UMC Reports Sales for November 2024

UMC Stock  USD 6.52  0.06  0.91%   
About 61% of United Microelectronics' investor base is looking to short. The analysis of overall sentiment of trading United Microelectronics stock suggests that many investors are alarmed at this time. The current market sentiment, together with United Microelectronics' historical and current headlines, can help investors time the market. In addition, many technical investors use United Microelectronics stock news signals to limit their universe of possible portfolio assets.
  
United Microelectronics Corporation , today reported unaudited net sales for the month of November 2024. Revenues for No

Read at gurufocus.com
Gurufocus Stories at Macroaxis
  

United Microelectronics Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards United Microelectronics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

United Microelectronics Fundamental Analysis

We analyze United Microelectronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Microelectronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Microelectronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Revenue

Revenue Comparative Analysis

United Microelectronics is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

United Microelectronics Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with United Microelectronics stock to make a market-neutral strategy. Peer analysis of United Microelectronics could also be used in its relative valuation, which is a method of valuing United Microelectronics by comparing valuation metrics with similar companies.

Peers

United Microelectronics Related Equities

LEDSSemiLEDS   2.29   
0%
6.0%
IMOSChipMOS Technologies   2.07   
0%
5.0%
INTCIntel   0.00   
0%
0%
MUMicron Technology   0.00   
0%
0%
NVDANVIDIA   0.00   
0%
0%
HIMXHimax Technologies   0.92   
2.0%
0%
ASXASE Industrial   1.00   
2.0%
0%
MXLMaxLinear   1.84   
5.0%
0%
MRVLMarvell Technology   2.80   
7.0%
0%
SIMOSilicon Motion   3.53   
9.0%
0%
AMDAdvanced Micro   4.91   
13.0%
0%
NANano Labs   8.74   
23.0%
0%
WKEYWisekey International   36.51   
100.0%
0%

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.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
FinTech Suite
Use AI to screen and filter profitable investment opportunities