Asset Comparison and Correlation
|Micron Technology Inc. vs S&P 500|
Allowing for 30-days total investment horizon, Micron Technology Inc is expected to generate 2.98 times more return on investment than SP 500. However, Micron is 2.98 times more volatile than S&P 500. It trades about 0.57 of its potential returns per unit of risk. S&P 500 is currently generating about 0.65 per unit of risk. If you would invest 935 in Micron Technology Inc on April 18, 2013 and sell it today you would earn a total of 196.00 from holding Micron Technology Inc or generate 20.96% return on investment over 30 days.
70% of all equities and portfolios perform better than Micron Technology Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Micron Technology Inc are ranked lower than 30 (%) of all global equities and portfolios over the last 30 days.
Match ups for Micron
Match ups for SP 500