Aggregated price index
Aggregated price index with volume information
Summary:
- Apple Suppliers stocks up 0.8% on average while median return up 0.8% in a day
- Apple Suppliers stocks up 0.3% on average while median return up 0.3% in a week
- Apple Suppliers stocks down 3.2% on average while median return down 0.6% 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.
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 $WDC 15.9%, $ON 7.9%, $AMD 7.9%, $SNPS 7.7%, $NXPI 5.8%
- 1M losers are : Losers for past month are $INTC -9.8%, $AVGO -10.3%, $SWKS -11.1%, $NVDA -13.4%, $AXTI -15.5%
- 1W winners are : Winners for past week are $SNPS 12.1%, $ASML 3.7%, $QRVO 3.3%, $KLAC 3.2%, $LPL 3.0%
- 1W losers are : Losers for past week are $INTC -2.5%, $AXTI -3.0%, $SYNA -3.1%, $GLW -4.1%, $AVGO -9.7%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 66.8%, for the past 3 months is 64.4%
In the past month for a 5 days rolling window, the highest corrrelation is 83.9%, the lowest correlation is 55.9%, the latest correlation is 76.6%
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 97.1% between ACLS and KLAC
The lowest correlation is -58.3% between MCHP and NXPI
Stock news
Broadcom stock fell while VMware stock surged amid reports that the chipmaker and enterprise software maker will merge.
VMware shares rallied as Wall Street chimed in on reports that Broadcom is looking for a threepeat when it comes to software acquisitions.
(Bloomberg) -- Broadcom Inc. could announce an agreement to acquire cloud-computing company VMware Inc. as soon as this week, according to people familiar with the matter, setting up a blockbuster tech deal that would vault the chipmaker into a highly specialized area of software.Most Read from BloombergBroadcom in Talks to Acquire Cloud Company VMwareStocks Climb in Risk-On Day While Bonds Decline: Markets WrapBiden Misspeaks on Taiwan, Says US Military Would InterveneWalmart’s Troubles Should
U.S. stocks ended higher on Monday as gains from banks and a rebound in market-leading tech shares supported a broad-based rally following Wall Street's longest streak of weekly declines since the dotcom bust more than 20 years ago. Interest rate-sensitive banks jumped 5.1% after the largest U.S. lender, JPMorgan Chase & Co raised its current year interest income outlook.
CHANDLER, Ariz., May 23, 2022 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the 50th Annual JP Morgan Global Technology, Media and Communications Conference on Wednesday, May 25 at 10:40 a.m. (Eastern Time). Presenting for the Company will be Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation
Siga Technologies stock is down amid concerns over Monkeypox, JPMorgan stock soars after forecasting its goal of 17% return on tangible equity, and VMware stock jumps on reports of Broadcom talks.
AUSTIN, Texas, May 23, 2022--Cirrus Logic, Inc. (Nasdaq: CRUS) today announced that the company will be presenting at the following investor conferences:
In this article, we will discuss 10 trending stocks to watch on Monday. To take a look at some more stocks that are trending, go to 5 Trending Stocks to Watch on Monday. US stocks are recovering after closing in the red for the last seven consecutive weeks. Investors have factored in the recent volatility […]
Sound Planning Group CEO David Stryzewski weighs in on today's market action and explains why he's not bullish on the stocks continuing to bounce back.
Over the last two years, Nvidia (NVDA) has made a habit of delivering “beat and raise” earnings reports. With the chip giant reporting F1Q21’s financials after the close on Wednesday, May 25, are investors in for another treat? Not according to Susquehanna’s Christopher Rolland. “Unlike recent quarters,” said the 5-star analyst, “we believe any significant beat and raise may be capped by Gaming headwinds.” So, what are these headwinds constraining Nvidia’s biggest breadwinner? Well for one, reta