United Competitors
| UMC Stock | USD 7.70 0.10 1.32% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of United Microelectronics competition on your existing holdings.
United |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of United Microelectronics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
United Microelectronics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between United Microelectronics and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of United and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of United Microelectronics does not affect the price movement of the other competitor.
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between United Stock performing well and United Microelectronics Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze United Microelectronics' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SIMO | 1.22 | 0.10 | 0.07 | 0.18 | 1.36 | 2.64 | 6.83 | |||
| ASX | 1.66 | 0.04 | 0.05 | 0.11 | 1.66 | 3.37 | 13.67 | |||
| IMOS | 1.35 | (0.06) | (0.03) | 0.03 | 1.62 | 3.60 | 10.13 | |||
| LEDS | 4.40 | 0.48 | 0.09 | 0.71 | 4.93 | 12.88 | 52.73 | |||
| HIMX | 1.65 | (0.42) | 0.00 | (0.22) | 0.00 | 2.80 | 10.46 | |||
| MXL | 2.60 | (0.16) | 0.00 | (0.04) | 0.00 | 4.85 | 15.20 | |||
| AMD | 2.34 | (0.33) | 0.00 | (0.09) | 0.00 | 5.25 | 18.96 | |||
| INTC | 1.86 | (0.57) | 0.00 | (0.48) | 0.00 | 3.13 | 13.31 | |||
| MU | 2.14 | 0.29 | 0.13 | 0.27 | 2.16 | 5.43 | 18.73 |
Cross Equities Net Income Analysis
Compare United Microelectronics and related stocks such as Silicon Motion Technology, ASE Industrial Holding, and ChipMOS Technologies Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SIMO | (12.5 M) | 41.5 M | 47.2 M | 27.4 M | 44.3 M | 60.3 M | 110.9 M | 75 M | 100.3 M | 64.4 M | 79.7 M | 200 M | 172.5 M | 53 M | 58.7 M |
| ASX | 7.9 B | 13.7 B | 13.1 B | 16.3 B | 23.6 B | 19.1 B | 21.7 B | 23 B | 25.3 B | 16.9 B | 27 B | 60.2 B | 61.5 B | 31.7 B | 18.8 B |
| IMOS | 361.9 M | 361.9 M | 1.1 B | 2.3 B | 3.3 B | 2.2 B | 1.7 B | 3 B | 1.1 B | 2.6 B | 2.4 B | 4.9 B | 3.4 B | 2 B | 2.6 B |
| LEDS | (814 K) | (49.5 M) | (43.7 M) | (24.5 M) | (13.3 M) | (21.3 M) | (4.1 M) | (3 M) | (2.9 M) | 1.6 M | (1.7 M) | (1.8 M) | (2.7 M) | (3.1 M) | (3.2 M) |
| HIMX | 513 K | 10.7 M | 51.2 M | 61.5 M | 66.6 M | 25.2 M | 50.9 M | 28 M | 8.6 M | (16.2 M) | 47.1 M | 436.9 M | 237 M | 50.6 M | 74.6 M |
| MXL | (8.7 M) | (22 M) | (13.3 M) | (12.7 M) | (7 M) | (42.3 M) | 61.3 M | (9.2 M) | (26.2 M) | (19.9 M) | (98.6 M) | 42 M | 125 M | (73.1 M) | (69.5 M) |
| AMD | (36.6 M) | 491 M | (1.2 B) | (83 M) | (403 M) | (660 M) | (487 M) | 43 M | 337 M | 341 M | 2.5 B | 3.2 B | 1.3 B | 854 M | 896.7 M |
| INTC | 1.6 M | 12.9 B | 11 B | 9.6 B | 11.7 B | 11.4 B | 10.3 B | 9.6 B | 21.1 B | 21 B | 20.9 B | 19.9 B | 8 B | 1.7 B | 1.6 B |
| MU | 200 K | (1 B) | 1.2 B | 3 B | 2.9 B | (276 M) | 5.1 B | 14.1 B | 6.3 B | 2.7 B | 5.9 B | 8.7 B | (5.8 B) | (6.7 B) | (6.4 B) |
| NVDA | 4.1 M | 581.1 M | 562.5 M | 440 M | 630.6 M | 614 M | 1.7 B | 3 B | 4.1 B | 2.8 B | 4.3 B | 9.8 B | 4.4 B | 29.8 B | 31.2 B |
| MRVL | (415.2 M) | 615.1 M | 306.6 M | 324.8 M | 435.3 M | (811.4 M) | 21.2 M | 520.8 M | (179.1 M) | 1.6 B | (277.3 M) | (421 M) | (163.5 M) | (933.4 M) | (886.7 M) |
| WKEY | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (35.9 M) | (24.3 M) | (16.3 M) | (23 M) | (28.9 M) | (24.1 M) | 5.8 M | 6.6 M | 7 M |
United Microelectronics and related stocks such as Silicon Motion Technology, ASE Industrial Holding, and ChipMOS Technologies Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in United Microelectronics financial statement analysis. It represents the amount of money remaining after all of United Microelectronics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.United Microelectronics Competitive Analysis
The better you understand United Microelectronics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, United Microelectronics' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across United Microelectronics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
United Microelectronics Competition Performance Charts
Five steps to successful analysis of United Microelectronics Competition
United Microelectronics' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by United Microelectronics in relation to its competition. United Microelectronics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of United Microelectronics in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact United Microelectronics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to United Microelectronics, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your United Microelectronics position
In addition to having United Microelectronics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Technology Thematic Idea Now
Technology
Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. The Technology theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Technology Theme or any other thematic opportunities.
| View All Next | Launch |
Check out United Microelectronics Correlation with its peers. For information on how to trade United Stock refer to our How to Trade United Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for United Stock analysis
When running United Microelectronics' price analysis, check to measure United Microelectronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Microelectronics is operating at the current time. Most of United Microelectronics' value examination focuses on studying past and present price action to predict the probability of United Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Microelectronics' price. Additionally, you may evaluate how the addition of United Microelectronics to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
Is United Microelectronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Microelectronics. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Microelectronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 3 | Earnings Share 0.74 | Revenue Per Share 89.94 | Quarterly Revenue Growth (0.19) |
The market value of United Microelectronics is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Microelectronics' value that differs from its market value or its book value, called intrinsic value, which is United Microelectronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Microelectronics' market value can be influenced by many factors that don't directly affect United Microelectronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Microelectronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.