United Microelectronics Stock Price on February 5, 2024
| UMC Stock | USD 8.39 0.02 0.24% |
Below is the normalized historical share price chart for United Microelectronics extending back to September 19, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of United Microelectronics stands at 8.39, as last reported on the 8th of June, with the highest price reaching 8.46 and the lowest price hitting 8.31 during the day.
If you're considering investing in United Stock, it is important to understand the factors that can impact its price. We consider United Microelectronics not too volatile. United Microelectronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0318, which indicates the firm had a 0.0318% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for United Microelectronics, which you can use to evaluate the volatility of the company. Please validate United Microelectronics' Risk Adjusted Performance of 0.0433, semi deviation of 1.5, and Coefficient Of Variation of 1689.74 to confirm if the risk estimate we provide is consistent with the expected return of 0.0549%.
At present, United Microelectronics' Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 1.1 B, whereas Total Stockholder Equity is forecasted to decline to about 253.7 B. . At present, United Microelectronics' Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 9.38, whereas Price Earnings To Growth Ratio is projected to grow to (1.68). United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of September 2000 | 200 Day MA 7.7614 | 50 Day MA 8.0864 | Beta 1.188 |
United |
Sharpe Ratio = 0.0318
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| Cash | Small Risk | UMC | High Risk | Huge Risk |
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Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average United Microelectronics is performing at about 2% of its full potential. 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 it to a well-diversified portfolio.
Price Book 1.7902 | Enterprise Value Ebitda 0.1592 | Price Sales 0.092 | Shares Float 11.3 B | Dividend Share 3 |
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United Microelectronics Valuation on February 5, 2024
It is possible to determine the worth of United Microelectronics on a given historical date. On February 5, 2024 United was worth 7.62 at the beginning of the trading date compared to the closed value of 7.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Microelectronics stock. Still, in general, we apply an absolute valuation method to find United Microelectronics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of United Microelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Microelectronics' related companies.
| Open | High | Low | Close | Volume | |
| 7.67 | 7.69 | 7.55 | 7.62 | 9,876,376 | |
02/05/2024 | 7.62 | 7.69 | 7.58 | 7.67 | 5,474,532 |
| 7.78 | 7.79 | 7.61 | 7.67 | 5,893,024 |
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United Microelectronics Trading Date Momentum on February 5, 2024
| On February 06 2024 United Microelectronics was traded for 7.67 at the closing time. Highest United Microelectronics's price during the trading hours was 7.79 and the lowest price during the day was 7.61 . The net volume was 5.9 M. The overall trading history on the 6th of February did not result in any price rise and fall. The trading price change to current price is 3.39% . |
United Microelectronics Fundamentals Correlations and Trends
By evaluating United Microelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among United Microelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United Microelectronics Stock history
United Microelectronics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United Microelectronics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing United Microelectronics stock prices may prove useful in developing a viable investing in United Microelectronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.6 B | 13.2 B | |
| Net Income Applicable To Common Shares | 100.3 B | 105.3 B |
United Microelectronics Quarterly Net Working Capital |
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United Microelectronics Stock Technical Analysis
United Microelectronics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
United Microelectronics Period Price Range
Low | February 5, 2024
| High |
7.62 | 7.67 |
United Microelectronics June 8, 2024 Market Strength
Market strength indicators help investors to evaluate how United Microelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Microelectronics shares will generate the highest return on investment. By undertsting and applying United Microelectronics stock market strength indicators, traders can identify United Microelectronics entry and exit signals to maximize returns
| Accumulation Distribution | 78309.3 | |||
| Daily Balance Of Power | 0.4545 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 7.64 | |||
| Day Typical Price | 7.65 | |||
| Price Action Indicator | 0.06 | |||
| Period Momentum Indicator | 0.72 |
United Microelectronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United Microelectronics' price direction in advance. Along with the technical and fundamental analysis of United Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of United to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0433 | |||
| Jensen Alpha | 0.0851 | |||
| Total Risk Alpha | 0.0732 | |||
| Sortino Ratio | 0.0524 | |||
| Treynor Ratio | 0.0751 |
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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.
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