Aggregated price index
Aggregated price index with volume information
Summary:
- Finance/Rental/Leasing stocks down 2.0% on average while median return down 2.2% in a day
- Finance/Rental/Leasing stocks up 0.7% on average while median return up 0.0% in a week
- Finance/Rental/Leasing stocks down 9.1% on average while median return down 11.0% 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 $PMTS 18.0%, $EOSE 12.2%, $SAND 10.8%, $WINA 7.0%, $FCFS 3.7%
- 1M losers are : Losers for past month are $AAN -35.0%, $TREE -36.8%, $AHCO -37.8%, $OPRT -43.8%, $CURO -56.0%
- 1W winners are : Winners for past week are $OPRT 46.9%, $EOSE 38.3%, $AIHS 8.1%, $QFIN 7.4%, $CURO 6.3%
- 1W losers are : Losers for past week are $CAR -5.9%, $GHLD -6.2%, $AAN -11.8%, $NICK -12.7%, $FPAY -14.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 25.3%, for the past 3 months is 20.4%
In the past month for a 5 days rolling window, the highest corrrelation is 27.8%, the lowest correlation is -0.2%, the latest correlation is 25.5%
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 90.7% between AXP and DFS
The lowest correlation is -47.9% between CPSS and FPAY
Stock news
GREENVILLE, S.C., March 22, 2023--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it has commenced lending operations in Arizona, its 19th U.S. state, and expects to open its first branch within Arizona during the second quarter of 2023.
United Rentals (URI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Gatx (GATX) have what it takes? Let's find out.
URI vs. JHX: Which Stock Is the Better Value Option?
AECOM (ACM) to facilitate project management for master planning, design and construction services for the NIA.
NEW YORK, March 22, 2023--American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Thursday, April 20, 2023, to discuss first-quarter 2023 financial results.
Here is how Sterling Infrastructure (STRL) and United Rentals (URI) have performed compared to their sector so far this year.
Herc Holdings (HRI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Medallion Financial (MFIN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
DUBAI, United Arab Emirates & SINGAPORE & CASABLANCA, Morocco, March 22, 2023--As global populations navigate macroeconomic headwinds, consumers expect remittances to play an even stronger role in their current and future financial planning. According to Western Union’s inaugural Global Money Transfer Index launched today, 64% of money transfer consumers send and/or receive money once a month or more. Over the next 12 months, 75% expect these remittances to increase.