Aggregated price index with volume information
Summary:
- Distribution Services stocks down 0.7% on average while median return down 0.4% in a day
- Distribution Services stocks down 0.3% on average while median return down -0.0% in a week
- Distribution Services stocks down 4.0% on average while median return down 4.3% 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 $ASPN 38.7%, $GLP 12.6%, $LTRX 12.1%, $MRC 10.5%, $CAPL 9.7%
- 1M losers are : Losers for past month are $ACET -23.9%, $NOVA -24.0%, $CHEF -26.1%, $SDIG -26.9%, $UNFI -30.5%
- 1W winners are : Winners for past week are $ASPN 28.4%, $MPAA 8.2%, $GLP 7.8%, $GCO 7.0%, $CAPL 5.9%
- 1W losers are : Losers for past week are $WEYS -7.0%, $KTRA -8.0%, $CHEF -8.9%, $APLS -13.1%, $UNFI -25.0%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 13.6%, for the past 3 months is 9.4%
In the past month for a 5 days rolling window, the highest corrrelation is 26.1%, the lowest correlation is 3.3%, the latest correlation is 17.6%
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 91.5% between ARW and AVT
The lowest correlation is -52.5% between AE and AIT
Patterson Cos. (PDCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Veradigm's (MDRX) latest partnership is likely to promote value-based care initiatives for healthcare providers and the patients they serve.
Sunoco LP (SUN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Today's top research calls for upgrade, downgrade and initiate on stocks, as compiled by The Fly.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
A company that is capable of generating earnings well above its interest expense can withstand financial hardship. MOD, SFM, MOH and MCK are sound enough to meet financial obligations.
FREMONT, Calif., & CLEARWATER, Fla., September 29, 2023--TD SYNNEX (NYSE: SNX) today announced the appointments of Kathy Crusco and Claude Pumilia to its board of directors effective September 28, 2023. The two appointments expand the board from 11 to 13 members.
Global Partners LP (GLP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Celanese (CE) monetizes the majority of its Food Ingredients business while maintaining the demand benefits of raw material integration with the Acetyl Chain.
In this article, we discuss top 25 dividend aristocrats ranked by yield. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read Dividend Aristocrats Ranked By Yield: Top 10. At the start of the year, there was a lot of excitement surrounding tech stocks. However, […]