MARKET COMPOSITE
Transportation Stocks28-00-2024 20:00:25 PM
Price
$124.09
+ 0.21%
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 @ 19:45:41 PM 03/28/2024
Summary
:
Average return is up 0.2%
Median return is up 0.6%
70 out of 92 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
UAL + 1.4%GOGL + 1.4%TNK + 1.6%INSW + 1.7%CPA + 1.8%SMHI + 1.9%JBHT + 2.1%LPG + 2.2%TRMD + 2.3%PXS + 2.4%HTLD + 2.4%CHRW + 2.5%LSTR + 2.6%KNX + 2.7%ALK + 2.8%PTSI + 2.9%FWRD + 3.3%CAAP + 3.8%ARCB + 4.3%ONEW + 4.4%SAVE + 4.5%DLNG + 4.7%ESEA + 7.2%

Aggregated price index with volume information

Summary:

  • Transportation stocks up 0.2% on average while median return up 0.5% in a day
  • Transportation stocks up 0.2% on average while median return up 0.5% in a week
  • Transportation stocks up 2.2% on average while median return up 1.9% 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 %)
ESEA7.1%
-1.8%
-0.1%
2.110.535.303.2294%232.7M5%4%49\/Below support840.4%
DLNG6.5%
8.5%
0.7%
3.480.480.7592%101.2M0%20%56\/1220.1%
SAVE4.8%
2.3%
-25.4%
-1.130.221.552.46505.8M6%64%40\-\85-0.8%
ONEW4.5%
5.8%
10.2%
-7.050.100.501787%392.2M4%81%65/\-209-0.1%
ARCB4.0%
3.2%
2.0%
17.310.621.660.473.2B3%91%60/-/2180.2%
CAAP3.8%
6.9%
15.2%
-0.231.861.932.6B2%10%72\/-/2180.2%
FWRD3.7%
8.2%
-20.5%
4.661.934.401.8134%791.4M2%101%44/-\218-0.3%
LSTR2.8%
2.9%
0.8%
25.490.937.801.3289%6.7B4%105%59/\/-2180.0%
LPG2.7%
0.5%
6.5%
4.970.480.621.8850%1.5B10%79%57\/Below support2180.4%
KNX2.6%
2.9%
-1.6%
400.961.251.5598%8.7B4%94%51/-/-218-0.0%
CHRW2.4%
2.4%
2.3%
27.331.716.630.72122%8.7B11%94%56/-/\218-0.1%
ALK2.3%
8.1%
12.9%
22.960.982.742.895.3B2%82%74\/\218-0.1%
HTLD2.3%
1.0%
-7.6%
62.471.381.862.134%922.5M5%59%46-\/\218-0.1%
RLGT2.1%
-2.0%
-5.4%
0.412.230.389304%249.2M3%56%44/\218-0.0%
JBHT2.0%
0.7%
-2.9%
28.011.196.051.6540%20.2B2%77%50/-/2180.1%
TRMD2.0%
1.7%
1.8%
0.630.86863.1M82%57\/-/1550.2%
TNK1.9%
1.8%
6.0%
3.86-2.650.450.701.7B4%31%63\-/2180.2%
PXS1.7%
-3.1%
8.8%
0.621.5548.6M2%21%55\/1540.2%
OSG1.6%
2.4%
6.8%
0.500.46447M4%50%62-/Above resistance2180.3%
VTOL1.5%
1.3%
0.4%
47.341.810.73758.3M94%58/-2180.0%
* 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 $SMHI 33.4%, $NMM 24.9%, $FDX 18.6%, $VRRM 15.7%, $JBLU 15.6%
  • 1M losers are : Losers for past month are $PTSI -10.1%, $LUV -15.3%, $FWRD -20.5%, $SAVE -25.4%, $ODFL -49.4%
  • 1W winners are : Winners for past week are $OMAB 12.4%, $FDX 9.4%, $PAC 8.7%, $DLNG 8.5%, $FWRD 8.2%
  • 1W losers are : Losers for past week are $ZTO -3.4%, $UPS -4.3%, $BEST -4.8%, $AZUL -9.4%, $ODFL -50.7%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 11.6%, for the past 3 months is 10.3%

In the past month for a 5 days rolling window, the highest corrrelation is 20.1%, the lowest correlation is 0.4%, the latest correlation is 17.2%

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 86.2% between CMRE and DAC

The lowest correlation is -53.4% between ASC and EDRY

Stock news

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    Higher selling, general and administrative expenses are pushing up operating expenses and pose a threat to ZTO Express' (ZTO) bottom line.

    JACKSONVILLE, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release first quarter financial and operating results after the market close on Wednesday, April 17, 2024. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time. Those interested in participating via teleconference may dial 1-888-510-2008. Callers outside the U.S. may dial 1-646-960-0306. Participants should dial in 10 minutes prior to the ca

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