Aggregated price index
Aggregated price index with volume information
Summary:
- Supermarkets and Grocery Stores stocks up 1.1% on average while median return up 1.1% in a day
- Supermarkets and Grocery Stores stocks down 0.8% on average while median return down -1.2% in a week
- Supermarkets and Grocery Stores stocks up 2.1% on average while median return up 0.5% 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.
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 $SFM 17.3%, $CASY 9.1%, $KR 7.9%, $IMKTA 7.2%, $SYY 3.5%
- 1M losers are : Losers for past month are $VLGEA -2.5%, $CBD -5.8%, $WMK -6.3%, $NGVC -6.6%, $GO -10.3%
- 1W winners are : Winners for past week are $SYY 2.8%, $SFM 2.5%, $CASY 1.8%, $KR 1.8%, $IMKTA 1.8%
- 1W losers are : Losers for past week are $CBD -0.3%, $GO -1.0%, $VLGEA -5.4%, $NGVC -13.4%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 18.6%, for the past 3 months is 37.6%
In the past month for a 5 days rolling window, the highest corrrelation is 72.5%, the lowest correlation is -4.7%, the latest correlation is 30.7%
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 84.5% between IMKTA and WMK
The lowest correlation is -52.0% between GO and SFM
Stock news
If antitrust regulators don’t scuttle the deal, Kroger is set to buy its rival Albertsons for $24.6 billion, allowing the two companies to command about 13% of the US grocery market.
A temporary restraining order on the $4 billion dividend payment remains in place, with the hearing now scheduled for Dec. 9.
A state court in Washington had temporarily blocked Albertsons from paying a special dividend before the grocery chain closes its proposed deal with rival Kroger Co. Last week, the court had extended the payment block and set a hearing for Nov. 17 to further consider whether to prolong an existing order of prohibition. Albertsons, which had been scheduled to pay the special dividend on Nov. 7, was also sued by the attorneys general of the District of Columbia, California and Illinois, who argu...
Albertsons Companies Inc said on Wednesday its $4 billion dividend payment to shareholders will continue to remain on hold as a Washington state court postponed a scheduled case hearing to Dec. 9. A state court in Washington had temporarily blocked Albertsons from paying a special dividend before the grocery chain closes its proposed deal with rival Kroger Co. Last week, the court had extended the payment block and set a hearing for Nov. 17 to further consider whether to prolong an existing or...
Albertsons Companies Inc. said Wednesday that the Washington State Court has postponed the hearing on the grocery company's proposed payment of a special dividend. The stock rose 0.5% in afternoon trading. The postponement means the temporary restraining order (TRO) granted by the court remains in effect, to restrain the company from paying the $4 billion, or $6.85 per share, special dividend that was announced in October as part of the $24.6 billion deal for Kroger Co. to buy Albertsons. "Alber
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