Market Composite

Cruise Line Stocks$164.43

2.15%4:00PM 09/27/2021

The list of companies include NCLH-Norwegian Cruise Line Holdings Ltd, CCL-Carnival Corp., RCL-Royal Caribbean Group

Latest intraday update before market close @ 19:45:50 PM 09/27/2021

Summary :

Average return is up 2.3%

Median return is up 2.0%

3 out of 3 stocks are up (limited to those with intraday pricing feeds).

Top Movers : NCLH 1.1%, RCL 2.0%, CCL 3.9%,

Aggregated price index

Aggregated price index with volume information

Summary:

Cruise Line stocks up 2.1% on average while median return up 1.9% in a day
Cruise Line stocks up 12.6% on average while median return up 12.9% in a week
Cruise Line stocks up 9.7% on average while median return up 12.4% 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)	MarketCap	Short %	Held By Institutions %	RSI	Price Pattern	Days Since Channel Change	Channel Slope (daily rate %)

CCL	3.7%	13.5%	12.4%	-2.83	0.05	1.61	40.37	29.1B	8%	54%	67	\-/\	93	-0.2%
RCL	1.9%	11.4%	14.3%	-4.17	-0.11	2.38	99.98	23.5B	5%	68%	71	\/-	93	-0.0%
NCLH	0.9%	12.9%	11.9%	-2.56	0.18	2.56	310.27	6.1B	13%	56%	67	\/\	93	-0.2%

* 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 $RCL 14.3%
1M losers are : Losers for past month are
1W winners are : Winners for past week are $CCL 13.5%
1W losers are : Losers for past week are

Pick two stocks to compare:

CCL

NCLH

Correlation Analysis

Index correlation analysis

Correlation for the past month is 93.9%, for the past 3 months is 94.8%

In the past month for a 5 days rolling window, the highest corrrelation is 99.1%, the lowest correlation is 85.9%, the latest correlation is 85.9%

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 95.1% between CCL and NCLH

The lowest correlation is 93.2% between CCL and RCL