United Microelectronics Revenue vs. Market Capitalization

UMCB Stock   6.35  0.05  0.79%   
Based on United Microelectronics' profitability indicators, United Microelectronics Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess United Microelectronics' ability to earn profits and add value for shareholders.
For United Microelectronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of United Microelectronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well United Microelectronics Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between United Microelectronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of United Microelectronics Corp over time as well as its relative position and ranking within its peers.
  
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For more information on how to buy United Stock please use our How to Invest in United Microelectronics guide.
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.

United Microelectronics Market Capitalization vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining United Microelectronics's current stock value. Our valuation model uses many indicators to compare United Microelectronics value to that of its competitors to determine the firm's financial worth.
United Microelectronics Corp is rated second in revenue category among its peers. It is rated first in market capitalization category among its peers creating about  0.12  of Market Capitalization per Revenue. The ratio of Revenue to Market Capitalization for United Microelectronics Corp is roughly  8.47 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the United Microelectronics' earnings, one of the primary drivers of an investment's value.

United Market Capitalization vs. Revenue

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

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
213.01 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

United Microelectronics

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
25.16 B
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

United Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on United Microelectronics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of United Microelectronics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the United Microelectronics' important profitability drivers and their relationship over time.

Use United Microelectronics in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if United Microelectronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in United Microelectronics will appreciate offsetting losses from the drop in the long position's value.

United Microelectronics Pair Trading

United Microelectronics Corp Pair Trading Analysis

The ability to find closely correlated positions to United Microelectronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Microelectronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back United Microelectronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling United Microelectronics Corp to buy it.
The correlation of United Microelectronics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as United Microelectronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Microelectronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for United Microelectronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your United Microelectronics position

In addition to having United Microelectronics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Silver
Silver Theme
Companies involved in mining, production, and distribution of silver and silver goods. The Silver theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Silver Theme or any other thematic opportunities.
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Additional 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.