United Microelectronics sales plunged 8 percent in June
| UMC Stock | USD 6.69 0.16 2.34% |
About 62% of United Microelectronics' investor base is looking to short. The analysis of overall sentiment of trading United Microelectronics stock suggests that many investors are alarmed at this time. The current market sentiment, together with United Microelectronics' historical and current headlines, can help investors time the market. In addition, many technical investors use United Microelectronics stock news signals to limit their universe of possible portfolio assets.
United |
UMC reported a 7.91 percent decrease in net sales for June 2024, following a 3.9 percent increase in May.
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United Microelectronics Fundamental Analysis
We analyze United Microelectronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Microelectronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Microelectronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Five Year Return
Five Year Return Comparative Analysis
United Microelectronics is currently under evaluation in five year return category among its peers. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
United Microelectronics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with United Microelectronics stock to make a market-neutral strategy. Peer analysis of United Microelectronics could also be used in its relative valuation, which is a method of valuing United Microelectronics by comparing valuation metrics with similar companies.
Peers
United Microelectronics Related Equities
| NA | Nano Labs | 4.52 | ||||
| LEDS | SemiLEDS | 1.59 | ||||
| AMD | Advanced Micro | 1.07 | ||||
| NVDA | NVIDIA | 1.15 | ||||
| INTC | Intel | 1.66 | ||||
| HIMX | Himax Technologies | 1.72 | ||||
| SIMO | Silicon Motion | 1.83 | ||||
| WKEY | Wisekey International | 1.90 | ||||
| IMOS | ChipMOS Technologies | 2.50 | ||||
| MXL | MaxLinear | 2.61 | ||||
| ASX | ASE Industrial | 2.77 | ||||
| MRVL | Marvell Technology | 3.26 | ||||
| MU | Micron Technology | 3.54 |
Complementary Tools for United Stock analysis
When running United Microelectronics' price analysis, check to measure United 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 United Microelectronics is operating at the current time. Most of United Microelectronics' value examination focuses on studying past and present price action to predict the probability of United Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Microelectronics' price. Additionally, you may evaluate how the addition of United Microelectronics to your portfolios can decrease your overall portfolio volatility.
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