Aggregated price index
Aggregated price index with volume information
Summary:
- Textiles stocks up 0.5% on average while median return up 1.4% in a day
- Textiles stocks up 2.7% on average while median return up 0.2% in a week
- Textiles stocks up 10.8% on average while median return up 7.6% 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 $CULP 18.7%, $AIN 15.8%
- 1M losers are : Losers for past month are $UFI -0.5%, $NNDM -1.2%
- 1W winners are : Winners for past week are $UFI 14.3%, $AIN 1.7%
- 1W losers are : Losers for past week are $CULP -1.3%, $NNDM -3.5%
Correlation Analysis
Index correlation analysis
Correlation for the past month is -3.4%, for the past 3 months is 15.9%
In the past month for a 5 days rolling window, the highest corrrelation is 37.5%, the lowest correlation is -26.0%, the latest correlation is 20.3%
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 29.8% between AIN and NNDM
The lowest correlation is -28.3% between AIN and UFI
Stock news
Here is how Albany International (AIN) and O-I Glass (OI) have performed compared to their sector so far this year.
Culp, Inc. ( NYSE:CULP ), might not be a large cap stock, but it led the NYSE gainers with a relatively large price...
High Point mattress and upholstery materials maker Culp Inc. downgraded its expectations for its current quarter because of inflation, macro-economic pressures, and changes in consumer spending. This includes approximately $5 million in inventory impairment charges and loss on the sale of raw material and finished-goods inventory in the company’s mattress fabrics segment. The expected loss also reflects $1 million in higher-than-normal inventory markdowns in the residential upholstery fabrics ...
HIGH POINT, N.C., November 22, 2022--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, "CULP") today announced that, based on unaudited preliminary results and current estimates, the company expects net sales of approximately $58 million for the second quarter of fiscal 2023, and expects to report a consolidated operating loss (loss from operations) to be in the range of $(11.7) to $(12.2) million for the second quarter. The consolidated operating loss includes approximately
Unifi, Inc. ( NYSE:UFI ) shareholders (or potential shareholders) will be happy to see that the Independent Director...
Expects to Open New Markets with High-Performance Resins Waltham, Mass., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, has signed an agreement with Tethon Corporation Inc. (“Tethon 3D”) to develop new materials for its Fabrica 2.0 micro-additive manufacturing system (“micro-AM”). The
The S&P 500 is coming off its best weekly performance since June thanks to a late week rip-your-face-off rally that was triggered by a better-than-expected October Consumer Price Index (CPI) reading that came out before the bell on Thursday. Rising interest rates already have shellacked the housing sector, and as I noted in my column last Friday the pace of layoffs at well-known companies such as Meta Platforms is picking up.
Here is how Albany International (AIN) and O-I Glass (OI) have performed compared to their sector so far this year.
Rogers Communication (RCI) delivered earnings and revenue surprises of -7.25% and 2.54%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Unifi ( NYSE:UFI ) First Quarter 2023 Results Key Financial Results Revenue: US$179.5m (down 8.4% from 1Q 2022). Net...