Aggregated price index
Aggregated price index with volume information
Summary:
- Apple Suppliers stocks down 1.7% on average while median return down 1.6% in a day
- Apple Suppliers stocks down 3.3% on average while median return down 3.5% in a week
- Apple Suppliers stocks down 15.2% on average while median return down 12.9% 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.
Click on + to show price series and click on ticker for stock detail page
* 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.
- 1M winners are : Winners for past month are $CYBE 1.0%
- 1M losers are : Losers for past month are $ICHR -21.2%, $AXTI -22.0%, $WDC -23.0%, $AMD -25.3%, $LPL -28.7%
- 1W winners are : Winners for past week are $ACLS 5.6%, $JBL 2.6%, $DIOD 2.6%, $AMPH 2.0%, $SNPS 0.7%
- 1W losers are : Losers for past week are $TSM -7.2%, $STX -7.9%, $CRUS -8.9%, $SWKS -9.6%, $LPL -11.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 60.2%, for the past 3 months is 63.3%
In the past month for a 5 days rolling window, the highest corrrelation is 82.9%, the lowest correlation is 2.9%, the latest correlation is 65.4%
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 94.5% between AMAT and ASML
The lowest correlation is -45.4% between IIVI and MU
Stock news
(Bloomberg) -- Intel Corp. has filed for an initial public offering of its self-driving technology business, Mobileye Global Inc., braving the worst market for new US listings since the Financial Crisis more than a decade ago. The company didn’t disclose terms of the planned share sale in its filing Friday with the US Securities and Exchange Commission. Mobileye will continue to be controlled by Intel after the IPO, according to the filing.If the listing goes ahead this year, it could be one of
Intel did not reveal how much stake it will retain in the unit when it goes public, but the chip giant has previously said it will retain a majority stake. The filing comes when investor interest in IPOs has waned significantly due to recent stock market volatility fueled by aggressive rate hikes by global central banks and geopolitical tensions. The move to list Mobileye is part of Intel's broader strategy under Chief Executive Officer Pat Gelsinger to turn around its core business.
Intel did not reveal how much stake it will retain in the unit when it goes public, but the chip giant has previously said it will retain a majority stake. The filing comes when investor interest in IPOs has waned significantly due to recent stock market volatility fueled by aggressive rate hikes by global central banks and geopolitical tensions. The move to list Mobileye is part of Intel's broader strategy under Chief Executive Officer Pat Gelsinger to turn around its core business.
A quick glance at the iShares Semiconductor ETF, which has lost 40% of its value this year, shows the extent of the damage. Shifting consumer spending patterns are leading to lower demand for chips used in personal computers and electronics, while supply chain disruptions are making it difficult to produce enough of the products that remain in high demand. Advanced Micro Devices (NASDAQ: AMD) hasn't been spared from the wreckage.
Yahoo Finance Live's Seana Smith looks at several stocks trending in the after-hours trading session.
Semiconductor stocks have tumbled in recent months amid flagging demand, with the S&P Semiconductors Select Industry Index dropping 36% year to date. Bank of America analysts recently discussed their favorite choices in the sector.
Semiconductor equipment stocks struggled Friday after memory-chip maker Micron slashed its planned spending on new chip gear.
Cadence Design Systems and Synopsys should benefit from continued strong demand for their chip design tools for years to come, an analyst says.
Micron Technology Inc. shares rose Friday after analysts agreed the forecast from the memory chip maker was not good but had different ideas about when oversupply in the market could be worked out of the system.
The stock market continued its decline after a key inflation report rose. Nike plunged after reporting excess inventory.