United Microelectronics Stock Buy Hold or Sell Recommendation
| UMC Stock | USD 6.79 0.32 4.95% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding United Microelectronics is 'Buy'. Macroaxis provides United Microelectronics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding UMC positions.
Check out United Microelectronics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade United Stock refer to our How to Trade United Stock guide. In addition, we conduct extensive research on individual companies such as United and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards United Microelectronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
United |
Execute United Microelectronics Buy or Sell Advice
The United recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on United Microelectronics. Macroaxis does not own or have any residual interests in United Microelectronics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute United Microelectronics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Modest | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
United Microelectronics Trading Alerts and Improvement Suggestions
| United Microelectronics is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Proficio Capital Partners LLC Purchases Shares of 26,765 United Microelectronics Co. - Defense World |
United Microelectronics Returns Distribution Density
The distribution of United Microelectronics' historical returns is an attempt to chart the uncertainty of United Microelectronics' future price movements. The chart of the probability distribution of United Microelectronics daily returns describes the distribution of returns around its average expected value. We use United Microelectronics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of United Microelectronics returns is essential to provide solid investment advice for United Microelectronics.
| Mean Return | 0.04 | Value At Risk | -3.62 | Potential Upside | 3.58 | Standard Deviation | 2.00 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of United Microelectronics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
United Stock Institutional Investors
| Shares | Schroder Investment Management Group | 2024-12-31 | 3.6 M | Barclays Plc | 2024-12-31 | 3.5 M | Marshall Wace Asset Management Ltd | 2024-12-31 | 3.4 M | Two Sigma Investments Llc | 2024-12-31 | 3.3 M | Northern Trust Corp | 2024-12-31 | 3.2 M | Qube Research & Technologies | 2024-12-31 | 2.7 M | Citadel Advisors Llc | 2024-12-31 | 2.6 M | Jpmorgan Chase & Co | 2024-12-31 | 2 M | Renaissance Technologies Corp | 2024-12-31 | 2 M | Blackrock Inc | 2024-12-31 | 23.6 M | Vanguard Group Inc | 2024-12-31 | 15.9 M |
United Microelectronics Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (1.0B) | (871.6M) | (7.6B) | (4.9B) | (4.5B) | (4.2B) | |
| Change In Cash | (1.4B) | 38.6B | 41.2B | (41.3B) | (47.5B) | (45.1B) | |
| Free Cash Flow | 37.4B | 40.4B | 63.0B | (8.0B) | (9.2B) | (8.8B) | |
| Depreciation | 48.9B | 47.1B | 44.2B | 40.5B | 46.6B | 44.8B | |
| Other Non Cash Items | (2.7B) | (2.5B) | (1.5B) | (14.5B) | (13.1B) | (12.4B) | |
| Capital Expenditures | 28.4B | 50.0B | 82.9B | 94.0B | 108.1B | 113.5B | |
| Net Income | 27.9B | 61.8B | 106.1B | 61.0B | 70.1B | 73.6B | |
| End Period Cash Flow | 94.0B | 132.6B | 173.8B | 132.6B | 152.4B | 87.0B | |
| Change To Netincome | (9.0B) | (15.3B) | (8.4B) | 18.8B | 16.9B | 17.8B | |
| Dividends Paid | 9.8B | 19.9B | 37.4B | 45.0B | 51.8B | 54.4B | |
| Investments | (40.1B) | (15.5B) | (54.4B) | (107.0B) | (96.3B) | (91.5B) | |
| Net Borrowings | (250.2M) | (15.2B) | 18.2B | (34.8B) | (31.3B) | (29.8B) |
United Microelectronics Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to United Microelectronics or Semiconductors & Semiconductor Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that United Microelectronics' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a United stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 2.03 | |
Ir | Information ratio | 0.07 |
United Microelectronics Volatility Alert
United Microelectronics currently demonstrates below-average downside deviation. It has Information Ratio of 0.07 and Jensen Alpha of 0.09. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure United Microelectronics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact United Microelectronics' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.United Microelectronics Fundamentals Vs Peers
Comparing United Microelectronics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze United Microelectronics' direct or indirect competition across all of the common fundamentals between United Microelectronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as United Microelectronics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of United Microelectronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing United Microelectronics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare United Microelectronics to competition |
| Fundamentals | United Microelectronics | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.057 | -0.14 |
| Profit Margin | 0.20 % | (1.27) % |
| Operating Margin | 0.20 % | (5.51) % |
| Current Valuation | 16.55 B | 16.62 B |
| Shares Outstanding | 2.51 B | 571.82 M |
| Shares Owned By Institutions | 6.64 % | 39.21 % |
| Number Of Shares Shorted | 83.3 M | 4.71 M |
| Price To Earning | 13.43 X | 28.72 X |
| Price To Book | 1.53 X | 9.51 X |
| Price To Sales | 0.07 X | 11.42 X |
| Revenue | 222.53 B | 9.43 B |
| Gross Profit | 75.65 B | 27.38 B |
| EBITDA | 105.85 B | 3.9 B |
| Net Income | 60.99 B | 570.98 M |
| Cash And Equivalents | 131.39 B | 2.7 B |
| Cash Per Share | 76.31 X | 5.01 X |
| Total Debt | 64.16 B | 5.32 B |
| Debt To Equity | 0.23 % | 48.70 % |
| Current Ratio | 2.02 X | 2.16 X |
| Book Value Per Share | 30.09 X | 1.93 K |
| Cash Flow From Operations | 86 B | 971.22 M |
| Short Ratio | 6.41 X | 4.00 X |
| Earnings Per Share | 0.62 X | 3.12 X |
| Price To Earnings To Growth | 1.44 X | 4.89 X |
| Target Price | 6.98 | |
| Beta | 1.19 | -0.15 |
| Market Capitalization | 17.09 B | 19.03 B |
| Total Asset | 546.58 B | 29.47 B |
| Retained Earnings | 187.25 B | 9.33 B |
| Working Capital | 114.9 B | 1.48 B |
| Current Asset | 94.82 B | 9.34 B |
| Current Liabilities | 49.49 B | 7.9 B |
United Microelectronics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as United . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About United Microelectronics Buy or Sell Advice
When is the right time to buy or sell United Microelectronics? Buying financial instruments such as United Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out United Microelectronics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade United Stock refer to our How to Trade United Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Microelectronics. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Microelectronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.35) | Dividend Share 2.85 | Earnings Share 0.62 | Revenue Per Share | Quarterly Revenue Growth 0.099 |
The market value of United Microelectronics is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Microelectronics' value that differs from its market value or its book value, called intrinsic value, which is United Microelectronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Microelectronics' market value can be influenced by many factors that don't directly affect United Microelectronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Microelectronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.