Aggregated price index
Aggregated price index with volume information
Summary:
- Industrial Machinery stocks down 0.2% on average while median return down 0.4% in a day
- Industrial Machinery stocks down 1.3% on average while median return down 0.9% in a week
- Industrial Machinery stocks down 0.5% on average while median return down 1.2% 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.
Click on + to show price series and click on ticker for stock detail page
* 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.
- 1M winners are : Winners for past month are $CREG 68.6%, $PPIH 22.9%, $ACMR 21.1%, $OFLX 18.3%, $GHM 13.9%
- 1M losers are : Losers for past month are $GTLS -17.8%, $KRNT -20.0%, $FCEL -26.0%, $TOMZ -37.6%, $NISN -40.3%
- 1W winners are : Winners for past week are $SOTK 11.8%, $AMAT 10.7%, $ACMR 8.1%, $GHM 7.0%, $CREG 6.7%
- 1W losers are : Losers for past week are $EVI -13.8%, $KRNT -14.2%, $HIHO -14.4%, $TOMZ -16.3%, $NISN -22.6%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 22.8%, for the past 3 months is 17.6%
In the past month for a 5 days rolling window, the highest corrrelation is 51.0%, the lowest correlation is 2.7%, the latest correlation is 10.6%
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 82.4% between BWEN and FCEL
The lowest correlation is -48.0% between BHTG and DXPE
Stock news
Riverside, CT, based Investment company Baxter Bros Inc (Current Portfolio) buys Meta Platforms Inc, Activision Blizzard Inc, Chevron Corp, Constellation Brands Inc, Domino's Pizza Inc, sells Adobe Inc, , Philip Morris International Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Baxter Bros Inc.
Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended November 30, 2021. The operating results for the three and six months ended November 30, 2021 and 2020 include financial results from Schmitt's July 9, 2020 acquisition of Ample Hills Creamery ("Ample Hills").
Elmira, NY, based Investment company Chemung Canal Trust Co (Current Portfolio) buys Health Care Select Sector SPDR, Technology Select Sector SPDR ETF, Roche Holding AG, Ecolab Inc, Communication Services Select Sector SPDR Fund, sells Comcast Corp, Medtronic PLC, Merck Inc, DuPont de Nemours Inc, T.
Investment company Freedman Financial Associates, Inc. (Current Portfolio) buys Oracle Corp, Intel Corp, Mastercard Inc, Canadian Pacific Railway, Walker & Dunlop Inc, sells , , Invesco Preferred ETF, SPDR S&P 400 Mid Cap Growth ETF, Invesco S&P 500 Equal Weight ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Freedman Financial Associates, Inc..
Investment company O'Keefe Stevens Advisory, Inc. (Current Portfolio) buys Discovery Inc, Illinois Tool Works Inc, UnitedHealth Group Inc, sells Intel Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, O'Keefe Stevens Advisory, Inc..
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