Aggregated price index with volume information
Summary:
- Electronics/Appliance Stores stocks down 0.2% on average while median return down 0.3% in a day
- Electronics/Appliance Stores stocks down 7.3% on average while median return down 8.4% in a week
- Electronics/Appliance Stores stocks down 2.2% on average while median return down 2.9% 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 $CONN 12.8%
- 1M losers are : Losers for past month are $GME -23.1%
- 1W winners are : Winners for past week are
- 1W losers are : Losers for past week are $GME -8.7%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 12.4%, for the past 3 months is 11.8%
In the past month for a 5 days rolling window, the highest corrrelation is 47.7%, the lowest correlation is -28.5%, the latest correlation is -11.0%
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 26.2% between GME and RCII
The lowest correlation is -13.5% between BBY and GME
Conn’s, Inc. (NASDAQ:CONN) Q4 2024 Earnings Call Transcript April 11, 2024 Conn’s, Inc. beats earnings expectations. Reported EPS is $-1.25, expectations were $-1.57. Conn’s, 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: Good morning and thank you for holding. […]
Three months after acquiring a rival home goods retailer, Conn’s is focusing on consumer financing as a revenue driver.
Conn's Inc reports a significant year-over-year revenue increase and strategic gains post-W.S. Badcock acquisition, despite mixed financial performance.
Q4 2024 Conn's Inc Earnings Call
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THE WOODLANDS, Texas, April 11, 2024 (GLOBE NEWSWIRE) -- Conn’s, Inc. (NASDAQ: CONN) (“Conn’s” or the “Company”), a specialty retailer of home goods, including furniture and mattresses, appliances, and consumer electronics, today announced its financial results for the quarter and year ended January 31, 2024. “Since completing the transformative transaction with W.S. Badcock ("Badcock") in December 2023, we have focused on successfully integrating the two organizations, aligning around a common
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