Aggregated price index with volume information
Summary:
- Consumer Non-Durables stocks up 0.6% on average while median return up 0.1% in a day
- Consumer Non-Durables stocks down 1.1% on average while median return down 1.3% in a week
- Consumer Non-Durables stocks down 6.4% on average while median return down 6.3% 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 $GIII 25.6%, $TWNK 18.7%, $FARM 18.3%, $CAL 16.3%, $SAM 6.8%
- 1M losers are : Losers for past month are $XELB -26.4%, $JVA -29.6%, $ZIVO -29.9%, $VNCE -31.8%, $VERU -34.6%
- 1W winners are : Winners for past week are $RVLV 8.7%, $DLTH 6.4%, $CAL 6.4%, $VRA 6.3%, $COLM 5.9%
- 1W losers are : Losers for past week are $NUS -8.9%, $NTCO -9.4%, $PMCB -9.5%, $LWAY -16.7%, $VERU -17.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 10.6%, for the past 3 months is 10.4%
In the past month for a 5 days rolling window, the highest corrrelation is 30.4%, the lowest correlation is 0.2%, the latest correlation is 18.7%
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 97.2% between CENT and CENTA
The lowest correlation is -60.4% between CAL and DLTH
TreeHouse Foods, Inc. (NYSE: THS. "TreeHouse Foods") today announced that it has completed the sale of its Lakeville, MN manufacturing facility and snack bars business to John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) for approximately $61 million in cash.
LOS ANGELES, September 29, 2023--Guess?, Inc. (NYSE: GES) today announced that Maurice Marciano is retiring from the Company’s Board of Directors effective immediately.
ELGIN, Ill., September 29, 2023--John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) (the "Company") today announced that it has completed the previously-announced acquisition of certain assets, including inventory, a manufacturing facility located in Lakeville, Minnesota, and customer relationships, from TreeHouse Foods, Inc. (NYSE: THS) relating to its snack bars business for approximately $61.3 million in cash. The purchase price included approximately $37.3 million of inventory.
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