Aggregated price index
Aggregated price index with volume information
Summary:
- Food: Specialty/Candy stocks down 0.5% on average while median return down 0.8% in a day
- Food: Specialty/Candy stocks down 1.6% on average while median return down 1.0% in a week
- Food: Specialty/Candy stocks down 6.3% on average while median return down 0.6% 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 $NATR 8.3%, $BRID 7.9%, $JBSS 6.6%, $RMCF 6.5%, $TWNK 5.9%
- 1M losers are : Losers for past month are $FREE -16.2%, $DTEA -18.3%, $CVGW -25.1%, $LSF -26.4%, $RIBT -27.8%
- 1W winners are : Winners for past week are $FRPT 13.5%, $NATR 10.4%, $CVGW 5.0%, $NAII 4.9%, $LANC 3.4%
- 1W losers are : Losers for past week are $STKL -6.9%, $FREE -7.7%, $DTEA -10.6%, $LSF -11.0%, $RIBT -21.8%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 16.4%, 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 3.5%, the latest correlation is 21.4%
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 80.4% between HSY and MKC
The lowest correlation is -58.9% between PETZ and POST
Stock news
Inter Parfums (IPAR) benefits from the impressive performance of its brands. The company's focus on product launches is impressive.
Hormel Foods (HRL) is hurt by the continued impact of inflationary pressures, supply chain inefficiencies and drab sales volumes.
Kraft Heinz (KHC) unveils an extended alliance with BEES to boost the points of sale in Latin America. The company is particularly focused on strengthening its footprint in Colombia, Mexico and Peru.
The Estee Lauder Companies (EL) has a strong presence in emerging markets, which has been yielding. However, a rising inflationary environment hurts.
Lamb Weston (LW) is benefiting from a robust price/mix. Also, the company is focused on undertaking strategic growth efforts like expanding capacity.
Key Insights Using the 2 Stage Free Cash Flow to Equity, Lamb Weston Holdings fair value estimate is US$97.68 Current...
Nature’s Sunshine Products, Inc. (NASDAQ:NATR) Q4 2022 Earnings Call Transcript March 15, 2023 Operator: Good afternoon, everyone and thank you for participating in today’s Conference Call to discuss Nature’s Sunshine’s Financial Results for the Fourth Quarter and Full year ended December 31, 2022. Joining us today are Nature’s Sunshine CEO, Terrence Moorehead; CFO, Shane Jones […]
Nucor (NUE) provides earnings guidance for the first quarter. It expects higher sequential profits from its steel mills unit backed by higher volumes and margins.
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Nu Skin (NUS) bears the brunt of COVID-related disruptions, unfavorable currency movements and global inflation.