Market Composite

Regional Banks Stocks$158.49

-0.74%4:00PM 07/30/2021

The list of companies include ABCB-Ameris Bancorp, ABTX-Allegiance Bancshares Inc, ACBI-Atlantic Capital Bancshares Inc, ACNB-ACNB Corp., ALLY-Ally Financial Inc, ALRS-Alerus Financial Corp, ALTA-Altabancorp, AMAL-Amalgamated Bank., AMRB-American River Bancshares, AROW-Arrow Financial Corp., ASB-Associated Banc-Corp., ASRV-Ameriserv Financial Inc, ATLO-Ames National Corp., AUB-Atlantic Union Bankshares Corp, AUBN-Auburn National Bancorp Inc., BANC-Banc of California Inc, BANF-Bancfirst Corp., BANR-Banner Corp., BAP-Credicorp Ltd, BCBP-BCB Bancorp Inc (NJ), BCML-BayCom Corp, BCOW-1895 Bancorp of Wisconsin Inc, BFC-Bank First Corp, BFST-Business First Bancshares Inc., BHB-Bar Harbor Bankshares Inc, BHLB-Berkshire Hills Bancorp Inc., BKSC-Bank Of South Carolina Corp., BKU-BankUnited Inc, BLX-Banco Latinoamericano De Comercio Exterior SA, BMRC-Bank of Marin Bancorp

Latest intraday update before market close @ 19:45:49 PM 07/30/2021

Summary :

Average return is down -0.7%

Median return is down -0.8%

77 out of 282 stocks are up (limited to those with intraday pricing feeds).

Top Movers : BAP -16.3%, BSBR -4.1%, BMA -4.1%, MBIN -3.9%, KB -3.8%, EMCF -3.8%, EBC -3.7%, GGAL -3.2%, ACBI -3.0%, BOKFL -2.9%, SIVB -2.9%, PB -2.9%, SI -2.8%, LOB -2.7%, SSB -2.6%, BHB -2.6%, FRBK -2.5%, TCBI -2.5%, CIB -2.4%, OFED -2.3%, PACW -2.3%, BBAR -2.2%, FLIC -2.2%, INBK -2.2%, WAL -2.2%, CSTR -2.2%, SPFI -2.1%, HBAN -2.1%, ORRF -2.0%, BFST -2.0%, FHB -2.0%, WSBC -2.0%, OBNK -1.9%, HOMB -1.9%, GABC -1.9%, VBTX -1.9%, PLBC -1.9%, BCH -1.9%, CCB -1.9%, PFIS -1.9%, OSBC -1.9%, FRC -1.8%, NTB -1.8%, PNFP -1.8%, FBP -1.8%, CUBI -1.8%, VABK -1.8%, FCNCA -1.8%, OZK -1.7%, EWBC -1.7%, CFG -1.7%, TSC -1.7%, EQBK -1.7%, TFC -1.7%, TOWN -1.7%, WABC -1.7%, BPOP -1.7%, SNV -1.6%, PGC -1.6%, ALLY -1.6%, ASRV -1.5%, QCRH -1.5%, RRBI -1.5%, SBNY -1.5%, IBN -1.5%, ALTA -1.5%, UBSI -1.5%, BOH -1.4%, CCBG -1.4%, CBSH -1.4%, RBB -1.4%,

Aggregated price index

Aggregated price index with volume information

Summary:

Regional Banks stocks down 0.7% on average while median return down 0.7% in a day
Regional Banks stocks up 0.8% on average while median return up 0.6% in a week
Regional Banks stocks down 1.5% on average while median return down 1.5% 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

Click on + to show price series and click on ticker for stock detail page

Ticker	1 Day Return	1 Week Return	1 Month Return	PE Ratio	PE/G	P/B (mrq)	P/S (ttm)	Earning Growth	MarketCap	Short %	Held By Institutions %	RSI	Price Pattern	Days Since Channel Change	Channel Slope (daily rate %)	Half Channel Bandwidth	Distance to Channel MidPoint %

