Update: 10 Stocks Under 10 Dollars With Positive VIX Correlation

Update: 10 Stocks Under 10 Dollars With Positive VIX Correlation

Research  these Stocks on Kapitall’s Playground Now

 
research now

Last week we devised a list of positive VIX correlated stocks with market caps over $300 million and a price under $10.  We checked in on Monday at 2pm to see how they have changed.

(company, ticker, percent change)

1. MFA Financial, Inc. (MFA): 1.32%
2. Logitech International SA (LOGI):0.61%
3. ARMOUR Residential REIT, Inc. (ARR): 1.37%
4. Arena Pharmaceuticals, Inc. (ARNA): 8.28%
5. Anworth Mortgage Asset Corporation (ANH):0.59%
6. Charming Shoppes Inc. (CHRS):0.41%
7. Demand Media, Inc. (DMD): 1.88%
8. NPS Pharmaceuticals, Inc. (MPSP): -13.08%
9. SunOpta Inc. (STKL): -1.86%
10. Affymetrix Inc. (AFFX): 5.25%

In all 8 of the 10 of the stocks are up from last week. The total average return is 0.477%.

Given their positive correlation to the VIX index, and as the markets have continued to demonstrate fear and volatile movements, this shouldn’t come as too much of a surprise.

 

Interactive Chart: Use the Compar-O-Matic to compare analyst ratings for the stocks mentioned above:

Business Section: Investing Ideas

We ran the same screen and came up with the following new list. There are 14 names. You will notice that many are the same from last week’s list.

 

 

1. Affymetrix Inc. (AFFX, Earnings, Analysts, Financials): Engages in the development, manufacture, sale, and servicing of consumables and systems for genetic analysis in the life sciences and clinical healthcare markets. Market cap at $340.98M, most recent closing price at $4.84.Correlation with the VIX index at 0.524 over the last 60 days.

 

2. Anworth Mortgage Asset Corporation (ANH, Earnings, Analysts, Financials): Operates as a real estate investment trust (REIT) in the United States. Market cap at $932.89M, most recent closing price at $6.80.Correlation with the VIX index at 0.586 over the last 60 days.

 

3. Arena Pharmaceuticals, Inc. (ARNA, Earnings, Analysts, Financials): Focuses on discovering, developing, and commercializing oral drugs in the therapeutic areas of cardiovascular, central nervous system, inflammatory, and metabolic diseases. Market cap at $1.21B, most recent closing price at $6.62.Correlation with the VIX index at 0.839 over the last 60 days.

 

4. ARMOUR Residential REIT, Inc. (ARR, Earnings, Analysts, Financials): Market cap at $1.25B, most recent closing price at $7.05. Correlation with the VIX index at 0.715 over the last 60 days.

 

 

5. Charming Shoppes Inc. (CHRS, Earnings, Analysts, Financials): Operates as a specialty apparel retailer primarily for women in the United States. Market cap at $859.07M, most recent closing price at $7.35.Correlation with the VIX index at 0.769 over the last 60 days.

 

6. Cott Corporation (COT, Earnings, Analysts, Financials): Engages in the production and distribution of retailer brand beverages in North America and internationally. Market cap at $745.42M, most recent closing price at $7.83.Correlation with the VIX index at 0.781 over the last 60 days.

 

7. Demand Media, Inc. (DMD, Earnings, Analysts, Financials): Operates as a content and social media company in the United States. Market cap at $775.33M, most recent closing price at $9.24.Correlation with the VIX index at 0.735 over the last 60 days.

 

8. Kongzhong Corp. (KONG, Earnings, Analysts, Financials): Provides wireless interactive entertainment, media, and community services to mobile phone users in the People's Republic of China. Market cap at $320.35M, most recent closing price at $7.71.Correlation with the VIX index at 0.61 over the last 60 days.

 

9. LeapFrog Enterprises Inc. (LF, Earnings, Analysts, Financials): Provides technology-based learning platforms worldwide. Market cap at $667.4M, most recent closing price at $10.0.Correlation with the VIX index at 0.692 over the last 60 days.

 

10. Logitech International SA (LOGI, Earnings, Analysts, Financials): Designs, manufactures, and markets hardware and software products that enable digital navigation, music and video entertainment, gaming, social networking, audio, and video communication over the Internet, video security, and home-entertainment control. Market cap at $1.97B, most recent closing price at $10.28.Correlation with the VIX index at 0.701 over the last 60 days.

 

11. MFA Financial, Inc. (MFA, Earnings, Analysts, Financials): A real estate investment trust (REIT), primarily invests in mortgage-backed securities (MBS) that include hybrid and adjustable-rate MBS. Market cap at $2.75B, most recent closing price at $7.70.Correlation with the VIX index at 0.636 over the last 60 days.

 

12. NPS Pharmaceuticals, Inc. (NPSP, Earnings, Analysts, Financials): Engages in the development specialty therapeutics for gastrointestinal and endocrine disorders. Market cap at $611.66M, most recent closing price at $7.10.Correlation with the VIX index at 0.648 over the last 60 days.

 

13. Santarus, Inc. (SNTS, Earnings, Analysts, Financials): Engages in acquiring, developing, and commercializing proprietary products that address the needs of patients treated by physician specialists. Market cap at $429.5M, most recent closing price at $6.86.Correlation with the VIX index at 0.547 over the last 60 days.

 

14. SunOpta Inc. (STKL, Earnings, Analysts, Financials): Manufactures and markets natural, organic, and specialty foods and natural health products. Market cap at $394.14M, most recent closing price at $5.99.Correlation with the VIX index at 0.73 over the last 60 days.

 

 

(Written by Ryan Horch. List compiled by Rebecca Lipman.)

 

Use Kapitall's Tools: Looking for ways to analyze this list?

Use this article snapshot as a launch pad (click here for help): Simply click on the links, and use Kapitall's tab navigation to browse through the data…

 

Analyze These Ideas: Getting Started

Dig Deeper: Access Company Snapshots, Charts, Filings

New to Kapitall?

1. New to the site? Click here to register for a free account, and gain access to more tools and data
2. Looking for more investing ideas like this? Click here to sign up for your free copy of Kapitall Weekly
3. Follow us on SeekingAlpha, Motley Fool, Nasdaq and Twitter
ABOUT KAPITALL WIRE

Kapitall Wire, which is not a broker/dealer, offers free cutting edge investing ideas, lively commentary and timely analysis of companies enhanced by interactive tools. And the Investing 101 section breaks complex concepts down to their basics, offering education to novices that doubles as a refresher course for more seasoned investors.

Kapitall Wire is a division of Kapitall Inc. Securities products and services are offered by Kapitall Generation, LLC, member FINRA/SIPC . Kapitall Generation, LLC is a wholly owned subsidiary of Kapitall, Inc.

 

stockstarsbanners640x1362jpg

Leave a Reply

Your email address will not be published. Required fields are marked *

wirebanner1jpg
  • See Most Recent Articles