Aggregated price index with volume information
Summary:
- Food Retail stocks down -0.0% on average while median return down 0.5% in a day
- Food Retail stocks up 0.8% on average while median return up 1.6% in a week
- Food Retail stocks down 0.6% on average while median return down 0.7% 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 $SFM 3.1%, $WMK 0.8%, $CASY 0.4%
- 1M losers are : Losers for past month are $KR -0.9%, $GO -2.4%, $IMKTA -3.5%, $ACI -6.7%, $NGVC -9.8%
- 1W winners are : Winners for past week are $SFM 4.4%, $CASY 2.7%, $GO 2.7%, $VLGEA 1.9%, $WMT 1.6%
- 1W losers are : Losers for past week are $IMKTA -0.7%, $ACI -2.7%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 15.3%, for the past 3 months is 13.4%
In the past month for a 5 days rolling window, the highest corrrelation is 52.2%, the lowest correlation is -5.9%, the latest correlation is 21.6%
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 66.8% between IMKTA and WMK
The lowest correlation is -45.4% between GO and NAII
Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) today announced that the Company will release its second quarter fiscal year 2024 financial results after the market close on Thursday, May 9, 2024. Following the release via the wire services, the Company will host a conference call with financial analysts and investors at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time). To participate in the conference call, dial 1-888-347-6606 (U.S.); 1-855-669-9657 (Canada); or 1-412-902-4289 (Internatio
NationsBenefits members can now buy approved healthy groceries at the supermarket operator’s banners.
As part of its "Commitment to Crew", Natural Grocers® has pledged a portion of opening-day sales at its soon-to-be-relocated store in Warr Acres, Oklahoma to the Natural Grocers Heroes in Aprons Fund. The new location will open at 8:27 AM on Thursday, May 2 at 5903 Northwest Expressway, Warr Acres, OK 73132.
KR vs. WMT: Which Stock Is the Better Value Option?
In this article, we will be talking about 15 most affordable grocery stores in the US. If you do not want to learn about the market dynamics in the global grocery industry, head straight to the 5 Most Affordable Grocery Stores In the US. Emerging Trends and Market Dynamics in the Global Grocery Industry The […]
By Charlotte Salley Originally published by The Cool Down. BOISE, ID / ACCESSWIRE / April 25, 2024 / "Everybody has to eat. … Food's sort of the great equalizer." Suzanne Long, Chief Sustainability and Transformation Officer at Albertsons, is taking ...
Dividend Kings are hard to come by, but these five stocks offer investors some great passive income opportunities.
Walmart's stock has outperformed the S&P 500 over the last five years -- but not by much.
The Walmart-backed company provides consumers with cash back and other deals in exchange for their purchase data.
Walmart's Mexico and Central America unit posted a 14.4% year-on-year rise in first-quarter net profit on Wednesday, fueled by strong sales across its markets which it attributed partly to Mexicans' larger disposable income. Walmart de Mexico, the country's largest retailer, posted a net profit of 13.18 billion pesos ($797.5 million), above the average forecast of 12.93 billion pesos seen by analysts polled by LSEG.