MARKET COMPOSITE
Market TodayThemes and Stocks SummaryThematic Stock SearchDaily Refresh Schedule
5G Suppliers Stocks$147.72
-3.50%4:00PM 05/12/2021
The list of companies include
Latest intraday update before market close @ 19:42:54 PM 05/13/2021
Summary :
Average return is up 0.7%
Median return is up 0.7%
2 out of 2 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • 5G Suppliers stocks down 3.5% on average while median return down 3.5% in a day
  • 5G Suppliers stocks down 3.6% on average while median return down 3.6% in a week
  • 5G Suppliers stocks up 4.5% on average while median return up 3.3% 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 %
ERIC-2.4%
-5.3%
-7.3%
1.394.2848%39.8B10%37\/740.1%5.0%-6.6%
NOK-4.6%
-2.0%
13.9%
-9.960.912.101.3126.7B5%57\/-740.0%12.4%11.2%

* 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 $NOK 13.9%
  • 1M losers are : Losers for past month are $ERIC -7.3%
  • 1W winners are : Winners for past week are
  • 1W losers are : Losers for past week are $ERIC -5.3%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 43.5%, for the past 3 months is 50.1%

In the past month for a 5 days rolling window, the highest corrrelation is 98.5%, the lowest correlation is -28.5%, the latest correlation is 93.0%

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 43.5% between ERIC and NOK

The lowest correlation is 43.5% between ERIC and NOK

Stock news

    05/12/2021ERIC
    Ericsson (ERIC) Settles Nokia (NOK) Dispute, Q2 Cash Flow to be Hit

    Ericsson (ERIC) will pay settlement charges of 80 million euros as it aims to follow a zero-tolerance policy for corruption and build a culture of compliance.

    05/12/2021ERIC
    Nokia Will Receive $97M From Ericsson For 2019 Claim Settlement

    Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) has reached a settlement agreement with Nokia Oyj (NYSE: NOK) on a 2019 U.S. DOJ and SEC investigation into Ericsson’s violations of the U.S. Foreign Corrupt Practices Act (FCPA). The investigations were related to criminal charges of books, records, and internal controls violations of the FCPA and bribery. Ericsson will pay a penalty of $97 million (€80 million) for uncertainty, risk, and expense from the prolonged and complex litigation. The sett...

    05/12/2021ERIC
    TELUS and Ericsson accelerating commercial 5G applications with standards-based network slicing orchestration

    TELUS and Ericsson (NASDAQ: ERIC) have successfully conducted the first multi-vendor network slicing proof of concept in a lab environment based on 3GPP Release 16 and the Internet Engineering Task Force (IETF) Layer 3 NW Yang Model (L3NM). With the completion of this network slicing proof of concept, TELUS and Ericsson have successfully tested the maturity of standards and readiness of commercial products to meet the needs of enterprises and industry verticals.

    05/12/2021ERIC
    5G Catalyst Still in Play for Ericsson Stock

    Telecom equipment play Ericsson (ERIC) has been a solid performer over the past year. Last March, when markets tanked due to the outbreak of COVID-19, shares recovered in just a few months. As the 5G rollout helped to boost demand, the stock continued to climb. Now, after the stock soared from around $8 per share last April to around $13 per share today, can investors expect even higher prices ahead? Nothing is set in stone, but a price rise is definitely attainable. Ericsson continues to leave ...

    05/12/2021ERIC
    Mobile users unhappy with lack of dedicated 5G apps, services - Ericsson

    About 70% of users are dissatisfied with the apps and services bundled with their 5G plans, according to a study carried out by Ericsson ConsumerLab in 26 markets around the world and released on Wednesday. "While early adopters are pleased with 5G network speeds, they are already expressing dissatisfaction with a lack of bundled new and innovative apps and services, which they feel were promised in the marketing pitch for 5G," Ericsson said. Currently there are 1.3 billion smartphone users gl...

    05/12/2021ERIC
    Ericsson ConsumerLab: 5G already changing smartphone use behavior

    A new report by Ericsson (NASDAQ: ERIC) ConsumerLab highlights the impact that 5G is already having on smartphone users worldwide and what they expect the technology to deliver in the future. Indoor coverage is one of the focus areas to emerge from the consumer research, with one-in-five 5G users already reducing Wi-Fi use on their phones indoors because of the benefits of 5G mobile connectivity.

    05/12/2021NOK
    Nokia reaches 100 customers for its Quillion-based fixed broadband solutions

    Press Release Nokia reaches 100 customers for its Quillion-based fixed broadband solutions The Quillion chipset is so far being shipped in 40 countries100th customer win is celebrated one year after product launch Quillion is enabled for 25G PON and provides 50+% higher energy efficiency than previous generations 12 May 2021 Espoo, Finland – Nokia today announced it has reached the 100-customer milestone for the Quillion chipset-based broadband solutions used in next-generation fiber and copper ...

    05/12/2021ERIC
    Ericsson announces settlement with impact in second quarter 2021

    Ericsson (NASDAQ: ERIC) has reached an agreement with Nokia for settling a damages claim against Ericsson. The settlement relates to events that were the subject of a 2019 resolution with the U.S. Department of Justice (DOJ) and U.S. Securities and Exchange Commission (SEC) of investigations into Ericsson's violations of the U.S. Foreign Corrupt Practices Act (FCPA).

    05/12/2021NOK
    Nokia appoints David Mulholland as Head of Investor Relations

    Press Release Nokia appoints David Mulholland as Head of Investor Relations 12 May 2021 Espoo, Finland - Nokia today announces the appointment of David Mulholland as Head of Investor Relations. Currently Executive Director at UBS Global Research, David brings with him over a decade of experience as a research analyst and will start his new role at Nokia at the end of May 2021. Previously Head of European Technology Hardware Research, David led the bank’s coverage of the sector and companies incl...