MARKET COMPOSITE
5G Suppliers Stocks26-00-2024 20:00:00 PM
Price
$115.25
+ 1.20%
The list of companies include
* Latest intraday update before market close @ 19:45:35 PM 07/26/2024
Summary
:
Average return is up 1.2%
Median return is up 1.2%
2 out of 2 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
NOK + 0.1%ERIC + 2.2%

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 3.5% on average while median return up 3.5% in a week
  • 5G Suppliers stocks up 6.7% on average while median return up 7.9% 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 %)
ERIC2.1%
1.8%
11.1%
1.153.8648%20.6B10%61/-\/2350.1%
NOK0.3%
5.2%
4.6%
49.680.882.101.3321.6B7%52\/1020.1%
* 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 11.1%
  • 1M losers are : Losers for past month are
  • 1W winners are : Winners for past week are $NOK 5.2%
  • 1W losers are : Losers for past week are
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 40.0%, for the past 3 months is 58.9%

In the past month for a 5 days rolling window, the highest corrrelation is 88.4%, the lowest correlation is 18.3%, the latest correlation is 40.8%

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 40.0% between ERIC and NOK

The lowest correlation is 40.0% between ERIC and NOK

Stock news

    Nokia CorporationStock Exchange Release26 July 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 26.07.2024 Espoo, Finland – On 26 July 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*XHEL1,385,6613.53CEUX739,5173.54BATE--AQEU--TQEX--Total2,125,1783.54 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is

    Nokia CorporationStock Exchange Release25 July 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 25.07.2024 Espoo, Finland – On 25 July 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*XHEL1,856,6313.47CEUX800,0003.45BATE--AQEU82,9623.42TQEX150,0003.43Total2,889,5933.46 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board

    Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has announced the launch of intelligent SIP capabilities for SIP Trunking customers. With just a few clicks, developers and enterprises can easily deploy elastic SIP trunks globally, and access rich, AI-powered voice engagement solutions via pre-built code and low-code/no-code applications.

    Nokia CorporationStock Exchange Release24 July 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 24.07.2024 Espoo, Finland – On 24 July 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*XHEL1,464,9593.40CEUX832,3743.40BATE--AQEU--TQEX--Total2,297,3333.40 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is

    Nokia (NOK) extends collaboration with eir to bolster Ireland's telecom infrastructure.

    Nokia CorporationManagers’ transactions24 July 2024 at 10:00 EESTNokia Corporation - Managers' transactions (Martikainen) Transaction notification under Article 19 of EU Market Abuse Regulation.____________________________________________Person subject to the notification requirementName: Martikainen, Piia SusannaPosition: Closely associated person (1): Person Discharging Managerial Responsibilities In IssuerName: Uitto, TommiPosition: Other senior manager Issuer: Nokia CorporationLEI: 549300A0J

    Nokia CorporationManagers’ transactions24 July 2024 at 10:00 EESTNokia Corporation - Managers' transactions (Uitto) Transaction notification under Article 19 of EU Market Abuse Regulation.____________________________________________Person subject to the notification requirementName: Uitto, Tommi Position: Other senior manager Issuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06Notification type: INITIAL NOTIFICATIONReference number: 70708/5/4____________________________________________ Transaction

    Gain insight on U.S. electricity demand, UPS, Spotify, and more in the latest Market Talks covering Technology, Media and Telecom.

    Nokia CorporationStock Exchange Release23 July 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 23.07.2024 Espoo, Finland – On 23 July 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*XHEL1,511,5183.44CEUX707,8453.44BATE--AQEU--TQEX--Total2,219,3633.44 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is

    Nokia (NOK) completes its first 5G non-standalone (NSA) Cloud RAN trial in India.