Aggregated price index with volume information
- Hotels/Resorts/Cruiselines stocks down 1.8% on average while median return down 2.1% in a day
- Hotels/Resorts/Cruiselines stocks up 1.2% on average while median return up -0.9% in a week
- Hotels/Resorts/Cruiselines stocks up 8.8% on average while median return up 3.6% 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 $CCL 31.5%, $CUK 30.7%, $NCLH 27.4%, $RCL 23.7%, $MSC 14.9%
- 1M losers are : Losers for past month are $CHH -4.1%, $MTN -4.4%, $HTHT -4.9%, $GHG -18.0%, $TH -20.2%
- 1W winners are : Winners for past week are $NCLH 21.5%, $CUK 13.4%, $CCL 12.8%, $RCL 8.1%, $IHG 3.2%
- 1W losers are : Losers for past week are $MSC -3.6%, $PLYA -4.0%, $CZR -4.0%, $HTHT -4.8%, $GHG -8.6%
Index correlation analysis
Correlation for the past month is 41.7%, for the past 3 months is 33.8%
In the past month for a 5 days rolling window, the highest corrrelation is 56.4%, the lowest correlation is 5.9%, the latest correlation is 56.4%
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 99.5% between CCL and CUK
The lowest correlation is -25.7% between HLT and TH
In this article, we will take a look at the 16 most undervalued small-cap stocks to buy according to hedge funds. To see more such companies, go directly to 5 Most Undervalued Small-Cap Stocks To Buy According To Hedge Funds. Despite strong signs that the central bank would be ready to hit brakes on its […]
(Bloomberg) -- A lender run by the billionaire Reuben Brothers has filed to seize the Chatwal, a luxury hotel in Midtown Manhattan, after the debt went into default.Most Read from BloombergTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Banking Escapees Make Billions From Private Credit BoomIsrael Says Hamas Violated Terms of Cease-Fire as Truce LapsesPutin Seizes Rights to St. Petersburg Airport From Foreign InvestorsBonds Up as Powell Pushback Lasts ‘A Few Seconds’: Marke
The top stocks have the performance of well-run companies, a steady performance, and the potential for future growth. In addition, top stocks turn over more shares and thus have plenty of liquidity to reduce your transaction costs. Investors often compare top stocks against the Russell 3000 Index, a broad measure of the U.S. stock market comprising 3,000 large publicly traded companies or 96% of the investable U.S. equity market.
IHG Hotels & Resorts announced today a first-of-its-kind seasonal and experiential campaign at its Luxury & Lifestyle hotels in the Americas from December 1, 2023 through February 29, 2024. Across the region, InterContinental Hotels & Resorts, Kimpton Hotels & Restaurants, Vignette Collection and Hotel Indigo properties will transport guests to a timeless winter wonderland through the theme of Winter Chalet featuring larger-than-life lobby installations, created in partnership with renowned cele
CHICAGO, November 30, 2023--Starting January 1, 2024, World of Hyatt will unlock reimagined program benefits, offering even more flexibility and choices for members. Grounded in listening, World of Hyatt continues to invest in offerings that members find relevant and meaningful, encouraging them to embrace the transformative powers of travel. The newly expanded World of Hyatt Milestone Rewards are designed to offer more awards and more choice at more milestones, allowing members to choose earnin
Sharing is caring. But it can also drive viral marketing for a hotel loyalty program.
Hyatt (H) announces a franchise agreement with 3H Group for the development of its first Hyatt Studios property in Mobile, AL. The company expects to open the property in early 2025.
CHICAGO, November 29, 2023--Hyatt Hotels Corporation (NYSE: H) marks Hyatt’s entry into upper-midscale lodging in the Americas with the groundbreaking of the first Hyatt Studios property, set to open in Mobile, Ala. in early 2025. Hyatt has entered into a franchise agreement with 3H Group Inc. for Hyatt Studios Mobile/Tillman’s Corner. The Hyatt Studios brand is expected to be a key accelerator for Hyatt, building on Hyatt’s six years of industry leading net rooms growth.
American Outdoor's (AOUT) fiscal second-quarter performance is likely to have benefited from solid demand in the outdoor lifestyle category, new product introductions and strong e-commerce sales.
Academy Sports and Outdoors (ASO) third-quarter 2023 results are likely to reflect dismal comparable sales and challenging macro environment.