Micron risk analysis

Use Micron Technology Inc risk analysis together with your other stock asset holdings to enhance returns of your portfolios as well as to check it against diversification policy that fits your risk preferences.  Optimize Portfolio

Projected Return Density against Market

Allowing for 30-days total investment horizon, the stock has beta cooficient of 1.47 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Micron will likely underperform. In addition to that, Micron Technology Inc has alpha of 1.47 implying that it can potentially generate 1.47% excess return over S&P 500 after adjusting for the inherited market risk (beta).Allowing for 30-days total investment horizon, the coefficient of variation of Micron is 265.56. The daily returns are destributed with a variance of 3.36 and standard deviation of 1.83. The mean deviation of Micron Technology Inc is currently at 1.47. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.57

	(alpha)	=	1.47	Details
	(beta)	=	1.47	Details
	(volatility)	=	1.83	Details

Actual Return Volatility

Micron Technology Inc accepts 1.83% volatility on return distribution over the 30 days horizon. S&P 500 shows 0.57% volatility of returns over 30 trading days.