Aggregated price index
Aggregated price index with volume information
Summary:
- Gold Ore Mining stocks down 1.6% on average while median return down 1.4% in a day
- Gold Ore Mining stocks up 2.6% on average while median return up 2.0% in a week
- Gold Ore Mining stocks up 14.7% on average while median return up 13.2% 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 $PLL 51.3%, $MUX 20.8%, $CDE 20.1%, $IAG 17.5%, $GFI 17.1%
- 1M losers are : Losers for past month are
- 1W winners are : Winners for past week are $PLL 15.2%, $IAG 9.1%, $NGD 8.2%, $EGO 7.5%, $GORO 6.7%
- 1W losers are : Losers for past week are $HMY -0.8%, $NG -1.4%, $EMX -1.4%, $AU -2.0%, $WRN -3.5%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 62.2%, for the past 3 months is 67.0%
In the past month for a 5 days rolling window, the highest corrrelation is 78.4%, the lowest correlation is 33.6%, the latest correlation is 52.9%
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 94.4% between AEM and AUY
The lowest correlation is -5.2% between EMX and PLL
Stock news
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CHICAGO, January 12, 2023--Coeur Mining, Inc. ("Coeur" or the "Company") (NYSE: CDE) today announced that it will report its fourth quarter and full-year 2022 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, February 22, 2023. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, February 23, 2023.
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I believe the gold's technical setup is very attractive, and here's how I've chosen to play it.
ST HELIER, Jersey, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that, following the satisfaction of conditions precedent, it has today completed the acquisition of Bilboes Gold Limited, the parent company which owns, through its Zimbabwe subsidiary, Bilboes Holdings (Private) Limited (“Bilboes Holdings”), the Bilboes gold project in Zimbabwe (“Bilboes” or the “Project”). Pleas
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A Denver gold company is spending $204.1 million to add to the royalties it owns in North America’s largest gold mining complex. Royal Gold Inc. is paying cash to Idaho Mining Corp. to acquire royalties associated with 630 square miles of the Cortez gold mining area in Nevada. Royal Gold will tap an existing line of credit to fund the purchase.
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