Aggregated price index
Aggregated price index with volume information
Summary:
- Personnel Services stocks down 0.1% on average while median return down -0.3% in a day
- Personnel Services stocks down 0.8% on average while median return down -0.1% in a week
- Personnel Services stocks down 6.0% on average while median return down 5.6% 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 $CCRN 22.6%, $AMN 19.2%, $RGP 15.1%, $NSP 1.2%, $BGSF 0.5%
- 1M losers are : Losers for past month are $RCMT -15.2%, $GVP -15.9%, $MHH -17.3%, $TBI -17.4%, $HSON -20.2%
- 1W winners are : Winners for past week are $CCRN 11.1%, $AMN 8.1%, $KFRC 2.8%, $TBI 2.8%, $NSP 2.5%
- 1W losers are : Losers for past week are $DLHC -4.8%, $RCRT -6.9%, $HSON -7.2%, $GVP -8.3%, $RCMT -10.8%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 37.4%, for the past 3 months is 26.4%
In the past month for a 5 days rolling window, the highest corrrelation is 58.2%, the lowest correlation is 4.5%, the latest correlation is 19.8%
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 92.1% between KELYA and NSP
The lowest correlation is -45.0% between KELYB and RCRT
Stock news
Shareholder-friendly steps boost Insperity (NSP). However, lower liquidity is worrisome.
Strong recurring revenue generation capacity and technology development boost Envestnet (ENV). However, lower liquidity is a concern.
LabCorp's (LH) Drug Development arm, in collaboration with BML, will open a 4,000-square meters lab facility in Kawagoe for global clinical trials.
The acquisition is expected to strengthen Accenture's (ACN) digital engineering, manufacturing and logistics capabilities.
Veeva Systems' (VEEV) slew of strategic deals raises optimism about the stock.
It certainly might concern RCM Technologies, Inc. ( NASDAQ:RCMT ) shareholders to see the share price down 31% in just...
NuVasive's (NUVA) Singapore Experience Center will complement the flagship Experience Centers in San Diego and the New York metropolitan area.
Investors remain optimistic about Patterson Companies (PDCO) on the back of its strong product line.
Shares were mixed in Asia on Monday while U.S. futures fell ahead of the July 4 holiday in the U.S. Last week was the fourth losing week in the last five for Wall Street as investors fret over high inflation and the possibility that higher interest rates could bring on a recession. The most optimistic scenario, a “Goldilocks outcome,” would bring a slowdown significant enough to cool inflation running at its highest level in four decades but not so strong as to result in a “hard landing,” Mizu...
The last three months have been tough on Robert Half International Inc. ( NYSE:RHI ) shareholders, who have seen the...