Aggregated price index
Aggregated price index with volume information
Summary:
- The momentum of the sector is very strong.
- Electronic Production Equipment stocks up 4.4% on average while median return up 4.3% in a day
- Electronic Production Equipment stocks up 6.2% on average while median return up 7.2% in a week
- Electronic Production Equipment stocks up 16.1% on average while median return up 17.5% 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 $MVIS 112.0%, $PLAB 48.7%, $ENTG 46.0%, $ACLS 38.3%, $ONTO 38.1%
- 1M losers are : Losers for past month are $PHG -8.1%, $IVAC -22.1%, $EMKR -29.7%, $SONO -30.1%
- 1W winners are : Winners for past week are $VRT 26.9%, $PLAB 22.2%, $UCTT 20.8%, $ACLS 13.7%, $MKSI 13.6%
- 1W losers are : Losers for past week are $PHG -4.1%, $SONO -4.7%, $DAIO -4.8%, $IVAC -5.5%, $EMKR -15.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 23.1%, for the past 3 months is 27.7%
In the past month for a 5 days rolling window, the highest corrrelation is 45.6%, the lowest correlation is 5.3%, the latest correlation is 39.6%
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 93.3% between KLAC and LRCX
The lowest correlation is -75.1% between AXTI and DAIO
Stock news
Key Insights Photronics' estimated fair value is US$31.47 based on 2 Stage Free Cash Flow to Equity Current share price...
Q2 2023 Photronics Inc Earnings Call
FREMONT, Calif., May 24, 2023 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and production burn-in equipment, today announced that it will be participating in the 20th Annual Craig-Hallum Institutional Investor Conference taking place on Wednesday, May 31, 2023 at the Depot Renaissance Hotel in Minneapolis. Aehr Test President and CEO Gayn Erickson will be hosting meetings with investors throughout the day. “I look forward to discussing our semi
ALHAMBRA, CA, May 24, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, announced today that it expects revenue from last-time buys of Broadband products to be approximately $20 million, up from the $10 million previously projected. EMCORE expects margins to be consistent with the historical margin performance for these products. Jeffrey Rittichier, EMCORE’s President and CE
Shares of Photronics (NASDAQ: PLAB) were up more than 12% on Wednesday after the semiconductor company, whose photomask technology is used in integrated circuits (IC) and flat-panel displays (FPD), released second-quarter earnings. The company said it is seeing strong demand for its IC and FPD products. While high-end IC demand fell by 9% due to lower demand in Asia, mainstream demand grew 13%.
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