Aggregated price index
Aggregated price index with volume information
- Coronavirus Vaccine stocks up 0.4% on average while median return up 0.0% in a day
- Coronavirus Vaccine stocks down 0.4% on average while median return down -1.1% in a week
- Coronavirus Vaccine stocks up 5.8% on average while median return up 1.1% 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 is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes
- 1M winners are : Winners for past month are $MRNA 42.6%, $VXRT 30.6%, $BNTX 23.6%, $ABBV 21.2%, $BCRX 14.3%
- 1M losers are : Losers for past month are $NNVC -3.4%, $INO -7.7%, $AEMD -8.9%, $EBS -18.4%, $IBIO -25.8%
- 1W winners are : Winners for past week are $VXRT 27.7%, $BNTX 16.6%, $NNVC 5.6%, $ABBV 3.9%, $NVAX 3.6%
- 1W losers are : Losers for past week are $JNJ -4.5%, $DVAX -4.8%, $EBS -8.1%, $INO -19.3%, $IBIO -28.3%
Index correlation analysis
Correlation for the past month is 20.2%, for the past 3 months is 23.0%
In the past month for a 5 days rolling window, the highest corrrelation is 49.8%, the lowest correlation is 0.5%, the latest correlation is 20.1%
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 73.6% between ICCC and SNY
The lowest correlation is -56.2% between PFE and VXRT
The U.S. Food and Drug Administration's outside advisers will meet on Dec. 10 to discuss whether to authorize the COVID-19 vaccine developed by Pfizer Inc and German partner BioNTech for emergency use, the agency said on Friday. The move comes after Pfizer applied for the authorization of its COVID-19 vaccine earlier in the day, the first such application in a major step toward providing protection against the new coronavirus. "While we cannot predict how long the FDA's review will take, the F...
The stock market held near highs amid coronavirus news from new restrictions to Covid vaccines. Target and Nio earnings beat. Tesla will join the S&P 500.
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Keith Fitz-Gerald, Fitz-Gerald Group Chief Investment Officer, joins Yahoo Finance's Kristin Myers to discuss the latest market action, as coronavirus cases continue to spike.
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The global case tally for the coronavirus illness COVID-19 climbed above 57 million on Friday, and the U.S. moved closer to 200,000 cases in a day and set a fresh record for hospitalizations as the virus continues to infect people in every state and region.
The S&P 500 and the Dow slipped on Friday with a surge in coronavirus cases threatening to derail a fragile economic recovery, even as plans were announced for ending several of the Federal Reserve's economic support programs. The Nasdaq edged 0.2% higher, boosted by a rise in shares of stay-at-home darlings Zoom Video Communications Inc and Amazon.com Inc.
Britain has formally asked its medical regulator, the MHRA, to assess the vaccine being produced by Pfizer Inc and its German partner BioNTech , health minister Matt Hancock said on Friday. Pfizer said it would apply to U.S. health regulators on Friday for emergency use authorization (EUA) of its COVID-19 vaccine, the first such application in a major step toward providing protection against the new coronavirus. "Here in the UK, the first step for authorising a vaccine is for the government fo...