Aggregated price index with volume information
- Real Estate Development stocks down 0.2% on average while median return down 0.9% in a day
- Real Estate Development stocks up 3.4% on average while median return up 3.6% in a week
- Real Estate Development stocks up 10.3% on average while median return up 5.4% 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.
- 1M winners are : Winners for past month are $IRS 53.6%, $LEJU 38.1%, $CRESY 25.8%, $HCDI 25.8%, $RDFN 21.8%
- 1M losers are : Losers for past month are $XIN -5.2%, $FPH -6.8%, $RMAX -19.4%, $FNGR -22.0%, $INTG -27.5%
- 1W winners are : Winners for past week are $HCDI 62.5%, $AXR 12.0%, $JBGS 8.4%, $RMR 7.1%, $ARL 6.7%
- 1W losers are : Losers for past week are $RDIB -4.0%, $FNGR -5.3%, $TCI -6.5%, $FPH -7.5%, $INTG -9.4%
Index correlation analysis
Correlation for the past month is 18.7%, for the past 3 months is 17.2%
In the past month for a 5 days rolling window, the highest corrrelation is 29.1%, the lowest correlation is 5.6%, the latest correlation is 14.6%
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 97.5% between CBRE and JLL
The lowest correlation is -58.3% between CKX and FOR
TORONTO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced today that its Board of Directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the "Common Shares") of US$0.15 per Common Share. This dividend is in accordance with the dividend policy of Colliers. The dividend is payable on January 12, 2024 to holders of Common Shares of record at the close of bu
As supply chains and material prices continue to stabilize, the U.S. and Canadian construction industry is positioned for success in 2024. The need for housing and some companies requiring employees to return to the office is expected to propel the industry forward, according to JLL's U.S. and Canada Construction Trends 2024 Forecast. "The industry is ready to successfully meet the challenges of 2024," said Todd Burns, JLL's president of project development services for the Americas. "With immen
In a significant move strengthening the thriving real estate landscape of St. Louis, Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S. has completed the acquisition of Cortona at Forest Park, a 278-unit Class-A apartment community. Positioned in the heart of St. Louis, this property boasts an unparalleled location adjacent to the iconic Forest Park, downtown Clayto
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DALLAS, December 05, 2023--Cushman & Wakefield announced today that Jeremy Edmiston will lead the real estate services firm's U.S. Build-To-Rent/Single-Family Rent sector.
CALABASAS, Calif., December 05, 2023--Institutional Property Advisors Releases Special San Francisco Bay Area Multifamily Report
RectorSeal, a leading manufacturer and distributor of industrial components, relocates from the Los Angeles basin to join the growing list of companies moving distribution operations to TRCCTEJON RANCH, Calif., Dec. 04, 2023 (GLOBE NEWSWIRE) -- The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. today announced it has secured a lease, several months in advance of occupancy, with RectorSeal, LLC. RectorSeal is a leading manufacturer of quality HVAC/R and plumbing products distr
PRINCETON, N.J., December 04, 2023--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.285 per share of common stock for the fourth quarter of 2023. On an annualized basis the fourth quarter 2023 dividend of $0.285 equals $1.14 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on January 12, 2024 to stockholders of record as of the cl
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CHICAGO, December 04, 2023--Cushman & Wakefield announces that it received a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI).