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Marine Shipping Stocks$180.90
-3.06%4:00PM 05/12/2021
The list of companies include ASC-Ardmore Shipping Corp, ATCO-Atlas Corp., CMRE-Costamare Inc, DAC-Danaos Corporation, DHT-DHT Holdings Inc, DSSI-Diamond S Shipping Inc, DSX-Diana Shipping Inc, EDRY-EuroDry Ltd, EGLE-Eagle Bulk Shipping Inc, ESEA-Euroseas Ltd, FRO-Frontline Ltd, GASS-StealthGas Inc, GLBS-Globus Maritime Ltd, GLNG-Golar Lng, GLOG-GasLog Ltd, GNK-Genco Shipping & Trading Limited, GOGL-Golden Ocean Group Limited, GRIN-Grindrod Shipping Holdings Ltd, INSW-International Seaways Inc, KEX-Kirby Corp., LPG-Dorian LPG Ltd, NAT-Nordic American Tankers Ltd, NM-Navios Maritime Holdings, Inc., NNA-Navios Maritime Acquisition Corp, NVGS-Navigator Holdings Ltd, OSG-Overseas Shipholding Group, Inc., PSHG-Performance Shipping Inc, PXS-Pyxis Tankers Inc, SB-Safe Bulkers, Inc, SBLK-Star Bulk Carriers Corp
Latest intraday update before market close @ 17:51:24 PM 05/13/2021
Summary :
Average return is down -1.2%
Median return is down -0.9%
13 out of 43 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Marine Shipping stocks down 3.1% on average while median return down 1.8% in a day
  • Marine Shipping stocks down 3.2% on average while median return down 2.4% in a week
  • Marine Shipping stocks up 8.7% on average while median return up 9.5% 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.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Days Since Channel Change
Channel Slope (daily rate %)
Half Channel Bandwidth
Distance to Channel MidPoint %
PXS3.1%
-4.1%
-2.0%
0.601.3918.3M2%16%43\/\51-0.9%26.5%5.6%
NNA2.5%
6.4%
1.8%
1.93-21.630.160.1454.3M1%4%49\-\219-0.1%24.5%-2.0%
SFL2.5%
3.2%
10.4%
-3.97-1.751.182.231B2%30%56\/740.3%11.4%-1.4%
NVGS2.3%
-1.6%
16.4%
-97.21.050.701.97641.2M0%29%62\/2190.2%14.5%6.8%
TK1.6%
1.3%
15.1%
-4.290.750.20355.9M4%27%57\/1460.4%13.0%0.4%
LPG1.0%
2.8%
11.2%
0.440.681.871%582M7%68%58\/740.1%8.4%1.5%
EURN-0.1%
4.5%
11.4%
1.290.811.532B1%37%57/\/870.1%10.5%1.6%
HMLP-0.1%
-3.9%
7.0%
0.841.683.83-1%531.8M1%22%48\/740.2%9.8%-4.1%
SBBA-0.1%
-0.1%
0.4%
1.1B48\-/-460.0%1.9%-0.2%
GLNG-0.2%
-5.1%
13.0%
-3.890.130.972.87-67%1.2B6%78%47\/2190.2%15.5%-6.3%
GMLPP-0.2%
-4.6%
-10.9%
127.3M31-/\54-0.0%3.8%-6.9%
NAT-0.2%
-1.6%
6.3%
9.79-1.940.861.49496.7M5%30%50/\-740.0%23.8%3.3%
DSSI-0.3%
-1.0%
3.6%
0.360.73410.4M3%77%49\/740.6%12.6%-5.7%
GLOG-0.3%
0.3%
0.0%
0.20.860.82557.8M9%16%56\/1461.0%10.3%-9.0%
GLOP-0.3%
-5.2%
8.6%
-0.120.260.47139.7M4%26%51\/\219-0.1%57.2%7.5%
KEX-0.6%
-0.8%
10.6%
55.4214.861.312.004B4%96%57\/1460.5%10.1%-4.3%
FRO-0.8%
0.1%
17.9%
3.760.540.981.291.6B6%24%57\/740.2%14.8%3.0%
INSW-0.8%
4.9%
13.9%
-99.540.591.36544.9M6%98%54\/1460.2%13.1%-1.6%
ASC-1.1%
5.5%
22.0%
-0.20.460.67152.7M3%78%59\/1460.3%16.6%4.2%
TNK-1.1%
-1.3%
15.2%
5.33-2.330.450.55399.1M6%29%50\/1460.1%19.8%0.6%

* 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.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are $SB 81.8%, $EDRY 57.3%, $SBLK 48.1%, $GNK 44.9%, $ESEA 38.2%
  • 1M losers are : Losers for past month are $ATCO -3.9%, $NM -6.2%, $OSG -8.8%, $GMLPP -10.9%, $SINO -26.8%
  • 1W winners are : Winners for past week are $STNG 6.8%, $NNA 6.4%, $ASC 5.5%, $INSW 4.9%, $SBLK 4.9%
  • 1W losers are : Losers for past week are $EDRY -11.9%, $ESEA -12.8%, $NMM -14.5%, $DAC -15.3%, $NM -16.6%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 35.9%, for the past 3 months is 30.6%

In the past month for a 5 days rolling window, the highest corrrelation is 60.1%, the lowest correlation is 8.2%, the latest correlation is 25.2%

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 90.0% between DSSI and INSW

The lowest correlation is -24.2% between GMLPP and KNOP

Stock news