Aggregated price index
Aggregated price index with volume information
Summary:
- Department Stores stocks up 0.6% on average while median return up -0.2% in a day
- Department Stores stocks down 4.6% on average while median return down 3.5% in a week
- Department Stores stocks down 9.6% on average while median return down 8.7% 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 $M -9.5%, $KSS -11.5%
- 1W winners are : Winners for past week are
- 1W losers are : Losers for past week are $KSS -4.4%, $OLLI -11.2%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 57.7%, for the past 3 months is 52.9%
In the past month for a 5 days rolling window, the highest corrrelation is 93.2%, the lowest correlation is 12.2%, the latest correlation is 56.7%
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 76.0% between KSS and M
The lowest correlation is 46.5% between DDS and OLLI
Stock news
Although Ollie's Bargain (OLLI) faces supply chain headwinds, we believe improved closeout opportunities and room for store growth should support the stock.
Bed Bath & Beyond's (BBBY) Q2 results have been hurt by drab demand, reduced consumer spending and supply-chain issues. It expects to turn around in the near term.
Bloomingdale's today announced its continued commitment to support breast cancer awareness with its annual Pink Campaign. In partnership with The Breast Cancer Research Foundation (BCRF) and The Tutu Project, the leading retailer will launch Give Pink, Get More, as well as host PINK Yoga and PINK Parties in stores around the US on October 8th.
The platform will offer a curated assortment in more than 20 product categories from 400 new brands, ranging from beauty to home to electronics.
Macy's is borrowing a page from Amazon's and other retailers' playbooks in a bid to attract shoppers to its online offerings and boost e-commerce sales.
AES Corporation (AES), PepsiCo (PEP), Dillard's (DDS), Suzano (SUZ) and Arch Capital (ACGL) are some of the stocks with high ROE to profit from as markets appear to regain lost ground.
Ollie's Bargain Outlet Inc. (Ollie's), America's largest retailer of closeout merchandise and excess inventory, today became the verified GUINNESS WORLD RECORDS title holder for the World's Largest Bobblehead, breaking the previous record set in 2016. Standing at 16 feet 6.73 inches tall, the fully functioning bobblehead is an oversized replica of Ollie, the company's beloved mascot, and was created to help celebrate the retailer's 40th birthday.
Department-store chain Macy's will allow curated brands to sell and ship their products directly on its online shopping platform.
In this article, we will discuss the 10 dividend paying stocks you should avoid according to Morgan Stanley’s quant screen. If you want to read about similar stocks, you can also take a look at 5 Dividend Paying Stocks You Should Avoid According to Morgan Stanley’s Quant Screen. Morgan Stanley’s Sherry Paul: “It’s a Buying […]