Aggregated price index
Aggregated price index with volume information
Summary:
- 5G Chips stocks down 0.2% on average while median return down 0.2% in a day
- 5G Chips stocks down 0.5% on average while median return down 0.5% in a week
- 5G Chips stocks down 8.2% on average while median return down 5.8% in a month
- When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.
Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.
Click on + to show price series and click on ticker for stock detail page
* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.
* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.
* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.
- 1M winners are : Winners for past month are
- 1M losers are : Losers for past month are $SWKS -11.1%
- 1W winners are : Winners for past week are $SWKS 0.3%
- 1W losers are : Losers for past week are $QCOM -1.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 79.7%, for the past 3 months is 84.1%
In the past month for a 5 days rolling window, the highest corrrelation is 97.9%, the lowest correlation is 10.9%, the latest correlation is 95.6%
When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.
Among pairwise correlation, the highest correlation is 79.7% between QCOM and SWKS
The lowest correlation is 79.7% between QCOM and SWKS
Stock news
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Qualcomm (QCOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Qualcomm’s chief sustainability officer Angela Baker on how companies can view going “digital” as a way not only toward growth, as laid out in a recent report, but also toward establishing and meeting environmental, social and governance goals.
(Bloomberg) -- President Joe Biden called the U.S-South Korea alliance “a lynchpin of peace, stability, and prosperity” during a visit Friday to a Samsung Electronics Co. semiconductor complex as he seeks to bolster supply chains that reduce reliance on China.Most Read from BloombergOne of the World’s Frothiest Housing Markets Turned Into a Seller’s Headache OvernightElon Musk Gets Defensive Over Twitter Meme as Harassment Report SurfacesStocks Avert Bear Market, Slide for Seventh Week: Markets
Advanced Micro Devices (NASDAQ: AMD) and Qualcomm (NASDAQ: QCOM) both saw their stock prices surge to all-time highs last year, but both semiconductor plays have stumbled in recent months as rising interest rates drove investors out of tech stocks and into more conservative investments. AMD and Qualcomm are both "fabless" chipmakers, meaning they outsource the production of their chips to third-party foundries. It trails behind Intel and Nvidia in CPUs and GPUs, respectively, but it doesn't fa...