Aggregated price index with volume information
Summary:
- Supermarkets and Grocery Stores stocks up 0.2% on average while median return up 0.3% in a day
- Supermarkets and Grocery Stores stocks down 1.6% on average while median return down 1.2% in a week
- Supermarkets and Grocery Stores stocks down 2.2% on average while median return down 1.2% 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 $SFM 3.2%, $CASY 0.2%
- 1M losers are : Losers for past month are $KR -1.6%, $NGVC -3.2%, $GO -5.5%, $SYY -7.0%
- 1W winners are : Winners for past week are $WMK 0.8%
- 1W losers are : Losers for past week are $SFM -2.0%, $GO -2.8%, $NGVC -2.8%, $VLGEA -4.5%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 26.1%, for the past 3 months is 18.8%
In the past month for a 5 days rolling window, the highest corrrelation is 56.5%, the lowest correlation is -5.8%, the latest correlation is 56.5%
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 65.8% between VLGEA and WMK
The lowest correlation is -14.6% between SYY and VLGEA
The grocer's shares have moved sharply higher, but the stock may have further upside from here
HOUSTON, April 09, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its third quarter fiscal year 2024 financial results at 10 a.m. EDT on Tuesday, April 30, 2024. All interested parties are invited to listen online at investors.sysco.com. Prior to the conference call and webcast, the company will also issue a news release and post a slide presentation in the investor relations section of its website. A replay of the webcast will be availab
Sysco (SYY) is focused on its Recipe for Growth plans. The company is on track with prudent buyouts to grow its distribution network and customer base.
Sysco Corp (NYSE:SYY) recently announced a dividend of $0.5 per share, payable on 2024-04-26, with the ex-dividend date set for 2024-04-04. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Sysco Corp's dividend performance and assess its sustainability.
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Key Insights Significantly high institutional ownership implies Sysco's stock price is sensitive to their trading...
Sysco (SYY) is focused on its Recipe for Growth, which includes enhancing customers' experience via digital tools. Management is on track with prudent buyouts to grow its distribution network.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Casey's General Stores (NASDAQ:CASY) has had a great run on the share market with its stock up by a significant 15...
Ingles Markets Inc (NASDAQ:IMKTA), an American regional supermarket chain with operations in the Southeastern United States, has reported an insider sale according to a recent SEC filing.