Aggregated price index with volume information
Summary:
- Home Improvement Chains stocks up 1.6% on average while median return up 1.7% in a day
- Home Improvement Chains stocks up 1.6% on average while median return up 0.4% in a week
- Home Improvement Chains stocks up 0.5% on average while median return up 2.6% 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.
- 1M winners are : Winners for past month are $LOW 9.2%, $HD 5.2%
- 1M losers are : Losers for past month are $DINO -5.2%, $FND -9.0%
- 1W winners are : Winners for past week are $DINO 4.6%, $FND 3.7%
- 1W losers are : Losers for past week are $HD -1.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 48.2%, for the past 3 months is 40.0%
In the past month for a 5 days rolling window, the highest corrrelation is 82.4%, the lowest correlation is 13.2%, the latest correlation is 64.2%
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 97.0% between HD and LOW
The lowest correlation is 11.8% between DINO and HD
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Lowe's (NYSE:LOW) and the best and worst performers in the home furnishing and improvement retail industry.
In the closing of the recent trading day, Home Depot (HD) stood at $353.29, denoting a +0.85% change from the preceding trading day.
In the latest trading session, Lowe's (LOW) closed at $234.77, marking a +1.34% move from the previous day.
Floor & Dcor (FND) 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.
HF Sinclair (DINO) 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.
These stocks provide good yields and they don't come with much risk.
These elite dividend payers are poised to reward shareholders for years.
Beloved brands, simple business models, and decades of proven success make these three stocks easy buy-and-hold choices.
HGTV Home® by Sherwin-Williams introduces Cabinet & Furniture paint, a new acrylic urethane enamel that provides a factory-like finish on cabinets and furniture, can be tinted to any color, and is offered in satin and semi-gloss sheens. Sold exclusively in store and online at Lowe's, this new product innovation contributes to the HGTV Home by Sherwin-Williams solid foundation of legendary quality paints and exceptional customer satisfaction.
Lowe's is partnering with Charlotte-based star Anna Cockrell as she becomes the newest member of Lowe's Home Team. Cockrell is the first female athlete to join the lineup of world-class athletes, including Dallas Cowboys Quarterback Dak Prescott, Pro Bowl Tight End Travis Kelce, Pro Bowl Running Back Christian McCaffrey and recently drafted New England Patriots Quarterback Drake Maye. On the heels of a successful partnership with Lionel Messi, Lowe's continues to drive engagement among sports fa