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5G Chips Stocks$152.07
-3.16%4:00PM 05/12/2021
The list of companies include QCOM-Qualcomm, Inc., SWKS-Skyworks Solutions, Inc.
Latest intraday update before market close @ 19:35:47 PM 05/12/2021
Summary :
Average return is down -3.5%
Median return is down -3.5%
0 out of 2 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • 5G Chips stocks down 3.2% on average while median return down 3.2% in a day
  • 5G Chips stocks down 7.4% on average while median return down 7.4% in a week
  • 5G Chips stocks down 11.8% on average while median return down 12.0% 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.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Days Since Channel Change
Channel Slope (daily rate %)
Half Channel Bandwidth
Distance to Channel MidPoint %
SWKS-3.1%
-7.1%
-14.6%
23.131.686.146.6180%27.6B2%79%32\/1460.2%6.9%-11.0%
QCOM-3.2%
-7.7%
-9.5%
18.390.6520.965.29277%145B2%78%35\/\73-0.2%6.8%0.9%

* 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.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are
  • 1M losers are : Losers for past month are $SWKS -14.6%
  • 1W winners are : Winners for past week are
  • 1W losers are : Losers for past week are $QCOM -7.7%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 77.8%, for the past 3 months is 85.4%

In the past month for a 5 days rolling window, the highest corrrelation is 97.9%, the lowest correlation is 12.9%, the latest correlation is 93.8%

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 77.8% between QCOM and SWKS

The lowest correlation is 77.8% between QCOM and SWKS

Stock news

    05/12/2021QCOM
    Top Research Reports for QUALCOMM, Applied Materials & General Motors

    Top Research Reports for QUALCOMM, Applied Materials & General Motors

    05/12/2021QCOM
    U.S. Agrees to Remove Xiaomi From Blacklist After Lawsuit

    (Bloomberg) -- Xiaomi Corp. and the U.S. government have reached an agreement to set aside a Trump administration blacklisting that could have restricted American investment in the Chinese smartphone maker.The Chinese smartphone giant had sued the government earlier this year, after the U.S. Defense Department under former President Donald Trump issued an order designating the firm as a Communist Chinese Military Company, which would have led to a de-listing from U.S. exchanges and deletion from...

    05/12/2021QCOM
    ON Semiconductor vs. Qualcomm: Which Semiconductor Stock Is A Better Pick?

    The semiconductor shortage is hitting companies across different sectors hard as chip demand outstrips supply. Yesterday, Reuters reported that technology companies including Apple (AAPL), Microsoft (MSFT), and Alphabet Inc. (GOOGL), who are also the largest chip buyers, have entered into an alliance with chip-makers like Intel (INTC) to form the Semiconductors in America Coalition and have asked for funding for the CHIPS for America Act from US lawmakers, while US President Biden has asked Cong...

    05/11/2021QCOM
    Is Apple Stock a Buy?

    In the eyes of some investors, Apple (NASDAQ: AAPL) may have lost its appeal as an investment. Apple management is now putting the vast resources it has accumulated to work and used its expertise to continue producing compelling products, manage new services, and develop new industries that still give investors plenty of reasons to buy Apple stock and never sell. The Apple Watch was introduced in 2015 and it has developed into an innovative product that can do incredible things, like collect h...

    05/10/2021QCOM
    Chip stocks slip into correction territory amid tech decline

    Chip stocks posted their worst day in two months Monday, falling into correction territory, as the tech sector retreated with the broader market trading.

    05/10/2021SWKS
    Were Hedge Funds Right About Skyworks Solutions (SWKS)?

    At Insider Monkey, we pore over the filings of nearly 887 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of December 31st. In this […]

    05/10/2021QCOM
    Why Qualcomm, Micron Technology, and Skyworks Solutions Fell Today

    Shares of Qualcomm (NASDAQ: QCOM), Micron Technology (NASDAQ: MU), and Skyworks Solutions (NASDAQ: SWKS) fell today after the world's largest contract chipmaker, Taiwan Semiconductor Manufacturing, reported a drop in its April revenue. Each of the tech stocks took a hit today as a result of the news, with Qualcomm down 6.3%, Micron tumbling 5.6%, and Skyworks sliding 4.8% as of 3:39 p.m. EDT.

    05/10/2021QCOM
    5G Stocks To Buy And Watch: Smartphones Rule Today But Enterprise Plays Will Kick In

    The best 5G stocks to invest in will change over time. The consumer smartphone market will evolve into broader 5G wireless enterprise opportunities.

    05/10/2021QCOM
    Qualcomm Drops on Report Apple Will Use Own Chips by 2023

    Apple's 5G chip is currently in development and could be used as soon as 2023, a media report says. Qualcomm shares are lower.