MARKET COMPOSITE
5G Suppliers Stocks28-01-2024 20:01:00 PM
Price
$106.54
+ 1.20%
The list of companies include
* Latest intraday update before market close @ 19:44:40 PM 05/28/2024
Summary
:
Average return is up 1.0%
Median return is up 1.0%
2 out of 2 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
NOK + 0.1%ERIC + 2.0%

Aggregated price index with volume information

Summary:

  • 5G Suppliers stocks up 1.2% on average while median return up 1.2% in a day
  • 5G Suppliers stocks up 2.5% on average while median return up 2.6% in a week
  • 5G Suppliers stocks up 10.1% on average while median return up 10.6% 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
Ticker
1d
7d
30d
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
ERIC1.9%
3.5%
15.3%
1.153.8648%18.4B10%73/-\/2260.0%
NOK0.5%
1.6%
6.0%
29.410.882.101.3321.7B7%59\/930.1%
* 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.
Detail Performance Summary
  • 1M winners are : Winners for past month are $ERIC 15.3%
  • 1M losers are : Losers for past month are
  • 1W winners are : Winners for past week are $ERIC 3.5%
  • 1W losers are : Losers for past week are
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 68.0%, for the past 3 months is 78.6%

In the past month for a 5 days rolling window, the highest corrrelation is 90.4%, the lowest correlation is -31.4%, the latest correlation is 90.3%

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 68.0% between ERIC and NOK

The lowest correlation is 68.0% between ERIC and NOK

Stock news

    Nokia CorporationStock Exchange Release28 May 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 28.05.2024 Espoo, Finland – On 28 May 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL372,4273.57CEUX--BATE--AQEU--TQEX--Total372,4273.57 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a s

    Ericsson (ERIC) joins forces with Qualcomm and Dronus to demonstrate a 5G mmWave powered drone for autonomous inventory applications in its USA smart factory.

    Press Release Nokia deploys fiber network in the heart of the Amazon rainforest with Global Fiber Peru New subaquatic optical, IP and XGS-PON fiber broadband network brings future-proof connectivity to the region, reducing the digital divide in 400 communities.The localities of Iquitos and Santa Rosa de Yaraví (Peru), Leticia (Colombia) and Tabatinga (Brazil) connected with fiber, bringing ultra-fast, multi-gigabit broadband services to over 500,000 people in the region for the first time. 28 Ma

    Nokia CorporationStock Exchange Release27 May 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 27.05.2024 Espoo, Finland – On 27 May 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL371,8893.55CEUX--BATE--AQEU--TQEX--Total371,8893.55 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a s

    Nokia CorporationStock Exchange Release24 May 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 24.05.2024 Espoo, Finland – On 24 May 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL362,1533.55CEUX--BATE--AQEU--TQEX--Total362,1533.55 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a s

    Ericsson (ERIC) partners with Dell to integrate their combined expertise to accelerate cloud network modernization and unlock growth opportunities for service providers.

    By leveraging Nokia's (NOK) platform, Orange aims to engage the global developer ecosystem and unlock advanced 5G network features across Europe.

    Nokia CorporationStock Exchange Release23 May 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 23.05.2024 Espoo, Finland – On 23 May 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL358,4743.61CEUX--BATE--AQEU--TQEX--Total358,4743.61 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a s

    Dell Technologies Inc (NYSE:DELL) shares are trading higher as AI-related stocks gained in sympathy with partner Nvidia Corp (NASDAQ:NVDA). Meanwhile, Dell and Ericsson (NASDAQ:ERIC) collaborated to combine their industry expertise with telecom software, solutions, and support, guiding communications service providers (CSPs) through their radio access network (RAN) cloud transformation journeys. CSPs aim for network cloud and operations transformation to improve economics and agility while maint

    Nokia (NOK) acquires a leading provider of tactical communication products, Fenix Group, to enhance commercial prospects in the defense industry.