Aggregated price index with volume information
Summary:
- Personnel Services stocks up 3.7% on average while median return up -0.2% in a day
- Personnel Services stocks up 4.6% on average while median return up 0.4% in a week
- Personnel Services stocks up 10.1% on average while median return up 3.7% 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 $TSRI 74.4%, $APLD 73.2%, $PRFT 68.7%, $HSII 21.8%, $RCMT 15.2%
- 1M losers are : Losers for past month are $HSON -4.1%, $DLHC -4.6%, $MHH -5.1%, $CCRN -14.9%, $BGSF -23.2%
- 1W winners are : Winners for past week are $TSRI 69.4%, $APLD 25.1%, $HQI 11.3%, $HSII 8.3%, $RCMT 7.8%
- 1W losers are : Losers for past week are $KELYA -2.1%, $CCRN -2.4%, $HSON -3.1%, $DLHC -8.1%, $BGSF -8.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 8.1%, for the past 3 months is 16.2%
In the past month for a 5 days rolling window, the highest corrrelation is 52.6%, the lowest correlation is -2.2%, the latest correlation is -0.4%
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 70.4% between ASGN and KFY
The lowest correlation is -69.6% between BGSF and RCMT
RCMT, SHIP and FBP made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 17, 2024.
Investors remain optimistic about AMN Healthcare's (AMN) broad array of services.
INDIANAPOLIS & HAUPPAUGE, N.Y., May 15, 2024--Vienna Parent Corporation, a newly formed special purpose entity ("Vienna Parent") formed by Justin Christian, announced today that it has entered into a definitive agreement to acquire TSR, Inc. ("TSR") (NASDAQ: TSRI). Under the terms of the agreement, Vienna Acquisition Corporation, an affiliate and wholly-owned subsidiary of Vienna Parent ("Vienna Sub"), will commence a tender offer to purchase all of the outstanding shares of TSR for $13.40 per s
RCM Technologies (RCMT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
BOCA RATON, Fla., May 13, 2024--Cross Country Healthcare, Inc. (the "Company") (Nasdaq: CCRN) announced today that it is scheduled to participate in two upcoming conferences:
RCM Technologies, Inc. (NASDAQ:RCMT) Q1 2024 Earnings Call Transcript May 12, 2024 RCM Technologies, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, welcome to the RCM Technologies’ First Quarter Earnings Update. I will now turn the […]
LOS ANGELES, May 13, 2024--Creative Circle, a leading marketing and creative services firm, announced today that they have won ClearlyRated’s 2024 Client and Talent Awards for service excellence. This marks the Company’s sixth consecutive year winning the award on the talent side and the fourth consecutive year for clients.
AMN Healthcare Services, Inc. ( NYSE:AMN ) shareholders are probably feeling a little disappointed, since its shares...
AMN Healthcare Services, Inc. (NYSE:AMN) Q1 2024 Earnings Call Transcript May 9, 2024 AMN Healthcare Services, Inc. beats earnings expectations. Reported EPS is $0.97, expectations were $0.93. AMN isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and thank […]