Universal Competitors
| UEIC Stock | USD 4.20 0.21 5.26% |
Universal Electronics vs Aware Correlation
Excellent diversification
The correlation between Universal Electronics and AWRE is -0.66 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Universal Electronics and AWRE in the same portfolio, assuming nothing else is changed.
Moving against Universal Stock
| 0.79 | SONY | Sony Group Corp Earnings Call This Week | PairCorr |
| 0.73 | 5HS | FRACTAL GAMING GROUP | PairCorr |
| 0.68 | BIG | BigBen Interactive | PairCorr |
| 0.65 | GPRO | GoPro Inc | PairCorr |
| 0.55 | ALVG | VEOM Group SA | PairCorr |
Universal Electronics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Universal Electronics 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 Universal 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 Universal Electronics does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Universal Stock performing well and Universal Electronics 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 Universal Electronics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PHUN | 2.72 | (0.58) | 0.00 | (0.21) | 0.00 | 5.95 | 13.43 | |||
| SURG | 4.26 | (1.20) | 0.00 | (3.51) | 0.00 | 11.49 | 52.00 | |||
| AIRG | 2.38 | 0.29 | 0.06 | 1.86 | 3.44 | 6.88 | 22.68 | |||
| MOB | 6.55 | (0.12) | 0.01 | 0.04 | 7.88 | 11.31 | 34.44 | |||
| KPLT | 3.13 | (0.73) | 0.00 | (1.05) | 0.00 | 5.04 | 37.80 | |||
| ODYS | 3.86 | 1.29 | 0.34 | (16.14) | 3.02 | 14.13 | 25.92 | |||
| NEON | 2.85 | (0.82) | 0.00 | (0.26) | 0.00 | 5.58 | 17.73 | |||
| NOTE | 4.35 | (1.99) | 0.00 | (0.53) | 0.00 | 6.98 | 18.07 | |||
| AWRE | 1.97 | (0.44) | 0.00 | (0.28) | 0.00 | 4.10 | 14.94 |
Cross Equities Net Income Analysis
Compare Universal Electronics and related stocks such as Phunware, Surgepays, and Airgain Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PHUN | (90.2 K) | (90.2 K) | (90.2 K) | (90.2 K) | (90.2 K) | (90.2 K) | (90.2 K) | (25.9 M) | (9.8 M) | (12.9 M) | (22.2 M) | (53.5 M) | (50.9 M) | (52.8 M) | (10.3 M) | (9.3 M) | (9.7 M) |
| SURG | (20.5 K) | (655.4 K) | (655.4 K) | (62.3 K) | 33.3 K | (1.3 M) | (4.6 M) | (2 M) | (1.5 M) | (8.4 M) | (10.7 M) | (13.5 M) | (680.8 K) | 20.6 M | (45.7 M) | (41.2 M) | (39.1 M) |
| AIRG | (3.2 M) | (3.2 M) | (3.2 M) | (2.3 M) | 3.6 M | (270.3 K) | 3.7 M | 1.1 M | (2.6 M) | 926 K | (3.3 M) | (10.1 M) | (8.7 M) | (12.4 M) | (8.7 M) | (7.8 M) | (7.4 M) |
| MOB | (6.1 M) | (6.1 M) | (6.1 M) | (6.1 M) | (6.1 M) | (6.1 M) | (6.1 M) | (6.1 M) | (2.4 M) | (2.5 M) | (1.9 M) | (2 M) | (341.5 K) | (4.6 M) | (8 M) | (7.2 M) | (6.8 M) |
| KPLT | (23.5 M) | (23.5 M) | (23.5 M) | (23.5 M) | (23.5 M) | (23.5 M) | (23.5 M) | (23.5 M) | (23.5 M) | (18.8 M) | 22.5 M | 21.2 M | (40.5 M) | (36.7 M) | (25.9 M) | (23.3 M) | (22.2 M) |
| NEON | 500 K | (17.1 M) | (9.3 M) | (13.1 M) | (14.2 M) | (7.8 M) | (5.3 M) | (4.7 M) | (3.1 M) | (5.3 M) | (5.6 M) | (6.5 M) | (4.9 M) | (10.1 M) | (6.5 M) | (5.8 M) | (6.1 M) |
| NOTE | (33.3 M) | (33.3 M) | (33.3 M) | (33.3 M) | (33.3 M) | (33.3 M) | (33.3 M) | (33.3 M) | (33.3 M) | (33.3 M) | (51.3 M) | (109.4 M) | (218.3 M) | (115.5 M) | 9.5 M | 8.6 M | 9 M |
| AWRE | (300 K) | 2.6 M | 72.3 M | 2.6 M | 4.6 M | 4.6 M | 4.1 M | 1.3 M | 1.2 M | (8.3 M) | (7.6 M) | (5.8 M) | (1.7 M) | (7.3 M) | (4.4 M) | (5.1 M) | (4.8 M) |
Universal Electronics and related stocks such as Phunware, Surgepays, and Airgain Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Universal Electronics financial statement analysis. It represents the amount of money remaining after all of Universal Electronics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Universal Electronics Competitive Analysis
The better you understand Universal Electronics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Universal Electronics' 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 Universal Electronics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Universal Electronics Competition Performance Charts
Five steps to successful analysis of Universal Electronics Competition
Universal Electronics' 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 Universal Electronics in relation to its competition. Universal Electronics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Universal Electronics 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 Universal Electronics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Universal Electronics, 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.
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Check out Universal Electronics Correlation with its peers. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Will Consumer Electronics sector continue expanding? Could Universal diversify its offerings? Factors like these will boost the valuation of Universal Electronics. If investors know Universal will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Universal Electronics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.42) | Earnings Share (1.67) | Revenue Per Share | Quarterly Revenue Growth (0.11) | Return On Assets |
Universal Electronics's market price often diverges from its book value, the accounting figure shown on Universal's balance sheet. Smart investors calculate Universal Electronics' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Universal Electronics' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Universal Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Electronics' 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.