Aggregated price index with volume information
Summary:
- SmallCap Defense stocks up 0.2% on average while median return up 0.2% in a day
- SmallCap Defense stocks up 3.0% on average while median return up 3.0% in a week
- SmallCap Defense stocks down 3.3% on average while median return down 3.5% 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.
- 1M winners are : Winners for past month are
- 1M losers are : Losers for past month are $KTOS -4.0%
- 1W winners are : Winners for past week are $KTOS 4.7%
- 1W losers are : Losers for past week are
Correlation Analysis
Index correlation analysis
Correlation for the past month is 32.3%, for the past 3 months is 10.2%
In the past month for a 5 days rolling window, the highest corrrelation is 73.6%, the lowest correlation is -30.7%, the latest correlation is 10.7%
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 42.3% between DCO and KTOS
The lowest correlation is 24.2% between AJRD and KTOS
While Ducommun Incorporated ( NYSE:DCO ) might not be the most widely known stock at the moment, it saw significant...
Pursuing undervalued Cathie Wood stocks radiates a magnetic allure for investors aiming for a hefty financial breakthrough. The stocks favored by Wood are risky but grounded in foresight, offering tremendous long-term upside potential. She has effectively navigated the volatile waves of SPAC-mania and the burgeoning retail investor sphere with a discerning eye. Wood’s ARK ETF series blossomed during the bull run in 2021, benefiting growth-oriented entities. However, her picks haven’t been immune
RYE, N.Y., Sept. 05, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York, NY on September 7th. The conference will draw 16 companies, with a focus on the themes of the strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on
SANTA ANA, Calif., Sept. 05, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) announced today that Stephen G. Oswald, the Company’s chairman, president and chief executive officer will participate in the upcoming RBC Capital Markets Global Industrials Conference on September 13th, 2023. Institutional investors are welcome to contact RBC Capital Markets to arrange one-on-one meetings with management. About Ducommun Incorporated Ducommun Incorporated deliver
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SANTA ANA, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) announced today that Suman Mookerji, senior vice president, chief financial officer, controller and treasurer, will participate in the upcoming 29th Annual Gabelli Aerospace & Defense Symposium on September 7, 2023. A general presentation will be held at 10:30 a.m. Eastern, with one-on-one investor meetings scheduled throughout the day. Additional information will be posted on the
Key Insights Significantly high institutional ownership implies Kratos Defense & Security Solutions' stock price is...
SANTA ANA, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) announced today that Suman Mookerji, senior vice president, chief financial officer, controller and treasurer, will participate in the upcoming Jefferies Industrials Conference on September 6, 2023. A general presentation will be held at 11:30 a.m. Eastern, with one-on-one investor meetings scheduled throughout the day. Additional information will be posted on the Company’s websit
Key Insights Ducommun's estimated fair value is US$87.97 based on 2 Stage Free Cash Flow to Equity Ducommun's US$44.29...
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