United Microelectronics Risk Adjusted Performance
| 2303 Stock | | | TWD 91.30 -5.20 -5.39% |
Risk Adjusted Performance 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 Risk Adjusted Performance Value
At 0.1331, United Microelectronics exhibits positive but modest risk-adjusted return in Risk Adjusted Performance. United Microelectronics has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.1331 | |
Risk Adjusted Performance Peers Comparison
United Microelectronics falls below the 0.16 peer average for Risk Adjusted Performance. Accton Technology Corp leads at 0.261 while Nanya Technology Corp registers the lowest at 0.044. United Microelectronics's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for United Microelectronics and its peers. Each point represents one equity — position along the horizontal axis shows Risk Adjusted Performance 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
149.05 in Maximum Drawdown for each unit of Risk Adjusted Performance, with respective readings of
19.84 and
0.13 . This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for United Microelectronics.
Methodology, Assumptions & Data Sources
United Microelectronics' Risk Adjusted Performance currently stands at 0.1331. Risk Adjusted Performance for United Microelectronics is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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