Aggregated price index with volume information
Summary:
- Industrial Specialties stocks up 1.0% on average while median return up 1.6% in a day
- Industrial Specialties stocks up 2.0% on average while median return up 3.2% in a week
- Industrial Specialties stocks up 5.9% on average while median return up 5.3% 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.
- 1M winners are : Winners for past month are $LWLG 22.1%, $WDFC 21.8%, $EML 19.2%, $SHW 17.6%, $DQ 15.0%
- 1M losers are : Losers for past month are $MTX -2.5%, $OLN -7.3%, $NTIC -11.4%, $ASPN -14.5%, $CLMT -17.9%
- 1W winners are : Winners for past week are $DQ 9.5%, $SHW 8.5%, $TSE 8.0%, $EML 8.0%, $LWLG 6.5%
- 1W losers are : Losers for past week are $MTX -5.5%, $CLMT -5.9%, $GSM -6.1%, $OLN -7.3%, $ASPN -10.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 25.4%, for the past 3 months is 18.4%
In the past month for a 5 days rolling window, the highest corrrelation is 42.7%, the lowest correlation is 11.8%, the latest correlation is 32.8%
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 90.1% between AXTA and PPG
The lowest correlation is -55.6% between AXTA and CCF
MINNEAPOLIS, July 26, 2024--Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 27.0 cents per share. The dividend is payable August 28, 2024, to shareholders of record on August 13, 2024. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2023 marked the 28th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 68 years.
Match Group's (MTCH) second-quarter results will likely reflect strength in Tinder, Hinge and Azar. However, weakening demand in the United States might have been a concern.
Groupon's (GRPN) second-quarter 2024 performance is likely to have reflected strength across the North American region in a weakening international market.
RPM International's (RPM) fourth-quarter fiscal 2024 results reflect MAP 2025 initiatives amid challenges.
Electronic Arts' (EA) first-quarter fiscal 2025 results are anticipated to be subdued, primarily due to the absence of major game launches during the period.
Linde (LIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LyondellBasell (LYB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The top line of Olin (OLN) in Q2 is hurt by lower pricing in its chemical businesses.
Q4 2024 RPM International Inc Earnings Call
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