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Transportation Stocks$94.82
-0.20%4:00PM 07/01/2022
The list of companies include AAL-American Airlines Group Inc, AAWW-Atlas Air Worldwide Holdings Inc., AIRT-Air T Inc, ALGT-Allegiant Travel, ALK-Alaska Air Group Inc., ARCB-ArcBest Corp, ASC-Ardmore Shipping Corp, ATCO-Atlas Corp., ATSG-Air Transport Services Group Inc, CAAP-Corporacion America Airports S.A., CHRW-C.H. Robinson Worldwide, Inc., CMRE-Costamare Inc, CNI-Canadian National Railway Co., CP-Canadian Pacific Railway Ltd, CPA-Copa Holdings S.A., CSX-CSX Corp., CVLG-Covenant Logistics Group Inc, CYRX-CryoPort Inc, DAC-Danaos Corporation, DAL-Delta Air Lines, Inc., DHT-DHT Holdings Inc, DSKE-Daseke Inc, DSX-Diana Shipping Inc, EDRY-EuroDry Ltd, EGLE-Eagle Bulk Shipping Inc, ESEA-Euroseas Ltd, EXPD-Expeditors International Of Washington, Inc., FDX-Fedex Corp, FRO-Frontline Ltd, FWRD-Forward Air Corp.
Latest intraday update before market close @ 19:45:57 PM 07/01/2022

Aggregated price index

Aggregated price index with volume information

Summary:

  • Transportation stocks down 0.2% on average while median return down -0.0% in a day
  • Transportation stocks down 1.9% on average while median return down 1.7% in a week
  • Transportation stocks down 9.8% on average while median return down 8.9% 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

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
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 %)
PSHG9.3%
-9.1%
-16.4%
-0.520.761.3M6%7%28-\58-1.2%
TNP6.6%
4.8%
-14.9%
-10.110.23174M3%27%46\-/1310.2%
SKYW3.6%
-1.8%
-18.0%
11.9-1.171.051.1920%1.1B3%89%43\/\131-0.3%
AAL3.5%
-5.5%
-24.1%
-3.580.061.148.5B15%52%40\/\261-0.1%
GRIN3.3%
-4.0%
-33.0%
0.990.76334.8M0%27%34/Below support3150.9%
KNOP3.2%
1.4%
-2.5%
0.681.052.29569.3M1%24%51\/\-1310.0%
KNX3.1%
1.4%
0.2%
9.680.961.251.5598%7.8B4%94%55/\At resistance131-0.2%
SAVE3.0%
0.1%
20.9%
-4.770.221.552.462.7B6%64%61\/\131-0.1%
USX3.0%
-7.4%
2.2%
0.081.820.2797.6M5%54%48/\261-0.3%
UAL2.9%
-5.4%
-19.9%
-5.960.163.411.6811.9B3%65%41\/\261-0.1%
ALK2.8%
-1.8%
-11.6%
11.250.982.742.895.2B2%82%42\/\261-0.1%
CP2.4%
1.3%
-2.1%
23.9916.666.436.6847%66.5B2%83%52/\-108-0.0%
HA2.4%
-5.1%
-14.7%
-3.620.12.242.98751.4M6%74%46\/\261-0.2%
PTSI2.3%
-5.2%
-1.1%
7.21.870.60311.7M2%25%49-/\128-0.6%
PATI2.2%
3.8%
1.5%
1.080.4825.9M0%42%51
ALGT2.1%
-6.5%
-20.8%
15.120.464.503.232.1B5%88%37\/\261-0.2%
RYAAY2.1%
-8.5%
-19.9%
26.375.3615.2215.6B46%36\/-\131-0.2%
CPA2.0%
1.3%
-5.8%
15.686.122.838.472B11%122%50\/-\131-0.1%
TFII2.0%
4.2%
0.6%
2.0720%7.4B59%57/-\At resistance121-0.3%
DAL1.9%
-5.4%
-25.3%
36.620.5259.472.2718.9B2%66%34\/\Below support261-0.1%

