Micron Technology Stock Alpha and Beta Analysis
| MU Stock | USD 102.64 0.12 0.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Micron Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Micron Technology over a specified time horizon. Remember, high Micron Technology's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Micron Technology's market risk premium analysis include:
Beta 1.84 | Alpha (0.20) | Risk 3.29 | Sharpe Ratio 0.039 | Expected Return 0.13 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Micron |
Micron Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Micron Technology market risk premium is the additional return an investor will receive from holding Micron Technology long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Micron Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Micron Technology's performance over market.| α | -0.2 | β | 1.84 |
Micron Technology expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Micron Technology's Buy-and-hold return. Our buy-and-hold chart shows how Micron Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Micron Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Micron Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Micron Technology shares will generate the highest return on investment. By understating and applying Micron Technology stock market price indicators, traders can identify Micron Technology position entry and exit signals to maximize returns.
Micron Technology Return and Market Media
The median price of Micron Technology for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 101.71 with a coefficient of variation of 7.69. The daily time series for the period is distributed with a sample standard deviation of 7.7, arithmetic mean of 100.1, and mean deviation of 6.4. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Sanjay Mehrotra of 7000 shares of Micron Technology at 28.2 subject to Rule 16b-3 | 09/06/2024 |
| Micron Technology dividend paid on 23rd of October 2024 | 10/23/2024 |
2 | Cramers Lightning Round Talen Energy is in good shape | 11/06/2024 |
3 | Citi Predicts DRAM Market Recovery for Samsung, SK Hynix, and Micron by Late 2025 | 11/14/2024 |
4 | Micron Technology snaps six straight sessions of losses | 11/18/2024 |
5 | Spotlight on Micron Technology Analyzing the Surge in Options Activity | 11/19/2024 |
6 | Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated | 11/20/2024 |
7 | Micron Technology, Inc. Shares Bought by Banque Cantonale Vaudoise | 11/21/2024 |
8 | Samsung ordered to pay 118 million for infringing Netlist patents | 11/22/2024 |
About Micron Technology Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Micron or other stocks. Alpha measures the amount that position in Micron Technology has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2011 | 2022 | 2024 (projected) | Dividend Yield | 0.007234 | 0.004858 | 0.006593 | Price To Sales Ratio | 1.37 | 4.21 | 4.92 |
Micron Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of Micron Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Micron Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Micron Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Micron Technology. Please utilize our Beneish M Score to check the likelihood of Micron Technology's management manipulating its earnings.
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 26th of June 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 25th of September 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of August 2023 Last Financial Announcement | View |
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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.