Aggregated price index with volume information
Summary:
- Law Enforcement Suppliers stocks up 0.5% on average while median return up 0.5% in a day
- Law Enforcement Suppliers stocks down 1.2% on average while median return down 1.5% in a week
- Law Enforcement Suppliers stocks up 4.4% on average while median return up 4.6% 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 $VTSI 26.3%
- 1M losers are : Losers for past month are $AMBA -17.0%
- 1W winners are : Winners for past week are $VTSI 4.5%
- 1W losers are : Losers for past week are $AMBA -7.5%
Correlation Analysis
Index correlation analysis
Correlation for the past month is -7.8%, for the past 3 months is 4.4%
In the past month for a 5 days rolling window, the highest corrrelation is 77.9%, the lowest correlation is -63.8%, the latest correlation is -29.1%
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 -7.8% between AMBA and VTSI
The lowest correlation is -7.8% between AMBA and VTSI
Here is how Textron (TXT) and VirTra, Inc. (VTSI) have performed compared to their sector so far this year.
Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?
CHANDLER, Ariz., April 18, 2024 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, today announced a $5.9 million order for prototypes to support the U.S. Army’s Integrated Visual Augmentation System (“IVAS”) program. This order represents an important continuation in VirTra’s engagement with the IVAS program. VirTra will recognize
In the closing of the recent trading day, VirTra, Inc. (VTSI) stood at $11.78, denoting a -2% change from the preceding trading day.
Ambarella, Inc. ( NASDAQ:AMBA ), is not the largest company out there, but it saw significant share price movement...
VirTra (VTSI) makes a strong case for investment in the Aerospace sector, given its solid growth prospects, backlog and improved debt position compared to its peers.
Ambarella's (AMBA) recently unveiled CV75S family of SoC brings advanced AI-based image processing to a wide range of price points, enhancing image quality for diverse applications.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
CV75S SoCs Add CVflow® 3.0 AI Engine, USB 3.2 Connectivity and Dual Arm® A76 CPUs for Significantly Higher Performance in Security Cameras, Video Conferencing and RoboticsSANTA CLARA, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced during the ISC West security expo, the continued expansion of its AI system-on-chip (SoC) portfolio with the 5nm CV75S family. These new SoCs provide the industry’s most power- and cost-effic
VirTra (VTSI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).