Aggregated price index with volume information
Summary:
- Gun stocks up 0.4% on average while median return up 0.5% in a day
- Gun stocks up 1.1% on average while median return up 1.1% in a week
- Gun stocks down 1.7% 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.
- 1M winners are : Winners for past month are $VSTO 5.2%
- 1M losers are : Losers for past month are $RGR -5.4%
- 1W winners are : Winners for past week are $VSTO 1.4%
- 1W losers are : Losers for past week are
Correlation Analysis
Index correlation analysis
Correlation for the past month is 51.2%, for the past 3 months is 28.7%
In the past month for a 5 days rolling window, the highest corrrelation is 89.3%, the lowest correlation is -47.1%, the latest correlation is 77.1%
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 51.2% between RGR and VSTO
The lowest correlation is 51.2% between RGR and VSTO
Vista Outdoor (VSTO) delivered earnings and revenue surprises of 4.12% and 2.98%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
ANOKA, Minn. AP) — Vista Outdoor Inc. VSTO) on Monday reported profit of $57.1 million in its fiscal first quarter.
Sports and recreation company (NYSE:VSTO) will be announcing earnings results tomorrow afternoon. Here's what to expect.
Among the options Vista is reviewing before the next shareholder meeting is to re-engage in talks with MNC in hopes of landing a larger proposal from the venture capital group.
Yeti (YETI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sector Update: Consumer Stocks Retreat Late Afternoon
Vista expects investment firm MNC to raise its existing $3.2 billion buyout offer in "short order". The company had rejected that bid saying it undervalued its sporting gear unit, Revelyst. The company also said Czechoslovak Group (CSG) was considering acquiring Revelyst, in addition to its current $2.15 billion bid for Vista's ammunition business, Kinetic Group.
Shares of Vista Outdoor rose in premarket trading Tuesday after the company said it was conducting a "strategic review" of its options amid a monthslong bidding war for part or all of its business.
ANOKA, Minn., July 30, 2024--Vista Outdoor Inc. announced that its Board of Directors has commenced a review of strategic alternatives.
Vista Outdoor (VSTO) 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.