Aggregated price index with volume information
Summary:
- Chip Equipment stocks up 0.2% on average while median return up -0.3% in a day
- Chip Equipment stocks down 2.3% on average while median return down 1.9% in a week
- Chip Equipment stocks down 7.6% on average while median return down 6.2% 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.
- 1M winners are : Winners for past month are
- 1M losers are : Losers for past month are $ASML -8.8%, $LRCX -8.9%
- 1W winners are : Winners for past week are
- 1W losers are : Losers for past week are $LRCX -3.0%, $TSM -4.4%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 81.9%, for the past 3 months is 72.7%
In the past month for a 5 days rolling window, the highest corrrelation is 95.0%, the lowest correlation is 8.2%, the latest correlation is 90.5%
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 95.3% between ASML and LRCX
The lowest correlation is 63.5% between KLAC and TSM
Taiwan Semiconductor Manufacturing Co said on Wednesday that a new chip manufacturing technology called "A16" will enter production in the second half of 2026. At a conference in Santa Clara, California, TSMC's co-Chief Operating Officer Y.J. Mii said the technology will also allow for the delivery of power to computing chips from the backside of the chip, which helps speed up artificial intelligence chips and is an area where TSMC has been competing with U.S. rival Intel. TSMC is the world's ...
The Taiwanese chipmaker has generated reliable gains for nearly three decades.
Last Thursday, the world’s largest producer of advanced processors issued its first quarter results and they were even better than expected as AI demand continues to go strong. Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), whose customers include the AI chip leader, NVIDIA Corporation (NASDAQ: NVDA) as well as the tech titan Apple Inc (NASDAQ: AAPL), expects 2024 to be another year of healthy growth on the back of its technology leadership and broad customer base that also incl
ASML stock drops after earnings miss investors' expectations.
Long-term investors should take advantage of any big dip.
(Bloomberg) -- ASML Holding NV is weighing options to expand its presence in the Netherlands, after the government committed €2.5 billion ($2.7 billion) to infrastructure and education spending in the region where the company’s headquarters are located. Most Read from BloombergTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsRay Dalio’s Famous Trade Is Sputtering, Investors BailingBillionaire Pinaults Fight to Pull Gucci Off the Discount Rack‘Mag Seven’ Roar as Tesla Jumps in Late
The company's shares nearly doubled over the past year, but the rise of AI could create more opportunities ahead.
ASML reports transactions under its current share buyback program VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML's current share buyback program. DateTotal repurchased sharesWeighted average priceTotal repurchased value15-Apr-24 10,864 €920.49 €10,000,238 16-Apr-24 11,013 €901.88 €9,932,399 17-Apr-24 - - - 18-Apr-24 - - - 19-Apr-24 - - - ASML’s current share buyback program was announced on 10 November 2022, and details are availabl
Investors should use this pullback to add high-quality dividend growth companies.
This massive chip foundry seems unlikely to outpace the AI leader.