Aggregated price index
Aggregated price index with volume information
Summary:
- Cruise Line stocks up 1.6% on average while median return up 1.9% in a day
- Cruise Line stocks down 16.2% on average while median return down 15.5% in a week
- Cruise Line stocks down 35.0% on average while median return down 34.5% 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.
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
- 1M losers are : Losers for past month are $RCL -36.5%
- 1W winners are : Winners for past week are
- 1W losers are : Losers for past week are $CCL -18.7%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 96.8%, for the past 3 months is 96.4%
In the past month for a 5 days rolling window, the highest corrrelation is 99.6%, the lowest correlation is 91.9%, the latest correlation is 97.2%
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 97.4% between CCL and NCLH
The lowest correlation is 96.0% between CCL and RCL
Stock news
In this article, we discuss 10 best buy-the-dip consumer stocks to consider. If you want to see more stocks in this list, check out 5 Best Buy-The-Dip Consumer Stocks to Consider. Consumer stocks have lost about $1.8 trillion in market value so far in 2022, according to a recent Bloomberg report. This comes in light […]
Could this be the catalyst for Royal Caribbean, Carnival, and Norwegian to make their own major covid policy changes?
At one point in February 2020, a single cruise ship — the Diamond Princess — accounted for more than half of the world’s confirmed cases of Covid-19 outside China. “Everybody you speak to on cruises nowadays says: ‘Gee, it’s good to be back home, it’s good to be back on the seas again,’” said Mike Alcock, a 72-year-old retiree from Northamptonshire, who has taken six cruises alongside his wife since the industry returned from the pandemic and has three more booked. “You wouldn’t go to a hotel ...
Norwegian Cruise Line (NCLH) closed at $11.33 in the latest trading session, marking a +1.89% move from the prior day.
With rising interest rates and a possible recession looming, cruise stocks will continue to tread water at best.
What happened One of the industries that was hit the hardest by the coronavirus pandemic was a real downer this week too. Following a dark analyst note regarding Carnival (NYSE: CCL)(NYSE: CUK) in particular, all three of the major cruise industry stocks have been hammered over the past few trading days.
U.S. stocks ended lower on Thursday, with the S&P recording its worst first-half performance in more than 50 years.
Carnival (NYSE: CCL) fought hard to survive the pandemic, but Wall Street has rewarded the stock with a brutal 65% haircut over the past year. Should investors buy Carnival stock while the cruise industry is still navigating troubled waters? Carnival's operations and stock went through the wringer during the pandemic; an isolated space such as a cruise ship is arguably the best environment for a virus to do its worst, so the business virtually shut down throughout the pandemic to avoid spreadi...
Travel and entertainment stocks took a hit this quarter as macroeconomic pressures cast doubt over the health of the consumer.