Market Composite

Electronic Components Stocks$216.65

0.88%4:00PM 07/30/2021

The list of companies include APH-Amphenol Corp., BELFA-Bel Fuse Inc., BELFB-Bel Fuse Inc., BHE-Benchmark Electronics Inc., CAMP-Calamp Corp., CAMT-Camtek Ltd, CLFD-Clearfield Inc, CLS-Celestica, Inc., CODA-Coda Octopus Group Inc., CREE-Cree, Inc., CTS-CTS Corp., ELTK-Eltek Ltd, ESP-Espey Manufacturing & Electronics Corp., FLEX-Flex Ltd, FN-Fabrinet, FSLR-First Solar Inc, GLW-Corning, Inc., IEC-IEC Electronics Corp., IIVI-Ii-Vi Inc., JBL-Jabil Inc, KN-Knowles Corp, KOPN-Kopin Corp., KTCC-Key Tronic Corp., LEDS-Semileds Corp, LPTH-Lightpath Technologies, Inc., MEI-Methode Electronics, Inc., MVIS-Microvision Inc., NPTN-NeoPhotonics Corporation, NSYS-Nortech Systems Inc., NVT-nVent Electric plc

Latest intraday update before market close @ 19:45:55 PM 07/30/2021

Summary :

Average return is up 0.6%

Median return is up 0.3%

27 out of 46 stocks are up (limited to those with intraday pricing feeds).

Top Movers : CODA 0.9%, CLS 0.9%, PLXS 0.9%, JBL 0.9%, KN 1.0%, VIAO 1.1%, CREE 1.4%, FLEX 2.0%, FSLR 2.4%, NPTN 3.7%, BELFB 13.0%, BELFA 18.3%,

Aggregated price index

Aggregated price index with volume information

Summary:

Electronic Components stocks up 0.9% on average while median return up 0.6% in a day
Electronic Components stocks up 3.4% on average while median return up 2.5% in a week
Electronic Components stocks down 1.5% on average while median return down 1.2% 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.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker	1 Day Return	1 Week Return	1 Month Return	PE Ratio	PE/G	P/B (mrq)	P/S (ttm)	Earning Growth	MarketCap	Short %	Held By Institutions %	RSI	Price Pattern	Days Since Channel Change	Channel Slope (daily rate %)	Half Channel Bandwidth	Distance to Channel MidPoint %

BELFA	18.2%	10.9%	2.8%			0.99	0.38		179.8M	1%	46%	60	-/\	92	-0.2%	9.0%	12.1%
BELFB	12.4%	7.1%	-5.3%	8.33		0.95	0.38		170M		79%	52	\/\	85	-0.4%	15.9%	5.7%
NSYS	8.5%	11.1%	50.2%			1.16	0.20		29.4M	1%	5%	74
NPTN	3.7%	6.8%	-5.0%		-2.25	3.02	1.54		497.9M	4%	86%	54	-/\	85	-0.2%	15.4%	2.2%
FLEX	2.7%	8.0%	0.6%	14.84	0.65	2.41	0.34	390%	8.8B	3%	99%	60	\/\	85	-0.1%	8.6%	4.2%
FSLR	2.7%	3.7%	-4.9%	17.78	-2.05	1.44	2.74	131%	9.1B	8%	84%	53	\/-	168	-0.1%	10.5%	7.7%
IEC	1.9%	8.3%	4.7%			2.69	0.58		116.2M	1%	44%	59	\/\	85	-0.3%	14.5%	10.9%
CREE	1.8%	0.4%	-5.3%	-24.66	3.94	4.68	11.41		10.7B	12%	109%	50	\/\	85	-0.3%	12.1%	5.0%
LPTH	1.7%	0.9%	-6.7%			1.83	1.68		62.4M	3%	26%	50	/-	85	-0.4%	27.9%	5.8%
KN	1.3%	4.2%	1.5%	66.58	1.07	1.33	2.20		1.8B	10%	103%	58	\/\	85	-0.1%	5.6%	4.6%
MEI	1.1%	5.1%	-2.8%	14.99	0.95	1.99	1.79	-23%	1.8B	2%	96%	54	\-/	85	0.2%	6.1%	-3.1%
FN	1.0%	2.5%	-1.4%	26.48	2.22	3.13	1.89	33%	3.5B	2%	102%	57	\/	85	0.1%	6.4%	1.5%
JBL	1.0%	4.6%	2.4%	15.67	0.53	3.98	0.29		8.7B	3%	91%	62	\/	85	0.2%	5.5%	-0.6%
OLED	1.0%	5.2%	5.5%	76.05	1.57	10.46	21.86	36%	11B	2%	75%	65	\/-\	85	-0.1%	7.6%	9.6%
SANM	1.0%	4.4%	-1.4%	13.61	-7.05	1.46	0.36	864%	2.5B	5%	98%	52	\/-	85	-0.0%	6.4%	-2.3%
TTMI	1.0%	1.8%	-2.2%	8.48	0.58	1.08	0.73		1.5B	17%	108%	45	\/-	85	-0.0%	6.5%	-3.2%
TEL	0.9%	6.6%	9.1%	45.38	1.99	4.41	3.26		48.7B	1%	94%	69	\/	85	0.1%	4.5%	6.5%
ELTK	0.8%	0.3%	9.2%			2.32	1.00	-59%	38.3M	0%	3%	54
PLXS	0.8%	4.6%	-1.2%	17.69	2.27	2.47	0.72	223%	2.6B	4%	97%	56	\/-	85	0.0%	5.5%	-1.4%
APH	0.7%	2.1%	6.0%	34.68	2.5	7.25	4.35	36%	43.3B	1%	97%	67	/-/	72	0.1%	4.0%	4.2%

* 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 $NSYS 50.2%, $RFIL 28.3%, $SGMA 19.8%, $CLFD 16.2%, $CLS 13.0%
1M losers are : Losers for past month are $KOPN -17.6%, $MVIS -17.8%, $SENS -20.1%, $PLUG -20.2%, $LEDS -54.2%
1W winners are : Winners for past week are $CLS 20.5%, $NSYS 11.1%, $BELFA 10.9%, $AMPG 8.5%, $IEC 8.3%
1W losers are : Losers for past week are $ROG -1.9%, $IIVI -2.2%, $KTCC -2.5%, $KOPN -2.7%, $SGMA -9.1%

Pick two stocks to compare:

FLEX

JBL

Correlation Analysis

Index correlation analysis

Correlation for the past month is 29.0%, for the past 3 months is 22.7%

In the past month for a 5 days rolling window, the highest corrrelation is 54.1%, the lowest correlation is 1.0%, the latest correlation is 32.4%

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 94.8% between FLEX and JBL

The lowest correlation is -45.8% between KTCC and LEDS