United Competitors
| UMC Stock | USD 10.05 0.01 0.1% |
United Microelectronics vs Check Point Correlation
Excellent diversification
The correlation between United Microelectronics and CHKP 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 United Microelectronics and CHKP in the same portfolio, assuming nothing else is changed.
Moving together with United Stock
Moving against United Stock
The current year's Return On Capital Employed is expected to grow to 0.09, whereas Return On Tangible Assets are forecasted to decline to 0.04. At present, United Microelectronics' Debt To Assets are projected to slightly decrease based on the last few years of reporting.United Microelectronics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between United Microelectronics 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 Microelectronics 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 United Stock performing well and United Microelectronics 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 Microelectronics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GFS | 2.16 | 0.30 | 0.11 | 0.38 | 2.24 | 5.58 | 12.30 | |||
| ON | 2.14 | 0.34 | 0.17 | 0.29 | 1.92 | 4.71 | 16.50 | |||
| GIB | 1.14 | (0.02) | 0.00 | 0.15 | 0.00 | 2.21 | 13.00 | |||
| STM | 1.97 | 0.38 | 0.19 | 0.31 | 1.66 | 5.51 | 12.93 | |||
| IT | 2.02 | (0.59) | 0.00 | (0.39) | 0.00 | 4.38 | 26.20 | |||
| CDW | 1.31 | (0.07) | (0.03) | 0.03 | 1.82 | 2.61 | 8.61 | |||
| CPAY | 1.86 | 0.39 | 0.22 | 0.42 | 1.43 | 4.46 | 11.04 | |||
| GDDY | 1.18 | (0.54) | 0.00 | (0.74) | 0.00 | 1.77 | 8.41 | |||
| SSNC | 1.06 | (0.24) | 0.00 | (0.19) | 0.00 | 1.74 | 13.44 | |||
| CHKP | 1.32 | (0.16) | 0.00 | (0.09) | 0.00 | 2.18 | 6.16 |
Cross Equities Net Income Analysis
Compare United Microelectronics and related stocks such as Globalfoundries, ON Semiconductor, and CGI Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GFS | (2.7 B) | (2.7 B) | (2.7 B) | (2.7 B) | (2.7 B) | (2.7 B) | (2.7 B) | (2.7 B) | (2.7 B) | (1.4 B) | (1.4 B) | (250 M) | 1.4 B | 1 B | (265 M) | (304.8 M) | (320 M) |
| ON | 71.1 M | 11.6 M | (97.2 M) | 150.4 M | 189.7 M | 206.2 M | 182.1 M | 810.7 M | 627.4 M | 211.7 M | 234.2 M | 1 B | 1.9 B | 2.2 B | 1.6 B | 121 M | 115 M |
| GIB | 400 K | 131.3 M | 457.1 M | 859.3 M | 965.8 M | 1.1 B | 1 B | 1.1 B | 1.3 B | 1.1 B | 1.4 B | 1.5 B | 1.6 B | 1.7 B | 1.7 B | 1.9 B | 2 B |
| STM | 526.5 M | 650 M | (1.2 B) | (500 M) | 141 M | 175 M | 121 M | 218 M | 1.6 B | 1 B | 1.1 B | 2 B | 4 B | 4.2 B | 1.6 B | 166.5 M | 158.2 M |
| IT | 6 M | 136.9 M | 165.9 M | 182.8 M | 183.8 M | 175.6 M | 193.6 M | 3.3 M | 122.5 M | 233.3 M | 266.7 M | 793.6 M | 807.8 M | 882.5 M | 1.3 B | 729.2 M | 765.6 M |
| CDW | 12.6 M | 17.1 M | 119 M | 132.8 M | 244.9 M | 403.1 M | 425.1 M | 523.1 M | 643 M | 736.8 M | 788.5 M | 988.6 M | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B |
| CPAY | 284.5 M | 284.5 M | 284.5 M | 284.5 M | 368.7 M | 362.4 M | 452.4 M | 740.2 M | 811.5 M | 895.1 M | 704.2 M | 839.5 M | 954.3 M | 981.9 M | 1 B | 1.1 B | 801.2 M |
| GDDY | (270.4 M) | (270.4 M) | (279.1 M) | (199.9 M) | (143.3 M) | (75.6 M) | (16.5 M) | 136.4 M | 77.1 M | 137 M | (495.1 M) | 242.3 M | 352.2 M | 1.4 B | 936.9 M | 1.1 B | 1.1 B |
| SSNC | 2.2 M | 51 M | 45.8 M | 117.9 M | 131.1 M | 42.9 M | 131 M | 328.9 M | 103.2 M | 438.5 M | 625.2 M | 800 M | 650.2 M | 607.1 M | 760.5 M | 796.9 M | 836.7 M |
| CHKP | 15.2 M | 544 M | 620 M | 652.8 M | 659.6 M | 685.9 M | 724.8 M | 802.9 M | 821.3 M | 825.7 M | 846.6 M | 815.6 M | 796.9 M | 840.3 M | 845.7 M | 972.6 M | 531.3 M |
United Microelectronics and related stocks such as Globalfoundries, ON Semiconductor, and CGI Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in United Microelectronics financial statement analysis. It represents the amount of money remaining after all of United Microelectronics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.United Microelectronics Competitive Analysis
The better you understand United Microelectronics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, United Microelectronics' 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 Microelectronics' 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 Microelectronics Competition Performance Charts
Five steps to successful analysis of United Microelectronics Competition
United Microelectronics' 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 Microelectronics in relation to its competition. United Microelectronics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of United Microelectronics 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 Microelectronics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to United Microelectronics, 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 United Microelectronics Correlation with its peers. For information on how to trade United Stock refer to our How to Trade United Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Will Semiconductors & Semiconductor Equipment sector continue expanding? Could United diversify its offerings? 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. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every United Microelectronics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.185 | Earnings Share 0.53 | Revenue Per Share | Quarterly Revenue Growth 0.024 | Return On Assets |
United Microelectronics's market price often diverges from its book value, the accounting figure shown on United's balance sheet. Smart investors calculate United Microelectronics' 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 United Microelectronics' 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 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.