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Telecommunications Equipment Stocks$127.08
-2.15%4:00PM 03/22/2023
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., 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., LHX-L3Harris Technologies Inc
Latest intraday update before market close @ 17:45:43 PM 03/23/2023
Summary :
Average return is up 1.1%
Median return is up 1.2%
31 out of 41 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Telecommunications Equipment stocks down 2.2% on average while median return down 2.1% in a day
  • Telecommunications Equipment stocks down 1.9% on average while median return down 1.8% in a week
  • Telecommunications Equipment stocks down 12.4% on average while median return down 7.7% 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 %)
DGLY3.0%
12.7%
-24.1%
144.440.321.758.5311.5M14%7%43\-113-0.1%
OCC2.3%
-4.7%
-3.1%
1.730.5231.9M0%13%45\-/Below support500.2%
TESS1.3%
2.7%
-3.6%
-125.63-0.640.790.1641.4M1%62%42-\/\53-0.2%
CMTL0.6%
4.2%
-19.1%
-7.49-0.51.361.14347.2M4%82%36\/-\/1670.3%
VOXX0.6%
0.9%
6.9%
-43.510.780.56252.7M8%51%57/\-/1670.2%
WTT0.0%
-1.7%
-8.0%
1.851.0936.9M0%31%35\/Below support600.2%
BKTI-0.4%
-7.8%
-23.1%
1.701.1846.4M0%52%31-/Below support1270.3%
UTSI-0.8%
-11.1%
-16.0%
-23.730.621.99138.8M1%4%39/Below support520.1%
AAPL-0.9%
3.2%
6.3%
26.851.4531.476.69110%2.5T1%59%62/-Above resistance167-0.0%
MAXR-1.0%
-0.9%
-2.1%
-24.81.252.241.613.8B8%74%41/\/1670.6%
AUDC-1.1%
0.6%
-16.4%
16.721.815.405.0690%454M3%37%31/-\At support104-0.2%
GILT-1.1%
-2.5%
-7.4%
-729.732.423.42305.7M1%51%42\/\167-0.1%
CAMP-1.2%
-2.1%
-28.6%
-3.432.374.911.51118.7M3%78%28\/\167-0.2%
INSG-1.2%
-2.7%
-34.2%
-0.96-1.93.3365M25%56%23/-\167-0.5%
ITRN-1.2%
-4.2%
-5.5%
12.050.744.592.2730%512M1%51%42/\-\104-0.1%
ERIC-1.3%
0.4%
-5.2%
1.153.8648%16.4B10%40/\167-0.2%
NOK-1.3%
2.2%
-1.7%
5.710.882.101.3325.9B7%46/\167-0.0%
SATS-1.4%
-1.9%
2.0%
8.684.440.711.27868.9M19%95%43\/\167-0.1%
QCOM-1.5%
5.6%
-1.4%
11.760.6620.235.10277%136.1B2%75%50/\332-0.1%
IDCC-1.6%
-1.7%
0.5%
23.525.053.336.494703%2.1B8%86%49/\/Above resistance1670.1%

* 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 $VOXX 6.9%, $HLIT 6.4%, $AAPL 6.3%, $INFN 3.9%, $CIEN 2.2%
  • 1M losers are : Losers for past month are $DZSI -24.6%, $CLFD -25.0%, $CAMP -28.6%, $AIRG -29.8%, $CASA -69.6%
  • 1W winners are : Winners for past week are $DGLY 12.7%, $HLIT 10.8%, $QCOM 5.6%, $AIRG 4.3%, $CMTL 4.2%
  • 1W losers are : Losers for past week are $BKTI -7.8%, $DZSI -9.9%, $AKTS -11.0%, $UTSI -11.1%, $CASA -40.4%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 27.4%, for the past 3 months is 20.5%

In the past month for a 5 days rolling window, the highest corrrelation is 42.3%, the lowest correlation is 3.9%, the latest correlation is 40.2%

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 76.3% between AAOI and LITE

The lowest correlation is -44.1% between GRMN and ITRN

Stock news

    03/22/2023LHX
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    03/22/2023LHX
    AAR Corp. (AIR) Acquires Trax USA Corp. for $120M Plus Earn-Out

    AAR Corp. (AIR) announces the acquisition of Trax USA Corp. for $120 million plus up to a $20-million earn-out payment.

    03/21/2023BKTI
    BK Technologies To Attend IWCE 2023

    BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK Technologies") today announced that it will attend the International Wireless Communications Expo ("IWCE") 2023 in Las Vegas from March 27 to March 30, 2023.

    03/21/2023AVNW
    Aviat Updates Frequency Assurance Software (FAS) to Add 3rd Party Radio Support

    Aviat Networks, Inc. (NASDAQ: AVNW), the expert in wireless transport and access solutions, today announced enhanced Frequency Assurance Software (FAS) that enables operators to protect their 3rd-party (non-Aviat) microwave links from interference. FAS was introduced by Aviat in 2020 specifically to protect 6GHz microwave links from interference from new Wi-Fi 6e deployments, as well as other potential sources of interference in any common-carrier band.

    03/20/2023HLIT
    Charter Communications Partners with Harmonic to Accelerate Network Evolution

    Harmonic (NASDAQ: HLIT) today announced that Charter Communications has selected Harmonic as its strategic technology partner to deploy virtual CMTS technology for next-gen broadband services. Aligned with Charter's network evolution, footprint expansion and operational execution initiatives, Harmonic's industry-leading CableOS® Broadband Platform enables groundbreaking multi-gigabit network convergence and deployment efficiency advantages.

    03/20/2023IDCC
    Sidoti's Small-Cap Virtual March Conference

    Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 22-23, 2023.

    03/20/2023LHX
    Will Segmental Sales Boost AAR Corp. (AIR) Q3 Earnings?

    AAR Corp. (AIR) Q3 results are likely to reflect a strong sales performance across its segments.

    03/20/2023AAPL
    Microsoft Could Become the World's First $5 Trillion Company By 2030

    Microsoft (NASDAQ: MSFT) is the world's second-largest company with a market capitalization of $2.1 trillion. It's trailing archrival Apple, which is currently valued at $2.5 trillion, but I'm going to explain why Microsoft has a growth advantage and could hit the $5 trillion mark first. The company was founded in 1975, but over the years, it has evolved from a consumer software company into a tech powerhouse at the forefront of gaming, cloud computing, and now, artificial intelligence (AI).

    03/20/2023AAPL
    RPC and Thor Industries have been highlighted as Zacks Bull and Bear of the Day

    RPC and Thor Industries are part of the Zacks Bull and Bear of the Day article.

    03/20/2023AAPL
    Microsoft plans mobile games app store to rival Apple and Google

    Xbox boss Phil Spencer says store could launch as soon as next year if regulators clear Activision Blizzard deal