GLBZ	5.4%	3.5%	5.5%			1.03	2.47	122%	35.7M	0%	3%	55
BY	4.4%	7.0%	8.7%	17.09	1.22	1.07	3.46	635%	950.7M	1%	41%	66	\-/	85	0.2%	8.5%	2.7%
CARE	3.3%	12.0%	-8.3%			0.88	2.93	112%	303.2M	1%	36%	48	/-\	35	-0.8%	8.7%	9.7%
BOTJ	2.9%	-3.8%	-0.2%			1.24	2.30	84%	69.2M	0%	33%	49	/	101	0.3%	5.4%	-5.1%
BWFG	2.3%	3.7%	4.3%			1.12	3.87	318%	228.9M	4%	50%	62	\/	85	0.1%	8.3%	-1.5%
ITCB	1.9%	1.1%	-10.4%			0.29		233%	1.3B		0%	42	\-/\	84	-0.4%	14.2%	-0.3%
BKSC	1.8%	4.6%	2.6%			2.12	5.43	19%	114.1M	0%	8%	63
AUBN	1.7%	-1.4%	-4.6%			1.23	4.45	11%	122M	2%	14%	43	\	163	-0.1%	18.8%	-1.8%
BMRC	1.7%	6.1%	8.8%	14.7	2.12	1.17	3.99	24%	452.7M	4%	46%	68	\/\	85	-0.2%	10.2%	12.4%
SSBI	1.6%	-1.4%	4.7%			1.05	2.32	37%	77.7M	0%	15%	57	\/\	76	-0.1%	8.5%	5.1%
CHMG	1.5%	4.8%	3.6%			1.01	2.32	162%	213.8M	3%	37%	61	\/	84	0.1%	6.4%	0.2%
TBBK	1.4%	6.9%	1.6%	14.71	1.1	2.19	4.44	106%	1.3B	5%	96%	55	\/-	85	0.1%	7.3%	-2.1%
FUSB	1.3%	3.3%	7.2%	28.03		0.82	1.91	12%	72.9M	0%	19%	59	\/	109	0.2%	5.1%	1.6%
HMST	1.3%	0.8%	-7.4%	8.31	1.33	1.21	2.32	316%	805.7M	4%	88%	42	\/\	85	-0.2%	6.4%	-3.4%
IBCP	1.2%	4.6%	-3.1%		1.03	1.19	2.14	358%	458.1M	2%	82%	50	\/\	85	-0.1%	8.2%	-2.0%
BCBP	1.1%	3.4%	11.8%		0.86	0.97	2.48	182%	257.7M	2%	37%	68	\/-	85	-0.0%	6.1%	8.7%
NBN	1.1%	9.3%	6.8%			1.11	1.90	1722%	288.9M	3%	66%	70	\/	85	0.1%	5.9%	5.4%
VLYPP	1.1%	6.6%	7.9%			2.61	2.94	33%	5.4B		27%	73	/\/	105	0.0%	2.3%	4.2%
AMRB	1.0%	5.0%	9.2%		1.14	1.09	3.68	85%	118.7M	0%	54%	66	-/\	60	-0.1%	4.1%	8.8%
HTLFP	1.0%	0.4%	1.9%					164%	2B			52	/-/	55	0.0%	1.6%	0.8%

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* 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 $OPHC 43.2%, $HBMD 22.1%, $PCB 17.6%, $MCBS 14.0%, $PFHD 13.5%
1M losers are : Losers for past month are $HTH -13.0%, $HOMB -14.2%, $SSB -15.8%, $BAP -16.6%, $BCOW -28.9%
1W winners are : Winners for past week are $LKFN 17.4%, $CARE 12.0%, $OPHC 10.6%, $NBN 9.3%, $MCBS 9.2%
1W losers are : Losers for past week are $HTBI -5.5%, $PLBC -5.8%, $MBIN -5.9%, $FDBC -7.2%, $BAP -15.3%

Pick two stocks to compare:

ASB

AUB

Correlation Analysis

Index correlation analysis

Correlation for the past month is 37.9%, for the past 3 months is 31.8%

In the past month for a 5 days rolling window, the highest corrrelation is 56.6%, the lowest correlation is 10.8%, the latest correlation is 21.1%

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 93.6% between ASB and AUB

The lowest correlation is -50.8% between AUBAP and BKSC