Universal Microelectronics (Taiwan) Price on October 22, 2024
| 2413 Stock | TWD 26.20 1.60 5.76% |
If you're considering investing in Universal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Universal Microelectronics stands at 26.20, as last reported on the 28th of November, with the highest price reaching 28.25 and the lowest price hitting 26.20 during the day. Universal Microelectronics appears to be not too volatile, given 3 months investment horizon. Universal Microelectronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Universal Microelectronics Co, which you can use to evaluate the volatility of the company. Please review Universal Microelectronics' Risk Adjusted Performance of 0.0879, coefficient of variation of 956.44, and Semi Deviation of 2.31 to confirm if our risk estimates are consistent with your expectations.
Universal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Universal |
Sharpe Ratio = 0.1046
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Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Universal Microelectronics is performing at about 8% 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 Universal Microelectronics by adding it to a well-diversified portfolio.
Universal Microelectronics Valuation on October 22, 2024
It is possible to determine the worth of Universal Microelectronics on a given historical date. On October 22, 2024 Universal was worth 21.3 at the beginning of the trading date compared to the closed value of 21.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Universal Microelectronics stock. Still, in general, we apply an absolute valuation method to find Universal 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 Universal Microelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Universal Microelectronics' related companies.
| Open | High | Low | Close | Volume | |
| 21.30 | 21.60 | 21.30 | 21.30 | 63,001 | |
10/22/2024 | 21.30 | 21.65 | 21.30 | 21.45 | 62,316 |
| 21.65 | 22.40 | 21.65 | 22.05 | 228,490 |
| Backtest Universal Microelectronics | | | Universal Microelectronics History | | | Universal Microelectronics Valuation | Previous | Next |
Universal Microelectronics Trading Date Momentum on October 22, 2024
| On October 23 2024 Universal Microelectronics Co was traded for 22.05 at the closing time. The highest price during the trading period was 22.40 and the lowest recorded bid was listed for 21.65 . The volume for the day was 228.5 K. This history from October 23, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.80% . The trading price change to the current price is 28.67% . |
Universal Microelectronics Fundamentals Correlations and Trends
By evaluating Universal 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 Universal Microelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Universal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Universal Microelectronics Stock history
Universal 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 Universal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Universal 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 Universal Microelectronics stock prices may prove useful in developing a viable investing in Universal Microelectronics
Universal Microelectronics Co., Ltd. designs, manufactures, and sells magnetic components, power supplies, information and communication componentsproducts, photonics equipment and components, and LCM and TV solutions worldwide.
Universal Microelectronics Stock Technical Analysis
Universal 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
Universal Microelectronics Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Universal Microelectronics November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Universal 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 Universal Microelectronics shares will generate the highest return on investment. By undertsting and applying Universal Microelectronics stock market strength indicators, traders can identify Universal Microelectronics Co entry and exit signals to maximize returns
Universal Microelectronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Universal Microelectronics' price direction in advance. Along with the technical and fundamental analysis of Universal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Universal 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 | 0.0879 | |||
| Jensen Alpha | 0.3663 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0769 | |||
| Treynor Ratio | (4.47) |
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Additional Tools for Universal Stock Analysis
When running Universal Microelectronics' price analysis, check to measure Universal 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 Universal Microelectronics is operating at the current time. Most of Universal Microelectronics' value examination focuses on studying past and present price action to predict the probability of Universal Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Microelectronics' price. Additionally, you may evaluate how the addition of Universal Microelectronics to your portfolios can decrease your overall portfolio volatility.