Aggregated price index
Aggregated price index with volume information
Summary:
- General Warehousing and Storage stocks up 0.8% on average while median return up 1.3% in a day
- General Warehousing and Storage stocks down 3.0% on average while median return down 0.5% in a week
- General Warehousing and Storage stocks down 8.3% on average while median return down 8.3% 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 $WHLM 1.1%
- 1M losers are : Losers for past month are $IAA -12.1%, $AXR -13.3%, $VVI -13.5%
- 1W winners are : Winners for past week are $MGRC 2.4%, $AXR 1.7%, $WHLM 1.1%
- 1W losers are : Losers for past week are $VVI -2.0%, $IAA -6.6%, $SELF -12.0%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 33.8%, for the past 3 months is 27.7%
In the past month for a 5 days rolling window, the highest corrrelation is 72.3%, the lowest correlation is -13.1%, the latest correlation is -1.9%
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 68.3% between MGRC and VVI
The lowest correlation is 1.1% between AXR and SELF
Stock news
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IAA, Inc. (NYSE: IAA) has opened a state-of-the-art, full-service facility in Bristol, located in the southwest region of the U.K. The Bristol site will significantly increase IAA's capacity and will enable the company to meet the growing needs of current and new customers. "The new branch in Bristol is vital to our ongoing expansion in the UK. Our new strategically located, 22-acre investment – which is licensed by the Environmental Agency – will contribute significantly to our sustainability g
ESSEX, England, June 09, 2022--IAA, Inc., (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, and its subsidiary, SYNETIQ, Ltd., announce the opening of a state-of-the-art, full-service facility in Bristol, located in the southwest region of the UK. The Bristol site will greatly increase the company’s capacity and enable it to meet the growing needs of current and new customers.
LIVERMORE, Calif., June 08, 2022--The Board of Directors of McGrath RentCorp (NASDAQ:MGRC), a diversified business-to-business rental company declared a quarterly cash dividend of $0.455 per common share for the quarter ended June 30, 2022. The dividend will be payable on July 29, 2022 to all shareholders of record on July 15, 2022. The year 2022 marks 31 consecutive years that McGrath RentCorp has raised its dividend to shareholders.