Aggregated price index with volume information
Summary:
- Hotels/Resorts/Cruiselines stocks down 0.1% on average while median return down 0.3% in a day
- Hotels/Resorts/Cruiselines stocks up 3.1% on average while median return up 2.8% in a week
- Hotels/Resorts/Cruiselines stocks down 3.5% on average while median return down 4.4% 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 $HTHT 2.8%, $MSC 2.4%, $TH 1.6%, $RCL 0.4%
- 1M losers are : Losers for past month are $GHG -8.5%, $MTN -9.0%, $CZR -10.9%, $CUK -10.9%, $CCL -10.9%
- 1W winners are : Winners for past week are $WH 8.7%, $RCL 7.7%, $CUK 7.2%, $CCL 7.1%, $NCLH 6.5%
- 1W losers are : Losers for past week are $MTN -6.8%, $MSC -9.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 29.8%, for the past 3 months is 24.5%
In the past month for a 5 days rolling window, the highest corrrelation is 50.6%, the lowest correlation is -2.0%, the latest correlation is 23.4%
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 99.0% between CCL and CUK
The lowest correlation is -49.2% between IHG and MSC
MACAU, April 25, 2024 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC), a world-class integrated resort located in Cotai, Macau, today announces that it will release its unaudited financial results for the first quarter of 2024 on Tuesday, April 30, 2024. Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Studio City Inter
CHICAGO, April 24, 2024--Hyatt Hotels Corporation (NYSE: H) announces that World of Hyatt is offering members new access to earn and redeem at a collection of more than 700 boutique and luxury hotels and villas around the globe with Mr & Mrs Smith, the luxury travel platform Hyatt acquired in 2023, now available for booking today. From glamping stays and boutique wellness retreats to grand palazzos, world-class ski resorts and more, members can earn and redeem World of Hyatt points in hundreds o
Hyatt has begun letting members of its loyalty program earn and redeem points at about 700 boutique and luxury hotels via Mr & Mrs Smith, a service that curates boutique properties.
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LONDON, UK / ACCESSWIRE / April 24, 2024 / The Company announces that on 23 April 2024 it purchased the following number of its ordinary shares of 20340/399 pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance ...
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LONDON, UK / ACCESSWIRE / April 23, 2024 / The Company announces that on 22 April 2024 it purchased the following number of its ordinary shares of 20340/399 pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance ...
The world's largest hotel group has had its carbon reduction plans approved by the world’s main verifier of corporate climate targets. Marriott follows Accor, Hilton, and IHG in having SBTi verify its plans.