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Mineral Rights Stocks$68.35
0.34%4:00PM 01/15/2021
The list of companies include
Latest intraday update before market close @ 19:39:55 PM 01/15/2021
Summary :
Average return is up 0.5%
Median return is down -1.4%
1 out of 3 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • The momentum of the sector is very strong.
  • Mineral Rights stocks up 0.3% on average while median return up -1.5% in a day
  • Mineral Rights stocks up 6.5% on average while median return up 6.3% in a week
  • Mineral Rights stocks up 15.4% on average while median return up 15.7% 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.

Related Stocks (click on ticker for detail)
Ticker
1 Day Return
1 Week Return
1 Month Return
PE Ratio
PE Growth Ratio
Price To Book
Earning Growth
MarketCap
Short %
Held By Institutions %
20 Days Price ZScore
50 Days Price ZScore
12-26 Days percentage price oscillator
20 Days Volume ZScore
BSM4.80%
6.30%
16.60%
14.311.781.81-66.20%1.6B0.53%17.83%2.062.793.50%3.98
DMLP-2.30%
7.70%
13.10%
4.24-56.20%450.1M0.26%16.12%1.562.153.74%-0.04
VNOM-1.50%
5.10%
15.70%
-3.511.08993.2M3.05%76.20%1.421.556.39%0.02

Related ETFs (click on ticker for detail)

leak data

  • 1M winners are : Winners for past month are $BSM 16.6%
  • 1M losers are : Losers for past month are
  • 1W winners are : Winners for past week are $DMLP 7.7%
  • 1W losers are : Losers for past week are
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 50.9%, for the past 3 months is 50.6%

In the past month for a 5 days rolling window, the highest corrrelation is 92.1%, the lowest correlation is 4.5%, the latest correlation is 83.0%

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 74.3% between DMLP and VNOM

The lowest correlation is 27.5% between BSM and DMLP

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