Aggregated price index
Aggregated price index with volume information
- Robotic Surgery stocks up 1.3% on average while median return up 0.7% in a day
- Robotic Surgery stocks down 1.7% on average while median return down 1.9% in a week
- Robotic Surgery stocks up 1.9% on average while median return up 1.7% 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.
Click on + to show price series and click on ticker for stock detail page
* 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 $STXS 16.1%, $MDT 6.3%
- 1M losers are : Losers for past month are $MBOT -3.0%, $ISRG -6.3%
- 1W winners are : Winners for past week are $MDT 2.0%
- 1W losers are : Losers for past week are $ISRG -3.7%, $MBOT -5.1%
Index correlation analysis
Correlation for the past month is 20.3%, for the past 3 months is 22.0%
In the past month for a 5 days rolling window, the highest corrrelation is 60.6%, the lowest correlation is -9.7%, the latest correlation is -9.7%
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 42.1% between MBOT and MDT
The lowest correlation is -1.7% between ISRG and STXS
Companies in the healthcare industry in particular are often known for producing steady performance even in a tough macro period as they aren't exposed to the same economic cyclicality that other industries are. Vertex Pharmaceuticals (NASDAQ: VRTX) is a healthcare company that specializes in medicines and therapies targeting rare diseases. Right now, the company's approved medicines are all for the rare genetic disease cystic fibrosis, and it controls the lion's share of this multibillion-dol...
Microsoft, Nvidia, Alphabet, Mobileye and Intuitive Surgical are part of the Zacks Investment Ideas article.
High school freshman Zach Johnson didn't expect his first big robotics project to be made of wood and…not a robot.
Intuitive Surgical ( NASDAQ:ISRG ) Full Year 2022 Results Key Financial Results Revenue: US$6.22b (up 9.0% from FY...
Medtronic plc (NYSE:MDT) recently became aware that TRC Capital Investment Corporation (TRC) has made an unsolicited mini-tender offer to purchase up to 1,500,000 Medtronic ordinary shares, representing approximately 0.1% of the company's outstanding ordinary shares. TRC's offer price of $77.25 per share in cash is approximately 4.5% lower than the $80.91 closing price of Medtronic ordinary shares on January 20, 2023, the last closing price prior to commencement of the offer.
Medtronic (MDT) closed at $81.20 in the latest trading session, marking a +0.5% move from the prior day.
Intuitive Surgical definitively slammed investors' hope for a new robotic surgery system this year, and ISRG stock crumbled Wednesday.
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Intuitive Surgical, Inc. (NASDAQ:ISRG) Q4 2022 Earnings Call Transcript January 24, 2023 Operator: Ladies and gentlemen, good afternoon. Thank you for standing by, and welcome to the Intuitive Quarter Four 2022 Earnings Release. At this time, all lines are in a listen-only mode. Later, there will be an opportunity for your questions. And as a […]
Intuitive Surgical's (ISRG) fourth-quarter results reflect healthy demand for procedures, partially offset by lower system sales and unfavorable currency. Procedure volume in China suffers.