Aggregated price index with volume information
Summary:
- Commercial Banking stocks up 0.6% on average while median return up 0.7% in a day
- Commercial Banking stocks up 4.4% on average while median return up 1.4% in a week
- Commercial Banking stocks up 7.8% on average while median return up 5.4% 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 $FNGD 881.8%, $SUPV 40.0%, $NRGU 39.6%, $BBAR 38.3%, $BMA 31.3%
- 1M losers are : Losers for past month are $BOTJ -11.1%, $GLBZ -13.7%, $BNKD -24.9%, $TBBK -25.1%, $NRGD -29.8%
- 1W winners are : Winners for past week are $FNGD 914.4%, $CZFS 8.4%, $UBCP 6.9%, $FNLC 6.3%, $SAN 6.1%
- 1W losers are : Losers for past week are $FXNC -7.5%, $GLBZ -8.1%, $WF -8.6%, $KB -8.6%, $RMBI -9.2%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 33.1%, for the past 3 months is 32.5%
In the past month for a 5 days rolling window, the highest corrrelation is 40.8%, the lowest correlation is 1.4%, the latest correlation is 28.6%
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 97.9% between AMNB and AUB
The lowest correlation is -51.8% between ASRV and ATMP
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Citigroup (C) concluded the recent trading session at $62.75, signifying a +1.77% move from its prior day's close.
(Bloomberg) -- Citigroup Global Markets Holdings Inc. offered convertible bond investors a chance to get exposure to fashion and fine wine conglomerate LVMH Moet Hennessy Louis Vuitton SE with an unusual exchangeable note. Most Read from BloombergBiden Gains Ground Against Trump in Six Key States, Poll ShowsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleUsing Your Premium Credit Card May Cost More Af
The bank is informing employees this week of its largest round of reassignments and departures so far — changes CEO Jane Fraser said aim to put Citi "on the front foot."
LONDON, March 27, 2024--Citigroup Global Markets Holdings Inc. (the "Issuer") announces the offering of guaranteed cash-settled exchangeable bonds due April 2029 (the "Bonds") in an aggregate principal amount of minimum EUR 375,000,000 and maximum EUR 400,00,000. The Bonds are referable to ordinary shares (the "Shares") of LVMH Moet Hennessy Louis Vuitton (the "Company"). Exchange rights in respect of the Bonds will be cash-settled only.
(Bloomberg) -- A record delivery of lead into London Metal Exchange warehouses in Singapore has underscored the city state’s emergence as a dumping ground for surplus industrial metals as a global downturn in demand drags on.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleBiden Gains Ground Against Trump in Six Key States, Poll ShowsTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionVital Baltimore Bridge Collapses After Being St
Citigroup (C) announces the completion of major actions to simplify its operating structure and improve performance, which have been announced in September 2023.
INSW, SHG and QFIN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 25, 2023.
Zacks.com users have recently been watching Citigroup (C) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.