Aggregated price index
Aggregated price index with volume information
- The momentum of the sector is very strong.
- Specialty Stores stocks up 0.4% on average while median return up -0.4% in a day
- Specialty Stores stocks up 8.7% on average while median return up 4.2% in a week
- Specialty Stores stocks up 16.2% on average while median return up 9.1% 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 is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes
Related Stocks (click on ticker for detail)
- 1M winners are : Winners for past month are $PRTY 145.2%, $BNED 65.5%, $KXIN 64.3%, $ONEW 45.0%, $KIRK 39.9%
- 1M losers are : Losers for past month are $ORLY -2.6%, $GRUB -9.7%, $VRM -10.5%, $BBBY -12.2%, $HOME -13.7%
- 1W winners are : Winners for past week are $KXIN 148.8%, $KIRK 32.8%, $GME 27.5%, $PRTY 23.5%, $HOME 20.8%
- 1W losers are : Losers for past week are $IAA -2.3%, $ABG -2.5%, $BJ -2.7%, $TCS -5.8%, $HVT -7.7%
Index correlation analysis
Correlation for the past month is 19.5%, for the past 3 months is 20.3%
In the past month for a 5 days rolling window, the highest corrrelation is 44.0%, the lowest correlation is 1.0%, the latest correlation is 23.1%
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 91.8% between AN and GPI
The lowest correlation is -74.8% between BBW and CHWY
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Newell Brands Inc.'s Sunbeam Products Inc. on Tuesday recalled its Crock-Pot 6-Quart Express Crock multi-cooker because of a burn hazard. The recall involves 914,430 products sold in the U.S., and about 28,330 sold in Canada, at Walmart Inc. and Target Corp. stores, and at Amazon.com Inc. and other online retailers, from July 2017 through November 2020 for prices ranging from $70 to $100. The recalled Crock-Pots, which were made in China, can pressurize when the lid is not fully locked, whic...
(Bloomberg Opinion) -- Like just about everything else in 2020, Black Friday is not going to be normal. The annual shopping bonanza, usually typified by scenes of long lines and shoulder-to-shoulder crowds hunting for discounts, will be more restrained amid the resurgent pandemic. But sparse crowds this time shouldn’t necessarily be cause for concern for retailers – especially given a late-cresting wave of optimism about how the broader holiday season will shake out. Typically, retailers want th...
Dick's Sporting Goods Inc. posted stronger-than-expected earnings for the third quarter, buoyed by positive trends in golf, outdoor activities, home fitness and active lifestyle during the coronavirus pandemic. The company posted net income of $177.2 million, or $1.84 a share for the quarter to Oct. 31, up from $57.6 million, or 66 cents a share, in the year-earlier period. Adjusted per-share earnings came to $2.01, well ahead of the $1.08 FactSet consensus. Sales rose 23% to $2.41 billion, als...
Black Friday and Cyber Week holiday sales announced for both vapor.com U.S. and CanadaBOCA RATON, Fla., Nov. 24, 2020 (GLOBE NEWSWIRE) -- Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced the launch of vapor.com Canada. Greenlane’s latest e-commerce platform will provide efficient and cost-effective shipping...