LEDX has been discontinued effective February 24th, 2014

Chip LEDX

Chip LEDX : 2100 Change : -35.4 (-1.66%) MA 20 : 2336 MA 60 : 2336 Oct.17, 2014

Package LEDX

Chip LEDX : 3556.3 Change : -98.7 (-2.70%) MA 20 : 3974 MA 60 : 3974 Oct.17, 2014

What is LEDX?
Produced by LEDinside, LEDX is an indicator for tracing LED industry. Rising with the subject on environmental protection, eco-friendly LED lamps have been applied to infrastructures in many countries. LED products show a great market growth, while its applications continue to expand even greater. In view of this, there should be a positive trend in a long run for this industry. To approach the LED market trend closely, LEDinside releases LEDX to observe how LED industry is viewed in the market. For the convenience in analyzing the change in industry structure, LEDX is divided into two indices, LED chip & package - LEDX, to be a reference for market participants.

How is LEDX conducted?
The empirical studies tell a rule that stock price is the foundamental leading index. LEDX is calculated by the changes between stock price and sales revenue of each LED company, which the concept is conducted similarily with that of the index fund. LEDX is a weighted average indicator, measuring the market performance of the Taiwan's listed companies in LED industry, and is used to represent LED market value. Through the performance of the market value, changes in the basis of LED industry can be easily observed.

Most of the operation model of LED companies from Europe, the United States, Japan, Korea, and other countries are operated from upstream LED chip and integrated to downstream LED package, some even to the final product (lamp). Therefore, LEDinside chose Taiwan LED companies that are have clear industry stratification to produce the LEDX index. LEDX index is then divided into Chip-LEDX and Package-LEDX, both used to observe the alteration between the upstream and downstream industry.

The index consists of the following stocks:

Disclaimer
LEDX is only for your reference in analyzing the LED industry trend but does not belong to any traded fund in any market. Investors who make any investment decision depend on it should take whole responsibility in any loss. LEDinside doesn’t guarantee the information accuracy with respect to particular use in LEDX.