Aggregated price index
Aggregated price index with volume information
Summary:
- Health Insurers stocks down 1.1% on average while median return down 1.2% in a day
- Health Insurers stocks down 2.0% on average while median return down 1.2% in a week
- Health Insurers stocks down 6.3% on average while median return down 3.6% 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.
Related ETFs (click on ticker for stock detail page)
- 1M winners are : Winners for past month are $RXD 4.9%, $HQY 1.6%, $HUM 0.7%
- 1M losers are : Losers for past month are $HQH -7.1%, $CURE -9.2%, $UHS -9.9%, $CNC -13.3%, $EHTH -38.9%
- 1W winners are : Winners for past week are $RXD 1.7%, $MOH 0.3%
- 1W losers are : Losers for past week are $CVS -3.0%, $UHS -3.9%, $CURE -4.0%, $HQY -6.4%, $EHTH -17.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 47.2%, for the past 3 months is 42.1%
In the past month for a 5 days rolling window, the highest corrrelation is 60.8%, the lowest correlation is 18.2%, the latest correlation is 57.0%
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 99.6% between CURE and XLV
The lowest correlation is -99.6% between RXD and RXL
Stock news
Humana Inc. (NYSE:HUM), Louisville’s largest publicly traded company and one of the area’s largest employers, officially launched its senior primary care brand in its home city Thursday night. The health care company has been transitioning some of its senior care clinics to the CenterWell Senior Primary Care name for several years, and the brand continues to expand. At the beginning of this year, it announced it would expand into new markets — including Louisville — and open more than 100 new...
Kroger said it has made several attempts since February to negotiate with the pharmacy benefit manager for a "more equitable and fair contract that lowers cost, increases access, and delivers greater transparency, but there has been little to no progress to date". Kroger said more than 90% of Kroger Health's customers will not be affected by a termination of the deal, but if a new agreement is not reached by Dec. 31, most Express Scripts' commercial customers won't be able to fill prescriptions...
Grocery store chain Kroger Co. said Friday that it has sent insurer Cigna Corp. subsidiary Express Scripts Inc. a written notice of its plan to terminate their pharmacy provider agreement for commercial customers. "Express Scripts drug pricing model is unsustainable for Kroger and consumers; access to affordable prescriptions and wellness services remains company's top priority," Kroger said
UnitedHealth Group stock has been outperforming for months as it ignores the weakness in the broader market averages. Previous tests of the 200-day moving average line were buying opportunities in October and May and June. UNH is again testing the rising 200-day line but the result could be different -- the trading volume has increased in September as prices pulled back and this could be a sign that traders are voting with their feet.
BOSTON, September 30, 2022--On September 30, 2022, Tekla Healthcare Investors paid a distribution of $0.40 per share. It is currently estimated that this distribution is derived from net realized long-term capital gains. The composition of this and subsequent distributions may vary from quarter to quarter because it may be materially impacted by future realized gains and losses on securities. The aggregate of the net unrealized appreciation of portfolio securities and net realized gains on sale
BOSTON, September 30, 2022--On September 30, 2022, Tekla Healthcare Opportunities Fund paid a monthly distribution of $0.1125 per share. It is currently estimated that this distribution is derived from net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The composition of this and subsequent distributions may vary from month to month because it may be materially impacted by future realized gains and losses on securities. The
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