Aggregated price index with volume information
Summary:
- Medical/Nursing Services stocks up 1.3% on average while median return up 1.4% in a day
- Medical/Nursing Services stocks up 3.2% on average while median return up 2.8% in a week
- Medical/Nursing Services stocks up 4.5% on average while median return up 6.4% 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 $PNTG 29.9%, $ENSG 18.3%, $SMTI 16.7%, $FLGT 16.2%, $BDSX 14.7%
- 1M losers are : Losers for past month are $ACHC -0.7%, $DVA -3.3%, $NTRA -7.8%, $BRTX -21.3%, $ACCD -33.4%
- 1W winners are : Winners for past week are $ACCD 18.3%, $MD 9.6%, $FLGT 8.4%, $SMTI 8.4%, $PNTG 8.0%
- 1W losers are : Losers for past week are $RCM -2.1%, $BDSX -2.8%, $NTRA -3.1%, $BRTX -3.6%, $PDEX -4.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 11.4%, for the past 3 months is 7.8%
In the past month for a 5 days rolling window, the highest corrrelation is 25.8%, the lowest correlation is -1.1%, the latest correlation is 2.9%
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 82.4% between GH and OPCH
The lowest correlation is -62.6% between LHCG and NTRA
AMED vs. USPH: Which Stock Is the Better Value Option?
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Amedisys (AMED) delivers year-over-year growth in all three of its segmental revenues in the second quarter of 2024.
HOUSTON, July 26, 2024--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced that it will report its financial results for the three and six months ended June 30, 2024, on Tuesday, August 13, 2024, after the stock market closes, with the conference call to follow the next morning, on Wednesday, August 14, 2024.
Q2 2024 Chemed Corp Earnings Call
It's not possible to invest over long periods without making some bad investments. But you want to avoid the really big...
The headline numbers for Amedisys (AMED) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Chemed's (CHE) VITAS segment delivers impressive revenue growth and margin expansion in the second quarter of 2024.
Chemed (CHE) delivered earnings and revenue surprises of -1.26% and 1.17%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
DaVita HealthCare (DVA) closed the most recent trading day at $143.81, moving +1.37% from the previous trading session.