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Homebuilding Stocks$141.45
1.66%4:00PM 10/18/2021
The list of companies include BZH-Beazer Homes USA Inc., CCS-Century Communities Inc, CHCI-Comstock Holding Co. Inc, CVCO-Cavco Industries Inc, DHI-D.R. Horton Inc., DRTT-DIRTT Environmental Solutions Ltd, FTDR-Frontdoor Inc., GRBK-Green Brick Partners Inc, HGSH-China HGS Real Estate Inc, HOV-Hovnanian Enterprises, Inc., KBH-KB Home, LEGH-Legacy Housing Corp, LEN-Lennar Corp., LGIH-LGI Homes Inc, MDC-M.D.C. Holdings, Inc., MHO-MI Homes Inc., MTH-Meritage Homes Corp., NVR-NVR Inc., NWHM-New Home Company Inc (The), PATK-Patrick Industries, Inc., PHM-PulteGroup Inc, SKY-Skyline Champion Corp, SSD-Simpson Manufacturing Co., Inc., TMHC-Taylor Morrison Home Corp., TOL-Toll Brothers Inc., TPH-TRI Pointe Group Inc
Latest intraday update before market close @ 19:45:55 PM 10/18/2021
Summary :
Average return is up 1.8%
Median return is up 1.8%
21 out of 23 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Homebuilding stocks up 1.7% on average while median return up 1.9% in a day
  • Homebuilding stocks up 3.2% on average while median return up 3.4% in a week
  • Homebuilding stocks down 2.4% on average while median return down 2.3% 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 %)
HOV5.2%
10.8%
-9.9%
1.10.2311880%506M5%45%47\/\96-0.3%
BZH3.4%
7.8%
0.3%
5.691.660.980.29131%573.6M4%78%58\/\Above resistance96-0.3%
CCS3.1%
4.4%
-2.3%
0.651.540.59289%2.2B9%90%50\/\96-0.1%
LEN3.1%
7.1%
-1.1%
7.610.841.571.24151%30.3B4%96%58\/-960.0%
SKY2.6%
1.7%
-0.2%
30.941.685.092.04465%3.6B3%99%54\/1900.4%
MDC2.5%
2.7%
-4.5%
6.990.591.660.86201%3.5B4%76%53/-\83-0.1%
MTH2.4%
5.5%
-1.5%
7.120.621.450.7785%3.9B7%99%56\/\/1900.1%
TOL2.2%
6.5%
-4.8%
11.540.61.420.9169%7.3B7%91%55\/-96-0.0%
TPH2.2%
5.5%
5.4%
7.71-11.921.140.75122%2.7B6%103%67\/-960.0%
GRBK2.1%
0.5%
-5.7%
7.813.911.701.1363%1.1B6%87%49\/-At support96-0.0%
LEGH2.1%
1.3%
-1.4%
1.622.44416M3%20%44\/-96-0.0%
PHM2.0%
4.5%
1.5%
7.990.392.121.2349%12.8B4%90%55\/\96-0.1%
PATK1.9%
-3.9%
4.3%
10.651.272.860.62124%2B4%93%49\/-96-0.0%
MHO1.7%
4.2%
-3.7%
5.170.391.310.54167%1.8B4%95%51\/-96-0.0%
DHI1.6%
6.2%
-2.6%
8.870.532.501.3493%31.7B3%84%56\/\96-0.1%
LGIH1.5%
1.5%
-10.3%
8.010.753.131.46133%3.5B12%89%42\/-/\96-0.2%
CVCO1.4%
-0.6%
-8.7%
24.770.82.941.80110%2.1B3%94%40\/1900.1%
CHCI1.1%
-1.1%
-13.7%
10.451.6535.9M2%6%37/\94-0.2%
KBH1.1%
5.1%
-5.2%
7.710.471.420.9962%3.5B6%91%51\/\96-0.1%
TMHC1.0%
3.4%
1.5%
8.30.310.960.563.4B4%96%55\/-\96-0.1%

