Universal Microelectronics (Taiwan) Price on July 14, 2023

2413 Stock  TWD 25.60  0.25  0.97%   
If you're considering investing in Universal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Universal Microelectronics stands at 25.60, as last reported on the 11th of December 2024, with the highest price reaching 26.15 and the lowest price hitting 25.60 during the day. Universal Microelectronics appears to be not too volatile, given 3 months investment horizon. Universal Microelectronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Universal Microelectronics Co, which you can use to evaluate the volatility of the company. Please review Universal Microelectronics' Semi Deviation of 2.15, coefficient of variation of 797.98, and Risk Adjusted Performance of 0.0984 to confirm if our risk estimates are consistent with your expectations.
  
Universal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1328

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns2413
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.52
  actual daily
31
69% of assets are more volatile

Expected Return

 0.47
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Universal Microelectronics is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Universal Microelectronics by adding it to a well-diversified portfolio.

Universal Microelectronics Valuation on July 14, 2023

It is possible to determine the worth of Universal Microelectronics on a given historical date. On July 14, 2023 Universal was worth 34.5 at the beginning of the trading date compared to the closed value of 34.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Universal Microelectronics stock. Still, in general, we apply an absolute valuation method to find Universal Microelectronics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Universal Microelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Universal Microelectronics' related companies.
 Open High Low Close Volume
  33.85    35.50    33.70    34.40    4,549,288  
07/14/2023
  34.50    35.10    34.35    34.45    1,527,857  
  34.90    35.75    33.85    34.70    5,143,248  
Backtest Universal Microelectronics  |  Universal Microelectronics History  |  Universal Microelectronics Valuation   PreviousNext  
Open Value
34.5
34.45
Closing Value
45.07
Upside

Universal Microelectronics Trading Date Momentum on July 14, 2023

On July 17 2023 Universal Microelectronics Co was traded for  34.70  at the closing time. The highest price during the trading period was 35.75  and the lowest recorded bid was listed for  33.85 . The volume for the day was 5.1 M. This history from July 17, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.73% . The trading price change to the current price is 3.63% .

Universal Microelectronics Fundamentals Correlations and Trends

By evaluating Universal Microelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Universal Microelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Universal financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Universal Microelectronics Stock history

Universal Microelectronics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Universal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Universal Microelectronics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Universal Microelectronics stock prices may prove useful in developing a viable investing in Universal Microelectronics
Universal Microelectronics Co., Ltd. designs, manufactures, and sells magnetic components, power supplies, information and communication componentsproducts, photonics equipment and components, and LCM and TV solutions worldwide.

Universal Microelectronics Stock Technical Analysis

Universal Microelectronics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Universal Microelectronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Universal Microelectronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Universal Microelectronics Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Universal Microelectronics Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Universal Microelectronics December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Universal Microelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Universal Microelectronics shares will generate the highest return on investment. By undertsting and applying Universal Microelectronics stock market strength indicators, traders can identify Universal Microelectronics Co entry and exit signals to maximize returns

Universal Microelectronics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Universal Microelectronics' price direction in advance. Along with the technical and fundamental analysis of Universal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Universal to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Universal Stock Analysis

When running Universal Microelectronics' price analysis, check to measure Universal 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 Universal Microelectronics is operating at the current time. Most of Universal Microelectronics' value examination focuses on studying past and present price action to predict the probability of Universal Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Microelectronics' price. Additionally, you may evaluate how the addition of Universal Microelectronics to your portfolios can decrease your overall portfolio volatility.