Aggregated price index with volume information
Summary:
- Payroll Services stocks up 1.9% on average while median return up 1.5% in a day
- Payroll Services stocks up 2.9% on average while median return up 2.5% in a week
- Payroll Services stocks up 9.9% on average while median return up 7.1% 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.
- 1M winners are : Winners for past month are $REKR 25.5%, $FC 22.4%, $DNB 18.3%, $CBZ 16.2%, $HURN 13.3%
- 1M losers are : Losers for past month are $ICFI -3.9%, $LTBR -23.3%
- 1W winners are : Winners for past week are $REKR 11.3%, $DNB 6.7%, $RGP 4.6%, $FC 4.2%, $HURN 3.5%
- 1W losers are : Losers for past week are $FCN -0.5%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 16.7%, for the past 3 months is 10.9%
In the past month for a 5 days rolling window, the highest corrrelation is 38.7%, the lowest correlation is -4.0%, the latest correlation is 14.8%
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 79.1% between CBZ and HURN
The lowest correlation is -54.1% between LTBR and PAYX
Q2 2024 FTI Consulting Inc Earnings Call
The U.S. Department of Defense (DOD) Defense Human Resources Agency (DHRA) recently awarded a new multiple-award blanket purchase agreement (BPA) to global consulting and technology services provider ICF (NASDAQ:ICFI) to design, develop, migrate and deploy cloud-based solutions to modernize the agency's Defense Manpower Data Center (DMDC). The BPA has a ceiling value of $1.4 billion across all 10 awardees over a five-year period, including a one-year base and four one-year option periods.
ICF (NASDAQ: ICFI), a global consulting and technology services provider, today announced its participation at the Canaccord Genuity 44th Annual Growth Conference. ICF Chief Executive Officer John Wasson and Executive Vice President of Energy, Environment and Infrastructure Anne Choate will participate in a fireside chat at 8:30 a.m. Eastern Time on Wednesday, August 14.
Although the revenue and EPS for FTI Consulting (FCN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
FTI Consulting (FCN) delivered earnings and revenue surprises of 19.39% and 2.06%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
WASHINGTON (AP) — FTI Consulting Inc. FCN) on Thursday reported profit of $83.9 million in its second quarter. On a per-share basis, the Washington-based company said it had net income of $2.34.
Second Quarter 2024 Revenues of $949.2 Million, Up 10% Compared to $864.6 Million in Prior Year QuarterSecond Quarter 2024 EPS of $2.34, Up 34% Compared to $1.75 in Prior Year QuarterCompany Raises Full Year 2024 Revenue and EPS Guidance Ranges to Reflect Record First Half of 2024 WASHINGTON, July 25, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today released financial results for the second quarter ended June 30, 2024. Second quarter 2024 revenues of $949.2 million increased $84.6
Amid a backdrop of significant market turbulence, with major U.S. indices like the Nasdaq experiencing sharp declines, investors may find reassurance in companies where insiders hold substantial ownership stakes. High insider ownership can signal strong confidence in the company's future prospects, an appealing trait especially when navigating through volatile market phases.
CLEVELAND, July 24, 2024--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the CBIZ Main Street Index — Summer 2024, taking the pulse of and gauging the outlook for small and mid-sized businesses (SMBs). While the Index found a notable sense of confidence for SMBs, labor challenges remain the top concern. About two-thirds (62.4%) say having an adequate number of skilled workers is their biggest concern, up 16% from January 2024. To address wo
RESTON, Va., July 23, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, will announce its financial results for the second quarter of fiscal year 2024 on Wednesday, July 31st after the market closes. Lightbridge will host a conference call on Thursday, August 1st, at 4:00 PM ET with the investment community to discuss the Company’s financial results and provide an update on its fuel development activities. CONFERENCE CAL