MARKET COMPOSITE
Chinese Tech Stocks05-00-2023 21:00:00 PM
Price
$102.29
-1.07%
The list of companies include CALX-Calix Inc, CBAT-CBAK Energy Technology Inc, LKCO-Luokung Technology Corp, PBTS-Powerbridge Technologies Co Ltd, SEED-Origin Agritech Ltd., TAOP-Taoping Inc., TKAT-Takung Art Co Ltd, WAFU-Wah Fu Education Group Ltd
* Latest intraday update before market close @ 20:45:44 PM 12/05/2023
Summary
:
Average return is down -1.1%
Median return is down -1.2%
14 out of 50 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
LX -7.5%CAN -7.4%JKS -4.7%JT -4.6%FENG -4.3%DADA -4.2%SEED -4.2%CHIK -3.6%WB -3.4%YI -3.2%YRD -3.1%TAL -2.8%TCOM -2.1%

Aggregated price index with volume information

Summary:

  • Chinese Tech stocks down 1.1% on average while median return down 0.9% in a day
  • Chinese Tech stocks down 4.4% on average while median return down 4.7% in a week
  • Chinese Tech stocks up 1.5% on average while median return up -3.8% 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 %)
LEJU6.5%
0.8%
38.1%
0.920.3836%18.5M2%56/\101-0.6%
LKCO5.0%
-2.6%
-12.3%
10.8742.73314.7M1%4%40\103-0.4%
HUYA3.5%
5.9%
2.0%
-13.65182.50.390.368%312.5M116%55/\-404-0.0%
SOHU2.9%
0.5%
0.9%
-0.121.870.92289.1M46%50/\203-0.2%
UXIN2.6%
-7.9%
-23.5%
-0.28-3.79453.8M38%37/\165-0.2%
TOUR2.5%
-2.3%
4.0%
0.220.8310.3M15%43/\211-0.3%
CALX1.6%
3.2%
10.8%
57.462.058.514.572.6B5%81%56/-203-0.2%
CMCM1.5%
2.1%
5.1%
-11.180.080.2619.7M13%57/\At resistance102-0.2%
NIO1.5%
3.1%
-9.7%
-4.153349.872.713.3611.7B35%47\/\-203-0.2%
UCL1.3%
4.4%
56.6%
4.1788.1M0%56
QD1.1%
12.7%
0.6%
14.17-5.10.060.21285.7M32%53\-/-At support1090.0%
XPEV1.1%
-9.5%
-5.5%
65.534.3311.7B35%47/-\/1650.7%
PT0.9%
-2.6%
-0.4%
0.118M1%47/1640.2%
YY0.8%
-4.0%
-9.7%
-14.17413.160.922.321.7B89%35/\/2030.1%
PDD0.4%
3.2%
34.8%
32.4537.852.502.09196.4B29%78/-\/Above resistance4040.4%
SY0.4%
0.4%
26.0%
0.380.6898.2M27%59/-At resistance55-0.4%
VIOT0.0%
-3.1%
-0.1%
0.380.10173%31.7M36%49/\-1530.0%
BIDU-0.1%
-5.1%
3.5%
12.6457.960.270.5762468%32B65%47/\-404-0.0%
SIMO-0.3%
-1.6%
4.4%
35.071.933.663.7233%1.9B80%55\/\203-0.1%
LI-0.5%
-11.6%
-2.0%
2.2431.5B16%41/\/Below support1690.4%
* 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)

Detail Performance Summary
  • 1M winners are : Winners for past month are $UCL 56.6%, $YRD 38.1%, $LEJU 38.1%, $PDD 34.8%, $SY 26.0%
  • 1M losers are : Losers for past month are $WB -23.3%, $UXIN -23.5%, $DADA -24.8%, $YI -24.9%, $SEED -30.8%
  • 1W winners are : Winners for past week are $QD 12.7%, $HUYA 5.9%, $UCL 4.4%, $PDD 3.2%, $CALX 3.2%
  • 1W losers are : Losers for past week are $LX -12.2%, $BILI -14.5%, $SEED -17.7%, $YI -18.2%, $WB -20.4%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 24.7%, for the past 3 months is 25.6%

In the past month for a 5 days rolling window, the highest corrrelation is 48.2%, the lowest correlation is 2.0%, the latest correlation is 2.0%

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 99.9% between CWEB and KWEB

The lowest correlation is -56.2% between CALX and MOGU

Stock news

    On Monday, China Passenger Car Association (CPCA) released November sales and delivery figures. While Tesla Inc (NASDAQ: TSLA) China-made EVs tanked as much as 17.8% YoY, its biggest rival BYD Company Limited (OTC: BYDDY) set another record in passenger vehicle deliveries. Another China rival, XPeng Inc (NYSE: XPEV) reported its sales rose as much as 245% in November. In the U.S., Ford Motor (NYSE: F) also posted its November figures on Monday, with its EV sales rising 43.2% YoY. Tesla Reported

    With its stock down 18% over the past three months, it is easy to disregard Calix (NYSE:CALX). However, the company's...

    There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...

    Low valuations don't always guarantee gains are in the offing. You need a company firing on all cylinders, too.

    The Chinese EV maker reported a quarterly net loss of $542 million. Wall Street was looking for a loss of about $600 million.

    Chinese EV maker Nio (NIO) reported a narrower-than-expected third-quarter loss, despite quarterly deliveries topping 55,000 vehicles. However, NIO's annual sales still trail behind the company's targets. GitLab (GTLB) shares climbed Tuesday morning after the software firm posted 32% year-over-year revenue growth for its third quarter. Tailwinds include GitLab's rumored partnership with Amazon Web Services (AMZN). Lastly, Qatari investors plans to sell over $640 million of their shares in Barcla...

    In this article, we will take a look at the 30 most profitable online businesses to start in 2024. If you want to skip our detailed analysis, you can go directly to 5 Most Profitable Online Businesses To Start In 2024. An Online Shop is Not Enough On September 6, McKinsey reported on the growth of […]

    Shares in Chinese stocks tumbled on Tuesday after the ratings firm slashed its outlook on Chinese government credit.

    Market participants have started to second-guess whether their optimism during November was fully warranted, as inflationary pressures still remain above the Federal Reserve's 2% target. Posting even bigger gains was GitLab (NASDAQ: GTLB), which has tapped into the artificial intelligence (AI) movement to bolster its business. Shares of Nio rose about 4% in premarket trading early Tuesday.

    Quarterly Total Revenues reached RMB19,066.6 million (US$2,613.3 million)iQuarterly Vehicle Deliveries were 55,432 units SHANGHAI, China, Dec. 05, 2023 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its unaudited financial results for the third quarter ended September 30, 2023. Operating Highlights for the Third Quarter of 2023 Vehicle deliveries were 55,432 in