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Industrial Robotics and Automation Stocks$135.91
2.21%4:00PM 11/23/2020
The global industrial robotics market size is anticipated to reach USD 41.23 billion by 2020, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.0% during the forecast period. Rapid expansion of the automotive industry worldwide and growing adoption of robotics in the non-automotive industry including food & beverage, chemicals, rubber & plastics, and electronics/electrical are stoking the growth of the market
Latest intraday update before market close @ 19:45:00 PM 11/23/2020
Summary :
Average return is up 2.8%
Median return is up 1.2%
4 out of 6 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Industrial Robotics and Automation stocks up 2.2% on average while median return up 0.7% in a day
  • Industrial Robotics and Automation stocks up 2.8% on average while median return up 1.1% in a week
  • Industrial Robotics and Automation stocks up 12.7% on average while median return up 9.8% 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 is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes

Index Constituencies

Related Stocks (click on ticker for detail)

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leak data

  • 1M winners are : Winners for past month are $HLX 39.1%, $ZBRA 20.5%, $TER 19.1%, $AMBA 17.1%
  • 1M losers are : Losers for past month are $ABB -0.5%, $BOSC -1.2%
  • 1W winners are : Winners for past week are $HLX 17.8%, $AMBA 9.3%, $ZBRA 4.8%, $ROK 4.4%
  • 1W losers are : Losers for past week are $CGNX -2.3%, $ABB -2.4%, $LECO -3.2%, $BOSC -4.2%
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Correlation Analysis

Index correlation analysis

Correlation for the past month is 29.6%, for the past 3 months is 36.2%

In the past month for a 5 days rolling window, the highest corrrelation is 68.4%, the lowest correlation is 1.2%, the latest correlation is 10.9%

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 73.9% between CGNX and TER

The lowest correlation is -24.6% between BOSC and ROK

Stock news

    11/23/2020AMBA
    Ambarella, Inc. Announces Third Quarter Fiscal Year 2021 Financial Results

    SANTA CLARA, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) -- Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced financial results for its third quarter of fiscal year 2021 ended October 31, 2020. * Revenue for the third quarter of fiscal 2021 was $56.1 million, down 17.4% from $67.9 million in the same period in fiscal 2020. For the nine months ended October 31, 2020, revenue was $160.8 million, down 6.2% from $171.5 million for the nine months ended October 31, 2019. * ...

    11/18/2020ABB
    ABB Is Said to Explore Sale of Dodge Unit Amid CEO Review

    (Bloomberg) -- ABB Ltd, the Swiss industrials giant, is considering a sale of its North American mechanical power transmission business Dodge, according to people familiar with the matter.The company’s new chief executive officer, Bjoern Rosengren, may announce the potential disposal plans during its investor day on Thursday, said the people, who asked not to be identified because the discussions are private. He could also earmark some smaller divestments, they said.The decision is one of the fi...

    11/10/2020TER
    Roy Vallee to Retire from Teradyne’s Board of Directors in 2021

    NORTH READING, Mass., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NASDAQ:TER) announced today that Roy Vallee, Teradyne Chairman of the Board of Directors and a member of the Compensation, and Nominating and Governance Committees, will retire from the Board effective at the 2021 annual meeting of shareholders that is expected to be held in May 2021. Mr. Vallee will serve out the remainder of his term as Chair and the Board will elect a new Chair following the 2021 annual meeting of shareho...

    11/9/2020TER
    Teradyne Declares Quarterly Cash Dividend

    NORTH READING, Mass., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Teradyne, Inc. (Nasdaq: TER) today announced a quarterly cash dividend of $0.10 per share, payable on December 18, 2020 to shareholders of record as of the close of business on November 25, 2020. About Teradyne Teradyne (Nasdaq:TER) brings high-quality innovations such as smart devices, life-saving medical equipment and data storage systems to market, faster. Its advanced test solutions for semiconductors, electronic systems, wireless dev...

    11/6/2020AMBA
    Ambarella Announces Third Quarter Fiscal Year 2021 Earnings Conference Call to be Held November 23, 2020

    SANTA CLARA, Calif., Nov. 06, 2020 (GLOBE NEWSWIRE) -- Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced it will hold its third quarter fiscal year 2021 earnings conference call on Monday, November 23, 2020 at 1:30 p.m. Pacific Time. The company will issue its earnings release after the market closes the same day. Those in the U.S. interested in participating should dial 877-304-8963 approximately 10 minutes prior to the start of the call. International callers shoul...

    10/30/2020CGNX
    Contactless Environment Drives Cooking Bots Adoption: 4 Picks

    Robotic chefs and servers are making up for limited staff in restaurants. The cooking and service bots segment will witness a surge in the near future, heres why --

    10/28/2020BOSC
    BOS to Release Financial Results for the Third Quarter of 2020 on Monday, November 30, 2020

    RISHON LEZION, Israel, Oct. 28, 2020 (GLOBE NEWSWIRE) -- B.O.S. Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC), announced today that it will release its financial results for the third quarter of 2020 before the market opens on Monday, November 30, 2020. BOS will host a conference call on Monday, November 30, 2020 at 10:00 a.m. EST - 5:00 p.m., Israel Time. A question-and-answer session will follow management’s presentation. To access the conference call, please dial one o...

    10/28/2020TER
    TechnipFMC’s Schilling Robotics Selects Energid Technologies’ Actin Robotic Control Software for GEMINI™ ROV System

    Figure 1 TechnipFMC Schilling Robotics GEMINI™ ROV SystemBEDFORD, Mass., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Energid Technologies, provider of Actin®, the premier Robotics Software Development Kit (SDK), and Schilling Robotics, a division of TechnipFMC and supplier of the world’s most advanced work class Remotely Operated Vehicles (ROVs), announce the selection of Actin for Schilling Robotics’ new automated GEMINI™ ROV System. Schilling Robotics is leveraging advanced motion control features of th...

    10/26/2020TER
    Peter Herweck Elected to Teradyne’s Board of Directors

    NORTH READING, Mass., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NASDAQ:TER) announced the election of Peter Herweck to its Board of Directors effective November 9, 2020. Mr. Herweck was also appointed to the Board’s Compensation and Nominating and Corporate Governance Committees. “We are excited to have Peter join Teradyne’s Board of Directors,” said Roy Vallee, Teradyne Chairman. “His deep understanding of industrial automation along with his insights from leading complex, global enter...

    10/23/2020ABB
    Analyst Report: ABB Ltd

    ABB is a global supplier of electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies--ASEA and BBC--and is now called Asea Brown Boveri Group, or ABB. The company is the number-one or number-two supplier in all of its core markets and the number-two robotic arm supplier globally. In automation, it offers a full suite of products for both discrete and process automation as well as robotics.