Aggregated price index
Aggregated price index with volume information
Summary:
- Malls Operators stocks up 0.5% on average while median return up 0.6% in a day
- Malls Operators stocks up 2.6% on average while median return up 3.1% in a week
- Malls Operators stocks up 8.3% on average while median return up 7.7% 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 $MAC 27.6%, $DRN 21.7%, $KRG 18.8%, $FRT 15.2%, $REG 15.0%
- 1M losers are : Losers for past month are $SRS -14.8%, $DRV -23.8%
- 1W winners are : Winners for past week are $DRN 9.8%, $RNP 8.3%, $URE 6.1%, $JRS 4.6%, $SPG 4.2%
- 1W losers are : Losers for past week are $MAC -0.2%, $ROIC -0.5%, $SRS -5.7%, $DRV -8.8%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 60.6%, for the past 3 months is 62.1%
In the past month for a 5 days rolling window, the highest corrrelation is 71.3%, the lowest correlation is 30.6%, the latest correlation is 30.6%
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 100.0% between FREL and VNQ
The lowest correlation is -99.9% between DRV and XLRE
Stock news
Robust leasing activity amid growing customers' preference for in-person shopping experience and development activities drive Macerich's (MAC) 65.8% quarter-to-date rise.
An updated submission brings next phase of 6-million-square-foot project one step closer to approval, perhaps by summer.
The traditional retirement planning approaches no longer cover all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.
Dividend checks that keep on coming in good markets and bad are exactly what you'll want if the economy takes a tumble.
Federal Realty's (FRT) focus on mixed-use assets, expansion efforts and solid balance-sheet strength position it well for growth. Higher e-commerce adoption and rising interest rates are concerning.
High-yielding dividend stocks have been some of the safest investments of 2022. In fact, “The recent outperformance of dividend stocks is contrary to the traditional wisdom that they tend to lag the overall market in a rising-rate environment. This theory’s adherents think rate hikes make newly issued fixed-income products more attractive and reduce the appeal of stable income from equities. Some investors also argue that higher rates make it harder for companies to pay back debt, let alone sust
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale, open-air outlet centers, today announced leasing momentum for the portfolio with the addition of nearly thirty new stores to its retail lineup during the fourth quarter of 2022, including popular footwear and apparel retailer Allbirds.
With interest rates easing off of their recent highs, including the 10-year U.S. Treasury Note yield (now back under 4%) and the 30-year fixed-rate national average mortgage rate (now back below 7%), real estate investment trusts (REITs) may be perking up. Is a bottom finally in store or is it just one more relief rally? One quick way to measure strength or weakness in the entire REIT group is to take a look at the Real Estate Select Sector SPDR Fund (NYSE: XLRE). This exchange-traded fund (ETF)
Although there’s been more positive inflation news lately, fears of a subsequent recession continue. Tech companies such as Meta Platforms Inc., Twitter Inc., Tesla Inc., Oracle Corp. and Microsoft Corp. have been laying off thousands of workers. The Federal Reserve just released a report showing a sharp rise in American household debt. The new and pre-existing housing markets are at a standstill, with mortgage rates around 6.5%. Recessions, like inflation, can do real damage to real estate inve
After several months of deep price declines and an avalanche of analyst downgrades, real estate investment trust (REIT) stocks bottomed in mid-October and have been moving higher ever since. Even with REITs bouncing back for the past month, many analysts have been reluctant to upgrade them until recently. But with the slightly better consumer price index (CPI) and producer price index (PPI) numbers out in the past two weeks, analysts are beginning to warm up to the REIT sector. Here are three RE