Aggregated price index with volume information
Summary:
- Industrial Robotics and Automation stocks up 0.5% on average while median return up 0.3% in a day
- Industrial Robotics and Automation stocks up 4.6% on average while median return up 4.9% in a week
- Industrial Robotics and Automation stocks down 10.6% on average while median return down 11.0% 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 $ZBRA 6.4%
- 1M losers are : Losers for past month are $HLX -14.7%, $AMBA -17.3%, $CGNX -21.6%
- 1W winners are : Winners for past week are $AMBA 9.5%, $TER 9.4%, $ZBRA 7.6%
- 1W losers are : Losers for past week are
Correlation Analysis
Index correlation analysis
Correlation for the past month is 31.6%, for the past 3 months is 24.4%
In the past month for a 5 days rolling window, the highest corrrelation is 56.5%, the lowest correlation is -1.7%, the latest correlation is 53.0%
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 79.6% between AMBA and TER
The lowest correlation is -30.5% between ABB and LECO
Following this sale, the insider now owns 10,694 shares of Zebra Technologies Corp. Zebra Technologies Corp specializes in the production of marking, tracking, and computer printing technologies. Over the past year, Jeffrey Schmitz has sold a total of 2,000 shares of Zebra Technologies Corp and has not made any purchases of the stock.
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