Positive & Negative Skew Stocks
through August 12, 2022

These are stocks that are listed on the US exchanges, common stocks, that have a significant skew to their daily price returns. This means these stocks do not have a normal price distribution. The skew values to make this list are Positive > 5.5 and Negative < -5.5.

We notice that there are more skewed stocks in the smaller number of negative net income we analyze. We wonder what makes the stocks of companies with negative net income be skewed more often than those with positive net income and positive cash flow?

Also, the range of skews is larger in stocks of unprofitable companies, even though there are fewer of them. 

Positive Net Income & Positive Cash Flow from Operations

Maximum and Minimum Skew values found:  13.669 and -10.613


The positive skew stocks are:  
 ['BRG', 'CNVY', 'ENOV', 'FHN', 'MCHP', 'NERV', 'PZN', 'ROG', 'SJI', 'SMED', 'SMLR', 'STR', 'USAK', 'Y']


The negative skew stocks are:  
 ['AVIR', 'CHGG', 'FF', 'HLLY', 'MASI', 'POST', 'TIG', 'UVE', 'ZWS']

Negative Net Income

Max and Min skew values:  14.3 and -14.3


The positive skew stocks are:  
 ['AADI', 'APDN', 'BCEL', 'BHVN', 'BIOL', 'CBIO', 'CCXI', 'CLRB', 'CTEK', 'DAWN', 'GETY', 'GNPX', 'KRYS', 'LJPC', 'LWLG', 'NKTX', 'NUZE', 'NVTA', 'PHIO', 'PHUN', 'PLRX', 'PPSI', 'SEAC', 'SNDL', 'SRG', 'STAF', 'TEN', 'TXMD', 'VERU', 'VRPX', 'XENE']


The negative skew stocks are:  
 ['AKBA', 'ALGS', 'ALLK', 'ATHA', 'AUTO', 'BBIO', 'BGI', 'CABA', 'CFRX', 'CMRX', 'CRMD', 'DCPH', 'DM', 'FBRX', 'FENC', 'FXLV', 'GATO', 'GBIO', 'HGEN', 'IOVA', 'KOD', 'MDXG', 'MEIP', 'MUX', 'NKTR', 'OLMA', 'PRAX', 'PRTY', 'QNCX', 'QTRX', 'RFL', 'RIGL', 'SPRO', 'VRCA']

From our R&D Dept:

A higher percentage of negative net income stocks have positive or negative skew.

Positive NI & CFFO stock have lower rates of positive or negative skewness.

— Chicago Quantum (@chicago_quantum) June 13, 2022