United Stock Analysis

UMC -  USA Stock  

USD 9.16  0.48  4.98%

The current price rise of United Microelectronics created some momentum for investors as it was traded today as low as 9.15 and as high as 9.41 per share. The company executives may have good odds in positioning the company resources to exploit market volatility in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.12. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the United Microelectronics partners.
Also, please take a look at World Market Map.

Search Stock Analysis 

 
Refresh
The United Microelectronics stock analysis report makes it easy to digest most publicly released information about United Microelectronics and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. United stock analysis module also helps to analyze the United Microelectronics price relationship with some important fundamental indicators such as market cap and management efficiency.

United Stock Analysis Notes

The company has Price to Book (P/B) ratio of 0.09. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. United Microelectronics has Price/Earnings To Growth (PEG) ratio of 0.74. The entity next dividend is scheduled to be issued on the 14th of July 2020. The firm had 1045:1000 split on the 8th of August 2008. United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan. United Microelectronics operates under Semiconductors classification in the United States and is traded on New York Stock Exchange. For more information please call Bowen Yan at 886 3 578 2258 or visit http://www.umc.com.

United Microelectronics Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. United Microelectronics' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding United Microelectronics Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
United Microelectronics appears to be risky and price may revert if volatility continues
Latest headline from www.taipeitimes.com: Taiwan shares close lower ahead of US Fed meeting - Taipei Times

United Microelectronics Thematic Classifications

In addition to having United Microelectronics stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Semiconductor IdeaSemiconductor
Semiconductor materials and production

United Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as United Microelectronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading United Microelectronics Corp backward and forwards among themselves. United Microelectronics' institutional investor refers to the entity that pools money to purchase United Microelectronics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Vanguard Group IncCommon Shares19.1 M174.2 M
Renaissance Technologies LlcCommon Shares14.1 M128.7 M
Blackrock IncCommon Shares7.4 M67 M
Acadian Asset Management LlcCommon Shares5.8 M52.7 M
Northern Trust CorpCommon Shares5.8 M52.6 M
Credit Suisse Ag 1Common Shares5.4 M49 M
Parametric Portfolio Associates LlcCommon Shares4.2 M38.6 M
Group One Trading LpCall Options1.2 M11.1 M
Parallax Volatility Advisers LpPut Options887.9 K8.1 M
Note, although United Microelectronics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

United Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 23.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate United Microelectronics's market, we take the total number of its shares issued and multiply it by United Microelectronics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

United Profitablity

United Microelectronics' profitability indicators refer to fundamental financial ratios that showcase United Microelectronics' ability to generate income relative to its revenue or operating costs. If, let's say, United Microelectronics is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, United Microelectronics' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of United Microelectronics' profitability requires more research than a typical breakdown of United Microelectronics' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 20.59 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 39.2 %, which entails that for every 100 dollars of revenue, it generated 0.39 of operating income.

Management Efficiency

The entity has Return on Asset of 4.15 % which means that on every $100 spent on asset, it made $4.15 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 15.57 %, implying that it generated $15.57 on every 100 dollars invested. United Microelectronics management efficiency ratios could be used to measure how well united microelectronics manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 19th of June, United Microelectronics has the Semi Deviation of 2.84, risk adjusted performance of 0.1475, and Coefficient Of Variation of 766.81. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of United Microelectronics, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have collected data for nineteen technical drivers for United Microelectronics Corp, which can be compared to its competition. Please validate United Microelectronics jensen alpha, as well as the relationship between the potential upside and skewness to decide if United Microelectronics is priced more or less accurately, providing market reflects its prevalent price of 9.16 per share. Given that United Microelectronics has jensen alpha of 0.5542, we advise you to double-check United Microelectronics Corp's current market performance to make sure the company can sustain itself at a future point.

United Microelectronics Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of two hundred thirty. View also all equity analysis or get more info about mavp overlap studies indicator.

United Microelectronics Technical and Predictive Indicators

United Microelectronics Forecast Models

United Microelectronics time-series forecasting models is one of many United Microelectronics' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary United Microelectronics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About United Microelectronics Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how United Microelectronics stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling United shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as United Microelectronics. By using and applying United Stock analysis, traders can create a robust methodology for identifying United entry and exit points for their positions.
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan. United Microelectronics operates under Semiconductors classification in the United States and is traded on New York Stock Exchange.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding United Microelectronics to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module
Also, please take a look at World Market Map. Note that the United Microelectronics information on this page should be used as a complementary analysis to other United Microelectronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for United Microelectronics 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 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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
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 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 United Microelectronics value 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.