Apr 2023 Theme Wrap — The Monthly Theme Map
20 trading days · 92 recurring themes · top 15 themes — most persistent is Rare Earths & Rare Metals at 7 days (monthly avg. +8.4%). Best single day this month: Apr 10, +19.6%.
Average change over the period
Rare Earths & Rare Metals led April 2023 for staying power, with 7 strong days between Apr 3 and Apr 28. Its best day came on Apr 25, with a move of 12.44%.
Battery had the month’s highest average change, at 15.96%, across 6 strong days. Its best session, on Apr 10, brought a move of 19.55%.
Lithium, Defense & War and OLED Displays also logged 6 strong days each. Auto Parts stood out with an average change of 11.4% over just 4 strong days.
92 themes recurred this month.
Monthly Theme Ranking
| Theme | Days strong | Monthly avg. | Best day | Leader |
|---|---|---|---|---|
| Rare Earths & Rare Metals | 7d | +8.4% | 2023-04-25 (+12.4%) | Novatech, Samwha Electronics, Union |
| Battery | 6d | +16.0% | 2023-04-10 (+19.6%) | Aekyung Chemical, Ecopro, INNOXCorporation |
| Lithium | 6d | +9.7% | 2023-04-03 (+16.4%) | Kwangmu, Aptn, Ev Advanced Material |
| Defense & War | 6d | +7.4% | 2023-04-17 (+9.4%) | STX, S Connect, Woori Technology, Incorporation |
| OLED Displays | 6d | +7.1% | 2023-04-12 (+9.3%) | Duksan Techopia, Dit, Sunic System |
| Metals (Non-Ferrous) | 5d | +8.4% | 2023-04-14 (+10.9%) | Sama Aluminium, Leeku Industrial, Posco M-tech |
| Pharma | 5d | +6.3% | 2023-04-04 (+7.9%) | GC WellBeing, Vivozon Pharmaceutical, Theragen Etex |
| Mpox | 5d | +5.1% | 2023-04-14 (+9.8%) | Osangjaiel, Genematrix, Kespion |
| Biosimilars | 5d | +4.8% | 2023-04-04 (+9.1%) | LG Chem, SunBio, Alteogen |
| Car Majors | 5d | +3.1% | 2023-04-11 (+6.2%) | HL Mando, Hanon Systems, Hyundai Wia |
| Shipbuilding | 5d | +2.4% | 2023-04-19 (+3.2%) | HD Hyundai Heavy Industries, HJ Shipbuilding & Construction, Samsung Heavy Industries |
| Auto Parts | 4d | +11.4% | 2023-04-12 (+15.1%) | KB Autosys, Union Materials, Taeyang Metal Industrial |
| EV | 4d | +8.8% | 2023-04-27 (+11.9%) | HT Robotics, Global SM Tech, Samwha Electronics |
| Semiconductor Materials & Components | 4d | +7.4% | 2023-04-11 (+11.5%) | Duksan Techopia, Lake Materials, Ji-tech |
| Solar | 4d | +5.0% | 2023-04-24 (+9.7%) | KC Cottrell, Lake Materials, KolonGlobal |
What to Watch Next Month
Pharma, Biosimilars, Car Majors and Defense & War ended April marked as continuing runs. The next test is whether those streaks carry into May.
Most other themes, from Battery to Solar, were marked as recurring. EV had its best day late in the month, on Apr 27, at 11.95%.
Theme heatmap
| 04-03 | 04-04 | 04-05 | 04-06 | 04-07 | 04-10 | 04-11 | 04-12 | 04-13 | 04-14 | 04-17 | 04-18 | 04-19 | 04-20 | 04-21 | 04-24 | 04-25 | 04-26 | 04-27 | 04-28 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rare Earths & Rare Metals | +5.0 | +11.9 | +9.2 | +7.9 | +7.0 | +12.4 | +5.2 | |||||||||||||
| Battery | +19.0 | +14.6 | +19.6 | +14.1 | +18.0 | +10.6 | ||||||||||||||
| Lithium | +16.4 | +8.5 | +8.5 | +11.8 | +8.6 | +4.5 | ||||||||||||||
| Defense & War | +6.9 | +9.4 | +6.0 | +9.0 | +4.3 | +8.6 | ||||||||||||||
| OLED Displays | +5.2 | +9.2 | +5.7 | +9.3 | +5.8 | +7.6 | ||||||||||||||
| Metals (Non-Ferrous) | +9.6 | +5.2 | +10.9 | +6.0 | +10.2 | |||||||||||||||
| Pharma | +7.9 | +6.8 | +5.0 | +6.0 | +5.6 | |||||||||||||||
| Mpox | +2.0 | +9.8 | +6.8 | +1.3 | +5.4 | |||||||||||||||
| Biosimilars | +9.1 | +3.7 | +4.1 | +3.3 | +3.9 | |||||||||||||||
| Car Majors | +1.5 | +6.2 | +3.0 | +2.5 | +2.2 | |||||||||||||||
| Shipbuilding | +1.8 | +2.7 | +3.2 | +1.8 | +2.3 | |||||||||||||||
| Auto Parts | +13.7 | +15.1 | +9.6 | +7.2 | ||||||||||||||||
| EV | +8.5 | +8.8 | +6.2 | +11.9 | ||||||||||||||||
| Semiconductor Materials & Components | +10.5 | +11.5 | +4.4 | +3.2 | ||||||||||||||||
| Solar | +2.8 | +3.5 | +3.9 | +9.7 |