Aggregated price index
Aggregated price index with volume information
Summary:
- Oil & Gas Production stocks up 0.7% on average while median return up 0.5% in a day
- Oil & Gas Production stocks down 1.4% on average while median return down 0.5% in a week
- Oil & Gas Production stocks down 20.1% on average while median return down 23.7% 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.
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 $HUSA 6.3%, $BPT 2.2%, $FRHC 0.9%
- 1M losers are : Losers for past month are $WTI -41.2%, $NEXT -41.6%, $BATL -42.8%, $REI -43.3%, $MTR -48.7%
- 1W winners are : Winners for past week are $PNRG 10.5%, $VOC 9.3%, $VET 8.7%, $CNQ 8.4%, $FRHC 8.1%
- 1W losers are : Losers for past week are $CRT -11.9%, $REPX -12.7%, $OAS -14.6%, $HUSA -15.4%, $GBR -20.2%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 55.1%, for the past 3 months is 48.9%
In the past month for a 5 days rolling window, the highest corrrelation is 73.6%, the lowest correlation is 18.9%, the latest correlation is 63.7%
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 96.0% between CPG and ERF
The lowest correlation is -7.3% between AFGC and AR
Stock news
Imperial Oil (IMO) to augment shareholder returns by initiating a 5% share-repurchase program.
The 6-3 ruling limits the agency's authority to curb emissions. At issue was the Clean Power Plan, which would let it remake the U.S. power system.
Yahoo Finance’s Alexis Keenan reports on the Supreme Court’s decision to limit the authority of the EPA in regulating power plant greenhouse gas emissions that cause climate change.
C$940 million is Imperial Oil's (IMO) share of the C$1.9 billion proceeds from the sale.
MTDR, STNG and SOI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 29, 2022.
Shareholders in a longstanding Denver oil company voted Tuesday to merge the business with a Texas oil producer in a deal that shifts the company headquarters out of Denver. Whiting Petroleum stock owners overwhelmingly favored the deal to combine the company with Houston-based Oasis Petroleum Inc. (Nasdaq: OAS), creating an oil and gas producer worth $6 billion and focused on developing wells in the Williston oil fields of North Dakota. Oasis Petroleum shareholders approved the merger in a vo...
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