United Microelectronics Downside Deviation
| 2303 Stock | | | TWD 81.20 3.90 5.05% |
Downside Deviation for United Microelectronics is tracked, covering the current reading, formula details, and peer comparison data. Each update reflects the most recent end-of-day price data, adjusted for corporate actions.
United Microelectronics Volatility combined with
United Microelectronics Price History deepens the analysis for United Microelectronics.
Current Downside Deviation Value
United Microelectronics's Downside Deviation of 3.55 reflects moderate price variability. This places United Microelectronics within the typical volatility range for Stock.
Downside Deviation | = | SQRT(DV) |
| = | 3.55 | |
Downside Deviation Peers Comparison
United Microelectronics falls above the 3.48 peer average for Downside Deviation. Nanya Technology Corp leads at 5.83 while Asustek Computer registers the lowest at 2.01. United Microelectronics has exhibited greater price dispersion than the peer average over the measured period.
Downside Deviation Relative To Other Indicators
The chart below plots Downside Deviation against Maximum Drawdown for United Microelectronics and its peers. Each point represents one equity — position along the horizontal axis shows Downside Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
United Microelectronics produces
5.59 in Maximum Drawdown for each unit of Downside Deviation, with respective readings of
19.84 and
3.55 . This indicates Maximum Drawdown substantially exceeds Downside Deviation for United Microelectronics.
Methodology, Assumptions & Data Sources
United Microelectronics' Downside Deviation currently stands at 3.55. The Downside Deviation for United Microelectronics applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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