Aggregated price index with volume information
Summary:
- 3D Printing stocks down 1.1% on average while median return down 1.2% in a day
- 3D Printing stocks down 7.9% on average while median return down 6.6% in a week
- 3D Printing stocks down 6.8% on average while median return down 10.8% 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 $SSYS -14.6%, $DDD -21.9%
- 1W winners are : Winners for past week are
- 1W losers are : Losers for past week are $SSYS -8.0%, $DDD -16.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 21.1%, for the past 3 months is 22.8%
In the past month for a 5 days rolling window, the highest corrrelation is 49.8%, the lowest correlation is -7.2%, the latest correlation is 49.5%
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 77.0% between DDD and SSYS
The lowest correlation is -37.4% between RGR and VJET
EDEN PRAIRIE, Minn. & REHOVOT, Israel, April 17, 2024--In a bold move that redefines the future of personalized fashion and sustainability, Stratasys Ltd. (NASDAQ: SSYS) today announced the launch of its Direct-to-Garment (D2G) solution for the J850 TechStyle™ printer, the newest offering in the Stratasys 3DFashion™ direct-to-textile printing technology. The first example of its application is an Urban Tattoo denim collection which will be revealed at the Texprocess exhibition in Frankfurt, Germ
Stratasys (SSYS) enters into an agreement with Select Additive to be the latter's sole partner in delivering polymer additive manufacturing solutions.
It can produce patient-specific cranial implants with up to 85% less material.
3D Systems (DDD) receives 510(k) clearance for its innovative 3D-printed, patient-specific cranial implant solution, the VSP PEEK Cranial Implant, from the FDA.
EDEN PRAIRIE, Minn. & REHOVOT, Israel, April 16, 2024--Stratasys Ltd. (NASDAQ: SSYS) announced today that it has entered into an agreement to be the exclusive polymer 3D printing partner of Select Additive Technologies, a division of Morris Group, Inc, which is one of the largest importers and distributors of machine tools in the United States.
Core Molding Technologies (CMT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Dividend-paying stocks are often sought after for their potential to provide investors with a consistent stream of income. However, the stability of these dividends is paramount; companies like Sturm Ruger, which have experienced significant cuts in their dividends, raise concerns about the reliability of their payouts. Such fluctuations can signal underlying financial difficulties or a lack of commitment to returning value to shareholders, making it crucial for investors to tread carefully...
Sonoco (SON) signs a 140-megawatt VPPA with ENGIE.
VSP PEEK Cranial Implant The VSP PEEK Cranial Implant is the first FDA-cleared, additively manufactured PEEK implant intended for cranioplasty procedures to restore defects in the skull. FDA clearance enables wide-spread adoption of 3D Systems self-contained, cleanroom environment-based printing system, the EXT 220 MED, with medical-grade PEEK materials to deliver patient-specific cranial reconstruction solutions3D-printed PEEK implants using the EXT 220 MED successfully demonstrated in nearly 4
H&E Equipment (HEES) signs a deal to acquire Lewistown Rental and affiliated companies to boost its portfolio.