Market Composite

Electrical Products Stocks$220.40

2.53%4:00PM 09/27/2021

The list of companies include AME-Ametek Inc, AMSC-American Superconductor Corp., ATKR-Atkore International Group Inc, AYI-Acuity Brands, Inc., AZZ-AZZ Inc, BDC-Belden Inc, BE-Bloom Energy Corp, BLDP-Ballard Power Systems Inc., BW-Babcock & Wilcox Enterprises Inc, CBAT-CBAK Energy Technology Inc, CPST-Capstone Turbine Corp., CSIQ-Canadian Solar Inc, DPW-DPW Holdings Inc, EAF-GrafTech International Ltd., EFOI-Energy Focus Inc, EMR-Emerson Electric Co., ENS-Enersys, EOSE-Eos Energy Enterprises Inc, ERII-Energy Recovery Inc, ETN-Eaton Corporation plc, GNRC-Generac Holdings Inc, HUBB-Hubbell Inc., IPWR-Ideal Power Inc, ITGR-Integer Holdings Corp, LFUS-Littelfuse, Inc., LITE-Lumentum Holdings Inc, OEG-Orbital Energy Group Inc, OESX-Orion Energy Systems Inc, OPTT-Ocean Power Technologies, POWL-Powell Industries, Inc.

Latest intraday update before market close @ 19:46:07 PM 09/27/2021

Summary :

Average return is up 3.0%

Median return is up 2.7%

40 out of 44 stocks are up (limited to those with intraday pricing feeds).

Top Movers : OPTT 4.7%, RUN 4.9%, EAF 5.1%, SUNW 5.2%, OEG 5.4%, SPWR 5.9%, BE 5.9%, EOSEW 7.1%, AMSC 7.6%, BW 7.9%, PPSI 13.8%,

Aggregated price index

Aggregated price index with volume information

Summary:

Electrical Products stocks up 2.5% on average while median return up 2.4% in a day
Electrical Products stocks up 5.1% on average while median return up 4.2% in a week
Electrical Products stocks down 2.6% on average while median return down 3.1% 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	Resist Support	Days Since Channel Change	Channel Slope (daily rate %)

PPSI	8.3%	10.6%	-11.5%			2.96	2.34		30.7M	2%	6%	48	/-		137	-0.3%
BW	7.5%	6.4%	-15.0%	16.68	-68.72		1.10		556.1M	3%	78%	47	\-/\		93	-0.2%
AMSC	7.1%	10.7%	17.1%	-14.95	-2.04	3.25	4.75		415.1M	4%	71%	60	\/\	Above resistance	93	-0.3%
SPWR	5.8%	12.2%	10.5%	9.79	-2.87	12.15	3.84		4.1B	19%	35%	59	-/-		184	-0.2%
BE	5.7%	7.4%	-4.4%	-27.66	-12.2	704.29	5.11		2.9B	12%	69%	49	-/\		184	-0.2%
EAF	5.3%	7.5%	2.4%	8.51	-1.23		2.59	-19%	2.9B	3%	91%	53	\/\	At resistance	93	-0.2%
OPTT	5.2%	8.7%	8.7%			1.53	104.62		117.5M	8%	7%	56	\/-		184	-0.2%
OEG	5.1%	12.3%	4.1%		-0.26		5.60		213.7M	3%	19%	52	-/-		93	-0.3%
SUNW	4.8%	-2.5%	-17.6%		-2.94	3.30	8.14		166.6M	17%	32%	37	-/-		93	-0.4%
EOSE	4.7%	13.8%	2.4%				2622.53		753.1M	26%	49%	54	/\		132	-0.2%
RUN	4.7%	5.2%	1.5%	-41.31	-4.76	1.74	10.27		9.3B	23%	95%	50	-/\-		93	-0.1%
EOSEW	4.4%	14.4%	-3.1%						771.6M			50	\-		164	-0.3%
JKS	4.0%	0.8%	-0.1%		0.54	0.18	0.05		1.3B		49%	44	\/\/		93	0.3%
POWL	3.2%	5.5%	2.7%	853.64	113.23	1.24	0.83		301.4M	4%	72%	55	\/\		93	-0.4%
BLDP	3.1%	0.9%	-5.6%		-3731.67	3.58	51.90		4.5B		37%	46	/\		184	-0.3%
SOL	3.1%	-0.7%	-0.4%		4.39	1.33	8.40		465.2M		36%	45	-/-		184	-0.3%
ATKR	2.9%	16.5%	14.1%	10.97	0.37	5.56	1.58	219%	4.6B	2%	101%	68	\/	Above resistance	93	0.2%
EFOI	2.9%	2.9%	-4.5%			4.72	1.12		16.4M	8%	6%	48	/\		178	-0.2%
TPIC	2.9%	1.4%	-15.0%	215.37	1.75	8.35	0.95		1.3B	9%	101%	45	-/\		93	-0.3%
CSIQ	2.8%	1.0%	-4.3%	45.23	2.53	1.50	0.63	-79%	2.1B	17%	51%	43	\/\		93	-0.2%

* 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 $AMSC 17.1%, $ATKR 14.1%, $SPWR 10.5%, $OPTT 8.7%, $BDC 8.4%
1M losers are : Losers for past month are $OESX -11.8%, $TPIC -15.0%, $BW -15.0%, $SUNW -17.6%, $CBAT -19.1%
1W winners are : Winners for past week are $IPWR 17.6%, $ATKR 16.5%, $EOSEW 14.4%, $EOSE 13.8%, $THR 13.6%
1W losers are : Losers for past week are $SOL -0.7%, $ABB -0.7%, $ETN -0.9%, $XPEV -1.3%, $SUNW -2.5%

Pick two stocks to compare:

CSIQ

JKS

Correlation Analysis

Index correlation analysis

Correlation for the past month is 31.1%, for the past 3 months is 26.8%

In the past month for a 5 days rolling window, the highest corrrelation is 55.6%, the lowest correlation is 7.8%, the latest correlation is 34.2%

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 82.9% between CSIQ and JKS

The lowest correlation is -50.2% between AYI and CPST