United Microelectronics (Taiwan) Today
| 2303 Stock | TWD 49.80 0.30 0.61% |
Performance1 of 100
| Odds Of DistressLess than 9
|
United Microelectronics is selling for under 49.80 as of the 28th of April 2024; that is 0.61 percent increase since the beginning of the trading day. The stock's lowest day price was 49.7. United Microelectronics has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for United Microelectronics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2024 and ending today, the 28th of April 2024. Click here to learn more.
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan. The company has 12.48 B outstanding shares. More on United Microelectronics
Moving against United Stock
| 0.48 | 2609 | Yang Ming Marine | PairCorr |
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United 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. United Microelectronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding United Microelectronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Bowen Yan |
| Thematic Idea | Electronics (View all Themes) |
| Business Concentration | Electronics, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors) |
United Microelectronics (2303) is traded on Taiwan Stock Exchange in Taiwan and employs 20,000 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 629.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate United Microelectronics's market, we take the total number of its shares issued and multiply it by United Microelectronics'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. United Microelectronics operates under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 12.48 B outstanding shares.
United Microelectronics has accumulated about 149.97 B in cash with 90.35 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.09.
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Ownership AllocationUnited Microelectronics maintains a total of 12.48 Billion outstanding shares. United Microelectronics has 9.0 % of its outstanding shares held by insiders and 26.69 % owned by institutional holders. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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United Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of United Microelectronics jumping above the current price in 90 days from now is about 65.45%. The United Microelectronics probability density function shows the probability of United Microelectronics stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon United Microelectronics has a beta of -0.2346. This suggests as returns on the benchmark increase, returns on holding United Microelectronics are expected to decrease at a much lower rate. During a bear market, however, United Microelectronics is likely to outperform the market. Additionally, united Microelectronics has an alpha of 0.0114, implying that it can generate a 0.0114 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of United Microelectronics to move above the current price in 90 days from now is about 65.45 (This United Microelectronics probability density function shows the probability of United Stock to fall within a particular range of prices over 90 days) .
United Microelectronics Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. United Microelectronics market risk premium is the additional return an investor will receive from holding United Microelectronics 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 United Microelectronics. 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 United Microelectronics' alpha and beta are two of the key measurements used to evaluate United Microelectronics' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.55 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.42 |
United Stock Against Markets
Picking the right benchmark for United Microelectronics 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 United Microelectronics 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 United Microelectronics is critical whether you are bullish or bearish towards United Microelectronics at a given time. Please also check how United Microelectronics' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in United Microelectronics 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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| All Next | Launch Module |
United Microelectronics Corporate Directors
United Microelectronics corporate directors refer to members of an United Microelectronics board of directors. The board of directors generally takes responsibility for the United Microelectronics' 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 United Microelectronics' board members must vote for the resolution. The United Microelectronics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| S Chien | Senior Deputy General Manager, Director | Profile | |
| ShanChieh Chien | General Manager, Director | Profile | |
| Jinshuang Chen | Director of Human Resources | Profile | |
| Jason Wang | Senior Deputy General Manager, Director | Profile |
How to buy United Stock?
Before investing in United Microelectronics, 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 United Microelectronics. To buy United Microelectronics stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of United Microelectronics. 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 United Microelectronics stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located United Microelectronics 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 United Microelectronics 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 United Microelectronics, 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. For more information on how to buy United Stock please use our How to Invest in United Microelectronics guide.
Already Invested in United Microelectronics?
The danger of trading United Microelectronics 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 United Microelectronics 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 United Microelectronics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile United Microelectronics 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.
When determining whether United Microelectronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Microelectronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Microelectronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Microelectronics Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in United Microelectronics. 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. For more information on how to buy United Stock please use our How to Invest in United Microelectronics guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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