Aggregated price index with volume information
- Electrical Products stocks up 0.1% on average while median return up 0.1% in a day
- Electrical Products stocks down 0.3% on average while median return down 0.4% in a week
- Electrical Products stocks down 10.4% on average while median return down 8.2% 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 $AYI 6.0%, $BDC 4.2%, $ULBI 2.5%, $THR 1.4%
- 1M losers are : Losers for past month are $ERII -21.7%, $AMSC -21.8%, $PPSI -22.4%, $EOSE -36.2%, $TPIC -47.5%
- 1W winners are : Winners for past week are $JKS 11.9%, $XPEV 11.7%, $POWL 8.1%, $PPSI 7.7%, $SOL 6.6%
- 1W losers are : Losers for past week are $SPLP -5.5%, $BW -6.4%, $OESX -6.7%, $HCTI -7.1%, $TPIC -14.2%
Index correlation analysis
Correlation for the past month is 19.2%, for the past 3 months is 15.5%
In the past month for a 5 days rolling window, the highest corrrelation is 37.9%, the lowest correlation is 5.2%, the latest correlation is 19.4%
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 80.3% between ETN and HUBB
The lowest correlation is -49.8% between CBAT and EFOI
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Atlanta, Sept. 28, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE: AYI; "Company") today declared a quarterly dividend of 13 cents per share. The dividend is payable on November 1, 2023, to shareholders of record on October 18, 2023. About Acuity Brands Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Light