Aggregated price index with volume information
Summary:
- Cruise Line stocks up 0.5% on average while median return up 0.5% in a day
- Cruise Line stocks up 7.1% on average while median return up 7.1% in a week
- Cruise Line stocks down 5.4% on average while median return down 4.0% 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 $RCL 0.4%
- 1M losers are : Losers for past month are $CCL -10.9%
- 1W winners are : Winners for past week are $RCL 7.7%
- 1W losers are : Losers for past week are
Correlation Analysis
Index correlation analysis
Correlation for the past month is 76.7%, for the past 3 months is 73.7%
In the past month for a 5 days rolling window, the highest corrrelation is 91.7%, the lowest correlation is 56.8%, the latest correlation is 77.2%
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 83.0% between CCL and NCLH
The lowest correlation is 73.0% between CCL and RCL
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Carnival Corporation (the "Company") has closed its previously announced private offering (the "Notes Offering") of €500 million aggregate principal amount of 5.75% senior unsecured notes due 2030 (the "Notes"). The Company will use the net proceeds from the Notes Offering, together with cash on hand, to redeem its €500 million 7.625% senior unsecured notes due 2026 (the "2026 Euro Unsecured Notes"), resulting in a reduct
Royal Caribbean's (RCL) first-quarter 2024 performance benefits from robust cruising demand, strong pricing and strength in onboard spending.
Royal Caribbean stock sailed higher Thursday after the cruise operator beat earnings expectations and hiked full-year profit guidance. The cruise operator reported adjusted earnings of $1.77 a share, sailing better than analysts’ expectations of $1.33. “Demand for our leading brands and the incredible experiences they deliver continues to be very robust, resulting in outperformance in the first quarter, a further increase of full year earnings guidance, and 60% expected earnings growth year o...
WW International (WW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
While the top- and bottom-line numbers for Royal Caribbean (RCL) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Royal Caribbean hiked its full-year earnings outlook after Q1 results cleared forecasts. RCL stock advanced higher in a buy zone.
Q1 2024 Financial Performance Review
Royal Caribbean (RCL) delivered earnings and revenue surprises of 35.11% and 1.24%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Cruise vacation company Royal Caribbean (NYSE:RCL) reported Q1 CY2024 results beating Wall Street analysts' expectations, with revenue up 29.2% year on year to $3.73 billion. It made a non-GAAP profit of $1.77 per share, improving from its loss of $0.23 per share in the same quarter last year.
These stocks all deserve to be trading at far higher prices, and it may not be too long before they start to rally.