Aggregated price index
Aggregated price index with volume information
Summary:
- Office Equipment/Supplies stocks up 0.5% on average while median return up 0.5% in a day
- Office Equipment/Supplies stocks down 0.7% on average while median return down 3.3% in a week
- Office Equipment/Supplies stocks down 5.0% on average while median return down 8.5% 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.
Click on + to show price series and click on ticker for stock detail page
* 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.
- 1M winners are : Winners for past month are $VIRC 18.0%, $KEQU 16.3%
- 1M losers are : Losers for past month are $HNI -9.0%, $JCI -10.2%, $SCS -11.6%, $PBI -22.4%
- 1W winners are : Winners for past week are $KEQU 21.1%
- 1W losers are : Losers for past week are $TACT -3.6%, $HNI -4.1%, $SCS -4.2%, $PBI -4.9%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 33.8%, for the past 3 months is 15.9%
In the past month for a 5 days rolling window, the highest corrrelation is 43.3%, the lowest correlation is -1.9%, the latest correlation is 9.2%
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 97.0% between HNI and SCS
The lowest correlation is -33.0% between TACT and VIRC
Stock news
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
The acquisition is expected to strengthen Global-e’s platform offering for enterprise brands. Global-e and Pitney Bowes will also form a cross-border partnership to offer additional services to ecommerce brands. PETAH-TIKVA, Israel and STAMFORD, Conn., July 01, 2022 (GLOBE NEWSWIRE) -- Global-e (NASDAQ: GLBE) (“Global-e” or the “Company”), the world’s leading cross-border end-to-end platform for brands and retailers, today announced the closing of its previously announced acquisition of Borderfr
Is Acco Brands (ACCO) a great pick from the value investor's perspective right now? Read on to know more.
Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?
Kewaunee Scientific Corporation (NASDAQ: KEQU) today announced results for its fourth quarter and its fiscal year ended April 30, 2022.
Virco Manufacturing Corporation (VIRC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Steelcase Inc. ( NYSE:SCS ) will pay a dividend of US$0.14 on the 18th of July. The dividend yield will be 5.2% based...
It is hard to get excited after looking at Steelcase's (NYSE:SCS) recent performance, when its stock has declined 9.5...