Aggregated price index
Aggregated price index with volume information
Summary:
- Optical Instrument and Lens Manufacturing stocks up 1.6% on average while median return up 1.7% in a day
- Optical Instrument and Lens Manufacturing stocks up 3.7% on average while median return up 2.7% in a week
- Optical Instrument and Lens Manufacturing stocks down 6.0% on average while median return down 0.1% 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 $ARRY 34.0%, $KLAC 5.2%, $SUNW 3.8%, $NVMI 3.4%, $VICR 2.6%
- 1M losers are : Losers for past month are $ENS -9.1%, $AMOT -18.8%, $ROK -22.2%, $FLUX -25.5%, $KULR -34.7%
- 1W winners are : Winners for past week are $ARRY 35.8%, $SUNW 14.5%, $VICR 8.7%, $ESP 8.3%, $KLAC 3.2%
- 1W losers are : Losers for past week are $CYBE -0.2%, $IIVI -0.7%, $AMOT -7.6%, $FLUX -7.7%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 29.2%, for the past 3 months is 21.1%
In the past month for a 5 days rolling window, the highest corrrelation is 43.2%, the lowest correlation is 5.7%, the latest correlation is 37.8%
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 88.4% between KLAC and VICR
The lowest correlation is -37.7% between CYBE and SVT
Stock news
SAN DIEGO, May 20, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, is scheduled to participate at the following conferences in May 2022: 2022 Battery Electric Vehicle Thermal Management Innovation Conference – KULR is a sponsor of this eventTime & Date: 9:00 a.m. PT presentation on May 25, 2022Location: Palo Alto, CADetails: Dr. Will Walker,
Preformed Line Products' (NASDAQ:PLPC) stock is up by 5.7% over the past three months. Given its impressive...
VISTA, Calif., May 18, 2022--Flux Power to Present at Upcoming Investor Conferences
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the first quarter ended March 31, 2022, including significant growth in revenue, gross margin and operating income.
SAN DIEGO, May 16, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today reported results for the first quarter ended March 31, 2022. First Quarter 2022 and Recent Operational Highlights: Selected by a multinational technology conglomerate to supply proprietary carbon fiber solution for core component in the sensing of electrical nerve signa