Aggregated price index
Aggregated price index with volume information
Summary:
- Coronavirus Testing stocks down 4.3% on average while median return down 1.5% in a day
- Coronavirus Testing stocks down 6.0% on average while median return down 1.0% in a week
- Coronavirus Testing stocks down 13.1% on average while median return down 6.6% 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 $TMO 0.6%
- 1M losers are : Losers for past month are $GH -7.4%, $LH -12.3%, $QLGN -18.0%, $CODX -45.1%
- 1W winners are : Winners for past week are $TMO 2.1%, $BDX 1.9%, $DGX 1.1%
- 1W losers are : Losers for past week are $LH -1.0%, $QLGN -1.0%, $GH -6.1%, $CODX -44.0%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 41.6%, for the past 3 months is 32.9%
In the past month for a 5 days rolling window, the highest corrrelation is 73.4%, the lowest correlation is 2.6%, the latest correlation is 67.1%
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 81.3% between DGX and LH
The lowest correlation is 8.0% between BDX and CODX
Stock news
NORTHAMPTON, MA / ACCESSWIRE / March 22, 2023 / Abbott Water sustains life, health, and ecosystems. It's a vital resource for a global healthcare company striving to help people around the world live healthier, fuller lives. But water availability ...
Investors are optimistic about Abbott (ABT) on continued growth in the core Diagnostics arm.
Sesame Workshop, the nonprofit educational organization behind Sesame Street, which reaches over 150 million children across more than 150 countries, today announced new resources addressing health and well-being inequities among young children, particularly in low-income, rural, and marginalized communities.
Quest Diagnostics (NYSE: DGX), the nation's leading provider of diagnostic information services, today unveiled a comprehensive suite of advanced diagnostics and support services designed to broaden access to laboratory tests for transplanting solid organ, human cells and tissue.
Inogen (INGN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
House Republicans are reportedly speeding up their scrutiny of the FDA and the White House's handling of the baby formula shortage last year. The supply crunch hit the U.S. market when Abbott Laboratories (NYSE: ABT), a significant supplier, closed its Sturgis, Michigan, plant due to bacterial infection. House Oversight and Accountability Committee Chairman James Comer (R., Ky.) and Rep. Lisa McClain (R., Mich.), who leads its panel on healthcare, asked the FDA to submit all communications betwe
In this article, we discuss 14 best dividend aristocrats to buy now. You can skip our detailed analysis of dividend investments and the performance of dividend stocks in the past, and go directly to read 5 Best Dividend Aristocrat Stocks To Buy Now. Dividend aristocrats are companies that have raised their dividends consecutively for 25 […]
After January’s stock rally, the story in the markets for the past two months has been volatility. Stocks were on a seesaw even before the recent SVB crash, and the banking woes of the last two weeks have simply exacerbated the up and down swings. The increased uncertainty in the market conditions has put a premium on data analysis, the ability to collect and decipher the mass of information generated by Wall Street’s aggregated trading activity. Fortunately, there are already experts out there
Quest Diagnostics (DGX) now offers professional laboratory management services for nine of Northern Light Health's hospital laboratories.
Co-Diagnostics, Inc. (Nasdaq: CODX) (the "Company" or "Co-Dx"), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, announced today that the Company CEO will deliver the keynote address at the 4th Annual MarketsandMarkets Infectious Disease Diagnostics and Molecular Diagnostics Conference, held March 23-24, 2023, in London, England, where the Company will also be hosting a booth.