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CAT

Caterpillar (CAT), a global name · industrial cycle · measured against global industrial companies (EXI)

598.88+7.21% · last close, 9 Nov, against 6 Nov

Price, intraday and daily → the candlestick chart, by the minute or the day

Since the series began

Both start at 100 on 1 Jul: each close divided by that day’s close. 92 sessions to 9 Nov. A dot is a session that moved unusually.

Every unusual move

2 unusual moves in the 17 sessions checked since 16 Oct. A company moving normally makes one about once every 80 sessions.

4 Nov

at the closeUnusual move
591.30−32.64−5.23%

Caterpillar fell 5.2% on 4 Nov while global industrial companies fell 0.2%, about 2.6 times further than it usually moves against them, so the news from that day was fetched.

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What moved

A global name has no home currency, so its move is not split.

  • A large holding of its own benchmark (EXI), so the sector it is measured against partly contains it.

News from around the move

+18 more, from 16 outlets
How this is calculated
  • −2.6σ against global industrial companies (EXI): the close sat outside ±2.5σ of the residual over the last 60 trading days (σ = 1.98%).
  • A global name: its move is about the world rather than about America, and it has no home currency.
  • A global name has no home currency, so its move is not split.
  • Searched: "mining equipment" OR "industrial stocks" OR "manufacturing PMI". The economy query is asked on every country move. 46 headlines came back. Left out of the 46 headlines the search returned: 21 from outlets that generate pages from price or filing data, 2 that do not name their subject.
  • No company announcement was filed with the US regulator in the window (CIK 0000018230).
  • Every outlet is listed, never one headline: the query returns many outlets for one story, and choosing one would be ranking. Each item's own time decides whether it came before or after the close.
  • Links go via Google News. Fetched at the close and once more after the next close.
29 OctIndustrial cycleCAT−9.25%−6.7σ
647.39−65.99−9.25%

Caterpillar fell 9.3% on 29 Oct while global industrial companies rose 0.8%, about 6.7 times further than it usually moves against them, so the news from that day was fetched.

Show details

What moved

A global name has no home currency, so its move is not split.

  • A large holding of its own benchmark (EXI), so the sector it is measured against partly contains it.

News from around the move

+16 more, from 14 outlets

Company filing

  • 8-K

    • Item 2.02 · Results of Operations and Financial Condition
    • Item 7.01 · Regulation FD Disclosure
    • Item 9.01 · Financial Statements and Exhibits

    Form 8-K · 06:33 ET, before the close

How this is calculated
  • −6.7σ against global industrial companies (EXI): the close sat outside ±2.5σ of the residual over the last 60 trading days (σ = 1.49%).
  • A global name: its move is about the world rather than about America, and it has no home currency.
  • A global name has no home currency, so its move is not split.
  • Searched: "mining equipment" OR "industrial stocks" OR "manufacturing PMI". The economy query is asked on every country move. 37 headlines came back. Left out of the 37 headlines the search returned: 6 from outlets that generate pages from price or filing data, 10 that do not name their subject, 2 repeated.
  • Every outlet is listed, never one headline: the query returns many outlets for one story, and choosing one would be ranking. Each item's own time decides whether it came before or after the close.
  • Links go via Google News. Fetched at the close and once more after the next close.
How this is calculated
Price
Finnhub's live trades in US hours, one tick per second; the daily bar from one quote at 16:15 New York, with open, high, low and close but no volume.
Chart
Daily closes as stored, each divided by the close on 1 Jul and multiplied by 100, for CAT and EXI alike: the first session both have a close. It grows by a session each day.
Unusual
The move left after subtracting global industrial companies (EXI)'s, measured against the last 60 trading days (σ) and recomputed nightly. A close beyond 2.5σ is an unusual move; beyond 5σ, an extremely unusual one.
Sessions
Every session from 16 Oct has been checked. The bars begin earlier, backfilled from the same feed, but nothing before that date was tested, so the count does not reach back past it.
Currency
Where the European Central Bank publishes the country's exchange rate, the same day's rate separates the currency's move from the stock's; where it does not, the move says why.
News
Fetched because the move was unusual, never on a timer; every outlet that names the subject is kept, split at the close.