Aggregated price index
Aggregated price index with volume information
Summary:
- The momentum of the sector is very strong.
- Electronic Production Equipment stocks down 0.3% on average while median return down 0.7% in a day
- Electronic Production Equipment stocks up 5.7% on average while median return up 2.8% in a week
- Electronic Production Equipment stocks up 21.3% on average while median return up 17.3% 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 $CVV 144.5%, $AEHR 74.7%, $ASYS 43.1%, $EMKR 42.1%, $MICT 40.8%
- 1M losers are : Losers for past month are $UCTT -0.1%
- 1W winners are : Winners for past week are $CVV 72.9%, $ASYS 21.7%, $DAKT 15.5%, $MVIS 11.4%, $AEHR 10.8%
- 1W losers are : Losers for past week are $VECO -0.3%, $CAMT -0.4%, $VRT -0.9%, $KLAC -3.5%, $RELL -3.7%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 39.4%, for the past 3 months is 35.3%
In the past month for a 5 days rolling window, the highest corrrelation is 53.5%, the lowest correlation is 12.7%, the latest correlation is 32.8%
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 -33.7% between CYBE and IVAC
Stock news
Aehr Test Systems ( NASDAQ:AEHR ), is not the largest company out there, but it saw a significant share price rise of...
Board’s Independent Strategy and Financing Review Committee Retains Financial Advisors to Explore Additional Ways to Improve the Company’s Long-Term Liquidity ProfileBROOKINGS, S.D., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT) today announced it has entered into an amendment to its credit agreement with its current lender, U. S. Bank National Association, to extend the maturity of $10 million of its $45 million credit facility to May 1, 2023. The remaining $35 million of the
Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor production test and reliability qualification equipment, today announced that a new customer has selected its FOX-PTM test and burn-in system to be used for qualification and production wafer level test and burn-in of their silicon carbide devices for automotive electric vehicles.
WILMINGTON, Mass., January 24, 2023--Onto Innovation Inc. (NYSE: ONTO) ("Onto Innovation", "Onto", or the "Company") today announced Stephen D. Kelley has joined its board of directors.
Onto Innovation Inc. ( NYSE:ONTO ), might not be a large cap stock, but it saw a significant share price rise of over...
Axcelis (ACLS) announces follow-on shipments of the Purion Power Series ion implanter systems that include solutions like Purion H200 high current, Purion XE high energy and the Purion M medium current implanters
BILLERICA, Mass., January 23, 2023--Entegris, Inc. (Nasdaq: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, today announced that Greg Graves, executive vice president and chief financial officer, plans to retire in 2023.
Wall Street may be too upbeat about the potential for chip-equipment stocks, according to a Barclays analyst.
Cadence Design Systems (NASDAQ:CDNS)
Cadence (CADE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.