinmari

    10/11/2021SMID
    The Trend Of High Returns At Smith-Midland (NASDAQ:SMID) Has Us Very Interested

    What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...

    10/11/2021LOMA
    Do Institutions Own Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Shares?

    If you want to know who really controls Loma Negra Compañía Industrial Argentina Sociedad Anónima ( NYSE:LOMA ), then...