MARKET COMPOSITE
Precious Metals Stocks24-02-2024 20:02:00 PM
Price
$107.81
-0.20%
The list of companies include AAU-Almaden Minerals Ltd, AEM-Agnico Eagle Mines Ltd, AG-First Majestic Silver Corporation, AGI-Alamos Gold Inc., ASM-Avino Silver & Gold Mines Ltd., AUMN-Golden Minerals Co, AUY-Yamana Gold Inc., BTG-B2gold Corp, CDE-Coeur Mining Inc, EGO-Eldorado Gold Corp., EMX-EMX Royalty Corp, EXK-Endeavour Silver Corp., FCX-Freeport-McMoRan Inc, FNV-Franco-Nevada Corporation, FSM-Fortuna Silver Mines Inc., GATO-Gatos Silver Inc, GAU-Galiano Gold Inc, GLDG-GoldMining Inc, GOLD-Barrick Gold Corp., GORO-Gold Resource Corporation, HL-Hecla Mining Co., HYMC-Hycroft Mining Holding Corporation, IAG-Iamgold Corp., KGC-Kinross Gold Corp., LODE-Comstock Mining Inc, MAG-MAG Silver Corp., MUX-McEwen Mining Inc, NEM-Newmont Corp, NG-Novagold Resources Inc., NGD-New Gold Inc
* Latest intraday update before market close @ 19:45:34 PM 04/24/2024
Summary
:
Average return is down -0.2%
Median return is down -0.3%
15 out of 41 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
GMGI -3.3%USAU -3.3%SVM -2.8%IAG -2.7%NG -2.6%CDE -1.7%GATO -1.7%MUX -1.4%GOLD -1.2%BTG -1.2%EXK -0.9%

Aggregated price index with volume information

Summary:

  • Precious Metals stocks down 0.2% on average while median return down 0.3% in a day
  • Precious Metals stocks down 0.2% on average while median return down 0.8% in a week
  • Precious Metals stocks up 14.7% on average while median return up 12.5% 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.

Related Stocks
Ticker
1d
7d
30d
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
SILV4.0%
14.1%
23.9%
4.641.2B49%69\/Above resistance1580.3%
SA3.6%
-2.0%
15.3%
1.821.3B4%32%54/-\-Above resistance2210.0%
NEM2.4%
0.1%
13.8%
-132.252.174.26-32%44.5B2%83%59/-\221-0.1%
SSRM1.9%
8.1%
36.7%
-1.11.003.31121%1.1B6%61%63/\-\221-0.3%
AEM1.2%
1.9%
13.7%
16.080.592.684.4931.8B0%73%67/\/Above resistance580.3%
BVN0.6%
1.7%
-6.9%
72.280.670.883.114.4B70%47-\-/2210.6%
KGC0.6%
2.8%
16.0%
19.61-1.661.211.8922%8.1B64%63/\/Above resistance2210.1%
SBSW0.6%
-10.0%
6.8%
0.096190%3.5B10%47/-\419-0.2%
AGI0.5%
1.7%
11.4%
-0.891.063.846B70%61/\-/Above resistance2210.0%
EMX0.5%
-1.6%
10.5%
2.6432.18214.2M0%17%54/\/Above resistance760.2%
FCX0.5%
-3.2%
6.4%
37.690.364.693.1569.2B2%79%54/-Above resistance4410.0%
GFI0.4%
-4.4%
11.9%
21.582.212.22523%15.2B37%54/-/Above resistance4410.1%
RGLD0.4%
-1.7%
8.9%
33.212.32.9513.5540%7.9B4%83%54/\-/\221-0.0%
SAND0.2%
-0.7%
7.4%
2.5715.721.6B46%55/\At resistance221-0.1%
WPM0.2%
-0.2%
17.0%
44.173.3716.9471%23.8B66%66\/Above resistance2940.0%
GLDG0.0%
-1.2%
-1.2%
3.55151.8M10%43\-1580.0%
HL0.0%
-0.8%
23.0%
-37.43-0.952.345.273.2B2%64%58/\-\Above resistance221-0.1%
NGD0.0%
-0.6%
8.9%
2.611.511.921.2B56%53/-/At resistance2210.2%
PAAS0.0%
-1.5%
32.3%
1.512.304.436.8B55%64\Above resistance293-0.0%
TGB0.0%
-3.7%
10.3%
1.781.49686.1M20%57\/\/Above resistance1030.8%
* 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.
Detail Performance Summary
  • 1M winners are : Winners for past month are $SSRM 36.7%, $FSM 33.3%, $CDE 32.7%, $PAAS 32.3%, $MAG 31.1%
  • 1M losers are : Losers for past month are $CTGO -0.2%, $OR -0.3%, $DRD -0.6%, $BVN -6.9%
  • 1W winners are : Winners for past week are $GMGI 27.9%, $SILV 14.1%, $SSRM 8.1%, $EXK 5.9%, $GATO 2.9%
  • 1W losers are : Losers for past week are $GFI -4.4%, $DRD -8.1%, $AU -8.1%, $NG -8.9%, $SBSW -10.0%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 41.7%, for the past 3 months is 43.5%

In the past month for a 5 days rolling window, the highest corrrelation is 61.1%, the lowest correlation is 7.9%, the latest correlation is 50.4%

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 93.8% between AU and HMY

The lowest correlation is -44.0% between AEM and AUY

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