United Microelectronics Stock Performance
| UMC Stock | USD 7.40 0.13 1.73% |
The entity has a beta of 1.49, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, United Microelectronics will likely underperform. United Microelectronics has an expected return of -0.13%. Please make sure to validate United Microelectronics maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if United Microelectronics performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days United Microelectronics has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's primary indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
Actual Historical Performance (%)
One Day Return (0.79) | Five Day Return (7.04) | Year To Date Return (9.06) | Ten Year Return 255.19 | All Time Return (49.40) |
Forward Dividend Yield 0.0759 | Payout Ratio 0.7418 | Last Split Factor 1045:1000 | Forward Dividend Rate 0.58 | Dividend Date 2023-07-26 |
1 | United Microelectronics Corporation Q4 2023 Earnings Call Transcript | 02/01/2024 |
2 | Chinese chip maker cleared of spying charges in US criminal trade secrets case | 02/27/2024 |
3 | Finding the Next Big Winners 7 Stocks You Can Snag for Under 10 | 03/20/2024 |
4 | United Microelectronics Corporation Outpaces Stock Market Gains What You Should Know - Yahoo Movies Canada | 03/28/2024 |
5 | Taiwanese Chipmaker UMC Teams Up With Intel To Boost Chip Production In US | 04/02/2024 |
6 | TSMC Evacuates Production Lines After Major Taiwan Quake | 04/03/2024 |
7 | TSMC Resumes Operations Day After Deadly Quake | 04/04/2024 |
8 | United Microelectronics shareholders have earned a 40 percent CAGR over the last five years | 04/08/2024 |
9 | Investigating NVIDIAs Standing In Semiconductors Semiconductor Equipment Industry Compared To Competitors | 04/12/2024 |
10 | Malaysia wants to benefit from chip companies trying to diversify their supply chains There is enough growth that will go around | 04/18/2024 |
| Begin Period Cash Flow | 173.8 B |
United |
United Microelectronics Relative Risk vs. Return Landscape
If you would invest 810.00 in United Microelectronics on January 20, 2024 and sell it today you would lose (70.00) from holding United Microelectronics or give up 8.64% of portfolio value over 90 days. United Microelectronics is generating negative expected returns assuming volatility of 1.733% on return distribution over 90 days investment horizon. In other words, 15% of stocks are less volatile than United, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
United Microelectronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Microelectronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as United Microelectronics, and traders can use it to determine the average amount a United Microelectronics' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0742
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| Negative Returns | UMC |
Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average United Microelectronics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of United Microelectronics by adding United Microelectronics to a well-diversified portfolio.
United Microelectronics Fundamentals Growth
United Stock prices reflect investors' perceptions of the future prospects and financial health of United Microelectronics, and United Microelectronics fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on United Stock performance.
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.066 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 30.73 B | ||||
| Shares Outstanding | 2.51 B | ||||
| Price To Earning | 13.43 X | ||||
| Price To Book | 1.79 X | ||||
| Price To Sales | 0.09 X | ||||
| Revenue | 222.53 B | ||||
| Gross Profit | 125.76 B | ||||
| EBITDA | 94.17 B | ||||
| Net Income | 60.99 B | ||||
| Cash And Equivalents | 131.39 B | ||||
| Cash Per Share | 76.31 X | ||||
| Total Debt | 80.17 B | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 2.02 X | ||||
| Book Value Per Share | 28.67 X | ||||
| Cash Flow From Operations | 86 B | ||||
| Earnings Per Share | 0.74 X | ||||
| Market Capitalization | 19.21 B | ||||
| Total Asset | 559.19 B | ||||
| Retained Earnings | 187.25 B | ||||
| Working Capital | 143.81 B | ||||
| Current Asset | 94.82 B | ||||
| Current Liabilities | 49.49 B | ||||
About United Microelectronics Performance
To evaluate United Microelectronics Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when United Microelectronics generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare United Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand United Microelectronics market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents United's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 88.20 | 92.61 | |
| Return On Tangible Assets | 0.11 | 0.11 | |
| Return On Capital Employed | 0.12 | 0.12 | |
| Return On Assets | 0.11 | 0.11 | |
| Return On Equity | 0.17 | 0.18 |
Things to note about United Microelectronics performance evaluation
Checking the ongoing alerts about United Microelectronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for United Microelectronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| United Microelectronics generated a negative expected return over the last 90 days | |
| United Microelectronics is unlikely to experience financial distress in the next 2 years | |
| United Microelectronics has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Malaysia wants to benefit from chip companies trying to diversify their supply chains There is enough growth that will go around |
- Analyzing United Microelectronics' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether United Microelectronics' stock is overvalued or undervalued compared to its peers.
- Examining United Microelectronics' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating United Microelectronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of United Microelectronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of United Microelectronics' stock. These opinions can provide insight into United Microelectronics' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Microelectronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade United Stock refer to our How to Trade United Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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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.
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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.