Aggregated price index with volume information
- 5G Chips stocks up 0.4% on average while median return up 0.4% in a day
- 5G Chips stocks up 3.9% on average while median return up 3.9% in a week
- 5G Chips stocks up 11.1% on average while median return up 9.1% 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.
- 1M winners are : Winners for past month are $QCOM 9.4%
- 1M losers are : Losers for past month are
- 1W winners are : Winners for past week are $SWKS 4.5%
- 1W losers are : Losers for past week are
Index correlation analysis
Correlation for the past month is 82.8%, for the past 3 months is 75.7%
In the past month for a 5 days rolling window, the highest corrrelation is 99.4%, the lowest correlation is 2.4%, the latest correlation is 29.0%
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 82.8% between QCOM and SWKS
The lowest correlation is 82.8% between QCOM and SWKS
With the Consumer Electronics Show (CES) kicking off next month, tech companies from around the world are excited to showcase their latest products. Despite the many tech advancements that will be highlighted, generative AI is likely to be the one that takes center stage. Bob O’Donnell, TECHnalysis Research President and Chief Analyst, joins Yahoo Finance Live and shares what he expects to see at CES. Although there are going to be startups leaving their mark in audio and video applications, O’D...
It's been just over a year since ChatGPT started to dominate headlines. The OpenAI platform introduced the world to generative AI, a type of AI that can be used in everyday functions. But what will 2024 bring? More AI. Bob O’Donnell, TECHnalysis Research President & Chief Analyst joins Yahoo Finance Live to discuss what the next wave of AI means for users, companies, and investors. Despite the craze over generative AI in the past year, O’Donnell says that not many people in the workforce have be...
In this article, we will be taking a look at the 12 best virtual reality stocks to buy heading into 2024. To skip our detailed analysis of the VR market, you can go directly to see the 5 Best Virtual Reality Stocks To Buy Heading into 2024. What is Virtual Reality (VR)? Virtual reality is a […]
From the investor standpoint, devices can serve as another source of stock gains. Given its widespread recognition and leadership in the device industry, many will turn to Apple. For those looking for alternatives, Qualcomm (NASDAQ: QCOM), CrowdStrike (NASDAQ: CRWD), and Broadcom (NASDAQ: AVGO) could be unexpected options that could serve your portfolio well.
Coty, Qualcomm and Marvell all shined in November, and now, as we enter December, we've got our eyes on two Bullpen names and the potential for some market 'digestion.'
Qualcomm (QCOM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
In this article, we will take a look at the 30 countries with best drivers and stringent traffic laws. If you want to skip our detailed analysis, you can go directly to 5 Countries With Best Drivers and Stringent Traffic Laws. According to a report by the Centers for Disease Control and Prevention, 1.35 million […]
NORTHAMPTON, MA / ACCESSWIRE / November 30, 2023 / The University of Kentucky College of Education, the Southeast South-Central Educational Cooperative, Project Tomorrow and four K-12 school districts have collaborated to support enhanced STEAM learning ...
Insight into Elfun Trusts (Trades, Portfolio)' Latest Investment Moves and Portfolio Adjustments
One aspect of our investment thesis behind United Rentals and Vulcan Materials was confirmed by earnings and guidance from Construction Partners . Construction Partners' backlog rose to $1.6 billion exiting September, underpinning its revenue guidance of $1.75 billion-$1.825 billion over the next 12 months compared to $1.56 billion over the trailing 12 months. Also lending a hand to URI and VMC is the fall in Treasury yields -- and the impact that is having on mortgage rates and the SPDR S&...