Micron Technology Stock Performance
| MU Stock | USD 102.76 4.39 4.46% |
Micron Technology has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.85, 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. Micron Technology right now secures a risk of 3.33%. Please verify Micron Technology maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Micron Technology will be following its current price movements.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Micron Technology are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Micron Technology is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return 2.82 | Five Day Return 3.68 | Year To Date Return 22.83 | Ten Year Return 194.87 | All Time Return 7.1 K |
Forward Dividend Yield 0.0047 | Payout Ratio 0.3622 | Last Split Factor 2:1 | Forward Dividend Rate 0.46 | Dividend Date 2024-10-23 |
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 | Why Hedge Funds Are Betting on Micron Technology, Inc. s AI Memory Solutions | 11/06/2024 |
3 | White House races to dole out funding from key legislation before Trump takes office | 11/11/2024 |
4 | Bridgewaters top buys and sells in Q3 include Nvidia, Micron, Disney, others | 11/13/2024 |
5 | Micron Technology, Inc. Faces Selling Pressure, Edgewater Issues Bearish DRAM Market Call | 11/14/2024 |
6 | Micron Technology Piper Sandler Bullish on AI-Driven Growth Prospects | 11/15/2024 |
7 | Could Micron Technology, Inc. Grow 10x Over the Next 3 Years | 11/18/2024 |
8 | Spotlight on Micron Technology Analyzing the Surge in Options Activity | 11/19/2024 |
| Begin Period Cash Flow | 8.7 B |
Micron |
Micron Technology Relative Risk vs. Return Landscape
If you would invest 10,273 in Micron Technology on August 23, 2024 and sell it today you would earn a total of 3.00 from holding Micron Technology or generate 0.03% return on investment over 90 days. Micron Technology is generating 0.0538% of daily returns and assumes 3.3284% volatility on return distribution over the 90 days horizon. Put differently, 29% of stocks are less risky than Micron on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| 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 = 0.0162
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Estimated Market Risk
| 3.33 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Micron Technology is performing at about 1% 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.
| Return On Equity | 0.0174 | ||||
| Return On Asset | 0.0117 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 114.97 B | ||||
| Shares Outstanding | 1.11 B | ||||
| Price To Earning | 19.60 X | ||||
| Price To Book | 2.42 X | ||||
| Price To Sales | 4.34 X | ||||
| Revenue | 25.11 B | ||||
| Gross Profit | (1.42 B) | ||||
| EBITDA | 9.58 B | ||||
| Net Income | 778 M | ||||
| Cash And Equivalents | 9.33 B | ||||
| Cash Per Share | 8.58 X | ||||
| Total Debt | 14.01 B | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 2.89 X | ||||
| Book Value Per Share | 40.70 X | ||||
| Cash Flow From Operations | 8.51 B | ||||
| Earnings Per Share | 0.70 X | ||||
| Market Capitalization | 109.07 B | ||||
| Total Asset | 69.42 B | ||||
| Retained Earnings | 40.88 B | ||||
| Working Capital | 15.12 B | ||||
| Current Asset | 9.49 B | ||||
| Current Liabilities | 4.83 B | ||||
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 Reported | Projected 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: Spotlight on Micron Technology Analyzing the Surge in Options Activity |
- 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.
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.