Aggregated price index with volume information
Summary:
- Consumer Non-Durables stocks up 0.5% on average while median return up 0.1% in a day
- Consumer Non-Durables stocks up 2.9% on average while median return up 1.7% in a week
- Consumer Non-Durables stocks up 2.0% on average while median return up 1.7% 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 $BRFH 85.4%, $RCKY 32.9%, $WWW 30.3%, $KTB 19.9%, $LWAY 19.3%
- 1M losers are : Losers for past month are $HBI -13.8%, $DLTH -13.9%, $STKL -15.1%, $NATR -18.8%, $VNCE -46.8%
- 1W winners are : Winners for past week are $SGC 23.8%, $LWAY 22.8%, $WWW 21.9%, $BYND 20.8%, $JJSF 20.0%
- 1W losers are : Losers for past week are $STKL -6.8%, $FDP -6.9%, $VNCE -7.1%, $THS -8.3%, $NATR -18.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 16.2%, for the past 3 months is 11.5%
In the past month for a 5 days rolling window, the highest corrrelation is 41.4%, the lowest correlation is 2.7%, the latest correlation is 7.2%
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 98.9% between CENT and CENTA
The lowest correlation is -36.0% between BRID and ELF
Personal care company Nu Skin (NYSE:NUS) missed analysts' expectations in Q1 CY2024, with revenue down 13.3% year on year to $417.3 million. Next quarter's revenue guidance of $437.5 million also underwhelmed, coming in 3.7% below analysts' estimates. It made a non-GAAP profit of $0.09 per share, down from its profit of $0.37 per share in the same quarter last year.
OAKLAND, Calif., May 08, 2024--e.l.f. Beauty (NYSE: ELF) (the "Company") today announced that it will hold a webcast to discuss its fourth quarter fiscal 2024 results on Wednesday, May 22, 2024, at 4:30 p.m. Eastern Time. A press release detailing the Company’s results will be issued prior to the webcast, which will be hosted by Tarang Amin, Chairman and Chief Executive Officer, and Mandy Fields, Senior Vice President and Chief Financial Officer.
PROVO, Utah, May 08, 2024--Nu Skin Enterprises Inc. (NYSE: NUS) today announced first quarter results in line with guidance.
PARSIPPANY, N.J., May 08, 2024--B&G Foods, Inc. (NYSE: BGS) today announced financial results for the first quarter of 2024. Financial results for the first quarter of 2024 reflect the impact of the Green Giant U.S. shelf‑stable divestiture during the fourth quarter of 2023.
PROVO, Utah, May 08, 2024--Nu Skin Enterprises, Inc. (NYSE: NUS) today announced its board of directors has declared a quarterly cash dividend of $0.06 per share, which will be paid on June 12, 2024, to shareholders of record on May 31, 2024.
DULUTH, Ga., May 08, 2024--Delta Apparel, Inc., today announced financial results for its fiscal year 2024 second quarter ended March 30, 2024.
Primo Water Corporation (NYSE: PRMW; TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced the results of voting for directors at its annual and special meeting of shareowners held on May 8, 2024 (the "Meeting"). By a vote conducted by ballot, each of the nominees listed in the proxy statement dated March 28, 2024 was elected as a director of the Company at the Meeting. The detailed voting results are as follows:
Crocs, Inc. (NASDAQ:CROX) Q1 2024 Earnings Call Transcript May 7, 2024 Crocs, Inc. beats earnings expectations. Reported EPS is $2.5, expectations were $2.22. CROX 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 welcome to the Crocs, Inc. […]
Celsius Holdings, Inc. (NASDAQ:CELH) Q1 2024 Earnings Call Transcript May 7, 2024 Celsius Holdings, Inc. beats earnings expectations. Reported EPS is $0.273, expectations were $0.2. CELH 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. My name is [Elli] […]
American Eagle's (AEO) strategic efforts, including the Real Power Real Growth Plan, appear encouraging.