[pcabc]

Could someone explain to me very high SCTR rank (93) of Footwear industry?

Few weeks ago it was one of the laggards, bottom of the list (SCTR rank of 3-14). Suddenly it jumped to top of the list in a matter of 1-2 weeks. I checked component stocks (charts and returns) but I can't see any reason for that.

EDIT: Ok, I looked at the wrong period. The reason is that top leaders like NIKE, DECKERS and CROX jumped by 20%. Still the impact on the SCTR rank seems huge.

How many companies make up that industry, and if market cpa ranked what are their relative sizes?  It could be that the three you mention about make up 90% of the market cap which would probally explain the situation.