What are the top stocks in the Networking / Optical bubble?

QuantAbundancia maps 7 primary stocks to the Networking / Optical bubble: ANET, ALAB, AAOI, CIEN, COHR, CRDO, LITE.

What ETFs carry the Networking / Optical thesis?

1 ETF on QuantAbundancia carry the Networking / Optical thesis: AIS.

How correlated are Networking / Optical stocks?

The Networking / Optical bubble's primary members co-move with a 252-day average correlation of 0.47 across 21 pairs — decent co-movement.

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Networking / Optical

Moving bits between tens of thousands of GPUs — optical is non-negotiable.

0.470avg corr (252d)

0.31 / 0.71min / max

21pairs

7primary stocks

1etfs

Decent co-movement

Stocks

$141.32
$230.00
$186fib+24%
$189.00
$112fib+69%
$551.80
$380.65

Frequently asked questions

What are the top stocks in the Networking / Optical bubble?: QuantAbundancia maps 7 primary stocks to the Networking / Optical bubble: ANET, ALAB, AAOI, CIEN, COHR, CRDO, LITE.
What ETFs carry the Networking / Optical thesis?: 1 ETF on QuantAbundancia carry the Networking / Optical thesis: AIS.
How correlated are Networking / Optical stocks?: The Networking / Optical bubble's primary members co-move with a 252-day average correlation of 0.47 across 21 pairs — decent co-movement.

Correlation matrix (252d)

	COHR	LITE	CIEN	ANET	AAOI	ALAB	CRDO
COHR	·	0.71	0.68	0.42	0.56	0.41	0.41
LITE	0.71	·	0.65	0.31	0.53	0.34	0.37
CIEN	0.68	0.65	·	0.42	0.51	0.41	0.40
ANET	0.42	0.31	0.42	·	0.38	0.54	0.48
AAOI	0.56	0.53	0.51	0.38	·	0.39	0.38
ALAB	0.41	0.34	0.41	0.54	0.39	·	0.60
CRDO	0.41	0.37	0.40	0.48	0.38	0.60	·

Ticker order reflects hierarchical clustering assignment. Tighter green blocks on the diagonal = stronger sub-clusters within the bubble.

Networking / Optical

Stocks

Frequently asked questions

Correlation matrix (252d)

ETFs carrying the thesis

Sub-clusters