Aggregated price index
Aggregated price index with volume information
- The momentum of the sector is very strong.
- Pot stocks down 0.8% on average while median return down 0.4% in a day
- Pot stocks up 11.4% on average while median return up 9.0% in a week
- Pot stocks up 38.4% on average while median return up 33.8% 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 is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes
- 1M winners are : Winners for past month are $ACB 98.0%, $APHA 53.4%, $CGC 45.0%, $CRON 44.1%, $CNBS 40.2%
- 1M losers are : Losers for past month are
- 1W winners are : Winners for past week are $KERN 25.5%, $ACB 24.1%, $CGC 13.5%, $CNBS 10.5%, $APHA 10.4%
- 1W losers are : Losers for past week are $ACT -3.8%
Index correlation analysis
Correlation for the past month is 60.3%, for the past 3 months is 58.0%
In the past month for a 5 days rolling window, the highest corrrelation is 74.4%, the lowest correlation is 28.2%, the latest correlation is 54.8%
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 97.6% between MJ and THCX
The lowest correlation is -19.1% between APHA and GWPH
TORONTO, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”), an innovative global cannabinoid company, today announced that Mike Gorenstein, Executive Chairman, is scheduled to speak on a panel at the Cowen 2020 Boston Cannabis Conference on Wednesday, December 2, 2020 at 9:20 a.m. EST. For more information regarding the Cowen 2020 Boston Cannabis Conference please visit: https://www.cowen.com/conferences-and-events/3rd-annual-boston...
Shares of Aurora Cannabis (NYSE: ACB) rushed ahead to close up 28.5% on Tuesday, but as Wednesday unfolds, the Canadian cannabis company is giving back some of those gains and is down 7.3% in 11:30 a.m. EST trading. Aurora gathered up its gains yesterday as investors responded to news that the General Services Administration has begun the transition to a Biden administration, despite President Trump still not having actually conceded that Joe Biden won the election earlier this month. Because,...
NEW YORK, NY / ACCESSWIRE / November 25, 2020 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Aurora Cannabis Inc.
New York, New York--(Newsfile Corp. - November 25, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Aurora Cannabis Inc. (NYSE: ACB) alleging that the Company violated federal securities laws.Class Period: February 13, 2020 and September 4, 2020Lead Plaintiff Deadline: December 1, 2020Learn more about your recoverable losses in ACB:http://www.kleinstocklaw.com/pslra-1/aurora-cannabis-inc-loss-submission-form-2?id=11218&from=5The file...
NEW YORK, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can request that the Court appoint you as lead...
Like other marijuana stocks, Tilray has struggled to rein in losses, while investors gauge the impact of the U.S. election. So, is Tilray stock a buy now?
* Aurora strategically positioned within two of the largest legal cannabis markets outside of Canada * Agreement with Israeli leader Cantek provides access to Israel's drugstore channel * Finished product is co-branded under Aurora and Cantek brandsNYSE | TSX: ACB EDMONTON, AB, Nov. 25, 2020 /CNW/ - Aurora Cannabis Inc.
New York, New York--(Newsfile Corp. - November 24, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Aurora Cannabis Inc. ("Aurora Cannabis") (NYSE: ACB) between February 13, 2020 and September 4, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the District of New Jersey. To ...
Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Aurora Cannabis Inc. (NYSE: ACB) between February 13, 2020 and September 4, 2020, inclusive (the "Class Period"), of the important December 1, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Aurora investors under the federal securities laws.