MARKET COMPOSITE
Tobacco Stocks29-01-2023 20:01:00 PM
Price
$105.67
-0.31%
The list of companies include MO-Altria Group Inc., PM-Philip Morris International Inc, TPB-Turning Point Brands Inc, UVV-Universal Corp., VGR-Vector Group Ltd
* Latest intraday update before market close @ 19:45:33 PM 09/29/2023
Summary
:
Average return is down -0.5%
Median return is down -0.6%
0 out of 6 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
TPB -0.9%PM -0.7%UVV -0.6%VGR -0.5%MO -0.4%

Aggregated price index with volume information

Summary:

  • Tobacco stocks down 0.3% on average while median return down 0.4% in a day
  • Tobacco stocks down 2.1% on average while median return down 1.8% in a week
  • Tobacco stocks down 4.2% on average while median return down 4.9% 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.

Related Stocks
Ticker
1d
7d
30d
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
BTI0.1%
-5.7%
-6.2%
8.821.423.462%70.2B6%32\/\193-0.1%
MO-0.2%
-0.7%
-5.5%
11.072.3729.444.15-8%74.6B1%62%32\/\-193-0.0%
TPB-0.4%
-2.1%
-7.3%
1.096.641.90162%406.3M7%87%37/\/1930.1%
UVV-0.4%
-1.4%
-2.3%
10.221.010.68153%1.2B3%85%46\/-\193-0.0%
PM-0.5%
-2.5%
-4.3%
17.911.25.3232%143.7B1%76%42\/-386-0.0%
VGR-0.5%
-0.1%
-4.1%
10.431.071.221.7B3%64%45/\/\139-0.1%
* 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.
Detail Performance Summary
  • 1M winners are : Winners for past month are
  • 1M losers are : Losers for past month are $MO -5.5%, $BTI -6.2%, $TPB -7.3%
  • 1W winners are : Winners for past week are
  • 1W losers are : Losers for past week are $TPB -2.1%, $PM -2.5%, $BTI -5.7%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 38.6%, for the past 3 months is 30.5%

In the past month for a 5 days rolling window, the highest corrrelation is 78.0%, the lowest correlation is 6.7%, the latest correlation is 46.9%

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 56.2% between TPB and VGR

The lowest correlation is 0.3% between MO and UVV

Stock news

    The CFO said that if the company can meet a target of having smoke-free products account for two-third of sales by 2030, the cigarette business would become 'residual.'

    Key Insights Institutions' substantial holdings in Philip Morris International implies that they have significant...

    Philip Morris (PM) offers compound annual growth targets for 2024-2026 at Investor Day. It aims to generate more than two-thirds of its total net revenues from smoke-free products by 2030.

    Philip Morris International (PMI) on Thursday unveiled a zero-tobacco stick for use with its "heat-not-burn" device IQOS, which may help the company avoid tax and other regulations that affect its tobacco products in some markets. IQOS heats up small packets of ground up tobacco resembling cigarettes but does not burn them, a process the company says potentially results in fewer health risks compared to smoking. Now, PMI has developed a range of sticks, which it calls LEVIA, that do not contai...

    Philip Morris International (PMI) on Thursday signalled a slower than anticipated U.S. roll out of its IQOS heated tobacco device, a choice analysts said was positive for its competitors in the short term. Investors have been closely watching IQOS' entry into the U.S., the world's largest market for nicotine products, and had been expecting it from May 2024 next year. Chief Executive Jacek Olczak said IQOS would launch in four cities in two unnamed U.S. states from 2024, but a national launch ...

    Philip Morris International on Thursday said it would be filing a premarket tobacco product application (PMTA) in the United States for its IQOS ILUMA product in October. The company at its investor day said that while the PMTA timeline remains "hard to predict", it expects the launch of the ILUMA heated tobacco units towards the second half of its three-year forecast period of 2024 to 2026. A PMTA is required to sell new tobacco products in the United States, with manufacturers required to pr...

    Altria Stock: Buy, Sell, or Hold?09-28-2023 09:05:00 AM

    Altria has a big dividend yield, which may be highly enticing for income investors. Tread carefully.

    Philip Morris International (PMI) on Thursday signalled a slower than anticipated U.S. roll out of its IQOS heated tobacco device, a choice analysts said was positive for its competitors in the short term. Investors have been closely watching IQOS' entry into the U.S., the world's largest market for nicotine products, and had been expecting it from May 2024 next year. Chief Executive Jacek Olczak said IQOS would launch in four cities in two unnamed U.S. states from 2024, but a national launch ...

    Philip Morris International (PMI) said on Thursday it aims for more than two thirds of its net revenues to come from "smoke-free" products by 2030, as the world's top tobacco company continues to shift away from cigarettes. It already aims for 50% of net revenues to come from "smoke-free" products like its heated tobacco device IQOS by 2025, and on Thursday expanded that target to over two thirds of net revenues by 2030. "We see a realistic path to becoming a smoke-free company over time, and ...

    STAMFORD, CT, September 28, 2023--Regulatory News: Philip Morris International Inc.’s (NYSE: PM) senior management presents the company’s business strategies and growth outlook today at its 2023 Investor Day, held at the company’s Operations Center in Lausanne, Switzerland. Further explanation of PMI's use of non-GAAP measures cited in this document and reconciliations to the most directly comparable U.S. GAAP measures can be found in Exhibit 99.3 to the company's Form 8-K dated September 28, 20