Aggregated price index
Aggregated price index with volume information
Summary:
- The momentum of the sector is very strong.
- Home Furnishings stocks up 0.8% on average while median return up 0.4% in a day
- Home Furnishings stocks up 5.4% on average while median return up 3.4% in a week
- Home Furnishings stocks up 17.2% on average while median return up 8.8% 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 is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes
Related Stocks (click on ticker for detail)
- 1M winners are : Winners for past month are $DXYN 141.9%, $MHK 34.0%, $CRWS 29.3%, $NTZ 25.6%, $TPX 17.7%
- 1M losers are : Losers for past month are $AZEK -2.4%, $CSPR -12.1%
- 1W winners are : Winners for past week are $NTZ 31.6%, $DXYN 25.0%, $FLXS 5.4%, $LEG 5.4%, $CRWS 5.0%
- 1W losers are : Losers for past week are $AZEK -0.2%, $LZB -2.0%, $SNBR -4.4%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 22.0%, for the past 3 months is 21.9%
In the past month for a 5 days rolling window, the highest corrrelation is 53.6%, the lowest correlation is 9.9%, the latest correlation is 33.7%
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 80.5% between SNBR and TPX
The lowest correlation is -60.5% between AZEK and KBAL
Stock news
The Zacks Analyst Blog Highlights: Beazer Homes USA, International Paper, Portland General Electric, Lifetime Brands and Otter Tail Corp
3 Textile-Home Furnishing Stocks to Escape Industry Challenges
Reinstates Full Dividend on Solid Results and Strong Outlook for Second Half of FY 21MONROE, Mich., Nov. 17, 2020 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported strong operating results for the fiscal 2021 second quarter ended October 24, 2020. Fiscal 2021 second quarter versus Fiscal 2020 second quarter: * Consolidated sales increased 2.7% to $459.1 million * Written same-store sales for the entire La-Z-Boy Furniture Galleries®...
MARTINSVILLE, Va., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (Nasdaq-GS:HOFT) will present its fiscal 2021 third quarter financial results via teleconference and live internet web cast on Thursday morning, December 10, 2020 at 9:00 AM Eastern Time. The dial-in number for domestic callers is 877.665.2466 and the number for international callers is 678.894.3031. The conference ID number is 9423979. Hooker's fiscal 2021 third quarter began on August 3, 2020 and ended on Novemb...
(Bloomberg Opinion) -- The U.S. economy is badly wounded, and shoppers’ behavior remains cautious and unpredictable. The turbulent times, though, have created breakout moments for some stars of the consumer startup universe. Food-delivery heavyweight DoorDash Inc. filed for an initial public offering on Friday, signaling a new chapter in its corporate life not long after raising $400 million in a private fundraising round. Instacart, a grocery-delivery app, is reportedly preparing an IPO at an e...
GARDEN CITY, N.Y., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will present at the Sidoti Virtual Microcap Conference on Thursday, November 19, 2020. Lifetime Brands Chief Executive Officer Robert Kay and Chief Financial Officer Laurence Winoker will present at 1:00 PM ET. The Company’s presentation and a recording of the event can be accessed by clicki...
DANBURY, CT, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or “the Company”) (NYSE:ETH) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per share, payable on January 21, 2021 to shareholders of record at the close of business on January 7, 2021. Farooq Kathwari, Chairman and CEO commented, “We are pleased that our Board made the decision to increase our regular quarterly dividend to $0.25, a 19% increase. These ar...
MONROE, Mich., Nov. 05, 2020 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2021 second-quarter results after the close of trading on the New York Stock Exchange on Tuesday, November 17, 2020, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, November 18, 2020. The dial-in phone number for the live conference call will be (844) 602-0380 for persons calling from within the U.S. or Canada, and the number for ...
Declares Regular Quarterly DividendGARDEN CITY, N.Y., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today reported its financial results for the quarter ended September 30, 2020. Robert Kay, Lifetime’s Chief Executive Officer, commented, “We are pleased with our strong performance in the third quarter, which marks another quarter of sales and earnings gro...