Aggregated price index
Aggregated price index with volume information
Summary:
- Electronic Computer Manufacturing stocks down 1.0% on average while median return down 1.2% in a day
- Electronic Computer Manufacturing stocks down 2.0% on average while median return down 2.4% in a week
- Electronic Computer Manufacturing stocks down 6.3% on average while median return down 6.6% 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 $NSYS 14.4%, $OMCL 6.0%, $DSWL 3.7%, $DGII 2.8%
- 1M losers are : Losers for past month are $SILC -9.4%, $TEL -13.4%, $KTCC -15.3%, $SMCI -24.3%, $NEON -25.5%
- 1W winners are : Winners for past week are $NSYS 9.4%, $RFIL 1.6%, $DAIO 1.3%, $SCKT 0.3%, $DSWL 0.1%
- 1W losers are : Losers for past week are $NEON -4.9%, $OMCL -5.2%, $TDC -6.0%, $TEL -6.2%, $SMCI -8.4%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 28.1%, for the past 3 months is 22.0%
In the past month for a 5 days rolling window, the highest corrrelation is 37.3%, the lowest correlation is 6.8%, the latest correlation is 20.2%
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 86.5% between FN and TEL
The lowest correlation is -43.1% between NSYS and TDC
Stock news
Quest Diagnostics (DGX) continues to make inroads with its health plans, gaining share and increasing revenues faster than the market.
BD's (BDX) latest combination test is expected to speed up the detection of the infection-causing viruses, thereby accelerating the implementation of the appropriate treatment plan.
Catalent's (CTLT) latest capability expansion is expected to boost its business in this key hub in its Asia-Pacific Clinical Supply Services network.
Exact Sciences' (EXAS) legacy Screening business is growing on impressive Cologuard volume growth and revenue contributions from the PreventionGenetics acquisition.
Coppell-based Dave & Buster’s Entertainment Inc. (Nasdaq: PLAY) bought Dallas-based Main Event in a deal valued at $835 million from Australian leisure and entertainment group Ardent Leisure Group Limited (ASX: ALG) and private equity firm RedBird Capital Partners, the company announced Wednesday. Dave & Buster’s and Main Event will continue to operate as separate brands, though Chris Morris, who’s been CEO of Main Event for the past two years, will take the helm of the combined company. “I am...
Cardinal Health's (CAH) latest collaboration is expected to significantly boost its distribution strategy and improve patient service.
Catalent's (CTLT) robust facility expansion activities and a slew of strategic deals raise optimism about the stock.
Investors are optimistic about Omnicell's (OMCL) strategic partnerships and continued innovations for the Autonomous Pharmacy.
Illumina's (ILMN) division GRAIL will offer the Galleri MCED blood test to eligible patients across the Community Health Network's care sites.