Aggregated price index with volume information
Summary:
- Internet Retail stocks up 7.1% on average while median return up 0.9% in a day
- Internet Retail stocks up 7.2% on average while median return up 2.4% in a week
- Internet Retail stocks down 6.2% on average while median return down 9.4% 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 $APRN 52.5%, $QRTEB 31.4%, $LIVE 2.7%, $VIPS 0.9%, $FLWS 0.3%
- 1M losers are : Losers for past month are $DLTH -18.2%, $BZUN -22.3%, $LE -27.2%, $CHWY -33.2%, $OSTK -39.6%
- 1W winners are : Winners for past week are $APRN 109.7%, $RVLV 8.7%, $VIPS 8.0%, $QRTEB 6.9%, $DLTH 6.4%
- 1W losers are : Losers for past week are $AMZN -1.5%, $BABA -1.8%, $JD -4.2%, $BZUN -5.2%, $OSTK -8.7%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 14.7%, for the past 3 months is 18.3%
In the past month for a 5 days rolling window, the highest corrrelation is 37.3%, the lowest correlation is -3.1%, the latest correlation is 37.3%
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 85.9% between DLTH and LE
The lowest correlation is -64.4% between LE and SHOP
Shares of The RealReal (NASDAQ: REAL), the online luxury goods resale platform, were pulling back today after CFO Robert Julian said he was stepping down from the company. In a press release this morning, The RealReal said that Julian would step down from his role as CFO by Jan. 31, 2024, or if the company finds a new CFO before then. Julian has also agreed to provide limited consulting services from Feb. 1, 2024, to June 30, 2024, and the board of directors is working with an executive search...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
SAN FRANCISCO,, Sept. 29, 2023 (GLOBE NEWSWIRE) -- The RealReal (the “Company” or “The RealReal”) (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today announced that Robert Julian will step down from his role as Chief Financial Officer (“CFO”) of the Company effective on the earlier of January 31, 2024 or the date a new CFO assumes the position. If a new CFO assumes the position prior to January 31, 2024, Mr. Julian will continue as an employee and s
Central Garden & Pet, Alto Ingredients, The RealReal and Lifetime Brands are part of the Zacks Industry Outlook article.
In this article, we will be taking a look at the 40 best selling items on Amazon right now. If you want to skip our detailed analysis of the e-commerce market, you can go directly to read the 10 Best Selling Items on Amazon Right Now. Are Social Commerce Platforms the Next Big Thing? E-commerce […]
Central Garden & Pet Company (CENT), Alto Ingredients (ALTO), The RealReal (REAL) and Lifetime Brands (LCUT) focus on a superior product strategy and prudent capital investments.
Block (SQ) launches Tap to Pay on Android for sellers in Canada, which is likely to boost its presence in the contactless payment space.
If e-commerce stocks are making a comeback this year, somebody forgot to tell Etsy (NASDAQ: ETSY). While peers like Amazon, Wayfair, and Shopify have seen their stock prices bounce back this year in response to signs that the online retail market is strengthening, Etsy has missed out on the rally. Shares of the online marketplace for crafts and vintage items are down 47% year-to-date, missing out on the broader rally that's sent the Nasdaq Composite up 27%.
Shopify (SHOP) closed at $53.58 in the latest trading session, marking a +0.94% move from the prior day.
In this article, we will look at the 25 most important inventions of the 21st century. If you want to skip our detailed analysis of innovation in the 21st century, head straight to the 10 Most Important Inventions of the 21st Century. The 21st century ushered in an era of rapid change and unprecedented connectivity. […]