MARKET COMPOSITE
Department Stores Stocks20-00-2024 21:00:00 PM
Price
$106.11
+ 0.84%
The list of companies include DDS-Dillard`s Inc., KSS-Kohl`s Corp., M-Macy`s Inc, OLLI-Ollies Bargain Outlet Holdings Inc
* Latest intraday update before market close @ 20:45:34 PM 02/20/2024
Summary
:
Average return is up 0.6%
Median return is up 0.7%
3 out of 4 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
M -1.3%DDS + 0.2%KSS + 1.2%OLLI + 2.3%

Aggregated price index with volume information

Summary:

  • Department Stores stocks up 0.8% on average while median return up 0.9% in a day
  • Department Stores stocks up 0.1% on average while median return up 0.3% in a week
  • Department Stores stocks up 10.2% on average while median return up 10.5% 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.

Related Stocks
Ticker
1d
7d
30d
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
OLLI2.6%
1.3%
6.8%
31.433.74.062.9465%4.9B15%106%64/\/2130.1%
KSS1.2%
0.5%
12.0%
-21.46-2.391.550.453.1B7%94%55\/\-2130.0%
DDS0.6%
0.1%
11.8%
9.16-0.472.120.665.2B23%79%63-/-Above resistance4250.1%
M-1.0%
-1.6%
9.2%
7.8-0.662.070.285.3B18%84%55\/-Above resistance213-0.1%
* 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.
Detail Performance Summary
  • 1M winners are : Winners for past month are $KSS 12.0%, $DDS 11.8%
  • 1M losers are : Losers for past month are
  • 1W winners are : Winners for past week are $OLLI 1.3%, $KSS 0.5%
  • 1W losers are : Losers for past week are $M -1.6%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 49.2%, for the past 3 months is 44.0%

In the past month for a 5 days rolling window, the highest corrrelation is 91.1%, the lowest correlation is -30.9%, the latest correlation is 24.0%

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 74.4% between KSS and M

The lowest correlation is 24.9% between KSS and OLLI

Stock news

    Arkhouse Management, which along with Brigade Capital Management, launched an unsolicited bid to acquire Macy's for $21 a share, has proposed a slate of nominees to the Macy's board.

    Macy’s said private-equity firm Arkhouse Management has nominated nine people to stand for election at its annual meeting. This arrives on the heels of last year’s unsolicited proposal from Arkhouse and Brigade Capital to acquire the company for $21 per share in cash, which was turned down last month. “Arkhouse and Brigade have yet to provide any financing details that would enhance the actionability of their proposal despite multiple opportunities to do so, and instead of attempting a constr...

    Arkhouse Management is nominating nine people for Macy's board of directors, igniting a proxy battle after the department store operator rejected a $5.8 billion takeover offer from the investment firm and Brigade Capital Management. Arkhouse and Brigade had offered $21 for each of the remaining shares in Macy’s they don’t already own. Macy’s said at the time that its board reviewed the investment firms’ proposal and not only had concerns about the financing plan, but also felt there was a “lac...

    Macy's is facing a board challenge from Arkhouse Management after the investment firm nominated nine director candidates just weeks after the retailer rejected a go-private bid from Arkhouse and its partner Brigade Capital. "The Board's history of poor performance and continued refusal to engage constructively with our credible and motivated buyer group have led us to the decision to nominate a slate of highly qualified, independent directors to reconstitute Macy’s Board," Arkhouse said in a st...

    (Reuters) -Macy's is facing a board challenge from Arkhouse Management after the investment firm nominated nine director candidates just weeks after the retailer rejected a go-private bid from Arkhouse and its partner Brigade Capital. "The Board's history of poor performance and continued refusal to engage constructively with our credible and motivated buyer group have led us to the decision to nominate a slate of highly qualified, independent directors to reconstitute Macy’s Board," Arkhouse s...

    NEW YORK, February 20, 2024--Macy’s, Inc. (NYSE: M) will report its fourth quarter and full-year 2023 sales and earnings results on Tuesday, February 27, 2024. The company will host a call and webcast with financial analysts and investors at 8:00 a.m. ET. The call will be hosted by Macy’s, Inc.’s Chief Executive Officer Tony Spring and Chief Operating and Chief Financial Officer Adrian Mitchell.

    NEW YORK, February 20, 2024--Macy’s, Inc. (NYSE: M) announced today that its Board of Directors (the "Board") has received notice from Arkhouse Management Co. LP ("Arkhouse") that it has nominated nine individuals to stand for election to the Macy’s, Inc. Board of Directors at the Company’s 2024 Annual Meeting. Macy’s, Inc. issued the following statement:

    Will investors be tempted by the idea of capitalizing on the department store's real estate holdings?

    When researching a stock for investment, what can tell us that the company is in decline? When we see a declining...

    Like other department stores, the retailer is revamping its product assortment with a designer-led initiative.