Aggregated price index
Aggregated price index with volume information
Summary:
- Silver Ore Mining stocks down 2.0% on average while median return down 1.8% in a day
- Silver Ore Mining stocks up 2.8% on average while median return up 2.9% in a week
- Silver Ore Mining stocks up 8.3% on average while median return up 11.0% 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.
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 $HL 15.8%, $WPM 14.4%, $SVM 12.5%, $PAAS 11.8%
- 1M losers are : Losers for past month are $AG -5.6%, $MAG -8.3%
- 1W winners are : Winners for past week are $FSM 12.3%, $EXK 4.5%, $SVM 3.6%, $HL 3.1%
- 1W losers are : Losers for past week are $MAG -4.2%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 70.0%, for the past 3 months is 78.6%
In the past month for a 5 days rolling window, the highest corrrelation is 93.4%, the lowest correlation is 29.8%, the latest correlation is 64.8%
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 88.8% between AG and EXK
The lowest correlation is 44.2% between FSM and MAG
Stock news
Pan American Silver's (PAAS) silver production in the fourth quarter declined 10% year over year to 4.76 million ounces, bringing the year's tally to 18.5 million ounces.
Powered by Platinum Stage Sponsor - National Bank Financial THE Maple Gold Mines & JDS Group of Companies Student Sponsorship THE Salon Mi3 ExplorCo LoungeSpecial Sponsor: Government of Québec Premier Sponsor: Laurentian Bank Securities Platinum Stage Sponsor: National Bank Financial Gold Sponsors: BMO, IBK Capital, O3 Mining, Maple Gold Mines, JDS Group of Companies, Troilus Gold Silver Sponsors: PearTree Financial, Stifel GMP, Mi3 Financial Communications Bronze Sponsors: Cassels, ...
Fortuna Silver's (FSM) gold production in Q4 gained 25% year over year and silver output increased 8%. Gold equivalent production is expected to increase 3-15% in 2023.
BHP vs. WPM: Which Stock Is the Better Value Option?
VANCOUVER, British Columbia, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports that its Mexican subsidiary, Compania Minera Cuzcatlan (“Minera Cuzcatlan”), has received written notice of a resolution (the “SEMARNAT Resolution”) issued by the Secretaria de Medio Ambiente y Recursos Naturales (“SEMARNAT”) which provides that SEMARNAT is re-assessing the 12-year extension (“EIA Extension”) to the environmental impact authorization (“EIA”) for the San Jose Mi
On Wednesday, Wheaton Precious Metals got a positive adjustment to its Relative Strength (RS) Rating, from 79 to 85 following a positive move up on Tuesday. IBD's proprietary RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matches up against the rest of the market. Wheaton Precious Metals posted negative growth for both the top and bottom lines last quarter.
The drastic price movement came early on Tuesday following broad declines last week.
MAG Silver (MAG) announces that the final testing of the downstream power distribution and control systems at the Juanicipio Project is complete.
Most readers would already be aware that Wheaton Precious Metals' (TSE:WPM) stock increased significantly by 15% over...
To get a sense of who is truly in control of MAG Silver Corp. ( TSE:MAG ), it is important to understand the ownership...