Taiwan's stock exchange combines the world's most important semiconductor manufacturer (TSMC) with major shipping, steel and petrochemical companies. Taiwan sits at the intersection of the WFE semiconductor cycle and global trade flows.
| # | Stock | Signal | Cycle return | Duration | Period |
|---|---|---|---|---|---|
| 1 | TSMC2330.TW | WFE Spend | 80 mnd | 2016-01 → 2022-09 | |
| 2 | Evergreen Marine2603.TW | Baltic Dry / SCFI | 24 mnd | 2020-05 → 2022-05 | |
| 3 | Yang Ming Marine2609.TW | Baltic Dry / SCFI | 24 mnd | 2020-05 → 2022-05 | |
| 4 | MediaTek2454.TW | WFE Spend | 36 mnd | 2019-01 → 2022-01 | |
| 5 | China Steel2002.TW | Steel HRC | 22 mnd | 2015-12 → 2017-10 | |
| 6 | Formosa Plastics1301.TW | Petrochemicals / PMI | 20 mnd | 2016-01 → 2017-09 |
| # | Company | Signal | Return |
|---|---|---|---|
| 1 | TSMC2330.TW | Semicon Capex + AI | |
| 2 | Evergreen Marine2603.TW | SCFI Freight | |
| 3 | Yang Ming Marine2609.TW | SCFI Freight | |
| 4 | MediaTek2454.TW | Smartphone Shipments | |
| 5 | China Steel2002.TW | HRC Steel | |
| 6 | Formosa Plastics1301.TW | PMI + PVC Spread |