Aggregated price index with volume information
- Department Stores stocks up 0.4% on average while median return up 0.7% in a day
- Department Stores stocks down 4.1% on average while median return down 2.6% in a week
- Department Stores stocks down 9.0% on average while median return down 11.2% 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 $OLLI 2.7%
- 1M losers are : Losers for past month are $M -13.7%, $KSS -23.9%
- 1W winners are : Winners for past week are
- 1W losers are : Losers for past week are $OLLI -2.8%, $KSS -9.7%
Index correlation analysis
Correlation for the past month is 36.2%, for the past 3 months is 34.3%
In the past month for a 5 days rolling window, the highest corrrelation is 65.2%, the lowest correlation is -1.4%, the latest correlation is 36.1%
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 62.6% between KSS and M
The lowest correlation is -2.5% between DDS and OLLI
Kohl's (KSS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
An in-depth analysis of Macy's Inc's market value and financial performance
Macy's (M) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
New York-based department store chain Macy's Inc., which also owns Bloomingdale's, has left its facility near the University of Houston for a business park along the Grand Parkway in Tomball.
In this article, we will be taking a look at the 13 best beaten down stocks to buy now. To skip our detailed analysis of the US stock market and recent developments within it, you can go directly to see the 5 Best Beaten Down Stocks To Buy Now. The Two-Day Fed Meeting On September […]
Amazon (AMZN) intends to recruit an extra 250,000 employees for the upcoming holiday season, marking a significant 67% increase compared to previous years. Other retailers like Macy's (M) and Target (TGT) will also be expanding their holiday workforce. Despite inflation, Wall Street analysts are anticipating a return to more typical consumer spending patterns this year. Yahoo Finance's Josh Scahfer, Brooke DiPalma, and Pras Subramanian discuss various factors employers will be considering this s...
Kohl's (KSS) partnership with Sephora to create a new era of elevated Beauty is noteworthy. However, the company is battling product cost inflation, which is hurting its profits.
Amazon said it plans to add 250,000 U.S. workers for the holiday shopping season, 67% more than the number of people it hired for the past two years, as it scrambles to expand next-day delivery for shoppers. Amazon's plans contrast with other U.S. retailers, who say they will hire fewer people in stores and warehouses this year on expectations for reduced consumer spending in 2023. Forecasters expect holiday sales to come in at half of last year's rate due to concerns about higher prices.
Americans are expected to open up their wallets this holiday season.
Macy's (M) strategic move to bolster its workforce before the festive season not only ensures smooth operations but also underscores the pivotal role the period plays in the retail sector.