Aggregated price index
Aggregated price index with volume information
Summary:
- Gold Mining and Loyalty stocks up 1.4% on average while median return up 1.6% in a day
- Gold Mining and Loyalty stocks up 6.3% on average while median return up 7.0% in a week
- Gold Mining and Loyalty stocks down 0.1% on average while median return down -0.1% 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 $BVN 26.5%, $KGC 14.6%, $TGB 9.6%, $EGO 9.2%, $SSRM 9.0%
- 1M losers are : Losers for past month are $HBM -8.4%, $SAND -8.7%, $IAG -10.1%, $ASA -10.8%, $XME -13.5%
- 1W winners are : Winners for past week are $HMY 21.5%, $BVN 14.7%, $EQX 14.4%, $NUGT 14.3%, $AU 13.7%
- 1W losers are : Losers for past week are $DZZ -0.3%, $TGB -1.7%, $GLL -2.4%, $SAND -7.5%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 60.2%, for the past 3 months is 53.4%
In the past month for a 5 days rolling window, the highest corrrelation is 66.0%, the lowest correlation is 41.0%, the latest correlation is 60.5%
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 99.9% between AAAU and GLD
The lowest correlation is -99.9% between GLD and GLL
Stock news
Toronto, Ontario--(Newsfile Corp. - September 30, 2022) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") today announced that Deborah Starkman has resigned from the Board of Directors effective as of the close of business on September 30, 2022. Ms. Starkman's decision to resign was to focus on her other professional commitments. Ms. Starkman has served on the IAMGOLD Board of Directors since December 2020. Maryse Bélanger, Chair of the Board and ...
TORONTO, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its third quarter 2022 financial results after market close on Wednesday, October 26, 2022. Senior management will host a conference call on Thursday, October 27, 2022 at 10:00 am ET to discuss the results. Participants may join the conference call via webcast or through the following dial-in numbers: Toronto and International:(416) 340-2217Toll free (Canada and the Unite
Investors need to pay close attention to Hecla Mining (HL) stock based on the movements in the options market lately.
In the latest trading session, Barrick Gold (GOLD) closed at $15.10, marking a +1% move from the previous day.
Newmont Corporation (NEM) closed the most recent trading day at $41.76, moving -1.02% from the previous trading session.
(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross” or the “Company”) (TSX: K, NYSE: KGC) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted the notice filed by the Company to amend its normal course issuer bid (“NCIB”) program effective as of October 4, 2022. The amendment increases the maximum number of common shares that may be repurchased from 65,002,277 of its
Toronto, Ontario--(Newsfile Corp. - September 29, 2022) - Seabridge Gold (TSX: SEA) (NYSE: SA) has filed its supplemental Sustainability Report providing insight to the Company's commitment to local communities, environment and sustainability. The report captures the last quarter of 2021 to highlight progress towards integrating sustainability into all aspects of our business. To review the report and supporting data tables please go to https://www.seabridgegold.com/sustainability.Seabridge Chai
By Ambar Warrick