MARKET COMPOSITE
Market TodayThemes and Stocks SummaryThematic Stock SearchDaily Refresh Schedule
Telecommunications Equipment Stocks$95.12
-0.87%4:00PM 01/14/2022
The list of companies include AAOI-Applied Optoelectronics Inc, AAPL-Apple Inc, ADTN-Adtran Inc., AIRG-Airgain Inc, AKTS-Akoustis Technologies Inc, APWC-Asia Pacific Wire & Cable, AUDC-Audiocodes, AVNW-Aviat Networks Inc, AVYA-Avaya Holdings Corp., BDR-Blonder Tongue Laboratories Inc., BKTI-BK Technologies Corp, CALX-Calix Inc, CAMP-Calamp Corp., CASA-Casa Systems Inc, CIEN-CIENA Corp., CLFD-Clearfield Inc, CLRO-ClearOne Inc, CMBM-Cambium Networks Corp, CMTL-Comtech Telecommunications Corp., COMM-CommScope Holding Company Inc, CRNT-Ceragon Networks Ltd, DGLY-Digital Ally Inc., DZSI-DZS Inc, GILT-Gilat Satellite Networks, GRMN-Garmin Ltd, HLIT-Harmonic, Inc., IDCC-Interdigital Inc, INFN-Infinera Corp., INSG-Inseego Corp, ITRN-Ituran Location And Control Ltd.
Latest intraday update before market close @ 20:46:25 PM 01/14/2022
Summary :
Average return is down -0.8%
Median return is down -0.8%
24 out of 51 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Telecommunications Equipment stocks down 0.9% on average while median return down 0.8% in a day
  • Telecommunications Equipment stocks down 2.8% on average while median return down 2.2% in a week
  • Telecommunications Equipment stocks down 3.3% on average while median return down 2.3% 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.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
UTSI4.7%
8.8%
1.1%
-1.460.621.9934.5M1%4%54\52-0.4%
VOXX3.5%
9.8%
1.1%
-16.680.780.56227.4M8%51%53-/\-108-0.0%
ITRN3.4%
2.2%
6.0%
17.640.744.592.2730%625.4M1%51%55\/-1080.0%
QCOM2.6%
4.6%
-0.3%
11.990.6620.235.10277%211.4B2%75%59\/-/At resistance1080.3%
LHX2.4%
3.7%
7.0%
30.31.582.122.47116%44.7B1%82%66\/\Above resistance108-0.1%
SYTAW2.0%
-14.5%
-44.0%
20.2M29\85-1.1%
LITE1.0%
1.0%
2.0%
20.081.932.803.53420%7.7B14%96%61-/\/At resistance1080.2%
AVYA0.9%
7.6%
3.6%
0.878.430.761.7B14%112%53\/\At resistance108-0.2%
ADTN0.8%
-3.9%
-8.1%
575.3714.722.591.92955.1M3%92%35/-108-0.0%
HLIT0.8%
2.1%
3.8%
169.132.153.071.941.2B14%94%52\/1080.3%
UI0.8%
1.8%
1.8%
321.4710.7241%18.9B10%7%51\/-215-0.0%
NOK0.7%
-2.8%
-3.3%
-14.870.882.101.3333.7B7%44/-/1080.1%
AAPL0.5%
0.5%
-3.5%
15.411.4531.476.69110%2.8T1%59%50/-/1080.2%
AIRG0.5%
4.1%
0.7%
-16.872.234.314.34109.1M5%61%53\/\Above resistance215-0.3%
SATS0.5%
-4.2%
-3.0%
15.554.440.711.27975.1M19%95%38\/2150.1%
CASA0.4%
-2.3%
-4.1%
17.959.661.89395%442.9M4%70%42/\108-0.3%
TESS0.3%
0.3%
-4.3%
-9-0.640.790.1658.5M1%62%50/\/570.4%
GRMN0.2%
1.1%
-2.3%
22.594.14.696.0937%25.5B1%55%43\/\108-0.2%
IDCC0.1%
0.7%
-0.5%
67.615.053.336.494703%2.1B8%86%45\/\108-0.0%
VSAT0.1%
-2.5%
0.2%
95.274.281.371.51364%3.4B15%84%46\/\108-0.0%

