United Competitors
| 2404 Stock | TWD 408.50 3.50 0.85% |
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United Integrated Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between United Integrated 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 Integrated does not affect the price movement of the other competitor.
| -0.09 | 0.58 | -0.15 | 0.09 | 8341 | ||
| -0.09 | -0.37 | 0.78 | 0.2 | 9917 | ||
| 0.58 | -0.37 | -0.17 | 0.43 | 1232 | ||
| -0.15 | 0.78 | -0.17 | 0.61 | 6803 | ||
| 0.09 | 0.2 | 0.43 | 0.61 | 9941 | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between United Stock performing well and United Integrated 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 Integrated's 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 8341 | 1.34 | (0.07) | 0.00 | 0.78 | 0.00 | 3.22 | 10.46 | |||
| 9917 | 0.94 | (0.14) | 0.00 | (0.37) | 0.00 | 1.46 | 5.36 | |||
| 1232 | 0.68 | (0.02) | (0.09) | (0.03) | 0.92 | 1.38 | 6.94 | |||
| 6803 | 0.36 | (0.10) | 0.00 | 2.80 | 0.00 | 0.54 | 2.39 | |||
| 9941 | 1.15 | (0.26) | 0.00 | 1.22 | 0.00 | 2.10 | 12.79 |
United Integrated Competitive Analysis
The better you understand United Integrated competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, United Integrated's 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 Integrated's 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 Integrated Competition Performance Charts
Five steps to successful analysis of United Integrated Competition
United Integrated's 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 Integrated in relation to its competition. United Integrated's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of United Integrated 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 Integrated's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to United Integrated, 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 Integrated position
In addition to having United Integrated 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?
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Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 40 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 Long Short Funds Theme or any other thematic opportunities.
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Additional Tools for United Stock Analysis
When running United Integrated's price analysis, check to measure United Integrated's 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 Integrated is operating at the current time. Most of United Integrated's value examination focuses on studying past and present price action to predict the probability of United Integrated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Integrated's price. Additionally, you may evaluate how the addition of United Integrated to your portfolios can decrease your overall portfolio volatility.