Market Composite

Home Furnishings Stocks$196.10

1.51%4:00PM 09/27/2021

The list of companies include AZEK-AZEK Company Inc, BSET-Bassett Furniture Industries Inc., CRWS-Crown Crafts, Inc., CSPR-Casper Sleep Inc, DXYN-Dixie Group Inc., ETH-Ethan Allen Interiors, Inc., FLXS-Flexsteel Industries, Inc., HOFT-Hooker Furniture Corp, KBAL-Kimball International, Inc., LCUT-Lifetime Brands, Inc., LEG-Leggett & Platt, Inc., LZB-La-Z-Boy Inc., MHK-Mohawk Industries, Inc., NVFY-Nova Lifestyle Inc, OC-Owens Corning, SNBR-Sleep Number Corp, TPX-Tempur Sealy International Inc

Latest intraday update before market close @ 19:45:52 PM 09/27/2021

Summary :

Average return is up 2.0%

Median return is up 2.7%

14 out of 16 stocks are up (limited to those with intraday pricing feeds).

Top Movers : HOFT 3.5%, SNBR 4.4%, LZB 5.3%, NVFY 7.7%, BSET 8.0%,

Aggregated price index

Aggregated price index with volume information

Summary:

Home Furnishings stocks up 1.5% on average while median return up 2.3% in a day
Home Furnishings stocks up 3.8% on average while median return up 2.9% in a week
Home Furnishings stocks up 0.2% on average while median return up -2.7% 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.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker	1 Day Return	1 Week Return	1 Month Return	PE Ratio	PE/G	P/B (mrq)	P/S (ttm)	Earning Growth	MarketCap	Short %	Held By Institutions %	RSI	Price Pattern	Resist Support	Days Since Channel Change	Channel Slope (daily rate %)

NVFY	9.5%	12.0%	13.1%			0.42	1.33		15.9M	0%	5%	57	/-\		70	-0.4%
BSET	7.9%	10.3%	-8.6%	10.66	1.05	1.66	0.67	232%	196.5M	3%	57%	50	\/\	At resistance	93	-0.4%
LZB	4.8%	5.8%	0.1%	12.85	1.93	2.16	0.96	1534%	1.6B	6%	100%	58	\/-\	Above resistance	93	-0.3%
SNBR	4.5%	11.0%	9.7%	14.08	0.84		1.27	70%	2.5B	23%	97%	64	\/\	Above resistance	93	-0.3%
OC	3.3%	1.8%	-5.5%	10.32	1.42	2.51	1.34		9.4B	2%	98%	46	\/\		93	-0.1%
FLXS	2.8%	-1.9%	-6.9%	10.76		1.84	0.74		226.9M	2%	54%	44	\/\		93	-0.3%
CSPR	2.5%	2.9%	-2.7%	-2.36	-0.41		0.72		206.8M	10%	60%	42	/\		84	-0.4%
HOFT	2.5%	5.5%	-15.2%	9.34	0.64	1.61	0.72		332M	3%	88%	41	\/\	At support	93	-0.3%
LCUT	2.3%	9.5%	7.7%	10.59	1.2	1.46	0.42		414.9M	1%	47%	68	/-/	At resistance	73	0.2%
MHK	1.5%	2.7%	-7.0%	12.88	3.79	1.48	1.27	114%	12.9B	3%	78%	46	\-/\		93	-0.1%
LEG	0.9%	3.0%	-3.2%	15.73	3.45	4.48	1.49	98%	6.3B	5%	76%	49	\/\		93	-0.1%
KBAL	0.6%	0.9%	-7.6%	58.01	2.8	2.00	0.81		421.9M	2%	66%	38	\-/\		93	-0.2%
AZEK	0.1%	-3.1%	-10.0%		1.97		6.93	454%	5.9B	3%	91%	39	/\		131	-0.1%
TPX	0.1%	3.8%	10.8%	19.31	0.51	23.23	1.88	119%	9.7B	4%	95%	75	\-		184	-0.0%
CRWS	-1.4%	0.8%	-0.8%		1.98	1.85	0.98	-85%	73.5M	0%	42%	48
DXYN	-2.7%	-4.4%	34.2%	40.96		0.62	0.12		72.9M	1%	44%	59	/-	At resistance	61	0.3%
NTZ	-13.6%	2.3%	17.1%			2.63	0.62		199.1M		13%	57	/-	At resistance	79	-0.1%

* 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 $DXYN 34.2%, $NTZ 17.1%, $NVFY 13.1%, $TPX 10.8%, $SNBR 9.7%
1M losers are : Losers for past month are $MHK -7.0%, $KBAL -7.6%, $BSET -8.6%, $AZEK -10.0%, $HOFT -15.2%
1W winners are : Winners for past week are $NVFY 12.0%, $SNBR 11.0%, $BSET 10.3%, $LCUT 9.5%, $LZB 5.8%
1W losers are : Losers for past week are $FLXS -1.9%, $AZEK -3.1%, $DXYN -4.4%

Pick two stocks to compare:

LEG

MHK

Correlation Analysis

Index correlation analysis

Correlation for the past month is 17.4%, for the past 3 months is 22.1%

In the past month for a 5 days rolling window, the highest corrrelation is 52.3%, the lowest correlation is -0.2%, the latest correlation is 14.0%

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 90.8% between LEG and MHK

The lowest correlation is -44.5% between NTZ and OC