Market Composite

General Medical and Surgical Hospitals Stocks$227.04

0.23%4:00PM 07/30/2021

The list of companies include ACHC-Acadia Healthcare Company Inc, AVCO-Avalon GloboCare Corp, CYH-Community Health Systems, Inc., EHC-Encompass Health Corp, ENSG-Ensign Group Inc, FVE-Five Star Senior Living Inc., HCA-HCA Healthcare Inc, HNGR-Hanger Inc, MD-MEDNAX Inc, NFH-New Frontier Health Corporation, NHC-National Healthcare Corp., PNTG-Pennant Group Inc, RHE-Regional Health Properties Inc, SEM-Select Medical Holdings Corporation, SGRY-Surgery Partners Inc, SSY-Sunlink Health Systems Inc, THC-Tenet Healthcare Corp., UHS-Universal Health Services, Inc.

Latest intraday update before market close @ 19:45:38 PM 07/30/2021

Summary :

Average return is up 0.3%

Median return is up 0.5%

10 out of 18 stocks are up (limited to those with intraday pricing feeds).

Top Movers : HNGR 0.8%, ENSG 1.9%, NHC 2.6%, AVCO 2.8%, RHE 4.2%,

Aggregated price index

Aggregated price index with volume information

Summary:

General Medical and Surgical Hospitals stocks up 0.2% on average while median return up 0.1% in a day
General Medical and Surgical Hospitals stocks up 1.5% on average while median return up 0.9% in a week
General Medical and Surgical Hospitals stocks down 3.5% on average while median return down 2.4% 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/G	P/B (mrq)	P/S (ttm)	Earning Growth	MarketCap	Short %	Held By Institutions %	RSI	Price Pattern	Days Since Channel Change	Channel Slope (daily rate %)	Half Channel Bandwidth	Distance to Channel MidPoint %

AVCO	5.6%	11.0%	0.0%			21.00	66.83		81.8M	6%	3%	55	\	168	-0.1%	25.8%	0.8%
NHC	2.9%	4.7%	11.1%	13.27		1.31	1.11		1.2B	1%	47%	71	\/-	85	0.0%	6.3%	6.2%
ENSG	2.0%	-1.4%	-1.8%	26.65	1.7	5.17	1.88	21%	4.7B	5%	91%	47	\/\	85	-0.1%	6.1%	1.2%
HNGR	0.9%	1.6%	-2.9%	18.73	2.09	18.72	0.92		945.8M	5%	98%	52	\-/	85	0.1%	8.4%	-3.8%
UHS	0.9%	5.1%	9.5%	13.59	1.76	1.92	1.06	47%	13.6B	3%	97%	62	\-/	168	0.2%	6.8%	0.8%
SEM	0.7%	0.5%	-6.6%	16.3	0.77	4.80	0.97	108%	5.3B	6%	79%	47	\-/	252	0.6%	6.6%	-7.9%
EHC	0.5%	4.6%	6.7%	27.48	1.87	4.80	1.69	23%	8.3B	4%	95%	61	\/\	85	-0.0%	7.5%	1.4%
RHE	0.3%	8.1%	-29.9%				1.02		16.2M	20%	12%	44	-/	168	3.9%	17.9%	-26.2%
ACHC	0.1%	0.2%	-1.6%	-7.9	2	2.38	2.59	-71%	5.5B	5%	103%	48	\/	85	0.1%	6.2%	-5.2%
HCA	0.1%	-0.1%	20.1%	18.55	1.09	272.11	1.26	145%	82.1B	1%	70%	73	\/	158	0.3%	6.1%	8.1%
NFH	0.1%	-5.9%	-6.4%				0.65		1.4B	2%	51%	34	\-/-	85	-0.0%	4.9%	-5.8%
PNTG	0.0%	-0.6%	-16.3%				3.04	-68%	970M	5%	92%	37	\/\	85	-0.3%	17.9%	-0.3%
THC	-0.4%	0.3%	7.2%	19.06	5.56	57.18	0.39	4%	7.7B	10%	90%	59	\/	85	0.4%	6.0%	-2.1%
FVE	-0.7%	1.6%	-1.4%	13.79	2.16	0.82	0.82		179.3M	3%	41%	50	\/-\	83	-0.1%	16.6%	0.4%
CYH	-1.2%	-5.9%	-13.7%	3.71	2.48		0.17		1.8B	5%	84%	37	-/	85	0.5%	9.0%	-16.7%
SGRY	-1.3%	-3.2%	-18.1%		-128.7	11.24	2.76		3.3B	3%	139%	35	\/	85	0.5%	6.1%	-16.2%
MD	-1.6%	1.3%	-3.4%	-3.22	16.22	3.40	1.52		2.5B	13%	108%	46	\/	168	0.3%	10.7%	-9.9%
SSY	-4.8%	3.2%	-24.6%			1.22	0.48		17.9M	8%	16%	47	\/	83	0.3%	12.6%	-14.7%

* 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 $HCA 20.1%, $NHC 11.1%, $UHS 9.5%, $THC 7.2%, $EHC 6.7%
1M losers are : Losers for past month are $CYH -13.7%, $PNTG -16.3%, $SGRY -18.1%, $SSY -24.6%, $RHE -29.9%
1W winners are : Winners for past week are $AVCO 11.0%, $RHE 8.1%, $UHS 5.1%, $NHC 4.7%, $EHC 4.6%
1W losers are : Losers for past week are $PNTG -0.6%, $ENSG -1.4%, $SGRY -3.2%, $CYH -5.9%, $NFH -5.9%

Pick two stocks to compare:

SEM

SGRY

Correlation Analysis

Index correlation analysis

Correlation for the past month is 36.0%, for the past 3 months is 26.6%

In the past month for a 5 days rolling window, the highest corrrelation is 57.7%, the lowest correlation is 5.4%, the latest correlation is 5.4%

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 89.9% between SEM and SGRY

The lowest correlation is -32.8% between NFH and UHS