Aggregated price index
Aggregated price index with volume information
Summary:
- Law Enforcement Suppliers stocks up 1.5% on average while median return up -0.1% in a day
- Law Enforcement Suppliers stocks up 3.7% on average while median return up 6.0% in a week
- Law Enforcement Suppliers stocks up 18.5% on average while median return up 17.1% 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 is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes
- 1M winners are : Winners for past month are $CETX 31.4%, $AAXN 22.1%
- 1M losers are : Losers for past month are
- 1W winners are : Winners for past week are $CETX 22.1%, $AMBA 9.3%
- 1W losers are : Losers for past week are $WRTC -6.5%, $DGLY -10.6%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 6.5%, for the past 3 months is 6.8%
In the past month for a 5 days rolling window, the highest corrrelation is 28.6%, the lowest correlation is -16.7%, the latest correlation is -4.5%
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 50.5% between CETX and DGLY
The lowest correlation is -36.0% between AMBA and DGLY
Stock news
Company Launches New WRAP.com Website URL Photo 1 WRAP Armor. All links active.TEMPE, Ariz., Nov. 23, 2020 (GLOBE NEWSWIRE) -- WRAP Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRTC), an innovator of modern policing solutions, announced the expansion of its WRAP Armor™ ballistic shield product line to include the Level IIIA Patrol Shield and the Molle Shield Cover in addition to the Level III Tactical Shield. WRAP Armor™ products are now available to view via the Company’s newly launche...
The clear upward trend in the stock markets has investors in a buying mood. The reasons are varied, and sometimes hard to pin down; while we’re still stuck in the coronavirus inspired economic doldrum, at the state and local levels economies are starting to reopen. The civil unrest of the past week is worrisome, and the destruction in urban centers is serious, but the economic blow was softened by the shutdowns. The riots would have stopped ‘normal’ activity – but that was already slowed or halt...
TEMPE, AZ / ACCESSWIRE / June 4, 2020 / Wrap Technologies, Inc. (the "Company" or "Wrap") (WRTC), an innovator of modern policing solutions, announced a new partnership with PoliceGrantsHelp.com to offer free grant funding assistance to law enforcement agencies looking to purchase BolaWrap products and accessories. "Grant funding plays an integral role in equipping law enforcement agencies and their first responders," said Tom Smith, President at Wrap Technologies. "The difficult environments ...
The stock of Wrap Technologies (NASDAQ: WRTC) is on a tear. In a time of nationwide demonstrations, and sporadic riots growing out of them, resulting in mass police response, this isn't surprising since Wrap has developed a restraint system for law enforcement. In the six trading days from the release of the video of George Floyd being killed while in police custody, to the close of trading on Tuesday, Wrap Technologies stock has doubled.
Shares of Axon Enterprise (NASDAQ: AAXN) were soaring Monday as investors reacted to ongoing protests and riots in the country following the death of George Floyd while in police custody last week. Since Axon is a maker of body and dashboard cameras, non-lethal weapons like TASERs, and other law enforcement tools, investors seem to believe that the company and its products could play a role in helping to solve this complex problem. Axon shares hit an all-time high this morning and the stock wa...