Aggregated price index
Aggregated price index with volume information
Summary:
- Electrical Products stocks down 2.3% on average while median return down 2.1% in a day
- Electrical Products stocks down 0.5% on average while median return down 1.0% in a week
- Electrical Products stocks down 9.6% on average while median return down 4.8% 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 $EOSE 12.2%, $XPEV 5.2%, $CSIQ 2.0%, $ERII 1.7%, $EMR 1.6%
- 1M losers are : Losers for past month are $EAF -19.0%, $BE -20.7%, $AMSC -22.2%, $RUN -24.9%, $SPIR -29.7%
- 1W winners are : Winners for past week are $EOSE 38.3%, $XPEV 19.8%, $ETN 4.3%, $ATKR 4.1%, $BW 3.9%
- 1W losers are : Losers for past week are $EAF -7.5%, $AMSC -8.1%, $RUN -8.8%, $SPIR -11.3%, $CBAT -12.4%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 37.0%, for the past 3 months is 32.1%
In the past month for a 5 days rolling window, the highest corrrelation is 51.0%, the lowest correlation is 16.3%, the latest correlation is 47.8%
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 93.2% between ETN and ROK
The lowest correlation is -62.6% between BW and PPSI
Stock news
HARVEY, Ill., March 22, 2023--Atkore Inc. announced the winner of its $100,000 Win the Truck of Your Dreams sweepstakes for electrical contractors & trade professionals worldwide.
Hubbell (HUBB) closed at $242.02 in the latest trading session, marking a +0.21% move from the prior day.
DUBLIN, March 21, 2023--Intelligent power management company Eaton (NYSE:ETN) has joined the Sustainable Procurement Pledge’s (SPP) League of Champions program, further demonstrating the company’s commitment to sustainable business practices.
Morgan Stanley analyst Josh Pokrzywinski upgrades Emerson stock to Buy from Hold. His price target is $96 a share.
Enphase Energy (NASDAQ: ENPH) and SolarEdge Technologies (NASDAQ: SEDG) have crushed the market. They also both have tons of cash and keep generating more. However, they're success has been an outlier in the solar industry, and they trade for extreme valuations.
Here is how Desktop Metal, Inc. (DM) and Energy Recovery (ERII) have performed compared to their sector so far this year.
Shares of Emerson Electric , which makes things such as motors and alternators, were raised to an overweight (buy) rating by the fundamental analysts at Morgan Stanley Tuesday. Emerson is working on buying National Instruments .
ST. LOUIS, March 21, 2023--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure solutions, has announced that the company has joined the Responsible Business Alliance ("RBA") as an affiliate member. In this capacity, Belden demonstrates the company’s commitment to progressively align operations with the RBA Code of Conduct. The RBA seeks to improve global supply chains by supporting and encouraging member companies and their suppliers to improve working and operational co
AutoNation, Atkore, Valero Energy, Hologic and Ryder System are part of the Zacks Screen of the Week article.
MIAMI, March 21, 2023 (GLOBE NEWSWIRE) -- EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 52nd Emerging Growth Conference on March 22, 2023. The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth. Register for the conference here. Submit Questions for any of the presenting companies