* 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.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are $BKTI 43.9%, $VCRA 33.9%, $MAXR 10.9%, $ERIC 7.7%, $LHX 7.0%
  • 1M losers are : Losers for past month are $INSG -20.7%, $SONM -24.2%, $AAOI -28.4%, $CAMP -35.9%, $SYTA -59.8%
  • 1W winners are : Winners for past week are $VOXX 9.8%, $UTSI 8.8%, $AVYA 7.6%, $QCOM 4.6%, $AIRG 4.1%
  • 1W losers are : Losers for past week are $JCS -8.5%, $AAOI -12.4%, $CLRO -14.5%, $BKTI -14.9%, $SYTA -21.9%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 24.5%, for the past 3 months is 16.2%

In the past month for a 5 days rolling window, the highest corrrelation is 39.2%, the lowest correlation is 9.3%, the latest correlation is 16.8%

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 86.0% between HLIT and INFN

The lowest correlation is -49.4% between CLRO and ITRN

Stock news

    01/13/2022CMBM
    Adirondack Trust Co Buys Vanguard Russell 2000 Index Fund, Ford Motor Co, Arco Platform, Sells ...

    Saratoga Springs, NY, based Investment company Adirondack Trust Co (Current Portfolio) buys Vanguard Russell 2000 Index Fund, Ford Motor Co, Arco Platform, Kiniksa Pharmaceuticals, TransMedics Group Inc, sells Vanguard Russell 3000 Index Fund, Vanguard Total International Stock, AT&T Inc, Eli Lilly and Co, Vanguard FTSE Developed Markets ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Adirondack Trust Co.

    01/13/2022SATS
    Supply chain pressures ‘probably have peaked’ as the Fed looks to tighten, economist says

    Morgan Stanley Chief Global Economist Seth Carpenter joins Yahoo Finance Live to discuss easing supply chain pressures, Fed policy, and the economic outlook.

    01/13/2022AIRG
    Airgain® Grows Its Portfolio of 5G Antennas

    SAN DIEGO, January 13, 2022--Airgain announced the launch of the Multimax™ 5G, a high performance antenna platform, to meet the growing demand for 5G connectivity.

    01/13/2022COMM
    ViacomCBS Partners with CommScope to Lead Industry Content Distribution Migration from Satellite to CDN IP

    HICKORY, N.C., January 13, 2022--DABL, FAVE and select SHOWTIME linear channels utilize CommScope IP video as part of ViacomCBS’s large-scale digital transformation

    01/13/2022RBBN
    IPS Expands Long Haul Submarine Data Transmission Capacity with Ribbon's IP Optical Solutions

    Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and IP Optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that IPS, a leading provider of international connectivity services for communications service providers, is leveraging Ribbon's Apollo Optical Networking solution to power 100Gigabit Ethernet (100GbE) services delivered over both terrestrial and undersea cables from Manilla to

    01/13/2022IDCC
    Is Now An Opportune Moment To Examine InterDigital, Inc. (NASDAQ:IDCC)?

    InterDigital, Inc. ( NASDAQ:IDCC ), is not the largest company out there, but it saw significant share price movement...

    01/13/2022GILT
    Gilat Captures Greater Maritime Market Share in New Deal with Eurasian Satellite Service Provider

    Gilat’s SkyEdge II-c platform to enable reliable satellite communications for commercial fishing and maritime transport marketsPETAH TIKVA, Israel, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the Company has captured a greater share of the maritime market in a new deal with a Eurasian satellite service provider that is set to enable expanded maritim

    01/13/2022VISL
    Vislink Technologies, Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

    HACKETTSTOWN, NJ, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (NASDAQ: VISL) announced today that on January 12, 2022, Ronnie Hamilton was granted an award of 200,000 restricted stock units (“RSUs”) of the company outside of the Company’s existing equity compensation plans, in connection with Mr. Hamilton’s employment, as Vice President, Global Operations. These RSUs were granted as an inducement material to Mr. Hamilton becoming an employee of Vislink Technologies, Inc., in acc

    01/12/2022VSAT
    Top Defense Stocks for Q1 2022

    The defense industry produces modern weaponry, including combat vehicles, ships, bombers, and fighter jets. Companies in the industry also offer cybersecurity, information technology (IT), analytics, robotics, and intelligence systems. Its primary customer is the U.S. government, but it also sells its products and services to foreign governments and law enforcement agencies.

    01/12/2022COMM
    Best Value Stocks to Buy for January 12th

    COMM, USAK, and STC made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 12, 2022