Aggregated price index
Aggregated price index with volume information
Summary:
- The momentum of the sector is very strong.
- Apple Suppliers stocks down 0.6% on average while median return down 0.4% in a day
- Apple Suppliers stocks up 5.5% on average while median return up 4.3% in a week
- Apple Suppliers stocks up 19.2% on average while median return up 19.1% 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 44.3%, $NVDA 44.2%, $ACLS 39.4%, $AXTI 37.5%, $SYNA 36.1%
- 1M losers are : Losers for past month are $UCTT -0.1%
- 1W winners are : Winners for past week are $WDC 17.0%, $STX 16.2%, $STM 14.3%, $NVDA 14.1%, $MRVL 12.1%
- 1W losers are : Losers for past week are $JBL -2.8%, $KLAC -3.5%, $INTC -3.6%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 57.2%, for the past 3 months is 62.5%
In the past month for a 5 days rolling window, the highest corrrelation is 80.7%, the lowest correlation is 9.3%, the latest correlation is 69.8%
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 96.2% between AMAT and LRCX
The lowest correlation is 0.2% between JBL and LPL
Stock news
Intel shares dropped late Thursday after the chip maker reported a big miss for the fourth quarter and forecast a loss for the first quarter.
European chipmaker STMicroelectronics on Thursday beat expectations for earnings in the fourth quarter, thanks to car and factory demand.
Moor Insights & Strategy Founder, CEO and Chief Analyst Patrick Moorhead speaks with Yahoo Finance Live about Intel's latest quarterly results, why it was a disappointment, and the possible silver lining.
(Bloomberg) -- Intel Corp. slid in late trading after giving a dire forecast for the current period, hurt by sinking demand from PC customers and tough competition in the lucrative market for server hardware. Most Read from BloombergHindenburg vs Adani: The Short Seller Taking On Asia’s Richest PersonNYSE Mayhem Traced to a Staffer Who Left a Backup System RunningWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksFir
The once-booming chip industry has been hurt by flagging consumer appetite amid worries over possible recession.
Semiconductor equipment supplier KLA beat expectations for its fiscal second quarter but missed views with its outlook.
Seagate stock surged Thursday as the manufacturer of disk drives reported better than-expected results for its fiscal second quarter.
Yahoo Finance’s Jared Blikre joins the Live show to break down Intel’s latest earnings report.
ST. PETERSBURG, Fla., January 26, 2023--Today, Jabil Inc. (NYSE: JBL), announced that its Board of Directors declared a quarterly dividend of $0.08 per share of common stock to shareholders of record as of February 15, 2023. The dividend is payable on March 2, 2023.
Chipmaker Intel missed Wall Street's targets for sales and earnings in the fourth quarter. Intel stock tumbled on the news.