Aggregated price index with volume information
Summary:
- 5G Chips stocks up 1.6% on average while median return up 1.6% in a day
- 5G Chips stocks up 1.1% on average while median return up 1.1% in a week
- 5G Chips stocks down 4.0% on average while median return down 3.0% 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.
- 1M winners are : Winners for past month are
- 1M losers are : Losers for past month are $SWKS -3.7%
- 1W winners are : Winners for past week are $SWKS 2.7%
- 1W losers are : Losers for past week are $QCOM -0.4%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 73.5%, for the past 3 months is 71.6%
In the past month for a 5 days rolling window, the highest corrrelation is 99.9%, the lowest correlation is -35.5%, the latest correlation is 99.9%
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 73.5% between QCOM and SWKS
The lowest correlation is 73.5% between QCOM and SWKS
Qualcomm (QCOM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Qualcomm is debuted its Snapdragon Elite Plus chip Wednesday, as the company aims to take on Intel and AMD in the laptop market.
KB Home, Interactive Brokers Group, Qualcomm and Johnson & Johnson are part of the Zacks top Analyst Blog.
Qualcomm is well positioned in the emerging market for artificial-intelligence-capable smartphones and personal computers, Benchmark said in an endorsement of the stock on Tuesday. Analyst Cody Acree launched coverage of the company with a Buy rating and $200 target price, or about 30% above the stock’s current level. Qualcomm shares were 1% higher at $161.72 in recent trading Tuesday.
I recently dropped Adobe, Qualcomm, and Unity from my portfolio.
Skyworks (SWKS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Maintaining and safeguarding our operations NORTHAMPTON, MA / ACCESSWIRE / April 23, 2024 / Qualcomm Originally published in Qualcomm's 2023 Corporate Responsibility Report Our Operational Resilience function orchestrates the Company's emergency operations, ...
Roblox upgraded, Qualcomm initiated: Wall Street's top analyst calls
Stocks like KB Home (KBH), Interactive Brokers Group, Inc. (IBKR), QUALCOMM Incorporated (QCOM) and Johnson & Johnson (JNJ) recently hiked dividends.
Last Thursday, the world’s largest producer of advanced processors issued its first quarter results and they were even better than expected as AI demand continues to go strong. Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), whose customers include the AI chip leader, NVIDIA Corporation (NASDAQ: NVDA) as well as the tech titan Apple Inc (NASDAQ: AAPL), expects 2024 to be another year of healthy growth on the back of its technology leadership and broad customer base that also incl