MARKET COMPOSITE
Hospital/Nursing Management Stocks05-00-2023 21:00:00 PM
Price
$110.16
-1.72%
The list of companies include BKD-Brookdale Senior Living Inc, CYH-Community Health Systems, Inc., EHC-Encompass Health Corp, HCA-HCA Healthcare Inc, JYNT-Joint Corp, NHC-National Healthcare Corp., PINC-Premier Inc, SEM-Select Medical Holdings Corporation, SGRY-Surgery Partners Inc, SSY-Sunlink Health Systems Inc, TDOC-Teladoc Health Inc, THC-Tenet Healthcare Corp., UHS-Universal Health Services, Inc., VMD-Viemed Healthcare Inc, ALC-Alcon, Inc., CIVI-Civitas Resources Inc, GEN-Gen Digital Inc, AAC-Ares Acquisition Corporation, HLTH-Cue Health Inc
* Latest intraday update before market close @ 20:45:39 PM 12/05/2023
Summary
:
Average return is down -1.6%
Median return is down -2.0%
3 out of 16 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
CYH -5.1%SGRY -4.5%CIVI -3.1%THC -2.9%TDOC -2.8%

Aggregated price index with volume information

Summary:

  • Hospital/Nursing Management stocks down 1.7% on average while median return down 2.1% in a day
  • Hospital/Nursing Management stocks up 2.1% on average while median return up 1.5% in a week
  • Hospital/Nursing Management stocks up 12.5% on average while median return up 6.2% 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
Ticker
1d
7d
30d
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 %)
CCM4.8%
4.8%
-0.9%
0.7131M1%50\-/\49-0.4%
SSY2.6%
3.3%
52.5%
1.220.487.1M8%16%67/\Above resistance170-0.2%
VMD2.2%
-3.3%
6.3%
34.886.372.15-60%306.1M5%62%61/\Above resistance102-0.3%
NHC0.6%
14.2%
22.5%
29.751.311.111.3B1%47%86\/\/Above resistance2030.1%
BKD-1.5%
1.0%
27.3%
-9.37-0.372.230.55992M7%95%66\/\/2030.2%
ALC-1.6%
-2.0%
-3.0%
5.721.835.1236B60%45\/\/Below support2160.1%
HCA-1.8%
2.4%
9.4%
12.371.09272.111.26145%67.6B1%70%60/\/-1980.0%
PINC-1.9%
0.2%
4.8%
14.012.421.892.6427%2.5B2%70%54-/-\203-0.2%
EHC-2.0%
1.4%
2.2%
16.411.874.801.6923%6.6B4%95%54\/1230.0%
JYNT-2.1%
5.2%
14.8%
105.617.6945.9017.06184%133.2M17%86%56-/-203-0.2%
SEM-2.5%
1.7%
4.3%
13.460.774.800.97108%3B6%79%51\/\129-0.2%
UHS-2.6%
0.0%
6.1%
14.281.761.921.0647%9.9B3%97%57\/\/4040.0%
TDOC-2.7%
2.4%
6.5%
-0.7622.081.5217.673.1B12%80%57/\203-0.1%
THC-2.9%
5.6%
27.8%
15.955.5657.180.394%7.1B10%90%68/\/-149-0.0%
CIVI-3.4%
-1.2%
-13.1%
7.436.3B36/Below support2790.1%
SGRY-4.8%
5.6%
35.9%
-117.8-128.711.242.764.3B3%139%65/\-2030.0%
CYH-5.3%
-5.3%
-0.4%
1.392.480.17340.6M5%84%44/\-203-0.1%
* 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.
Detail Performance Summary
  • 1M winners are : Winners for past month are $SGRY 35.9%, $THC 27.8%, $BKD 27.3%, $NHC 22.5%, $JYNT 14.8%
  • 1M losers are : Losers for past month are $CYH -0.4%, $CCM -0.9%, $ALC -3.0%, $CIVI -13.1%
  • 1W winners are : Winners for past week are $NHC 14.2%, $SGRY 5.6%, $THC 5.6%, $JYNT 5.2%, $CCM 4.8%
  • 1W losers are : Losers for past week are $CIVI -1.2%, $ALC -2.0%, $VMD -3.3%, $CYH -5.3%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 31.3%, for the past 3 months is 28.8%

In the past month for a 5 days rolling window, the highest corrrelation is 51.0%, the lowest correlation is 10.1%, the latest correlation is 31.7%

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 81.0% between HCA and UHS

The lowest correlation is -26.3% between CCM and NHC

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