MCI Trend
MCI , which stands for Market Confidence Index
, is an indicator tailored for TFT-LCD industry. In the past, marketers tend to
use the mainstream panel prices to diagnose the health of the TFT-LCD industry and
predict its market trend. However, as the application sizes vary and market focus
changes all the time, it is never easy to find an appropriate tool to judge the
market climate. In view of this, WitsView develops MCI , aimed
to become a mutual-language among industry participants for effective communication
on industry outlook and market trend.
The new MCI confidence scale seen beside the MCI graph has been added by WitsView
to help viewers better understand the current TFT LCD market confidence level that
a particular value represents. A flashing light of the current confidence level
has also been added to let viewers immediately grasp the current state. The categorization
was performed mathematically, where the historical MCI dataset was divided into
5 distinct categories. The research results are shown as follows:
WitsView delivers daily MCI at PM6:00 (GMT+8:00) after the close
of each corresponding stock market.
MCI is NOT an underlying index traded in any market; clients who
use MCI as their trading benchmark should judge with their discretion
and take the full responsibility for any loss that incurs. WitsView hereby expressly
disclaims all warranties of originality, accuracy, completeness or fitness for a
particular purpose with respect to any of this information.
WitsView welcomes your valuable comment and opinions regarding the MCI
; you may send your message
to us.
As many of empirical studies discover, share price normally moves ahead of the industry
fundamental. The more transparent the market becomes, the more quickly the information
diffuses and the faster the share price responds to the market.
In order to develop a mutual language among industry participants for effective
communication on industry outlook and market trend, WitsView recently rolled out
MCI to assist marketers in decision making and become a widely
accepted industry reference.
MCI is a weighted average indicator measuring the market performance
of the global listed companies in the TFT-LCD industry. The index was based in Jan.
2003 and consists of the following stocks: Sharp, Japan Display Inc., LG Display, Samsung Electronics,
AU Optronics, Innolux Corporation, Chunghwa Picture Tubes Ltd., and HannStar
Display Corp. BOE Technology Group Co., Ltd.
|
Country |
Company |
Ticker |
Market |
| China |
BOE |
000725 |
CN |
| Japan |
JDI |
6740 |
JP |
|
Japan
|
Sharp |
6753 |
JP |
|
Korea
|
LG Display
|
034220 |
KSE |
|
Korea
|
Samsung Electronics
|
005930 |
KSE |
|
Taiwan
|
AU Optronics Corp. |
2409 |
TW |
|
Taiwan
|
Innolux Corporation
|
3481 |
TW |
|
Taiwan
|
Chunghwa PictureTubes Ltd.
|
2475 |
TW |
|
Taiwan
|
HannStar Display Corporation
|
6116 |
TW |
Remark : Quanta Display Inc. stopped transactions in Taiwan Stock
Exchange Market from Sep. 20, 2006. The consolidation date of the merger with AUO
is set on Oct. 1, 2006 and Quanta Display Inc. has been removed from MCI list from
that day. Japan Display Inc. has been added to MCI list since June, 2014.
MCI is the exclusive property of WitView, which holds the exclusive
title and ownership of the copyrights and intellectual property rights of its content
and trademark. Reproduction of MCI in any form or by any
means
is forbidden without prior written permission. If you're interested in the historical MCI data,
please fill out the
form and we will process your request shortly.