Ultra Chip (Taiwan) Today
| 3141 Stock | TWD 85.20 1.60 1.84% |
Performance0 of 100
| Odds Of DistressLess than 10
|
Ultra Chip is selling for under 85.20 as of the 26th of April 2024; that is -1.84 percent decrease since the beginning of the trading day. The stock's lowest day price was 84.6. Ultra Chip has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Ultra Chip are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of March 2024 and ending today, the 26th of April 2024. Click here to learn more.
Moving together with Ultra Stock
| 0.81 | 6415 | Silergy Corp | PairCorr |
Moving against Ultra Stock
| 0.93 | 2891 | CTBC Financial Holding | PairCorr |
| 0.9 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.9 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.89 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.87 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.85 | 2882 | Cathay Financial Holding | PairCorr |
| 0.82 | 2379 | Realtek Semiconductor | PairCorr |
Follow Valuation Odds of Bankruptcy
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Ultra Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ultra Chip's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ultra Chip or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Yudong Xu |
| Business Concentration | Semiconductors, Technology (View all Sectors) |
Ultra Chip (3141) is traded on Taiwan OTC Exchange in Taiwan and employs 18 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ultra Chip's market, we take the total number of its shares issued and multiply it by Ultra Chip's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ultra Chip operates under Technology sector and is part of Semiconductors industry. The entity has 73.92 M outstanding shares.
Ultra Chip generates positive cash flow from operations, but has no cash available
Check Ultra Chip Probability Of Bankruptcy
Ownership AllocationUltra Chip shows a total of 73.92 Million outstanding shares. Ultra Chip has 7.02 % of its outstanding shares held by insiders and 8.255 % owned by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Ultra Ownership Details
Ultra Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Ultra Chip jumping above the current price in 90 days from now is about 50.95%. The Ultra Chip probability density function shows the probability of Ultra Chip stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ultra Chip has a beta of 0.5886. This suggests as returns on the market go up, Ultra Chip average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ultra Chip will be expected to be much smaller as well. Additionally, ultra Chip has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ultra Chip to move above the current price in 90 days from now is about 50.95 (This Ultra Chip probability density function shows the probability of Ultra Stock to fall within a particular range of prices over 90 days) .
Ultra Chip Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ultra Chip market risk premium is the additional return an investor will receive from holding Ultra Chip long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ultra Chip. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ultra Chip's alpha and beta are two of the key measurements used to evaluate Ultra Chip's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.33 | |||
| Standard Deviation | 1.75 | |||
| Variance | 3.06 | |||
| Risk Adjusted Performance | (0.04) |
Ultra Stock Against Markets
Picking the right benchmark for Ultra Chip stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ultra Chip stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ultra Chip is critical whether you are bullish or bearish towards Ultra Chip at a given time. Please also check how Ultra Chip's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ultra Chip without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Ultra Chip Corporate Directors
Ultra Chip corporate directors refer to members of an Ultra Chip board of directors. The board of directors generally takes responsibility for the Ultra Chip's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ultra Chip's board members must vote for the resolution. The Ultra Chip board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jingchen Huang | Director | Profile | |
| Hewei Wang | Independent Director | Profile | |
| Changjie Zhong | Director | Profile | |
| Johnson Lee | Director | Profile |
How to buy Ultra Stock?
Before investing in Ultra Chip, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ultra Chip. To buy Ultra Chip stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ultra Chip. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ultra Chip stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ultra Chip stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ultra Chip stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ultra Chip, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ultra Chip?
The danger of trading Ultra Chip is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ultra Chip is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ultra Chip. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ultra Chip is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ultra Chip. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Ultra Stock analysis
When running Ultra Chip's price analysis, check to measure Ultra Chip'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 Ultra Chip is operating at the current time. Most of Ultra Chip's value examination focuses on studying past and present price action to predict the probability of Ultra Chip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Chip's price. Additionally, you may evaluate how the addition of Ultra Chip to your portfolios can decrease your overall portfolio volatility.
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