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Forest Products Stocks$176.36
3.43%4:00PM 03/01/2021
The list of companies include BCC-Boise Cascade Co, JELD-JELD-WEN Holding Inc., LPX-Louisiana-Pacific Corp., OSB-Norbord Inc., TREX-TREX Co., Inc., UFPI-UFP Industries Inc
Latest intraday update before market close @ 20:45:18 PM 03/01/2021
Summary :
Average return is up 3.4%
Median return is up 3.3%
5 out of 5 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Forest Products stocks up 3.4% on average while median return up 3.2% in a day
  • Forest Products stocks up 2.1% on average while median return up 3.5% in a week
  • Forest Products stocks up 13.3% on average while median return up 11.4% 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

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
PE Ratio
PE Growth Ratio
Price to Book (mrq)
Price to Sales (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
Price Pattern
Days Since Channel Change
Channel Slope (daily rate %)
Half Channel Bandwidth
Distance to Channel MidPoint %
BCC5.00%
0.70%
5.10%
11.811.372.300.3677.50%2.1B2.01%99.47%\/1260.19%10.55%3.17%
UFPI3.50%
4.00%
13.30%
17.560.82.540.7266.80%3.9B2.26%83.34%\-/\/630.11%8.68%6.10%
JELD3.20%
7.70%
11.40%
33.970.683.020.71454.10%3.1B2.86%95.00%\/1260.35%13.10%4.70%
LPX3.00%
3.50%
25.30%
10.991.274.101.825.2B7.25%96.33%\/630.32%11.50%13.55%
TREX2.40%
-6.30%
2.10%
62.173.3118.0312.0522.00%10.9B7.20%101.59%-/630.49%6.15%-7.62%

* 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.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are $LPX 25.3%, $UFPI 13.3%
  • 1M losers are : Losers for past month are
  • 1W winners are : Winners for past week are $JELD 7.7%, $UFPI 4.0%
  • 1W losers are : Losers for past week are $TREX -6.3%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 31.5%, for the past 3 months is 32.2%

In the past month for a 5 days rolling window, the highest corrrelation is 51.0%, the lowest correlation is -4.1%, the latest correlation is 39.5%

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 81.3% between BCC and LPX

The lowest correlation is -27.4% between BCC and OSB

Stock news

    02/24/2021UFPI
    UFP Industries Reports Record Earnings for Fourth Quarter and Year

    Value-added products and operational efficiencies help drive performanceGRAND RAPIDS, Mich., Feb. 24, 2021 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales and net earnings for the fourth quarter and fiscal year 2020. The company, while surpassing the $5 billion mark in annual net sales for the first time, also reported record EPS of $4.00 per diluted share for fiscal 2020, a 37 percent increase over the previous year. During the fourth quarter of fiscal 2...

    02/24/2021UFPI
    UFP Industries, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / February 24, 2021 / UFP Industries, Inc. (NASDAQ:UFPI) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 24, 2021 at 4:30 PM Eastern Time.

    02/23/2021TREX
    Here's Why Trex Stock Fell Today

    Shares of composite-decking company Trex (NYSE: TREX) were falling today after the company reported full-year 2020 results. As a result, Trex stock was down 9% for the day. Trex benefited throughout 2020 from people staying home more and making upgrades to their homes.

    02/23/2021TREX
    Return On Capital Employed Overview: Trex Co

    Looking at Q4, Trex Co (NYSE:TREX) earned $58.17 million, a 2.16% increase from the preceding quarter. Trex Co's sales decreased to $228.29 million, a 1.39% change since Q3. In Q3, Trex Co earned $56.94 million, whereas sales reached $231.50 million. What Is Return On Capital Employed? Changes in earnings and sales indicate shifts in Trex Co's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful gr...

    02/23/2021TREX
    Trex’s 4Q Sales Outperform On Strong Decking Demand

    Trex Co. reported 4Q net sales of $228 million that exceeded analysts’ expectations of $216 million. The manufacturer of wood-alternative decking and railing saw a year-over-year improvement of 39% in its top-line, reflecting solid demand across all of its product lines. Net sales of the company's residential products jumped 40% to $214 million. Commercial products contributed $15 million to consolidated 4Q sales. Trex’s (TREX) 4Q earnings jumped 19% to $0.37 per share year-over-year and surpass...

    02/23/2021TREX
    Should We Be Excited About The Trends Of Returns At Trex Company (NYSE:TREX)?

    If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...

    02/23/2021TREX
    Trex Company Inc (TREX) Q4 2020 Earnings Call Transcript

    With us on the call are Bryan Fairbanks, President and Chief Executive Officer; and Dennis Schemm, Senior Vice President and Chief Financial Officer. Joining Bryan and Dennis is Bill Gupp, Senior Vice President, General Counsel and Secretary as well as other members of Trex management.

    02/22/2021LPX
    Louisiana-Pacific Corporation -- Moody's changes outlook on Louisiana-Pacific to positive; affirms Ba1 rating

    Rating Action: Moody's changes outlook on Louisiana-Pacific to positive; affirms Ba1 ratingGlobal Credit Research - 22 Feb 2021Approximately $350 million of rated debtToronto, February 22, 2021 -- Moody's Investors Service, ("Moody's") changed Louisiana-Pacific Corporation's (LP) outlook to positive from stable and affirmed the company's Ba1 corporate family rating (CFR), Ba1-PD probability of default rating (PDR) and Ba2 senior unsecured bond rating. LP is constrained by 1) the highly competit...

    02/22/2021TREX
    Recap: Trex Co Q4 Earnings

    Shares of Trex Co (NYSE:TREX) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 39.34% year over year to $0.37, which beat the estimate of $0.36. Revenue of $228,286,000 higher by 38.55% from the same period last year, which beat the estimate of $215,900,000. Outlook Trex Co hasn't issued any earnings guidance for the time being. Q1 revenue expected to be between $235,000,000 and $245,000,000. How To Listen To The Conference Call D...

    02/22/2021UFPI
    Subsidiary of UFP Industries announces agreement to acquire the net operating assets of Spartanburg Forest Products and its affiliates

    GRAND RAPIDS, Mich., Feb. 22, 2021 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates. The purchase price for Spartanburg’s property, plants and equipment is approximately $17 million. Sunbelt will also purchase Spartanburg’s net working capital for an amount equal to the net book valu...