Aggregated price index
Aggregated price index with volume information
Summary:
- Electronic Technology stocks down 1.4% on average while median return down 1.6% in a day
- Electronic Technology stocks up 0.3% on average while median return up 0.9% in a week
- Electronic Technology stocks down 8.4% on average while median return down 4.0% 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 $EMAN 93.2%, $INTT 38.3%, $DAKT 33.3%, $NVDA 28.1%, $SMCI 27.8%
- 1M losers are : Losers for past month are $INTZ -48.8%, $ICAD -52.7%, $WISA -60.7%, $CASA -69.6%, $DBD -70.1%
- 1W winners are : Winners for past week are $EMAN 50.8%, $CVV 27.9%, $INTT 24.2%, $SMCI 22.7%, $AEHR 21.7%
- 1W losers are : Losers for past week are $VIAO -22.4%, $SGMA -31.2%, $CASA -40.4%, $WISA -48.0%, $DBD -64.5%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 27.9%, for the past 3 months is 24.4%
In the past month for a 5 days rolling window, the highest corrrelation is 56.2%, the lowest correlation is 6.7%, the latest correlation is 37.4%
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 ADI and APH
The lowest correlation is -40.1% between AJRD and ALLT
Stock news
General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), announced today that it was awarded two contracts totaling $380 million by the Environmental Protection Agency (EPA). The contracts expand the company's technology and scientific research and support services to enable the agency's critical environmental and climate initiatives.
General Electric will emerge as an aviation and defense pure play in early 2024 after completing its big breakup. Is GE stock a buy after its huge rally? The company remains on track to spin off its energy business, as GE Vernova, in early 2024.
onsemi (ON) is expanding its product portfolio with the launch of the online Elite Power Simulator and Self-Service PLECS Model Generator.
T-Mobile (TMUS) will offer its wireless network solution to AAA to support and enhance productivity of the latter's roadside assistance fleets.
Vertiv Holdings Co. (VRT) could produce exceptional returns because of its solid growth attributes.
Lockheed Martin Ventures, the venture arm of Lockheed Martin Corp (NYSE: LMT), has made a strategic investment in REGENT, an electric seaglider manufacturing company. The financial terms were not disclosed. The investment will accelerate the development of seagliders for defense missions. REGENT seagliders are uniquely suited for various civilian and defense applications in maritime environments, including logistics resupply, cargo transport, and search and rescue. REGENT has sold over 400 seagl
VANCOUVER, British Columbia & BOSTON, March 22, 2023--GE Gas Power, part of GE Vernova (NYSE: GE) and Svante today announced a joint development agreement (JDA) to develop and evaluate solid sorbent-based carbon capture technology for natural gas power generation applications. In addition, GE has made an equity investment in Svante as a part of Svante’s US $318-million Series E fundraising round in December 2022.
Thousands of video and audio editors, producers, artists, educators, students, technical staff and developers can claim their valuable distinction Avid’s Global User Community Shows Off Its Media Production Skills Certification with New Badges & Digital Credentials The new Avid Media Composer Certified Specialist Badge BURLINGTON, Mass., March 22, 2023 (GLOBE NEWSWIRE) -- Avid® (Nasdaq: AVID) has turned on its new Badges & Digital Credentials program to bring instantaneous recognition to highly
SANTA ROSA, Calif., March 22, 2023--Keysight Technologies, Inc. (NYSE: KEYS) has expanded its electric vehicle (EV) and electric vehicle supply equipment (EVSE) charging test portfolio to create an industry-leading toolset of design, emulation, and test solutions for e-mobility. The newly introduced tools complement Keysight’s EV / EVSE charging test portfolio with component-level and field testing solutions.
Diebold Nixdorf Inc (NYSE: DBD) shares gained over 22% in premarket trading on March 22 after it confirmed closing on $55 million additional liquidity. On March 21, Diebold Nixdorf amended its asset-based credit facility (ABL) to add a new $55 million first-in-last-out term loan (FILO) tranche. Additionally, Diebold Nixdorf's ABL lenders have agreed to certain other modifications and waivers to the ABL facility, allowing them to continue working together to develop an updated borrowing framework