Aggregated price index with volume information
- Wineries stocks down 1.0% on average while median return down 0.8% in a day
- Wineries stocks down 0.6% on average while median return down -0.0% in a week
- Wineries stocks down 5.7% on average while median return down 6.3% 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
- 1M losers are : Losers for past month are $DEO -11.8%
- 1W winners are : Winners for past week are $WVVI 0.4%
- 1W losers are : Losers for past week are $STZ -2.1%
Index correlation analysis
Correlation for the past month is 13.7%, for the past 3 months is 15.3%
In the past month for a 5 days rolling window, the highest corrrelation is 80.4%, the lowest correlation is -41.1%, the latest correlation is 64.2%
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 35.8% between STZ and WVVI
The lowest correlation is -13.5% between DEO and WVVI
In the closing of the recent trading day, Constellation Brands (STZ) stood at $240.31, denoting a -0.68% change from the preceding trading day.
In this article, we are going to discuss the 25 best-selling whiskey brands in the US. You can skip our detailed analysis of the global whiskey market, the rising popularity of flavored whiskey, and the new whiskey RTD in the market, and go directly to 10 Best Selling Whiskey Brands in the US. Whether it’s […]
VICTOR, N.Y., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its third quarter ended November 30, 2023, on Friday, January 5, 2024, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Executive Vice President and Chief Financial Officer, Garth Hankinson, at 10
NEW YORK, November 30, 2023--Diageo North America Earns Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index
This NFL season, Crown Royal, the first-ever whisky partner of the National Football League (NFL) has honored those who selflessly serve others as part of year three of their Kick Off with Crown (KOWC) campaign. For over a decade, Crown Royal has supported the military and like-minded charitable organizations by shining a spotlight on their service and giving back to them. This past Monday, the award-winning whisky brand continued this work by teaming up with NFL Legend, DeMarcus Ware and countr
VICTOR, N.Y., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the 2023 Morgan Stanley Global Consumer and Retail Conference on Tuesday, December 5, 2023 in New York, NY. The presentation is scheduled to begin at 1:30 p.m. ET and is expected to cover the company’s strategic business initiatives, financial m
The latest trading day saw Constellation Brands (STZ) settling at $237.99, representing a -0.16% change from its previous close.
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd...
In this article, we are going to discuss the 25 most popular tequila brands in the world. You can skip our detailed analysis of the global tequila market, the rising popularity of the tequila-based RTDs, and sustainability in the tequila industry, and go directly to 10 Most Popular Tequila Brands In The World. As a […]
Canopy Growth, Tilray Brands, Constellation Brands, Innovative Industrial Properties and Jazz Pharmaceuticals are part of the Zacks Market Edge blog.