Aggregated price index
Aggregated price index with volume information
Summary:
- Pharmaceuticals: Other stocks up 1.0% on average while median return up 0.9% in a day
- Pharmaceuticals: Other stocks down 2.3% on average while median return down 2.3% in a week
- Pharmaceuticals: Other stocks down 0.9% on average while median return down 4.4% 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 $VRNA 47.7%, $ACST 29.9%, $MDWD 26.9%, $ALBO 23.9%, $ZGNX 19.6%
- 1M losers are : Losers for past month are $ENDP -24.3%, $GLMD -25.2%, $ORMP -26.8%, $JUPW -44.9%, $INNV -45.2%
- 1W winners are : Winners for past week are $ICPT 18.2%, $RVMD 14.3%, $AMRN 8.3%, $INNV 8.2%, $UTHR 7.6%
- 1W losers are : Losers for past week are $DRRX -10.8%, $AXSM -13.1%, $ACRS -14.9%, $GLMD -15.1%, $TBPH -23.8%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 23.0%, for the past 3 months is 16.9%
In the past month for a 5 days rolling window, the highest corrrelation is 42.8%, the lowest correlation is 2.0%, the latest correlation is 23.8%
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 83.5% between ACB and CRON
The lowest correlation is -51.5% between BHC and BPTS
Stock news
RADNOR, Pa., January 14, 2022--Marinus Pharmaceuticals Announces Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)
Let's consider two such companies: Jazz Pharmaceuticals (NASDAQ: JAZZ) and Netflix (NASDAQ: NFLX). It's never good to be too reliant on a single product, and until recently Jazz Pharmaceuticals -- based in Dublin, Ireland -- relied heavily on Xyrem, a medicine that helps treat narcolepsy. The deal closed in May and cost Jazz $7.2 billion in cash and stock.
AMN Healthcare's (AMN) solid fourth-quarter results are likely to have been boosted by solid segmental performances.
The company cut three-quarters of its workforce late last year after the clinical trial failures of two drugs.
Last week, Catalent Inc (NYSE: CTLT) received an FDA write-up for its syringe filling facility in Belgium, "allegedly" the culprit behind supply shortage for Novo Nordisk A/S's (NYSE: NVO) obesity drug Wegovy, reported BioProcess International reported. An FDA inspection of the CDMO's filling site in Brussels yielded a Form 483, the publication said, calling it a "recent" inspection. "We are treating the FDA's 483 observations at the Brussels, Belgium, site very seriously and are working closely
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Prestige Brands, Inc.Global Credit Research - 13 Jan 2022New York, January 13, 2022 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Prestige Brands, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 5 January 2022 in which Moody's reassessed the appropriateness of...
Louisville, KY, based Investment company Stock Yards Bank & Trust Co (Current Portfolio) buys Eli Lilly and Co, Churchill Downs Inc, Anthem Inc, Procter & Gamble Co, Berkshire Hathaway Inc, sells Medtronic PLC, AT&T Inc, British American Tobacco PLC, RPM International Inc, Sherwin-Williams Co during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Stock Yards Bank & Trust Co.
Investment company Wedbush Securities Inc (Current Portfolio) buys iShares 1-3 Year Treasury Bond ETF, First Trust Low Duration Mortgage Opportunities ET, iShares TIPS Bond ETF, Revance Therapeutics Inc, , sells iShares Global Green Bond ETF, Quadratic Interest Rate Volatility And Inflation H, PIMCO Dynamic Credit & Mortgage Income Fund, AT&T Inc, iShares Commodities Select Strategy ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Wedbush Secu
Masimo's (MASI) solid full-year results likely to have been boosted by strong product sales.