Micron Technology Stock Market Value
| MU Stock | 80.59 5.56 7.41% |
| Symbol | Micron |
Micron Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Micron Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Micron Technology.
| 10/20/2025 |
| 01/18/2026 |
If you would invest 0.00 in Micron Technology on October 20, 2025 and sell it all today you would earn a total of 0.00 from holding Micron Technology or generate 0.0% return on investment in Micron Technology over 90 days. Micron Technology is related to or competes with Queens Road, Data Communications, Rockpoint Gas, Information Services, Royal Road, and Labrador Iron. Micron Technology is entity of Canada. It is traded as Stock on NEO exchange. More
Micron Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Micron Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Micron Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.59 | |||
| Information Ratio | 0.2296 | |||
| Maximum Drawdown | 19.72 | |||
| Value At Risk | (5.45) | |||
| Potential Upside | 8.86 |
Micron Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Micron Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Micron Technology's standard deviation. In reality, there are many statistical measures that can use Micron Technology historical prices to predict the future Micron Technology's volatility.| Risk Adjusted Performance | 0.1838 | |||
| Jensen Alpha | 0.8739 | |||
| Total Risk Alpha | 0.5134 | |||
| Sortino Ratio | 0.2727 | |||
| Treynor Ratio | 0.4947 |
Micron Technology Backtested Returns
Micron Technology appears to be very steady, given 3 months investment horizon. Micron Technology has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22 % return per unit of risk over the last 3 months. By analyzing Micron Technology's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please exercise Micron Technology's Risk Adjusted Performance of 0.1838, downside deviation of 3.59, and Mean Deviation of 3.34 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Micron Technology holds a performance score of 17. The company secures a Beta (Market Risk) of 2.16, 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 maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Micron Technology's current price movements will revert.
Auto-correlation | 0.27 |
Poor predictability
Micron Technology has poor predictability. Overlapping area represents the amount of predictability between Micron Technology time series from 20th of October 2025 to 4th of December 2025 and 4th of December 2025 to 18th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Micron Technology price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Micron Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 94.24 |
Micron Technology lagged returns against current returns
Autocorrelation, which is Micron Technology stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Micron Technology's stock expected returns. We can calculate the autocorrelation of Micron Technology returns to help us make a trade decision. For example, suppose you find that Micron Technology has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Micron Technology regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Micron Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Micron Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Micron Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Micron Technology Lagged Returns
When evaluating Micron Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Micron Technology stock have on its future price. Micron Technology autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Micron Technology autocorrelation shows the relationship between Micron Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Micron Technology.
Regressed Prices |
| Timeline |
Pair Trading with Micron Technology
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 Micron Technology 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 Micron Technology will appreciate offsetting losses from the drop in the long position's value.Moving against Micron Stock
| 0.52 | NZP | Chatham Rock Phosphate | PairCorr |
| 0.38 | CMC | Cielo Waste Solutions | PairCorr |
| 0.34 | AMD | Advanced Micro Devices | PairCorr |
The ability to find closely correlated positions to Micron Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Micron Technology 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 Micron Technology - 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 Micron Technology to buy it.
The correlation of Micron Technology 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 Micron Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Micron Technology 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 Micron Technology 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.Check out Micron Technology Correlation, Micron Technology Volatility and Micron Technology Alpha and Beta module to complement your research on Micron Technology. To learn how to invest in Micron Stock, please use our How to Invest in Micron Technology guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Micron Technology 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.