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Marine Shipping Stocks$110.55
-1.60%4:00PM 07/01/2022
The list of companies include ASC-Ardmore Shipping Corp, ATCO-Atlas Corp., CMRE-Costamare Inc, DAC-Danaos Corporation, DHT-DHT Holdings 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, 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., 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, SFL-SFL Corporation Ltd, STNG-Scorpio Tankers Inc, TK-Teekay Corp
Latest intraday update before market close @ 19:45:54 PM 07/01/2022
Summary :
Average return is down -1.4%
Median return is down -1.4%
9 out of 39 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Marine Shipping stocks down 1.6% on average while median return down 1.6% in a day
  • Marine Shipping stocks down 1.4% on average while median return down 2.0% in a week
  • Marine Shipping stocks down 14.3% on average while median return down 17.3% 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.

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
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
PSHG9.3%
-9.1%
-16.4%
-0.520.761.3M6%7%28-\58-1.2%
TNP6.6%
4.8%
-14.9%
-10.110.23174M3%27%46\-/1310.2%
GRIN3.3%
-4.0%
-33.0%
0.990.76334.8M0%27%34/Below support3150.9%
KNOP3.2%
1.4%
-2.5%
0.681.052.29569.3M1%24%51\/\-1310.0%
FRO1.8%
0.4%
-10.9%
-203.150.540.991.61-83%1.8B4%25%49\/-/1310.1%
EURN0.9%
-2.4%
-10.0%
0.870.791.492.6B1%37%48\/\/At support560.2%
ATCO0.4%
-2.0%
-18.7%
7.120.92.2188%2.7B7%55%34/-\Below support119-0.1%
SBBA0.2%
0.0%
-0.1%
2B54\-\/At resistance600.0%
HMLP0.1%
0.3%
-1.1%
0.761.704.07336%300.4M1%19%71\/-\/1311.2%
ASC0.0%
-0.4%
-7.6%
-0.190.390.57241M3%78%45\/\/1310.9%
KEX-0.1%
0.5%
-11.0%
-16.1619.421.201.833.7B3%97%44\/-/1310.1%
INSW-0.2%
4.1%
-14.1%
-6.960.561.591.1B4%97%44\/\/At support1310.4%
NMM-0.2%
1.7%
-26.4%
0.090.542.47693M0%7%35\/-Below support2610.0%
GLOP-0.4%
-3.2%
-5.8%
-0.180.260.49150%282.8M4%18%46\-/2610.2%
DHT-0.8%
-2.1%
-0.8%
-25.2714.420.981.92-84%1B6%56%53\/\/570.1%
SFL-0.8%
1.3%
-16.9%
7.41-1.331.132.241.3B2%27%39\/Below support1310.2%
GLBS-0.9%
-6.7%
-6.7%
0.374.5518.3M8%3%
TNK-0.9%
0.4%
-19.3%
-2.52-2.650.450.70508.9M4%31%42\/\/1310.5%
STNG-1.0%
-1.9%
-1.9%
0.10.581.572B5%47%51\-\/Below support571.3%
TK-1.4%
-2.7%
-18.6%
-13.350.720.23288.8M3%27%34\-/-261-0.0%

* 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 $GASS 4.0%
  • 1M losers are : Losers for past month are $ESEA -30.6%, $GRIN -33.0%, $EGLE -35.4%, $NM -37.3%, $EDRY -38.3%
  • 1W winners are : Winners for past week are $TNP 4.8%, $INSW 4.1%, $CMRE 3.0%, $LPG 1.8%, $NMM 1.7%
  • 1W losers are : Losers for past week are $ESEA -4.9%, $GASS -5.2%, $GOGL -5.9%, $NM -6.2%, $GLBS -6.7%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 59.1%, for the past 3 months is 44.6%

In the past month for a 5 days rolling window, the highest corrrelation is 71.7%, the lowest correlation is 19.2%, the latest correlation is 55.7%

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 97.1% between EGLE and GNK

The lowest correlation is -2.5% between DLNG and PXSAP

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