* 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.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are $SSD 8.2%, $TPH 5.4%, $PATK 4.3%, $HGSH 1.8%, $TMHC 1.5%
  • 1M losers are : Losers for past month are $DRTT -7.3%, $CVCO -8.7%, $HOV -9.9%, $LGIH -10.3%, $CHCI -13.7%
  • 1W winners are : Winners for past week are $HOV 10.8%, $BZH 7.8%, $LEN 7.1%, $TOL 6.5%, $DHI 6.2%
  • 1W losers are : Losers for past week are $CVCO -0.6%, $DRTT -1.0%, $CHCI -1.1%, $PATK -3.9%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 44.2%, for the past 3 months is 45.7%

In the past month for a 5 days rolling window, the highest corrrelation is 63.2%, the lowest correlation is 18.2%, the latest correlation is 43.4%

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 95.7% between DHI and NVR

The lowest correlation is -33.7% between GRBK and HOVNP

Stock news

    10/18/2021TOL
    Scott D. Stowell Named to Toll Brothers’ Board of Directors

    FORT WASHINGTON, Pa., Oct. 18, 2021 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (tollbrothers.com), the nation’s leading builder of luxury homes, today announced that Scott D. Stowell has been elected to its Board of Directors effective November 1, 2021. In addition, Richard J. Braemer, age 80, has informed the Company that he will not stand for re-election and will step down from the Board at its annual meeting of stockholders in March 2022. Mr. Stowell, age 63, is the president and chie

    10/18/2021GRBK
    Green Brick Partners, Inc. Announces Dates For 8-K Filing and Earnings Call

    PLANO, Texas, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (Nasdaq: GRBK) (the “Company” or “Green Brick”) announced that the Company will release its financial results for the third quarter ended September 30th, 2021, after the market closes on Tuesday, November 2nd, 2021. Jim Brickman, Green Brick’s CEO, will host an earnings conference call to discuss its results at 12:00 p.m. Eastern Time on Wednesday, November 3rd, 2021. The call will be webcast on the Company’s website at g

    10/18/2021PHM
    Here's Why I Think PulteGroup (NYSE:PHM) Is An Interesting Stock

    Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

    10/18/2021KBH
    Hedge Funds Are Buying KB Home (KBH)

    In this article you are going to find out whether hedge funds think KB Home (NYSE:KBH) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […]

    10/18/2021TOL
    Hedge Funds Are Betting On Toll Brothers Inc (TOL)

    In this article we will check out the progression of hedge fund sentiment towards Toll Brothers Inc (NYSE:TOL) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]

    10/18/2021LEN
    Part of Stadium Square sells to Miami-based Lennar for second apartment project

    Caves Valley Partners has sold a chunk of its $275 million Stadium Square development to the Lennar Corp. for a new apartment complex near M&T Bank Stadium. The deal was finalized this summer and will allow the national company to develop its first project in Baltimore. Miami-based Lennar (NYSE: LEN) is a homebuilder with projects in 21 states, including local townhouse complexes in Sykesville, Elkridge and Glen Burnie, and single-family homes in Aberdeen.

    10/18/2021FTDR
    Hedge Funds Are Selling frontdoor, inc. (FTDR)

    The financial regulations require hedge funds and wealthy investors that exceeded the $100 million holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F filings […]

    10/18/2021LEN
    Scottsdale developer selects more homebuilders for its 1,500-acre community in San Tan Valley

    More homebuilders have been selected for a 1,500-acre master-planned community in San Tan Valley. Here's an exclusive look at who those homebuilders are and what they plan.

    10/18/2021NVR
    Is NVR, Inc. (NVR) A Good Stock To Buy?

    Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks initially suffered […]

    10/18/2021DHI
    South Florida real estate projects in the pipeline for the week of Oct. 15

    Henry Pino, head of the Miami-based developer, said he has the 21,637-square-foot site at 9650 S. Dixie Highway and the 19,845-square-foot property at 9690 S. Dixie Highway under contract from RJS Wash LLC and CJS KFC Miami LLC, respectively. “What I like about this site is that you can’t build higher than three stories on the Pinecrest side across the street, so I will never have a building obstructing my views,” Pino said. “We are also 900 feet to the Dadeland North Metrorail Station, so I s...