Jupiter, FL – A new trading indicator, Sigma, developed by Four Sigma Trading shows companies in education services were outperforming all other groups recently. Sigma shows how normal the current stock price is by measuring the standard deviation of the recent stock price movements. The sigma indicator, developed by
In this dark and gloomy time in the market, every industry currently has a negative sigma on average although there are still some bright spots that are worth looking into. Education services contains companies like Capella Education Company, Apollo Group, and DeVry, Inc., which have all jumped to positive territory as of late.
Why are these stocks performing well? It seems the education market might be counter-cyclical to unemployment rates as more adults may be enhancing their skills in a weak job market.
“If you average all of the sigmas in the market right now, you get an average of -2.55 which is incredibly low,” says
Stocks making high Sigmas could be takeover targets, launching new products, or gaining attention from some larger players in the market. Either way, high Sigmas are flagged by Four Sigma Trading for further investigation. Find out more at FourSigmaTrading.com or read the Four Sigma Trading blog at foursigma.blogspot.com.
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