Unimicron Technology (Taiwan) Price on June 20, 2024
| 3037 Stock | TWD 159.00 2.00 1.24% |
If you're considering investing in Unimicron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Unimicron Technology stands at 159.00, as last reported on the 26th of November, with the highest price reaching 164.50 and the lowest price hitting 159.00 during the day. At this stage we consider Unimicron Stock to be very steady. Unimicron Technology Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.013, which indicates the firm had a 0.013% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Unimicron Technology Corp, which you can use to evaluate the volatility of the company. Please validate Unimicron Technology's Risk Adjusted Performance of 0.0099, semi deviation of 2.25, and Coefficient Of Variation of 27344.65 to confirm if the risk estimate we provide is consistent with the expected return of 0.0345%.
Unimicron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Unimicron |
Sharpe Ratio = 0.013
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3037 |
Estimated Market Risk
| 2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Unimicron Technology is performing at about 1% 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 Unimicron Technology by adding it to a well-diversified portfolio.
Unimicron Technology Valuation on June 20, 2024
It is possible to determine the worth of Unimicron Technology on a given historical date. On June 20, 2024 Unimicron was worth 190.5 at the beginning of the trading date compared to the closed value of 190.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unimicron Technology stock. Still, in general, we apply an absolute valuation method to find Unimicron Technology's 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 Unimicron Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unimicron Technology's related companies.
| Open | High | Low | Close | Volume | |
| 193.00 | 195.00 | 188.50 | 189.00 | 12,081,029 | |
06/20/2024 | 190.50 | 193.00 | 188.50 | 190.50 | 5,796,733 |
| 188.50 | 189.00 | 185.00 | 187.00 | 11,765,152 |
| Backtest Unimicron Technology | | | Unimicron Technology History | | | Unimicron Technology Valuation | Previous | Next |
Unimicron Technology Trading Date Momentum on June 20, 2024
| On June 21 2024 Unimicron Technology Corp was traded for 187.00 at the closing time. The highest price during the trading period was 189.00 and the lowest recorded bid was listed for 185.00 . The volume for the day was 11.8 M. This history from June 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.84% . The trading price change to the current price is 4.99% . |
Unimicron Technology Corp Fundamentals Correlations and Trends
By evaluating Unimicron Technology's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Unimicron Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Unimicron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Unimicron Technology Stock history
Unimicron Technology 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 Unimicron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unimicron Technology Corp 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 Unimicron Technology stock prices may prove useful in developing a viable investing in Unimicron Technology
Unimicron Technology Corporation engages in the development, manufacturing, processing, and sale of printed circuit boards, HDIs, FPCs, RFs, and IC carriers. The company was founded in 1990 and is headquartered in Taoyuan, Taiwan. UNIMICRON TECHNOLOGY operates under Contract Manufacturers classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 28227 people.
Unimicron Technology Stock Technical Analysis
Unimicron Technology 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
Unimicron Technology Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Unimicron Technology Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Unimicron Technology November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Unimicron Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unimicron Technology shares will generate the highest return on investment. By undertsting and applying Unimicron Technology stock market strength indicators, traders can identify Unimicron Technology Corp entry and exit signals to maximize returns
Unimicron Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Unimicron Technology's price direction in advance. Along with the technical and fundamental analysis of Unimicron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Unimicron 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 | 0.0099 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0) |
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Additional Tools for Unimicron Stock Analysis
When running Unimicron Technology's price analysis, check to measure Unimicron Technology'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 Unimicron Technology is operating at the current time. Most of Unimicron Technology's value examination focuses on studying past and present price action to predict the probability of Unimicron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unimicron Technology's price. Additionally, you may evaluate how the addition of Unimicron Technology to your portfolios can decrease your overall portfolio volatility.