Aggregated price index with volume information
Summary:
- Nuclear Electric Power Generation stocks up 0.9% on average while median return up 0.8% in a day
- Nuclear Electric Power Generation stocks up 2.2% on average while median return up 2.2% in a week
- Nuclear Electric Power Generation stocks up 9.8% on average while median return up 6.5% 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.
- 1M winners are : Winners for past month are $HE 83.0%, $GNE 17.4%, $OTTR 16.6%, $ES 13.2%, $PNW 12.0%
- 1M losers are : Losers for past month are
- 1W winners are : Winners for past week are $OTTR 8.3%, $ES 5.6%, $EIX 4.8%, $AEP 3.6%, $OGE 3.5%
- 1W losers are : Losers for past week are $AGR -0.2%, $ELP -1.5%, $HE -3.8%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 37.8%, for the past 3 months is 37.9%
In the past month for a 5 days rolling window, the highest corrrelation is 66.3%, the lowest correlation is 10.7%, the latest correlation is 20.2%
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 92.5% between EIX and ETR
The lowest correlation is -28.8% between AEPPZ and EXC
Entergy's (ETR) Q2 results are likely to benefit from warmer-than-normal weather patterns. However, higher utility operations and maintenance expenses might have hurt earnings.
Atmos Energy, NiSource, FirstEnergy, Kimberly-Clark and Limoneira are part of the Zacks top Analyst Blog.
FirstEnergy's (FE) second-quarter 2024 results are expected to benefit from the ongoing enhancement of transmission lines and new distribution rates.
We have narrowed our search to five beaten-down stocks that are poised to beat on earnings results next week. These are: PYPL, AMT, XEL, AES, AMH.
CenterPoint Energy's (CNP) Q2 results are likely to reflect the benefits of a warmer-than-normal weather pattern and cost-reduction initiatives. However, higher interest rate expenses may have hurt earnings.
Exelon (EXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Stocks like Atmos Energy Corporation (ATO), NiSource Inc. (NI), FirstEnergy Corp. (FE), Kimberly-Clark Corporation (KMB) and Limoneira Company (LMNR) are safe bets during this ongoing market volatility.
PG&E (PCG) delivered earnings and revenue surprises of 3.33% and 2.71%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
The initiative kicks off with just three customers but is “a significant proof of concept ... and the goal is to expand these programs all around the country,” said Sunrun CEO Mary Powell.
DTE Energy's (DTE) second-quarter results are likely to benefit from favorable weather patterns. However, higher rate base costs are likely to have partially hurt its earnings.