* 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.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are $USAK 92.3%, $CYRX 28.4%, $SAVE 20.9%, $CVLG 10.2%, $RLGT 9.7%
  • 1M losers are : Losers for past month are $SMHI -37.1%, $NM -37.3%, $EDRY -38.3%, $AZUL -40.8%, $GOL -40.9%
  • 1W winners are : Winners for past week are $CEA 9.4%, $ZNH 8.9%, $TNP 4.8%, $GPP 4.6%, $TFII 4.2%
  • 1W losers are : Losers for past week are $MESA -11.4%, $VLRS -11.8%, $AZUL -12.6%, $SMHI -13.4%, $GOL -15.2%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 38.7%, for the past 3 months is 30.1%

In the past month for a 5 days rolling window, the highest corrrelation is 64.7%, the lowest correlation is 4.3%, the latest correlation is 17.6%

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 95.6% between AAL and DAL

The lowest correlation is -41.4% between AIRT and CEA

Stock news

    07/1/2022DAL
    Why Airline Stocks Plunged in June

    Inflation fears caused aviation stocks to significantly underperform during a lousy month for stocks.

    07/1/2022AAL
    Delta offers passengers $10,000 for seats on an overbooked flight

    Yahoo Finance Live looks at how Delta Airlines offered $10,000 to passengers for their seats on an overbooked flight to Michigan ahead of the July 4th holiday weekend.

    07/1/2022DHT
    DHT Holdings, Inc. announces share buyback

    HAMILTON, BERMUDA, July 1, 2022 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) announces that the Company has during the second quarter purchased 2,826,771 of its own shares — equivalent to 1.7% of its outstanding shares — at an average price of $5.6256. The shares have been retired upon receipt. About DHT Holdings, Inc. DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrat

    07/1/2022CVLG
    Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call

    CHATTANOOGA, Tenn., July 01, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced it plans to release its second quarter earnings after 4:00 p.m. Eastern time on Monday, July 25, 2022. Covenant Logistics Group, Inc. will hold a live conference call to discuss its second quarter earnings release on Tuesday, July 26, 2022 at 10:00 a.m. Eastern time. Individuals with questions may dial in at 800-231-0316 (U.S./Canada) and 0800-524-4760 (International). An audio replay

    07/1/2022RYAAY
    Ryanair chief warns fares will rise for 5 years because flying is ‘too cheap’

    Ryanair boss Michael O’Leary, the pioneer of low-cost travel in Europe, has warned fares will rise for the next five years because flying has become “too cheap” to make profits as industry costs spiral. O’Leary also fired a broadside at the British government and what he called “the disaster” of Brexit that had stopped airlines easily recruiting European workers, which the industry says has worsened staff shortages this summer.

    07/1/2022AAL
    American Airlines (AAL) Pilots Likely to Get Huge Pay Hike

    American Airlines' (AAL) pilots will get extra benefits if the proposal is ratified by Sep 30, 2022.

    07/1/2022DAL
    UPDATE 1-Millions hit the road, skies, for U.S. Fourth of July holiday

    The number of people traveling by car and airplane for the Fourth of July holiday is expected to climb near pre-pandemic levels, a test for U.S. airlines that have struggled with inadequate staffing and flight cancellations this summer. The easing of COVID-19 restrictions and bottled-up travel demand are translating into the strongest summer since the pandemic for U.S. carriers. But so far the season has been marred by chaos, with more than 20,000 flight cancellations as U.S. airlines struggle...

    07/1/2022CEA
    Airbus Wins First Major China Jet Order Since Before Pandemic

    China placed a large order on behalf of three of its biggest airlines for close to 300 jets from Airbus, the first major commitment from China to new planes since before the onset of the pandemic.

    07/1/2022AAL
    Airlines are offering huge pay raises to pilots as staffing shortages fuel nightmare travel summer

    United Airlines recently announced its own contract agreement while Delta pilots protest stalled negotiations.