Jan 2024 Theme Wrap — The Monthly Theme Map
22 trading days · 105 recurring themes · top 15 themes — most persistent is Semiconductor Equipment at 8 days (monthly avg. +9.9%). Best single day this month: Jan 15, +16.7%.
Average change over the period
In January 2024, Semiconductor Equipment and AI & Robotics led the board, each strong on 8 days. Semiconductor Equipment averaged a change of 9.93%, peaking on Jan 22.
The highest average belonged to ChatGPT & AI Chatbots at 11.92%, with a best day of 15.71% on Jan 8. Natural Gas Utilities posted the single biggest jump, 16.74% on Jan 15.
Chip themes clustered on Jan 22, when Semiconductor Equipment, Semiconductor Materials & Components and HBM (High Bandwidth Memory) all hit their best day.
105 themes recurred this month.
Monthly Theme Ranking
| Theme | Days strong | Monthly avg. | Best day | Leader |
|---|---|---|---|---|
| Semiconductor Equipment | 8d | +9.9% | 2024-01-22 (+14.9%) | Neosem, Koses, Techwing |
| AI & Robotics | 8d | +7.4% | 2024-01-05 (+12.4%) | KAON Group, Robostar, Everybot |
| Defense & War | 7d | +5.0% | 2024-01-17 (+10.3%) | Victek, Speco, B.U Technology |
| Semiconductor Materials & Components | 6d | +6.6% | 2024-01-22 (+10.4%) | LTC, OKins Electronics, Welkeeps Hitech |
| Shipping | 6d | +6.2% | 2024-01-04 (+10.3%) | Korea Line, Heung-a Shipping |
| On-Device AI | 6d | +4.9% | 2024-01-02 (+10.0%) | Jeju Semiconductor, Quality Reliability Technology |
| HBM (High Bandwidth Memory) | 6d | +4.9% | 2024-01-22 (+7.7%) | Imt, Auros Technology, Zeus |
| Oil Refining | 6d | +2.3% | 2024-01-09 (+3.0%) | GS Holdings, SK Innovation |
| ChatGPT & AI Chatbots | 5d | +11.9% | 2024-01-08 (+15.7%) | VAIV company, ESTsoft, Flitto |
| Metaverse & VR | 5d | +8.7% | 2024-01-26 (+11.1%) | NEWFLEXTECHNOLGYCo, Daesung Private Equity, Elentec |
| System Semiconductors | 5d | +8.3% | 2024-01-25 (+11.5%) | Gaonchips, Makus, Zaram Technology |
| Natural Gas Utilities | 5d | +6.6% | 2024-01-15 (+16.7%) | Daesung Energy, Gse, KoreaGas |
| LPG (Liquefied Petroleum Gas) | 5d | +4.6% | 2024-01-04 (+10.0%) | GS Holdings, Joong Ang Enervis, HeunguOil |
| Life Insurance | 5d | +3.6% | 2024-01-30 (+6.6%) | MIRAE ASSET Life Insurance, Samsung Life Insurance, Hanwha Life Insurance |
| Property & Casualty Insurance | 5d | +2.8% | 2024-01-30 (+4.5%) | DB Insurance, Heungkuk Fire & Marine Insurance |
What to Watch Next Month
Five themes closed January tagged running, among them Semiconductor Equipment and Defense & War. Whether those runs extend into February is the next thing the data will show.
Insurance moved late in the month: Life Insurance hit 6.62% and Property & Casualty Insurance 4.49%, both on Jan 30. Their next sessions will show if that late move holds.
Theme heatmap
| 01-02 | 01-03 | 01-04 | 01-05 | 01-08 | 01-09 | 01-10 | 01-11 | 01-12 | 01-15 | 01-16 | 01-17 | 01-18 | 01-19 | 01-22 | 01-23 | 01-24 | 01-25 | 01-26 | 01-29 | 01-30 | 01-31 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Semiconductor Equipment | +10.4 | +7.5 | +7.1 | +5.0 | +10.4 | +14.9 | +11.3 | +12.8 | ||||||||||||||
| AI & Robotics | +12.4 | +11.6 | +5.9 | +4.3 | +5.1 | +7.7 | +6.0 | +6.4 | ||||||||||||||
| Defense & War | +3.8 | +2.1 | +6.5 | +2.8 | +5.0 | +10.3 | +4.4 | |||||||||||||||
| Semiconductor Materials & Components | +3.0 | +6.8 | +3.7 | +9.2 | +10.4 | +6.4 | ||||||||||||||||
| Shipping | +1.7 | +10.3 | +2.7 | +10.2 | +4.3 | +7.9 | ||||||||||||||||
| On-Device AI | +10.0 | +4.0 | +2.1 | +4.9 | +7.0 | +1.6 | ||||||||||||||||
| HBM (High Bandwidth Memory) | +4.9 | +1.7 | +2.8 | +7.7 | +6.3 | +6.1 | ||||||||||||||||
| Oil Refining | +2.5 | +3.0 | +1.9 | +1.7 | +2.5 | +2.2 | ||||||||||||||||
| ChatGPT & AI Chatbots | +14.1 | +15.7 | +12.9 | +8.9 | +8.1 | |||||||||||||||||
| Metaverse & VR | +8.7 | +10.8 | +6.3 | +6.6 | +11.1 | |||||||||||||||||
| System Semiconductors | +5.6 | +3.7 | +9.2 | +11.4 | +11.5 | |||||||||||||||||
| Natural Gas Utilities | +1.3 | +6.4 | +16.7 | +3.6 | +4.9 | |||||||||||||||||
| LPG (Liquefied Petroleum Gas) | +10.0 | +5.3 | +1.7 | +4.1 | +1.9 | |||||||||||||||||
| Life Insurance | +3.1 | +1.2 | +4.8 | +6.6 | +2.4 | |||||||||||||||||
| Property & Casualty Insurance | +1.8 | +1.1 | +3.5 | +4.5 | +2.9 |