Market Composite

Distribution Services Stocks$184.36

-0.56%4:00PM 07/30/2021

The list of companies include ABC-Amerisource Bergen Corp., ACET-Adicet Bio Inc, ACU-Acme United Corp., AE-Adams Resources & Energy Inc., AEY-Addvantage Technologies Group, AFIB-Acutus Medical Inc, AIT-Applied Industrial Technologies Inc., ALTG-Alta Equipment Group Inc, APHA-Aphria Inc, APLS-Apellis Pharmaceuticals Inc, ARW-Arrow Electronics Inc., ASPN-Aspen Aerogels Inc., AVT-Avnet Inc., BECN-Beacon Roofing Supply Inc, BXC-Bluelinx Hldgs Inc, CAH-Cardinal Health, Inc., CHEF-Chefs` Warehouse Inc, CHNR-China Natural Resources Inc, CLBS-Caladrius Biosciences Inc, CORE-Core-Mark Hldg Co Inc, DIT-Amcon Distributing Company, DNOW-NOW Inc, DXPE-DXP Enterprises, Inc., EVI-EVI Industries Inc, FAST-Fastenal Co., GCO-Genesco Inc., GFN-General Finance Corporation, GMS-GMS Inc, GNLN-Greenlane Holdings Inc, GPC-Genuine Parts Co.

Latest intraday update before market close @ 19:45:53 PM 07/30/2021

Summary :

Average return is down -0.8%

Median return is down -0.7%

24 out of 81 stocks are up (limited to those with intraday pricing feeds).

Top Movers : UUU -10.7%, VRTV -6.1%, RCON -6.1%, MRC -6.0%, SUMR -5.5%, APLS -3.9%, GWW -3.7%, NS -3.7%, DIT -3.5%, GNLN -3.3%, MPAA -3.1%, LNDC -3.1%, GRWG -2.9%, LPL -2.8%, HBP -2.7%, ASPN -2.6%, HFFG -2.3%, MYO -2.3%, GMS -2.3%, LAWS -2.2%, ACET -2.0%,

Aggregated price index

Aggregated price index with volume information

Summary:

Distribution Services stocks down 0.6% on average while median return down 0.5% in a day
Distribution Services stocks up 1.3% on average while median return up 1.3% in a week
Distribution Services stocks down 1.7% on average while median return down 1.6% 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

Click on + to show price series and click on ticker for stock detail page

Ticker	1 Day Return	1 Week Return	1 Month Return	PE Ratio	PE/G	P/B (mrq)	P/S (ttm)	Earning Growth	MarketCap	Short %	Held By Institutions %	RSI	Price Pattern	Days Since Channel Change	Channel Slope (daily rate %)	Half Channel Bandwidth	Distance to Channel MidPoint %

HWKN	12.4%	15.2%	10.9%	18.77		2.49	1.12	91%	771.2M	1%	63%	72	/\	72	-0.1%	6.7%	13.7%
MOHO	11.2%	14.3%	-4.0%				0.20		27.1M		2%	53	\/\	108	-0.5%	29.2%	23.8%
INT	5.6%	17.5%	8.6%	25.15	4.83	1.04	0.11	-54%	2.2B	2%	95%	67	\/\	85	-0.1%	10.2%	11.2%
NOVA	3.8%	9.4%	1.2%		-0.08	4.61	22.35		4.3B	9%	97%	60	/-\	85	-0.2%	17.4%	15.3%
WILC	3.0%	6.5%	-1.7%			2.38		1634%	1.1B	0%	10%	52
CHNR	2.2%	-4.7%	-7.2%			0.49	8.07		52.4M	0%	1%	46
BXC	2.0%	5.2%	-14.6%	2.87	0.11	3.27	0.12		406.7M	4%	76%	51	\/-	85	0.0%	11.3%	-8.2%
AEY	1.4%	-5.9%	-14.5%			2.17	0.63		27.8M	2%	4%	39	-/\	142	-0.1%	22.8%	-3.6%
LTRX	1.3%	1.3%	1.9%	-32.15	1.45	3.40	2.29		151.7M	1%	26%	52	\/	168	0.1%	10.8%	-1.5%
AFIB	1.2%	-7.8%	-9.3%				56.62		432M	24%	96%	50	\/	50	0.1%	24.8%	2.1%
DXPE	1.2%	0.9%	-2.0%	-17.27	1.6	1.58	0.59	-94%	626.9M	4%	73%	53	\/	85	0.2%	11.5%	-2.6%
PDCO	1.2%	3.6%	2.4%	19.34	1.36	3.55	0.59	110%	3B	14%	89%	52	\/-	85	-0.0%	8.6%	-3.7%
PLUS	1.2%	3.2%	6.7%	16.66	3.05	2.07	0.74	17%	1.2B	2%	98%	60	\/\	85	-0.1%	7.4%	4.7%
SCSC	1.1%	7.6%	-1.9%	-3.04	1.03	1.03	0.24	665%	700.6M	2%	99%	56	\-/\	85	-0.1%	11.5%	0.1%
ACU	0.9%	-1.1%	-5.1%		1.61	2.26	0.85	60%	147.4M	0%	67%	46	/	72	0.1%	4.8%	-4.2%
WSTG	0.9%	-0.8%	13.2%			2.35	0.45	82%	123.4M	0%	44%	59	-\/	55	0.2%	6.4%	0.9%
OMI	0.8%	-1.0%	9.3%	27.53	0.45	4.17	0.38		3.5B	11%	90%	57	-/	168	0.5%	7.6%	1.7%
AIT	0.7%	2.0%	-1.5%	30.41	1.82	3.53	1.08		3.5B	2%	93%	52	\/-	85	-0.0%	7.8%	-2.8%
KTRA	0.7%	-5.5%	-32.2%						50.6M	6%	7%	38	/-	121	-0.0%	19.4%	-9.5%
AVT	0.6%	3.3%	3.1%	25.51	1.8	0.98	0.21		4.1B	3%	97%	58	\-/\	85	-0.0%	6.3%	0.8%

* 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 $ASPN 25.8%, $RUSHB 15.0%, $WSTG 13.2%, $HWKN 10.9%, $DIT 10.7%
1M losers are : Losers for past month are $UUU -26.4%, $ACET -28.1%, $MARK -30.1%, $MYO -30.3%, $KTRA -32.2%
1W winners are : Winners for past week are $HBP 19.6%, $INT 17.5%, $HWKN 15.2%, $MOHO 14.3%, $NUZE 11.3%
1W losers are : Losers for past week are $LNDC -7.4%, $AFIB -7.8%, $ACET -9.0%, $JCTCF -9.2%, $MYO -14.1%

Pick two stocks to compare:

ARW

AVT

Correlation Analysis

Index correlation analysis

Correlation for the past month is 24.8%, for the past 3 months is 15.7%

In the past month for a 5 days rolling window, the highest corrrelation is 39.5%, the lowest correlation is 3.7%, the latest correlation is 15.2%

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 92.0% between ARW and AVT

The lowest correlation is -80.4% between GFNCP and GFNSZ