MARKET COMPOSITE
Electronics/Appliance Stores Stocks19-30-2024 20:30:00 PM
Price
$82.22
+ 0.87%
The list of companies include BBY-Best Buy Co. Inc., CONN-Conns Inc, GME-Gamestop Corporation, KSPN-Kaspien Holdings Inc, RCII-Rent-a-Center Inc.
* Latest intraday update before market close @ 19:45:14 PM 04/19/2024
Summary
:
Average return is up 1.3%
Median return is up 0.6%
3 out of 3 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
BBY + 0.2%GME + 0.6%CONN + 3.3%

Aggregated price index with volume information

Summary:

  • Electronics/Appliance Stores stocks up 0.9% on average while median return up 1.1% in a day
  • Electronics/Appliance Stores stocks down 4.4% on average while median return down 3.2% in a week
  • Electronics/Appliance Stores stocks down 3.2% 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
Ticker
1d
7d
30d
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 %)
CONN1.4%
-7.7%
7.2%
-0.540.231.250.5390.8M10%52%54-/\220-0.2%
GME1.1%
-3.2%
-22.7%
473.6413.5216.852.783.2B29%41%35\273-0.2%
BBY0.2%
-2.4%
-3.1%
13.411.436.480.54274%16.4B3%82%42/\-439-0.0%
* 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.
Detail Performance Summary
  • 1M winners are : Winners for past month are $CONN 7.2%
  • 1M losers are : Losers for past month are $GME -22.7%
  • 1W winners are : Winners for past week are
  • 1W losers are : Losers for past week are $CONN -7.7%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 7.4%, for the past 3 months is 12.1%

In the past month for a 5 days rolling window, the highest corrrelation is 40.0%, the lowest correlation is -21.7%, the latest correlation is 31.5%

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 20.7% between CONN and GME

The lowest correlation is -11.5% between BBY and GME

Stock news

    Conn’s, Inc. (NASDAQ:CONN) Q4 2024 Earnings Call Transcript April 11, 2024 Conn’s, Inc. beats earnings expectations. Reported EPS is $-1.25, expectations were $-1.57. Conn’s, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning and thank you for holding. […]

    Three months after acquiring a rival home goods retailer, Conn’s is focusing on consumer financing as a revenue driver.

    Conn's Inc reports a significant year-over-year revenue increase and strategic gains post-W.S. Badcock acquisition, despite mixed financial performance.

    Q4 2024 Conn's Inc Earnings Call04-12-2024 05:10:11 AM

    Q4 2024 Conn's Inc Earnings Call

    There are seven meme stocks to sell in April before the worst comes to worst. Meme stocks are often driven by hype and social media frenzy rather than fundamental business factors, can be incredibly volatile and unpredictable. While the potential for big gains can be enticing, the risks involved shouldn’t be overlooked. These stocks can experience sudden and dramatic price swings, fueled by the whims of retail investors rather than the company’s actual performance. This makes it extremely diffic

    Conn's (CONN) delivered earnings and revenue surprises of 20.38% and 13.33%, respectively, for the quarter ended January 2024. Do the numbers hold clues to what lies ahead for the stock?

    THE WOODLANDS, Texas, April 11, 2024 (GLOBE NEWSWIRE) -- Conn’s, Inc. (NASDAQ: CONN) (“Conn’s” or the “Company”), a specialty retailer of home goods, including furniture and mattresses, appliances, and consumer electronics, today announced its financial results for the quarter and year ended January 31, 2024. “Since completing the transformative transaction with W.S. Badcock ("Badcock") in December 2023, we have focused on successfully integrating the two organizations, aligning around a common

    Best Buy (BBY) collaborates with Google Cloud and Accenture to launch gen AI-driven customer and employee support services, enhancing efficiency and personalization.

    An underappreciated part of investing is knowing when to cut your losses. No one bats a thousand in this field; even the best investors make some bad picks and come up with ideas that don’t pan out from time to time. It’s one thing to get a pick wrong. It’s quite another thing to stay wrong. Further to that, there’s no reason to be loyal to a stock just because you already own it. In fact, investors should pay special attention to make sure they don’t fall prey to sunk cost fallacy. It’s never t

    Consumption spending is the key growth driver for the U.S. economy. Within consumption spending, retail sales are an important catalyst for GDP growth. Given this fact, some large retailers have been evergreen stocks in the last few decades. However, with macroeconomic and inflationary headwinds, retail stocks have been relatively subdued in the last 24 months. In my view, that’s likely to change relatively soon. With inflation gradually cooling and sluggish GDP growth, multiple rate cuts might