Aggregated price index
Aggregated price index with volume information
Summary:
- Regional Banks stocks down 1.0% on average while median return down 1.1% in a day
- Regional Banks stocks up 1.0% on average while median return up 0.9% in a week
- Regional Banks stocks up 7.9% on average while median return up 7.0% 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 $SI 67.6%, $BPFH 62.8%, $OPHC 33.8%, $SIVB 32.0%, $HWC 29.3%
- 1M losers are : Losers for past month are $FNCB -10.6%, $PDLB -10.9%, $CALB -11.3%, $PEBK -11.7%, $BMA -13.3%
- 1W winners are : Winners for past week are $ALLY 9.4%, $ASRV 9.1%, $SSBI 9.0%, $SIVB 8.8%, $FMBI 8.5%
- 1W losers are : Losers for past week are $BAP -7.2%, $FCCY -8.1%, $SI -8.2%, $FGBI -8.9%, $CALB -11.8%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 33.5%, for the past 3 months is 39.8%
In the past month for a 5 days rolling window, the highest corrrelation is 51.6%, the lowest correlation is 10.8%, the latest correlation is 30.1%
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 96.7% between ACBI and AUB
The lowest correlation is -40.3% between AUBAP and BANF
Stock news
Lima, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Lima, PERU, January 15, 2021 -- Credicorp (NYSE: BAP) announces that in accordance with its corporate disclosure policies and to prevent any leaks of financial results and ensure fairness, the Company will start the quiet period for 4Q20’s earnings release on January 25. This period will end on the date of the release, February 08. During the quiet period, the Company will not disclose any financial information, comment on financial results, or respond to ...
TYLER, Texas, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its fourth quarter and year-end financial results before the market opens on Wednesday, January 27, 2021. Southside will host a conference call to discuss its results on Wednesday, January 27, 2021 at 9:00 a.m. CST. The call will be hosted by Lee R. Gibson, President and CEO, Julie Shamburger, CFO and Lindsey Bailes, VP, Investor Relat...
The new division will focus on serving money service business industryROSEMONT, Ill., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Wintrust Commercial Banking announced the creation of a new division, Wintrust Money Service Exchange Group, to focus on supporting businesses within the money service business industry. The group will offer treasury management, lending, and capital markets support to money service businesses in the U.S. “We’re always focused on expanding our offerings to better serve clients i...
F.N.B. Corporation (NYSE: FNB) today announced that its Board of Directors declared a quarterly cash dividend of $18.13 per share (equivalent to $0.45325 per depositary share or 1/40th interest per share) on F.N.B. Corporation's Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: FNB PRE). The dividend is payable on February 15, 2021, to shareholders of record as of the close of business on January 29, 2021.
WILMINGTON, Del., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating FNS Bancshares, Inc. (“FNS Bancshares”) (OTC: FNSB) regarding possible breaches of fiduciary duties and other violations of law related to FNS Bancshares’ agreement to merge with BancorpSouth Bank (“BancorpSouth”) (NYSE: BXS). Under the terms of the agreement, FNS Bancshares’ shareholders will receive a number of shares of BancorpSouth and an amount in cash per share. To learn more about th...
Huntington Bancshares (HBAN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
First Horizon (FHN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
First Hawaiian (FHB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ally Financial (ALLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.