Aggregated price index
Aggregated price index with volume information
Summary:
- Gold Mining and Loyalty stocks up 0.4% on average while median return up 0.4% in a day
- Gold Mining and Loyalty stocks down 4.1% on average while median return down 4.6% in a week
- Gold Mining and Loyalty stocks down 6.0% 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.
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 $SCPL 14.7%, $DZZ 5.6%, $GLL 5.2%, $DRD 4.8%, $DGZ 2.4%
- 1M losers are : Losers for past month are $HL -13.7%, $NEM -15.7%, $NUGT -20.2%, $GORO -20.6%, $TGB -25.3%
- 1W winners are : Winners for past week are $DZZ 4.2%, $GLL 3.3%, $DGZ 2.4%, $CMCL 2.1%
- 1W losers are : Losers for past week are $EQX -8.8%, $TGB -9.5%, $GORO -10.2%, $NUGT -10.7%, $NGD -11.5%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 40.3%, for the past 3 months is 44.0%
In the past month for a 5 days rolling window, the highest corrrelation is 51.6%, the lowest correlation is 14.0%, the latest correlation is 42.3%
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 AAAU and GLL
Stock news
TORONTO, May 26, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported a summary of the voting results of its Annual General Meeting of Shareholders (the “Meeting”). The Company is also announcing the retirement of Kenneth Stowe from the Board of Directors, and the appointment of Shaun Usmar. “On behalf of the Board of Directors and management, I would like to thank Ken for his exceptional contributions throughout his many years on the Board, in
HALIFAX, Nova Scotia, May 26, 2023 (GLOBE NEWSWIRE) -- Morien Resources Corp. ("Morien" or the "Company") (TSX-V:MOX), announced today the appointment of Ms. Beau White to the Company’s Board of Directors (the “Board”). Morien also granted stock options to directors and officers of the Company pursuant to its incentive stock option plan. Board Appointment Beau White brings significant experience in finance and accounting in both the public and private company sectors. Ms. White currently serves
While Albemarle (ALB) faces headwinds from high input costs, it benefits from higher lithium volumes and actions to boost its global lithium capacity.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
LOS ANGELES, CA - (NewMediaWire) - May 25, 2023 - (InvestorBrandNetwork via NewMediaWire) - IBN, a multifaceted financial news, content creation and publishing company, is utilized by both public and private companies to optimize investor awareness a...
DENVER, May 25, 2023--SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) ("SSR Mining" or the "Company") announces that each of the nine nominees listed in the proxy statement for the 2023 Annual Meeting of Shareholders (the "Meeting") were elected as directors of SSR Mining on Thursday, May 25, 2023. Voting results for the election of directors are set out below:
Taseko Mines Limited (TSX: TKO) (NYSE MKT: TGB) (LSE: TKO) ("Taseko" or the "Company") today published its annual Environment, Social & Governance Report, titled 360o of Value.
DENVER, May 25, 2023--Royal Gold Announces Transition of Technical Leadership
Key Insights The projected fair value for Alamos Gold is CA$20.24 based on 2 Stage Free Cash Flow to Equity With...