Micron Technology Stock Performance

MU Stock  USD 117.89  1.25  1.05%   
On a scale of 0 to 100, Micron Technology holds a performance score of 16. The company secures a Beta (Market Risk) of 1.52, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Micron Technology will likely underperform. Please check Micron Technology's total risk alpha, as well as the relationship between the downside variance and daily balance of power , to make a quick decision on whether Micron Technology's current price movements will revert.

Risk-Adjusted Performance

16 of 100

 
Low
 
High
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Micron Technology are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Micron Technology unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more

Actual Historical Performance (%)

One Day Return
0.38
Five Day Return
9.09
Year To Date Return
44.83
Ten Year Return
444.27
All Time Return
8.4 K
Forward Dividend Yield
0.0039
Payout Ratio
0.3156
Last Split Factor
2:1
Forward Dividend Rate
0.46
Dividend Date
2024-04-16
 
Micron Technology dividend paid on 18th of January 2024
01/18/2024
1
Hardware Encryption Market Size to Worth USD 418.48 million by 2030 With a 6CAGR by Exactitude Consultancy
03/05/2024
2
Wolfe raises Micron shares target citing growth catalysts
03/13/2024
3
Here are Mondays biggest analyst calls Nvidia, Apple, Tesla, Netflix, PepsiCo, Micron, Meta, Starbucks more
03/18/2024
4
Disposition of 7000 shares by Sanjay Mehrotra of Micron Technology at 28.2 subject to Rule 16b-3
03/19/2024
5
Micron Delivers An Exceptional Forecast Powered By AI Prospects
03/21/2024
6
Why Micron Rallied 16.5 percent This Week
03/22/2024
7
US STOCKS-Wall St slips as holiday-thinned week begins
03/25/2024
8
20 Biggest Semiconductor Companies in the US
03/27/2024
Begin Period Cash Flow8.3 B
Total Cashflows From Investing Activities-6.2 B
  

Micron Technology Relative Risk vs. Return Landscape

If you would invest  8,534  in Micron Technology on December 29, 2023 and sell it today you would earn a total of  3,391  from holding Micron Technology or generate 39.74% return on investment over 90 days. Micron Technology is generating 0.5886% of daily returns and assumes 2.8503% volatility on return distribution over the 90 days horizon. Put differently, 25% of stocks are less risky than Micron on the basis of their historical return distribution, and some 89% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Expected Return   
       Risk  
Allowing for the 90-day total investment horizon Micron Technology is expected to generate 5.01 times more return on investment than the market. However, the company is 5.01 times more volatile than its market benchmark. It trades about 0.21 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of risk.

Micron Technology Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Micron Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Micron Technology, and traders can use it to determine the average amount a Micron Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.2065

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Estimated Market Risk

 2.85
  actual daily
25
75% of assets are more volatile

Expected Return

 0.59
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Micron Technology is performing at about 16% 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 Micron Technology by adding it to a well-diversified portfolio.

Micron Technology Fundamentals Growth

Micron Stock prices reflect investors' perceptions of the future prospects and financial health of Micron Technology, and Micron Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Micron Stock performance.

About Micron Technology Performance

To evaluate Micron Technology Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Micron Technology generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Micron Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Micron Technology market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Micron's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return On Capital Employed(0.1)(0.11)
Return On Assets(0.08)(0.08)
Return On Equity(0.12)(0.11)

Things to note about Micron Technology performance evaluation

Checking the ongoing alerts about Micron Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Micron Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company generated the yearly revenue of 15.54 B. Annual Net Loss to common stockholders was (5.83 B) with gross Loss of (1.42 B).
Over 85.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: 20 Biggest Semiconductor Companies in the US
Evaluating Micron Technology's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Micron Technology's stock performance include:
  • Analyzing Micron Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Micron Technology's stock is overvalued or undervalued compared to its peers.
  • Examining Micron Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Micron Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Micron Technology's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Micron Technology's stock. These opinions can provide insight into Micron Technology's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Micron Technology's stock performance is not an exact science, and many factors can impact Micron Technology's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Micron Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Micron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Micron Technology Stock. Highlighted below are key reports to facilitate an investment decision about Micron Technology Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Micron Technology's price analysis, check to measure Micron Technology's 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 Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.
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Is Micron Technology's industry 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 Micron Technology. If investors know Micron 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 Micron Technology 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
(0.43)
Dividend Share
0.46
Earnings Share
(3.45)
Revenue Per Share
16.67
Quarterly Revenue Growth
0.577
The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's 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 Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's 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 Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Micron Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's 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.