Aggregated price index
Aggregated price index with volume information
Summary:
- Dog and Cat Food stocks down 1.9% on average while median return down 1.0% in a day
- Dog and Cat Food stocks down 8.9% on average while median return down 2.6% in a week
- Dog and Cat Food stocks down 9.4% on average while median return down 1.3% 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.
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 $TSN 9.1%, $IBA 7.9%, $VITL 7.3%, $SEB 5.3%, $JJSF 1.9%
- 1M losers are : Losers for past month are $TTCF -15.9%, $FREEW -22.2%, $AVO -23.3%, $NUZE -29.8%, $PETZ -88.9%
- 1W winners are : Winners for past week are $IBA 3.7%, $TSN 3.0%, $FRPT 2.4%, $SAFM 0.6%
- 1W losers are : Losers for past week are $AVO -7.2%, $FREEW -15.7%, $NUZE -16.5%, $LSF -20.4%, $PETZ -86.8%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 12.5%, for the past 3 months is 16.0%
In the past month for a 5 days rolling window, the highest corrrelation is 28.0%, the lowest correlation is -1.0%, the latest correlation is 7.6%
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 96.1% between CENT and CENTA
The lowest correlation is -56.4% between AVO and MMMB
Stock news
San Antonio, TX, based Investment company Trust Co (Current Portfolio) buys iShares Russell 3000 ETF, iShares MSCI ACWI Ex US Index Fund, Tapestry Inc, Wells Fargo, Activision Blizzard Inc, sells iShares iBonds Dec 2021 Term Corporate ETF, ConocoPhillips, Texas Instruments Inc, Anthem Inc, Brookfield Infrastructure Partners LP during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Trust Co.
There was no company-specific news out on Beyond Meat today, but yesterday, Financial Times noted that it had become one of the most shorted stocks on the U.S. stock market. According to Financial Times, 42% of the Beyond Meat float is now sold short, higher than any other Russell 1000 stock, meaning a significant percentage of investors are betting on the stock to fall. Financial Times went on to say that investors had become concerned after the company said in October that third-quarter reve...
Nearly 90% of processing plants owned by five big U.S. meat companies had COVID-19 cases in 2020 and early 2021, a Reuters analysis of public data found, as a congressional committee investigates how meatpackers handled the pandemic. The U.S. House Select Subcommittee on the Coronavirus Crisis began its probe last year amid evidence the plants were major spreaders of COVID-19 and that workers suffered unusually severe outbreaks. “The impact of the coronavirus on the essential workers of the me...
Vital Farms Pasture-Raised Eggs Now Featured on HomeState’s Texas-Inspired MenuAUSTIN, Texas, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Today Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, announced HomeState as its newest foodservice partner. HomeState, a Texas Kitchen based in Southern California that aims to bring high-quality food and hospitality to Los Angeles, is pleased to use Vital Farms pasture-raised eggs in the many egg offeri
Today marks two weeks of Veganuary, an annual challenge for people to start the year by consuming no animal products for a month. But as hundreds...
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Kroger (KR) is making constant efforts to facilitate quick deliveries of fresh grocery. It stretches its tie-up with Nuro to make efficient deliveries via a third-generation autonomous delivery vehicle.
What happened Shares of plant-based meat company Beyond Meat (NASDAQ: BYND) refused to go down with the rest of the market on Thursday. Instead the stock was up 9% as of 3 p.m. ET. By contrast, the S&P 500 was down 1.