Aggregated price index with volume information
Summary:
- Genetic Testing Firms stocks down 0.0% on average while median return down -0.5% in a day
- Genetic Testing Firms stocks down 4.2% on average while median return down 4.1% in a week
- Genetic Testing Firms stocks down 7.7% on average while median return down 7.8% 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.
- 1M winners are : Winners for past month are $CODX 4.5%, $DGX 0.6%
- 1M losers are : Losers for past month are $NTRA -8.2%, $VCYT -10.0%, $MYGN -16.8%, $NEOG -25.6%
- 1W winners are : Winners for past week are
- 1W losers are : Losers for past week are $CODX -4.2%, $MYGN -5.4%, $NEOG -6.2%, $NTRA -9.7%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 34.6%, for the past 3 months is 30.1%
In the past month for a 5 days rolling window, the highest corrrelation is 68.6%, the lowest correlation is -10.2%, the latest correlation is 19.4%
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 66.9% between DGX and LH
The lowest correlation is -21.2% between DGX and NEOG
We have narrowed our search to five S&P 500 medical stocks that are poised to beat on first-quarter earnings results.These are: HCA, UHS, LH, EW, PODD.
Labcorp (LH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Labcorp (LH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Labcorp (LH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neogen® Corporation (NASDAQ: NEOG) announced today that it has formed a genomics relationship with Performance Food Group (NYSE: PFGC), making the company the official genomics provider for the food group's PathProven service.
Steven Chapman, CEO and President of Natera Inc (NASDAQ:NTRA), has sold 6,816 shares of the company on April 15, 2024, according to a recent SEC Filing.
Neogen Corp (NASDAQ:NEOG) COO Douglas Jones has recently increased his stake in the company by purchasing 10,000 shares on April 17, 2024, according to a SEC Filing.
80% of people diagnosed with anxiety, depression report losing years or decades of timeSALT LAKE CITY, April 17, 2024 (GLOBE NEWSWIRE) -- An astonishing 44% of Americans feel they have lost time in their lives due to poor mental health. That number jumps to nearly 80% for those diagnosed with anxiety and/or depression, according to the latest GeneSight Mental Health Monitor, a nationwide survey from Myriad Genetics, Inc. (NASDAQ:MYGN), a leader in genetic testing and precision medicine. Of those
Quest Diagnostics (DGX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SALT LAKE CITY, April 16, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced that Prenatal Diagnosis has published a study1 demonstrating exceptional positive predictive value (PPV) for 22q11.2 microdeletion screening using Myriad’s prenatal cell-free DNA (pcfDNA) screen, Prequel®, which incorporates fetal fraction amplification. Prior studies from other commercial pcfDNA laboratories have reported a broad range of