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5G Chips Stocks$156.56
-1.60%4:00PM 11/23/2020
The global 5G infrastructure market is poised to grow at a CAGR of 42.84% during a forecast period of 2019-2025. 5G will drive virtualization in 2019. ... Small cells are the key to the functionality of 5G networks because they provide the increased data capacity that 5G demands.
Latest intraday update before market close @ 19:45:00 PM 11/23/2020
Summary :
Average return is down -1.9%
Median return is down -1.9%
0 out of 2 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information


  • 5G Chips stocks down 1.6% on average while median return down 1.6% in a day
  • 5G Chips stocks down 3.6% on average while median return down 3.7% in a week
  • 5G Chips stocks up 1.7% on average while median return up 2.1% 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 is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes

Index Constituencies

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leak data

  • 1M winners are : Winners for past month are $QCOM 12.0%
  • 1M losers are : Losers for past month are $SWKS -7.8%
  • 1W winners are : Winners for past week are
  • 1W losers are : Losers for past week are $SWKS -3.8%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 87.8%, for the past 3 months is 82.2%

In the past month for a 5 days rolling window, the highest corrrelation is 98.5%, the lowest correlation is -10.2%, the latest correlation is 4.2%

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 87.8% between QCOM and SWKS

The lowest correlation is 87.8% between QCOM and SWKS

Stock news

    3 5G Stocks to Buy as the U.S. Military Tests the Waters

    5G stocks may be one of the next hot stock market trends to monitor in 2020 and beyond. In a recent article on The Wall Street Journal, investors could get an idea about how important the 5G network is not only for the future but for now. “The U.S. military is preparing to fight on a new battlefield: the 5G networks going up around the world,” according to the article. “The Pentagon is testing how lightning-fast 5G networks could transform warfare, from training and logistics to mission planning...

    Where Will Skyworks Solutions Be in 5 Years?

    5G mobile will provide a big growth cycle, but don't discount the rest of the connectivity chip portfolio.

    Samsung Intensifies Chip Wars With Bet It Can Catch TSMC by 2022

    (Bloomberg) -- Samsung Electronics Co. is pouring $116 billion into its next-generation chip business that includes fabricating silicon for external clients, betting it can finally close the gap on industry leader Taiwan Semiconductor Manufacturing Co. as soon as two years from now.South Korea’s biggest company will mass-produce 3-nanometer chips in 2022, a senior executive at its foundry division told attendees at an invite-only event last month. That target, which hasn’t previously been report...

    3 5G Stocks That Also Pay Rock-Solid Dividends

    Ericsson and two other tech companies will pay investors decent dividends as they patiently wait for the 5G market to expand.

    DISH (DISH) Partners With Qualcomm to Strengthen 5G Offering

    DISH Network (DISH) recently partnered with Qualcomm to develop open and virtualized RAN 5G solutions, enabled by the latter's 5G RAN Platforms.

    Qualcomm (QCOM) to Spur O-RAN 5G Deployment With DISH Tie-Up

    Qualcomm (QCOM) to partner with DISH to accelerate the deployment and commercialization of first O-RAN Compliant 5G Network across the United States.

    Why Qualcomm and DISH Network Stocks Jumped on Wednesday

    Shares of Qualcomm (NASDAQ: QCOM) stock were trading higher on Wednesday, up by about 5% as of 2:30 p.m. EDT. The semiconductor company's gain followed news that it's partnering with DISH Network (NASDAQ: DISH) to help the satellite TV company build a 5G network. DISH stock similarly gained about 4.5%.

    Dish enlists Qualcomm as partner to build out 5G network

    U.S. satellite TV provider Dish Network has signed up Qualcomm as its latest partner in efforts to build its 5G network using open and cloud-based platforms by 2023, it said on Wednesday. Dish is building its U.S. network using a new technology called Open Radio Access Network (RAN), which uses software to run network functions on the cloud, thereby reducing the need for physical equipment. The company plans to use Qualcomm's 5G RAN platforms through its network vendors and device partners.