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UMC vs. ASX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between UMC and ASX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

UMC vs. ASX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United Microelectronics Corporation (UMC) and ASE Technology Holding Co., Ltd. (ASX). The values are adjusted to include any dividend payments, if applicable.

0.00%500.00%1,000.00%1,500.00%JulyAugustSeptemberOctoberNovemberDecember
67.91%
1,260.17%
UMC
ASX

Key characteristics

Sharpe Ratio

UMC:

-0.37

ASX:

0.44

Sortino Ratio

UMC:

-0.35

ASX:

0.84

Omega Ratio

UMC:

0.96

ASX:

1.10

Calmar Ratio

UMC:

-0.31

ASX:

0.51

Martin Ratio

UMC:

-1.03

ASX:

1.07

Ulcer Index

UMC:

11.48%

ASX:

14.90%

Daily Std Dev

UMC:

32.13%

ASX:

35.76%

Max Drawdown

UMC:

-85.96%

ASX:

-72.64%

Current Drawdown

UMC:

-36.83%

ASX:

-20.00%

Fundamentals

Market Cap

UMC:

$16.47B

ASX:

$22.33B

EPS

UMC:

$0.63

ASX:

$0.50

PE Ratio

UMC:

10.32

ASX:

20.56

PEG Ratio

UMC:

1.36

ASX:

1.38

Total Revenue (TTM)

UMC:

$226.87B

ASX:

$593.73B

Gross Profit (TTM)

UMC:

$72.60B

ASX:

$94.82B

EBITDA (TTM)

UMC:

$98.34B

ASX:

$106.45B

Returns By Period

In the year-to-date period, UMC achieves a -18.51% return, which is significantly lower than ASX's 9.37% return. Over the past 10 years, UMC has outperformed ASX with an annualized return of 16.40%, while ASX has yielded a comparatively lower 13.31% annualized return.


UMC

YTD

-18.51%

1M

-3.55%

6M

-22.10%

1Y

-13.50%

5Y*

25.84%

10Y*

16.40%

ASX

YTD

9.37%

1M

2.46%

6M

-11.12%

1Y

13.35%

5Y*

17.90%

10Y*

13.31%

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Risk-Adjusted Performance

UMC vs. ASX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United Microelectronics Corporation (UMC) and ASE Technology Holding Co., Ltd. (ASX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for UMC, currently valued at -0.37, compared to the broader market-4.00-2.000.002.00-0.370.44
The chart of Sortino ratio for UMC, currently valued at -0.35, compared to the broader market-4.00-2.000.002.004.00-0.350.84
The chart of Omega ratio for UMC, currently valued at 0.96, compared to the broader market0.501.001.502.000.961.10
The chart of Calmar ratio for UMC, currently valued at -0.31, compared to the broader market0.002.004.006.00-0.310.51
The chart of Martin ratio for UMC, currently valued at -1.03, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.031.07
UMC
ASX

The current UMC Sharpe Ratio is -0.37, which is lower than the ASX Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of UMC and ASX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.37
0.44
UMC
ASX

Dividends

UMC vs. ASX - Dividend Comparison

UMC's dividend yield for the trailing twelve months is around 7.09%, more than ASX's 3.22% yield.


TTM20232022202120202019201820172016201520142013
UMC
United Microelectronics Corporation
7.09%6.93%7.92%2.44%1.61%3.51%6.59%3.47%5.03%4.73%3.66%3.33%
ASX
ASE Technology Holding Co., Ltd.
3.22%6.07%7.64%3.87%2.33%2.87%14.19%4.46%6.23%7.12%4.42%4.58%

Drawdowns

UMC vs. ASX - Drawdown Comparison

The maximum UMC drawdown since its inception was -85.96%, which is greater than ASX's maximum drawdown of -72.64%. Use the drawdown chart below to compare losses from any high point for UMC and ASX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-36.83%
-20.00%
UMC
ASX

Volatility

UMC vs. ASX - Volatility Comparison

The current volatility for United Microelectronics Corporation (UMC) is 6.54%, while ASE Technology Holding Co., Ltd. (ASX) has a volatility of 8.78%. This indicates that UMC experiences smaller price fluctuations and is considered to be less risky than ASX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
6.54%
8.78%
UMC
ASX

Financials

UMC vs. ASX - Financials Comparison

This section allows you to compare key financial metrics between United Microelectronics Corporation and ASE Technology Holding Co., Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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