Micron Technology Stock Performance

MU Stock  USD 102.53  0.47  0.46%   
On a scale of 0 to 100, Micron Technology holds a performance score of 7. The company secures a Beta (Market Risk) of 1.0, which conveys a somewhat significant risk relative to the market. Micron Technology returns are very sensitive to returns on the market. As the market goes up or down, Micron Technology is expected to follow. Please check Micron Technology's downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether Micron Technology's current price movements will revert.

Risk-Adjusted Performance

7 of 100

 
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Compared to the overall equity markets, risk-adjusted returns on investments in Micron Technology are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak 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
(3.74)
Five Day Return
(2.62)
Year To Date Return
19.31
Ten Year Return
188.94
All Time Return
6.9 K
Forward Dividend Yield
0.0045
Payout Ratio
0.3622
Last Split Factor
2:1
Forward Dividend Rate
0.46
Dividend Date
2024-10-23
 
Micron Technology dividend paid on 23rd of October 2024
10/23/2024
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Micron Technology Unusual Options Activity For December 11
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Begin Period Cash Flow8.7 B
  

Micron Technology Relative Risk vs. Return Landscape

If you would invest  8,708  in Micron Technology on September 14, 2024 and sell it today you would earn a total of  1,498  from holding Micron Technology or generate 17.2% return on investment over 90 days. Micron Technology is generating 0.2982% of daily returns and assumes 3.103% volatility on return distribution over the 90 days horizon. Put differently, 27% of stocks are less risky than Micron on the basis of their historical return distribution, and some 95% 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 4.22 times more return on investment than the market. However, the company is 4.22 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.12 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 = 0.0961

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Estimated Market Risk

 3.1
  actual daily
27
73% of assets are more volatile

Expected Return

 0.3
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Micron Technology is performing at about 7% 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

Assessing Micron Technology's fundamental ratios provides investors with valuable insights into Micron Technology's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Micron Technology is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 166.14  180.54 
Return On Tangible Assets 0.01 (0.09)
Return On Capital Employed 0.02 (0.10)
Return On Assets 0.01 (0.09)
Return On Equity 0.02 (0.13)

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.
Micron Technology had very high historical volatility over the last 90 days
Micron Technology has a poor financial position based on the latest SEC disclosures
Over 81.0% of the company shares are owned by institutional investors
On 23rd of October 2024 Micron Technology paid $ 0.115 per share dividend to its current shareholders
Latest headline from benzinga.com: Micron Technology Unusual Options Activity For December 11
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.

Additional Tools for Micron Stock Analysis

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.