Aggregated price index
Aggregated price index with volume information
- 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
- 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%
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
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. * ...
(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...
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...
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...
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...
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 --
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...
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...
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...
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.